Brad Yzermans's Blog

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Mortgage and Lending - First Time Home Buyer & Down Payment Assistance Specialist in So Cal. - NMLS 315238

ARCHIVED BLOG POSTS

2009 

  Well, it's done.....the govt. sweetend the incentive to purchase a home in 2009 for first time homebuyers........bummer for those who bought in 2008 and have to repay their $7,500 tax credit.....which really made it an interest free loan, right? Let me clarify what a tax credit actualy is....mo...
02/17/2009
Good news for all of you current and future investors!  Friday, Fannie Mae rolled-back one of its least popular mortgage guidelines updates of the last 12 months. Effective March 1, 2009, real estate investors can once again own and finance up to 10 individual properties.  The restriction reversa...
02/10/2009
Hi, I just wanted everyone to know how much of our tax money our governement seems so willing to spend.  Most people don't realize how much $900 bilion dollars is.  Chew on this for a while. To spend $900 billion you would have to spend $1 million very day for more than 2,500 years!!!  I think ev...
02/06/2009
Many homeowners are waiting to refinance eventhough interest rates dropped between the 4.5% to 5.0% range back in December/early January for a few weeks.  This generalization is for people with credit scores over 740 and below 80% LTV.....and of course, meet the DTI (debt-to-income) guidelines. W...
02/04/2009
Rainmaker
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Brad Yzermans

Temecula-Murrieta-Menifee FHA/VA Mortgage Lender
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