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Monday, September 27, 2010 7:36 PM

More condos in Florida being approved by Fannie Mae

There was an article a few weeks ago in the South Florida Business Journal that discussed how Fannie Mae's approvals for Florida condo projects are up 40% over last year. To get conventional financing on a condo purchase, the condo complex has to
Posted by Ron Nedd | 0 Comments
Friday, September 03, 2010 1:39 PM

Mortgage rates hit record low of 4.32% this week

This was information from Freddie Mac this past Thursday and was for 30 year loans. This is not for everyone getting a loan but would be for someone with a great credit score and history, putting down at least 20% for a primary residence and with whatever
Posted by Ron Nedd | 0 Comments
Thursday, August 05, 2010 5:47 PM

Financing Nightmare

I have a client who is closing tomorrow on a townhouse and they are very well qualified buyers but we went through 2 weeks of a nightmare in dealing with their lender. I learned a lot from this one and will be writing about it in my September newsletter
Posted by Ron Nedd | 0 Comments
Wednesday, July 21, 2010 6:28 PM

Important information if you're getting a loan.

One thing that is important to know if you will be getting financing for your purchase is that you do not want to do anything that will affect your credit score from the time you apply for the loan until closing. Doing things like buying a new car or
Posted by Ron Nedd | 0 Comments