My FHA Mortgage

2011 December Home Sales Report - Wisconsin REALTORS® Association

2012-02-03T20:40:00.000-08:00

2011 December Home Sales Report - Wisconsin REALTORS® Association

Streamline Refinance

2012-01-10T19:03:00.000-08:00

Homeowners with FHA loans can refinance without an appraisal, credit or income documents under the FHA streamline refinance program. Borrowers without a 30 day late payment in the last 12 months may qualify for this program.

We also offer streamlined programs for conventional and VA loans.

If you are in the market to move up or down we can help with a fast pre-approval.

Contact us for details at 414-224-4732.

Mortgage Questions

2011-12-04T07:38:00.000-08:00

We would be happy to answer any mortgage questions. Send an email to wisconsinmortgages@gmail.com. Thank you

New Stats On Home Buyers And Sellers - Legacy Properties Sotheby's International Realty - Belfast - Waldo - The Republican Journal

2011-11-16T17:50:00.000-08:00

New Stats On Home Buyers And Sellers - Legacy Properties Sotheby's International Realty - Belfast - Waldo - The Republican Journal

Milwaukee Area FHA 203k Loans

2011-07-11T19:51:00.000-07:00

An FHA 203k loan is a mortgage where you receive additional funds to repair the property. When the property you are interested has repair issues such as heating, cooling plumbing and/or a roof with less than 2 years of life this may be your solution. To see if the FHA 203k loan makes sense for you call me for more information. 414-224-4732

8am-6pm Central

Low Down Payment

2011-06-25T07:08:00.000-07:00

We offer a loan to buy a home in Wisconsin with a small downpayment. As little as 2% down. If you would like to hear more about this mortgage offered in Milwaukee and Wisconsin and elsewhere contact us.

Buying Property Below Market Value

2011-05-25T18:13:00.000-07:00

How do you buy property below market value? How do you know if you are paying too much? How much do you need to put down? Can I flip a property and make quick cash? What are the rules? How does it work? If interested contact us for a free monthly seminar held in the Eastern Waukesha County area. Call 414-416-9194 for schedule.

First Time Home Buyers

2011-05-19T06:09:00.000-07:00

Are you a first time home buyer? Great. This is good time to get preapproved so you know what you can afford and how much your payment will be once your offer is accepted.

Things to budget for include: homeowners insurance, inspection, and earnest money.

Insurance costs vary but may be about $500 annually. Earnest money is money you put down within a few days after acceptance. An inspection is something you do to give you peace of mind.

Gather 2 years of taxes, bank statements and paystubs and meet with a lender today!

FHA Mortgages- Milwaukee

2011-04-19T14:26:00.000-07:00

Are you looking for a Milwaukee FHA Loan? Work with a local Milwaukee area lender and get approved. We offer FHA mortgage loans for a purchase for first time home buyers or buyers who have owned before. We also do FHA refinance mortgages. We can do cash out FHA mortgages. To see if you qualify call me at 414-224-4732 today.

Loans for Veterans

2011-04-04T19:34:00.000-07:00

Did you know that a qualified veteran can purchase a home with little or nothing out of pocket? A VA loan can be a wonderful opportunity for you to purchase a home in Milwaukee, Wisconsin or anywhere in the United States. Credit qualifying is easier with a VA than a conventional mortgage. Rates are similiar. There are many advantages to using your VA benefit to buy a home. Call me today at 414-224-4732 to learn more.

FHA Premiums Set to Increase

2011-03-22T18:33:00.000-07:00

If you have been considering buying or refinancing you may want to do it now. FHA mortgage insurance are set to rise for case numbers ordered after April 18th. What does this mean? This means that you will pay more per month on the loan regardless of the rate or size of the loan. This increase could prevent you from qualifying. Contact a trusted mortgage consultant today. 414-224-4732

Get Pre-Approved

2011-03-09T18:15:00.000-08:00

There are a lot of people who look at homes to buy and are not pre-approved. That is like going to the grocery store without your wallet. Don't you want to know before you go what you can afford and what your payment will be? Get pre-approved. It's free.

If you can provide 2 years of income, 2 months of bank statements and some paystubs it is possible you can be approved in 15 minutes. We can pre-approve you to buy a home in most states. Call 414-224-4732 today.

