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    Category Archives: Mortgage News

    Obama’s plan to help those underwater to refinance!

    October 25, 2011 – 5:01 pm

    Please read this article about the HARP program to help those who are “underwater” on their mortgage, and how you can take advantage of the low-interest rates available.   http://fhfa.gov/webfiles/22721/HARP_release_102411_Final.pdf

    By Billie | Comments (0)

    Should you refinance?

    September 23, 2011 – 2:12 pm

    Here is an interesting article about refinancing: http://www.federalreserve.gov/pubs/refinancings/default.htm

    By Billie | Comments (0)

    Want to Refinace, but dont think you have the value?

    August 11, 2011 – 8:17 pm

    We offer two programs here at Stone Coast Mortgage, that will allow you to refinance your mortgage even if you think the value is not there. If you currently do not pay mortgage insurance on your mortgage You think the value is more than 80% of the loan We can do values up to 115% Your loan [...]

    By Billie | Also posted in Mortgage Basics | Comments (0)

    Everyone needs to be licensed!

    August 10, 2011 – 4:26 pm

    As of July 29th, all loan originators need to be Nationally Licensed. What does this mean. For a while all banks and credit unions could claim exempt on applications where it was indicating a NMLS#  (National Mortgage Licensing System). So any Federally Insured Bank and Credit Union mortgage loan originator must take the national test in order to [...]

    By Billie | Also posted in Mortgage Basics | Comments (0)

    Great Story from yahoo!

    August 9, 2011 – 7:14 pm

    Feds to keep interest rates down low until 2013!!! http://finance.yahoo.com/news/Fed-to-keep-interest-rate-apf-111449019.html?x=0&.v=7

    By Billie | Comments (0)