October 18th, 2010 4:54 PM by Susan Larson
Wow, I have been so busy and have forgot about my blog. I hope everyone is doing well. Things have been crazy in the mortgage industry, with rates AT ALL TIME LOWS. I tell everyone, that if you have not taken advantage of this lower rate, whether it's with Community Mortgage or not, please make sure you do. I don't believe rates will be this low forever and eventually they will start to rise. I wouldn't want ANY of you to miss this great opportunity.
Now is the time to start savings money. It seems all of America is finding ways to save money and this is just another way to do it. For those of you that have an FHA loan, I would suggest an FHA Streamline Refinance without the appraisal. You will have to bring your escrows to closing (we pay our borrowers closing costs), but you will get your old escrows back after we pay off your old lender. If you do not roll anything into the new loan, you do not need to get an appraisal, so your appraised value will not be a concern.
Well hopefully it won't take me that long to write again. Have a great day :)