FHA Loans

2010-12-31T09:04:00.000-08:00

You can buy a home with an FHA loan with a gift as a downpayment. FHA allows financing with as little as 3.5% down. If you have a relative who would like to help you on the path to ownership this is a great way to be able to putchase a home. Home Ownership gives you pride and tax deductions. You can also furnish your home however you like- it gives you freedom. Why make your landlord rich? Get pre-approved at wwww.wfhm.com/peter-cannon and buy a home!

Purchase a Home

2010-11-24T06:03:00.000-08:00

Winter is a great time to purchase a home. There are fewer buyers looking so you have fewer people competing with your offer. Work with a string lender and Realtor wwho sells at least 10 homes a year. Experience matters.

FHA Loans

2010-08-29T07:37:00.000-07:00

We offer FHA financing in Wisconsin, Minnesota, Illinois and Iowa. We offer mortgages in most states.

An FHA mortgage can be used to purchase a home with just 3.5% as a down payment. If you currently have an FHA loan you may be eligible for a streamline refinance without an appraisal or income and credit underwriting. To learn more about FHA loans and to see if you qualify contact me at 414-224-4732. Thank you.

An Equal Housing Lender

FHA Loans Remain Popular

2010-04-06T19:18:00.000-07:00

FHA mortgages remain popular for buyers with limited funds to put down on the purchase of a new home. Buyers can purchase a 1-4 family owner occupied property with just 3.5% down. Rates are similiar to conventional financing. We have seen some buyers recently taking advantage of the 5/1 FHA ARM which offers a mortgage rate about 1% below current rates and affords lower payments for five years and in some cases six years. The maximum rate increase on the 6th year can be as little as 1%.
Contact us to see if this loan is right for you. 414-224-4732.

An Equal Housing Lender

Not All May Qualify

To apply call 414-224-4732

Home Buyer Books Available

2010-03-27T08:54:00.000-07:00

Would you like to receive a home buyer book to answer some questions for the first time home buyer?

http://www.wfhm.com/peter-cannon

$315,000

2010-01-16T05:19:00.000-08:00

Did you know you can finance a home with an FHA loan up to $315,000? Did you know in some areas in Wisconsin the loan limit is higher? You can purchase a home with just 3.5% down using an FHA loan. Save your money for improvements or investing. Why put down 20%?

There is an incredible amount of homes for sale in Milwaukee, Waukesha, Ozaukee, Wsahington, Racine, Kenosha, Walworth county and other nearby areas in this price range.

The first thing to do is to meet with a lender for a pre-approval, We can do this for you over the phone at 414-416-9194 or in person or on a secure web site. Our pre-approval will be the key to negotiating your best offer. Our pre-approval is good for 120 days.

You must close by the end of June and be under contract to purchase a home by the end of April in order to take advantage of the $8000 first time home buyer tax credit or the $6500 tax credit established for exsisting home owners.

Winter is the best time to buy a house

2009-12-07T18:33:00.000-08:00

Some people think that there is a benefit to buying a house in Spring. Buy in winter and get a better price. Fewer homes are on the market in the winter and fewer people are thinking of purchasing in winter in the northern areas of the United States. You will be in a better bargaining position by buying in winter than purchasing in Spring. Why compete with other offers and overbid? The winter is the best time to buy.

Before you buy contact me for a pre-approval and explanation of the process. We will explain how you should budget for homeowners insurance, a home inspection, earnest money and an appraisal. We will provide you with a letter stating what you are approved for so you can tailor your search in that price range and save time. The seller will be confident you have financing secured. This is the most important fact in real estate today. A solid pre-approval letter. Call for yours today. 414-416-9194 or 414-224-4732.

Milwaukee FHA Loans

2009-11-28T07:04:00.000-08:00

FHA loans are mortgages that you can apply for to allow you to purchase a house with 3.5% down. In other words on a $200,000 home you would need just $7000. On a $100,000 home you would need just $3500. The down payment can be a gift.

Often times the seller can credit you for the closing costs so all you need is the down payment. FHA is a bit more lenient as far as underwriting than a conventional mortgage. FHA is very popular because with conventional financing you need larger down payments and perfect credit. To learn about FHA financing and how it may be the right loan for you contact me at 414-224-4732 or 414-416-9194.

