Strategic Mortgage - Bill Kamboukos

Mortgage and Lending - Strategic Mortgage - NMLS#158804



Fannie Mae has brought back incentives for both home buyers purchasing homes from their inventory of bank owned homes effective immediately. Perhaps this in response to the 129,310 single family bank-owned properties or REOs as they're called, which is more twice their inventory just one year ago...
The homebuyer tax credit is now come and gone, but in the time it was here it went through multiple changes to the terms of the actual credit and because of that, some homeowners will need to soon begin repayment of the credit. Almost half of all homeowners who claimed the first-time homebuyer ta...
With interest rates at record lows, many borrowers are looking to refinance and take advantage of lower interest rates. However, often times this process is made more difficult or impossible due to issues that can arise, most notably the fact that the current valuation of the property is less tha...
When it comes to refinancing a mortgage there are multiple factors that can make it beneficial to do so. Of course, in the current marketplace with interest rates at record lows, the first reason to refinance is most always a lower interest rate. However, there are other reasons as well that make...

Bill Kamboukos

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