The Mortgage Experts at America's Mortgage

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Mortgage and Lending - The Mortgage Experts at America's Mortgage, a Division of Cherry Creek Mortgage Co. - NMLS #241555

ARCHIVED BLOG POSTS

2009 

Electronic signatures on real estate sales contracts are becoming common, but there are a few things that you need to know to make the financing go smoothly when electronic signatures are involved.  For VA loans, electronic signatures are not allowed.  Everything must be signed with a pen. For FH...
05/31/2009
5 Comments
GMAC just raised their minimum credit score for FHA loans to 600.  They were the last holdout at 580.  Most lenders have been at 620 for months.   This means that credit scores are more important than ever, but what can you do if your buyers have scores below 600?  Here are the two most important...
05/28/2009
0 Comments
GMAC just raised their minimum credit score for FHA loans to 600. They were the last holdout at 580. Most lenders have been at 620 for months. This means that credit scores are more important than ever, but what can you do if your buyers have scores below 600? Here are the two most important thin...
05/27/2009
1 Comments
Our new class schedule is now available on our web site.  Here's the link: http://www.mtgsupportservices.com/uploads/Class_Schedule_updated_5-20-09.pdf If you need Continuing Education Units (CEU's), then sign up for one of our FREE classes.  At the moment, we have classes scheduled on the follow...
05/26/2009
2 Comments
Confused about the new appraisal rules?  Here's what you need to know:  Beginning May 1, 2009, all conventional (non-government) loans that are going to be sold to Fannie Mae or Freddie Mac require compliance with the Home Valuation Code of Conduct (HVCC).  The HVCC prohibits mortgage brokers and...
05/12/2009
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