An Equal Housing Lender

FHA Benefits

2009-09-03T11:03:00.001-07:00

An FHA mortgage is a great tool to help first time home buyers purchase a new home. Using an FHA approved lender you can purchase a home at great rates with only 3.5% down. Your down payment can be a gift from a friend or family member where normally with a traditional mortgage your down payment would have to be seasoned for 60 days in your bank account. FHA underwriting is a bit less stringent than conventional loans. Generally, the property you purchase should be in a good, safe condition. The appraisal is a bit more detailed than a conventional mortgage. The Department Of Housing and Urban development is concerned with safety items like chipped paint, railings, roof etc. To learn more about FHA financing benefits contact us anytime at http://www.wisconsinmortgages1.com

Jobs Report

2009-08-07T09:57:00.000-07:00

The good news is fewer people are out of work. The unemployment stands at 9.4% now. This means mortgage rates rise because investors feel we may have reached the bottom of the recession. The time to buy is now while rates are low, selection of homes are high, home prices are low and there is a $8000 Federal Tax Credit available.

OnMilwaukee.com Milwaukee Buzz: OnMilwaukee.com Weekend Preview: Aug. 7-9, 2009

2009-08-07T08:58:00.001-07:00

OnMilwaukee.com Milwaukee Buzz: OnMilwaukee.com Weekend Preview: Aug. 7-9, 2009

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OnMilwaukee.com Bars & Clubs: Bay View Brewhaus sheds light on live music

2009-07-23T12:55:00.001-07:00

OnMilwaukee.com Bars & Clubs: Bay View Brewhaus sheds light on live music

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$315,000 Buys A Nice Home

2009-07-23T12:29:00.000-07:00

Did you know in Milwaukee, Waukesha and Ozaukee counties you can purchase a home with an FHA mortgage and finance $315,000? You only need 3.5% down. If you buy a duplex you can finance even more. FHA sets loan limits by county based on the cost of housing in that area. This is the current limit in these counties. Dane county for example has a lower limit, about $293,000 and Kenosha higher. Call me today to discuss how FHA financing will work for you.

FHA Mortgage News

2009-07-13T08:52:00.000-07:00

FHA mortgage rates remain in the low 5s on a 30 year fixed loan. IF you finance $150,000 your payment without taxes or insurance is bout $840 a month. How much are you paying for rent? The great thing about owning your own home is you build equity as the mortgage balance goes down and the the home value increases. Although appreciation has slowed or stopped in many areas this will change and long time homeowners benefit by having a low interest rate to build equity fast.

FHA News

2009-07-08T12:29:00.000-07:00

An option to build equity fast is a 15 year mortgage term. Imagine having no mortgage payment after 15 years. The 15 year FHA rate today is exceptional. We are offering a 15 year fixed rate on on FHA loan at just 4.5%. We have not seen this rate in the past 8 years. Call to apply and pay your house off.

APR 4.57%

First-Time Home Buyers Guide

2009-07-06T13:04:00.000-07:00

We have a free First-Time Home Buyers guide available. To receive your personal copy call or email 414-416-9194 or email wisconsinmortgages@gmail.com

$8000 Home Buyer Tax Credit

2009-07-02T07:05:00.001-07:00

Buy a house now and receive an $8000 Home Buyer Tax Credit. This program applies to people who have not purchased a primary residence in the past three years and earn less than $150,000 jointly or $75,000 solely. Combining this program with FHA financing allows you to actually receive more money back than you put down. We will help you structure the deal where it works best for you. Buying a home with FHA financing allows you to receive a low interest rate fixed mortgage and allows you to have your property taxes in your payment so you don't have to worry about having the money to pay you taxes. Call me for a pre-approval today and start building equity.
414-416-9194

FHA Benefits

2009-06-19T06:34:00.000-07:00

Did you know you can purchase a home with an FHA loan with 3.5% down? You cannot use a conventional loan today and put such a small amount down. Did you know with an FHA loan the monthly mortgage insurance is less than a conventional loan? Did you know that most lenders today require a 620 credit score as a minimum to qualify? Did you know that lenders like stability like a long time at an address or a job? Did you know having assets, like a 401k, IRA, checking or savings is a factor in getting approved? To answer any FHA or mortgage questions call me at 414-416-9194. We can set an appointment to discuss your unique needs.

