Mortgage News You Can Use

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Mortgage and Lending - Wells Fargo Home Mortgage
Mortgage News You Can Use Serving all of Wisconsin Helping Homeowners save money on their mortgage. Wisconsin licensed lender.
RECENT BLOG POSTS
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Spring is here. Open Houses abound as well as better temperatures and eager buyers looking to cash in on the tax credits before they expire. You must have a signed contract by the end of April to claim the credit and close prior to the end of June. For first timers the credit is up to $8000. For ...
04/11/2010
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If you are thinking pf purchasing a home in the next six months the most important thing you can do  to save money is to get a pre-approval. Generally you will need 2 years of complete Federal Taxes, 2 pay stubs if not self-employed and 2 months of bank statements. You should be able to be pre-ap...
04/06/2010

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Have you heard of OPM? That is the key to wealth. Other People's Money. Why use yours when you can use others? When you buy a home with an FHA loan you are  using OPM. You put down 3.5% and the lender puts down 96.5%. If the value of the property goes up you are making a giant return. For exa...
04/06/2010
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Did you know you can buy a home with gift funds from a parent or friend and purchase a home? Using an FHA mortgage you can put as little as 3.5% of the purchase price down - in other words only $3500 down- and also take advantage of an $8000 Federal Tax Credit. Why wouldn't you buy?   Receive...
03/26/2010
If you snowmobile, ski,cross country or downhill,skate or just like making snowballs you must be rejoicing.  Snow is in abundance. Some ice fish, sail ice boats, others stay inside. If you live in Wisconsin or any other area where winter roars in and sticks around enjoy it.  For Skier News You Ca...
02/11/2010
There seems to be a mad rush to find a house before the tax credits expire. This is a good thing. Buyers can find homes at prices that may not have been available two or three years before. Mortgage rates are near 5%. We have seen an uptick in buyers looking to become pre-approved. Many of these ...
01/22/2010
It should be a fun weekend for football fans. The NFL playoffs are underway. Local Packer backers hope for a repeat of last week's domination of Arizona. The Packers are 1.5 point underdogs at Arizona. Doesn't seem right, does it?
01/08/2010
The New Year is almost here. A new decade. 2010. What will we do different this year? How will we improve? What goals will be accomplished? Exceeded? Unmet?  Have we taken the time to write out a plan? We all have family goals, personal goals, business goals. I wish everyone luck in acheiving the...
12/30/2009
Purchase activity has increased locally which is a good sign considering it is December and the last week of 2009. Many buyers lately have contacted me regarding their home buying efforts. We all hope this continues so the purchase market can also help retail, construction, home improvement and a...
12/28/2009
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If someone you know is with Wells Fargo mortgage now we may be able to help lower their payment and rate without an appraisal.  This is a great program. Please call with any questions. Thank you.
12/09/2009
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Peter Cannon

NMLSR ID 400610
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