FHA Rates Up

2009-06-11T06:03:00.000-07:00

FHA loan rates, a popular loan today for buyers because of the small down payment required, rose over the past week. Purchasing a home and using an FHA mortgage allows you to put just 3.5% of the purchase price down. Rates have moved from near 5% to near 6%. FHA mortgage rates are still favorable and no one knows where they will be in the future. The time is now to purchase. It is still a buyers market with an oversupply of homes to choose from and an $8000 Home Buyer Tax Credit available.

$8000 Home Buyer Tax Credit

2009-06-03T09:41:00.000-07:00

To receive the new $8000 home buyer tax credit the form you need to fill out is called Form 5405. http://www.irs.gov/pub/irs-pdf/f5405.pdf

$8000 Tax Credit

2009-05-20T05:01:00.000-07:00

You can receive an $8000 tax credit if you buy a house soon. This credit will expire in the fall. The recent proposal to allow the credit to be used for a down payment on an FHA loan has been postponed. However if you do purchase a home and have not purchased a primary residence in the last three years and make less than $75,000 solely or $150,000 jointly you can amend your 2008 taxes and receive the $8000 this year, soon after closing. Call fort details. 414-416-9194

FHA Loans

2009-05-06T20:00:00.000-07:00

What is an FHA loan? It is a government insured mortgage. Currently you can purchase a home with an FHA loan in Milwaukee county and finance up to $315,000. You must occupy the property. Duplex's are OK. Rates are at or near conventional mortgage rates. Qualifying is easier than a conventional mortgage. Currently on a conventional a Chapter 7 bankruptcy would have to be discharged 5 years. FHA, two years. Once on an FHA mortgage you can refinance without an appraisal which in today's market is crucial. Call for more details about why an FHA loan may be right for you 414-416-9194 or 414-527-7800 x 108 Ask For Pete.

Free Credit Tips

2009-04-09T06:39:00.000-07:00

We are giving away our "Eight Tips to Improve Your Credit," special report. By following these free steps you will be on your way to increasing your credit scores. To receive a free copy email me with your name and phone number to wisconsinmortgages@gmail.com

$8000 Home Buyer Tax Credit

2009-04-05T18:00:00.000-07:00

Did you know if you buy a home you can receive an $8000 tax credit? It is not a loan or a deduction, it is a credit. In other words even if you don't pay $8000 in Federal Taxes this year you still can receive the $8000 cash sent to you. Here's how it works: Buy a home valued at more than $80,000 and as long as you earn less than $150,000 as a couple or $75,000 by yourself and one of you has not bought a primary residence in the last three years you qualify. This is part of the stimulus package and it expires by December 1st so start shopping for a home! For a free pre-approval contact me anytime. 414-416-9194 or email at wisconsinmortgages@gmail.com. Thank you.

TO SEARCH FOR WISCONSIN HOMES FOR SALE FOR FREE GO TO WIHOMES.COM

How To Apply For A Mortgage

2009-04-02T14:43:00.001-07:00

To apply for a mortgage you should have two years of Federal taxes, two months of bank statements, any retirement statements, a current pay stub and a two year employment and residence history complete with names, addresses and beginning and ending dates. Then work with a loan officer who has been in the industry and has experience. Ask them how long they have been in the mortgage business. Ask them what determines who qualifies and who does not. Ask to see a copy of your credit report and have them explain it to you if there is anything unclear on the report. Get a good faith estimate in writing. Also ask for The Truth In lending statement. After your questions are answered you should feel comfortable with the person, the company and the transaction.

$8000 Home Buyer Tax Credit

2009-03-25T18:06:00.001-07:00

Picture this: You buy a $200,000 house in the next 90 days. We finance 96.5% of the purchase price at a FIXED rate in the low 5s. You put down $7000. You file your taxes, you can even amend them if you already filed. You receive a check back from the IRS for $8000. The seller pays your closing costs. Let's review. You buy a house. You put little down. You net $1000. It is legal and available and we wonder why you have't taken advantage of this program yet. Call us now. We will show you how. Always consult a tax professional. CALL 414-416-9194

Mortgage Rates Drop

2009-03-20T18:01:00.001-07:00

FHA mortgages in Wisconsin are now more affordable than ever before. Call to apply today. 414-416-9194

FHA NEWS YOU CAN USE

2009-03-04T09:14:00.000-08:00

Many lenders are now requiring a 620 minimum credit score on borrowers for FHA financing although credit scoring is not necessarily a requirement of FHA. For a married couple even if there is one income the lender generally looks at the lowest middle score of the spouses to qualify. It is now more important than ever to have your credit improve if you have had any credit issues in the past. We would be happy to give you free suggestions on how to improve your creedit without paying a credit repair service.

FHA

2009-03-02T09:54:00.001-08:00

An advantage of an FHA loan is that you only need 3.5% down to purchase a home. The down payment can also be a gift so you do not have to have the money in a bank account for a period of time unlike with a conventional mortgage. Rates are similar to conventional financing and the monthly mortgage insurance is less. Today trying to buy a home without an FHA loan and with such a small down payment is virtually impossible. Mortgage insurance companies are not insuring these loans, however FHA will. One of the reasons the mortgage insurance premium is less per month on a FHA loan than a conventional loan is because a share of it is financed in the loan. There are no income limits to FHA financing. In other words if you make $150,000 a year you are not excluded. There are loan limits which vary by county. You can finance over $300,000 in some areas in Southeastern and far Northwestern Wisconsin.

APPLY NOW

2009-02-04T13:16:00.001-08:00

414-416-9194 or wisconsinmortgages@gmail.com

Streamline FHA Refinance

2009-02-04T13:06:00.001-08:00

Call me today if you have a FHA mortgage above 6% and have made three payments. You may may be eligible for a FHA streamline refinance where we can drop your rate and payment without an appraisal. 414-416-9194

Apply For A Wisconsin Mortgage

2009-01-02T13:56:00.000-08:00

Rates are low. Apply for a mortgage today. Email wisconsinmortgages@gmail.com or call 414-416-9194 or 262-569-8675

Great Deal

2008-12-26T06:57:00.000-08:00

We will meet or beat any written offer. If you have a good faith estimate call me and after you email or fax it or bring it to my office we will put in writing a better offer for you by either lowering the rate or fees. You decide!

Call 414-416-9194 or 262-569-8675 or email wisconsinmortgages@gmail.com or just call me to set a appointment at your home, business or one of our offices.

FHA IS THE SOLUTION

2008-12-22T12:02:00.001-08:00

Did you know that 25% of people with mortgages nationally owe more than their house is worth? This can be a challenge. The good news is if you have 3% or so equity and want to refinance and do not want to bring money to closing it may be possible for FHA to be your solution. Mortgage insurance companies will not insure loans for people with less than 15% equity now. However, FHA will and may be your solution to payment and rate relief. There is no cost to you to explore the possibility. Call us today to discuss your unique needs. 414-416-9194

APPLY FOR AN FHA MORTGAGE

2008-12-20T05:18:00.001-08:00

The best way to apply is to call me for an appointment. You can reach me directly at 414-416-9194.

5% Rates

2008-12-20T05:01:00.000-08:00

Rates are at 5%. Can you believe it? Apply now. Lenders are already overwhelmed. You need to get your application in the stack before rates rise. Call me today at 414-416
-9194. We will make it easy for you during this busy Holiday Season.

An Equal Housing Lender
APR %5.09

APPLY 24/7

2008-12-01T13:48:00.000-08:00

APPLY AT wisconsinmortgages@gmail.com
or call 414-416-9194

FHA RATES TUMBLE

2008-12-01T13:46:00.001-08:00

FHA rates are at levels we have not seen for years. It is possible to get a rate in the 5s now. Call today to apply. 414-416-9194 or 262-569-8675

FHA RATES SLIDE

2008-11-25T11:41:00.000-08:00

FHA mortgage rates fell below 6% for the first time in recent memory. The drop came mid-day during a shortened holiday week. To save thousands of dollars on a refinance call me today. The low rates may not last! 414-416-9194

HOW TO APPLY FOR A MORTGAGE

2008-11-19T08:53:00.000-08:00

The first step in applying for a mortgage is to gather 2-3 years of complete Federal Tax returns, a current paystub if you are a W2 employee and 2 months of bank statements and all retirement statements. You should also review a copy of your credit report for any errors. We can provide you with a credit report. After gathering the documents set an appointment with a Loan Officer to apply. The appointment can take less than an hour. After the appointment and verifications you should receive a pre-qualification letter from the lender which will let the Real Estate agents and seller know that you will be able to obtain financing. No one wants to work with an unqualified buyer. Once qualified you are in a stronger negotiating position to purchase.

FHA Loans

2008-11-18T09:34:00.001-08:00

FHA loans are great loans for people looking to purchase or refinance. You can buy a home with as little as 3% down and obtain a low fixed rate if you qualify. It is easier to qualify for an FHA mortgage than a conventional loan. After Jan. 1st there will be a slight change in FHA financing. You will need 3.5% down not 3%. Many people feel you need 20% down to buy a home in today's economy. That is not the case. We are an FHA approved lender. Not every lender is approved to do FHA loans. We have gone through extensive auditing to be able to help you with FHA loans. To learn about purchasing a home with an FHA loan or refinancing call me today at 414-416-9194 or 262-569-8675.

Rates Remain Low For FHA Loans

2008-10-02T14:45:00.000-07:00

Mortgage rates remain low for FHA financing in Wisconsin. Rates are in the low 6s. An FHA loan can be used for a purchase with as little as 3.5% down or to refinance your current mortgage. FHA underwriting is more lenient than standard underwriting. Not everyone qualifies but if you have a reliable source of income, stability and can show some positive payment history, even though it may not report on a credit bureau you may qualify. Start building equity today. Own a home of your own. Imagine the feeling of pride you will have.

Free Credit Reports

2008-09-24T08:43:00.000-07:00

We are offering a free credit report for renters or homeowners who are looking to purchase or refinance. To obtain your copy and receive an analysis of the report call me anytime at 414-416-9194.

Veteran Loans

2008-09-23T15:12:00.000-07:00

Did you know that if you are a veteran you qualify for a loan with little or nothing down and no mortgage insurance? A VA loan is one of the best mortgages you can get. Underwriting is not as strict as a conforming mortgage and rates are generally fixed and lately have been in the low 6s for those who qualify. To see what you can afford and to learn what your payment would be call me today at 414-416-9194.

APPLY 24/7

2008-09-12T12:23:00.001-07:00

APPLY TODAY. CALL 414-416-9194 or 262-569-8675 or email at wisconsinmortgages@gmail.com

FHA Benefits

2008-09-12T12:16:00.001-07:00

Benefits of FHA financing for home buyers are many. You can use gift funds to use as a down payment. There are no credit score requirements. You can obtain a fixed rate mortgage at good rates up to $315,000 in the Greater Milwaukee area. Loan limits are higher in Kenosha because it is on the Illinois border where values are higher. There are no income limitations on FHA loans. In other words if you are in an upper income bracket you qualify as well. A bankruptcy does not disqualify you. You can obtain a great low rate with low monthly mortgage insurance and few out of pocket costs. FHA loans also allow the seller to contribute up to 6% of the sales price for closing costs.

Rates are low

2008-09-03T12:04:00.001-07:00

Mortgage rates remain low in Wisconsin for borrowers looking to purchase or refinance in the Milwaukee, Waukesha, Ozaukee, Washington, Walworth, Kenosha and Racine areas. These are the areas where we close many loans however we are happy to help you anywhere in the state of Wisconsin.

A great loan option for some people is an FHA mortgage. One of the benefits is that you can put very little down and still receive great rates and pay a small monthly mortgage insurance because part of the insurance is financed in the loan which lowers your monthly payment. Save your cash for a rainy day or retirement. To learn more about FHA loans call us anytime at 414-416-9194.

FREE FOR SALE BY OWNER KITS

2008-08-22T13:03:00.000-07:00

We have free For Sale By Owner Kits for those that choose to work without a realtor for now.
We will also include a free book "33 Ways To Sell Your Home Fast." To receive your books call or email us. Thank you. 414-416-9194 wisconsinmortgages@gmail.com

FHA LOANS REMAIN POPULAR

2008-08-19T07:02:00.000-07:00

FHA loans offers buyers the opportunity to purchase with a small 3% down payment. Generally, the loans are a 30 year fixed mortgage, the safest mortgage today. Gift funds can be used for the 3% down. Monthly mortgage insurance is lower than with a conventional mortgage because some of the insurance is financed. FHA loans can also be used to refinance your present loan. Underwriting is a liitle less lenient than qualifying for a conventional loan. Job time, increasing income and showing you have savings, like a 401k can be very helpful when qualifying.

FHA Mortgages

2008-07-21T10:44:00.000-07:00

Our main website is at www.mymilwaukeemortgage.com

Grants Available

2008-07-03T09:18:00.000-07:00

We are offering a down payment assistance grant for qualified home buyers. The grant can be used to purchase a single family home in Wisconsin. To apply for this grant contact Pete Cannon at Great Lakes Mortgage today at 414-416-9194. An Equal Housing Lender.

Apply For An FHA Loan

2008-05-19T11:11:00.000-07:00

Apply today for a mortgage to purchase the property of your dreams or to refinance into a lower rate fixed loan. If you have any real estate questions we would be happy to answer them however we do encourage you to use an attorney.

There has never been a better time to buy a home than now. There is more selection available because some credit guidelines have been tightened. This does not mean you do not qualify!
It means you must work with an experienced lender to insure your closing is smooth. Call us today to answer any questions or to get a pre-qualification or no obligation refinance savings quote.

FHA Rates Remain Low

2008-04-23T14:42:00.000-07:00

FHA fixed mortgage rates remain low for first time home buyers or anyone else who needs to finance up to 97% of their home. FHA rates have been in the low 6% area for some time. The advantage of an FHA mortgage is that you may qualify for an FHA loan if you do not qualify for a conventional loan. You can also use gift or grant funds on a purchase so you save your money for regular expenses. The gift or grant can be for 3% of the purchase price and the mortgage can be for up to 97% of the purchase price so it is similar to a zero money down home loan at a great rate for borrowers with limited funds to purchase their first home.

Remember an FHA loan also works well now for people who purchased with limited or no down payments at the top of the market and do not have much equity to refinance currently due to slowing appreciation is some areas.

To apply for a mortgage contact us at wisconsinmortgages@gmail.com

FHA Financing Explained

2008-04-11T13:22:00.000-07:00

An FHA loan is a loan guaranteed by the federal housing administration. In the Greater Milwaukee area FHA loans up to $315,000 can be originated. FHA loans have more lenient underwriting than a conventional mortgage. It is important to have job stability and income to qualify however there can be some credit blemishes as long as there is a good written explanation. It is underwriting the old fashioned way.
You can buy with only 3% down. You can use gift funds for the 3% down or we can obtain a grant for you. To learn more contact us 24 hours a day by email at wisconsinmortgages@gmail.com or call 414-416-9194 for more details. The FHA loan is also a fixed rate with no penalties for early payoff.

Still Paying Rent?

2008-04-07T13:38:00.001-07:00

Owning a home is easier than you think. No money down financing is available. Call Pete Cannon at 414-416-9194 today.

How To Apply?

2008-04-01T14:48:00.001-07:00

To apply for a purchase pre-qualification or refinance or a home equity line of credit or just to receive a free copy and explanation of your credit report call Senior Mortgage Loan Consultant Pete Cannon at 262-569-8675 or 414-416-9194 today.

FHA LOAN LIMIT NOW $315,000

2008-03-26T13:39:00.000-07:00

We now offer fixed rate FHA government insured mortgages up to $315,000 in Milwaukee and Waukesha counties. We can do an FHA mortgage in any of the 72 counties of Wisconsin. Different counties have different loan limits. No matter where you live in Wisconsin we may be able to save you $10,000-$300,000 in interest over the life of your loan. Call now to apply. 262-569-8675 or 414-416-9194 Operators are standing by.

APPLY FOR AN FHA MORTGAGE

2008-01-28T15:25:00.000-08:00

To apply we need 2 years of federal taxes, a current paystub, 2 months of bank statements and a letter of explanation for any slow credit. Once you have these items together call me to schedule an appointment.

FHA Loan Limits to Be Increased

2008-01-28T12:46:00.000-08:00

FHA mortgage loans in Milwaukee and Waukesha county are currently limited to about $219,000. This limit will be raised shortly allowing thousands of area homeowners who are currently over the limit to refinance into an FHA loan and save thousands of dollars in interest a year. Only FHA approved mortgage lenders like us are able to provide this service. Apply today. Call 414-416-9194 An Equal Housing Lender.

Trouble with Mortgage Payments?

2008-01-23T14:23:00.000-08:00

If you are having a problem paying your mortgage there is help available. First try to refinance and if you cannot go to www.995hope.org for help.

Free Credit Reports

2007-12-30T07:02:00.000-08:00

To receive your free credit report today with credit score call 414-416-9194 or 414-527-7800 x 108 and we would happy to send you a report. You are under no obligation to use our mortgage services. We can also explain the report to you.

Will Rates Drop?

2007-12-21T14:16:00.001-08:00

Anyone who tells you they know the future direction of interest rates is pulling your leg. We can tell you what they are today. We can hold the rate for you for 60 days or so but we can not see the future. Call us today. 414-416-9194

What's an FHA Mortgage?

2007-12-10T10:57:00.000-08:00

An FHA mortgage is a government insured mortgage designed to allow more people the opportunity to afford a home. Guidelines allow financing up to 97% of the purchase price of a home that you would occupy. Underwriting guidelines allow people with limited credit to qualify. There are many advantages to an FHA mortgage. The monthly insurance premium is less than it would be on a conventional loan. Mortgage insurance insures the lender against default when you put down less than 20%. There are no income limits on an FHA mortgage. You can refinance easier with less paperwork as long as you have a history of on time payments. In other words if rates go down this can be a huge advantage. If rates increase and you are looking to sell the new buyer can assume your loan at a lower rate than they may be able to qualify for otherwise. To learn more call anytime. 414-527-7800 x 108 or 414-416-9194

Free Downpayment Assistance

2007-12-03T13:55:00.000-08:00

If you are looking to purchase in the next six months and are short on downpayment we have the solution. You may qualify for a 3% downpayment assistance grant to help you get into your home. We can help you. Call or email and start your application today. pc@glmcdirect.com 414-416-9194 An Equal Housing Lender

Mortgage News You Can Use: Why Get Qualified

2007-11-20T08:11:00.000-08:00

Mortgage News You Can Use: Why Get Qualified www.glmcdirect.com

FHA Mortgages

2007-11-19T13:56:00.000-08:00

Some buyers may not qualify for a traditional mortgage but may qualify for an FHA insured mortgage. Anyone who can show a history of paying three things on time for 12 months may qualify! This could be rent, cable, phone, insurance or anything reporting monthly on a credit report. Large downpayments are not needed for FHA loans and gifts may be used. Find out more. Call us today. 414-527-7800 x 108

FHA Mortgages

2007-11-07T09:24:00.000-08:00

An FHA mortgage is a great tool for first time home buyers to be able to afford a house and get a fixed payment. FHA allows financing on purchases of up to 97% of the purchase price so having a large downpayment is not necessary. If you are paying more than 700 a month in rent you should consider geting qualified on a FHA loan for a home purchase. It is easy to do. Schedule an appointment with us today and you will be on the path to homeownership and building equity and saving tax dollars sooner than you ever thought possible.

We also have other financing options that may be better suited for you. Call today! 414-416-9194

FHA Purchase

2007-09-25T10:15:00.000-07:00

Did you know that you may qualify for an FHA purchase mortgage even though you have had previous credit challenges? To qualify for an FHA mortgage, which is a 30 year fixed loan in many cases,important factors are job time, income and the ability to pay. Credit score is not a requirement. Huge downpayments are not needed. There are no income limits. To learn more contact Sr Loan Officer Pete Cannon at 414-527-7800 x 108 today.

Mortgage Rates Drop Again

2007-09-25T10:11:00.000-07:00

There has never been a better time to buy a house. Rates are low, selection is high and lenders are eager to make loans. If your credit is not good now contact us and we will show you how to improve your credit. No downpayment? No problem! If you do not qualify for Zero Money Down you may in 6 months. Let's put you on the path to home ownership. Do you want to be one of the nearly 70% who own or be one of the 30% who pay another your landlords' mortgage? You decide!

My Milwaukee Mortgage

2007-09-24T11:27:00.000-07:00

mymilwaukeemortgage.com