Brand Mortgage: Great Contact for loans in Ga & SC

Hello,

I just wanted to reach out to let you know about some excited news. First of all, for those that do not know, I went to work for Brand Bank in January. I am working in the mortgage division. The best news is that we have very low rates, fast turn times in underwriting and more products that I had access to before. We have got the best rates of anyone for the 203k renovation loan. We will also soon have access to FHLB loans where the government matches our clients downpayment $5 to $1.
In other words, if you make a $1,000 down payment the government will give you and additional $5,000 for free towards your down payment. This product is also difficult to find in the market. We also have special incentives for our builder inventory of homes. My new contact information is listed below. Please feel free to call me anytime. I look forward to hearing from you.

Jeff Ingram
Direct 678-226-7867
Cell 678-643-2442
Fax 678-518-6318
www.JeffsMortgages.com

mortgage rates 2/28/2010. Now is the time to Buy!

Rate Sheet as of 02-28-10 at 6:06 p.m.
Bank of America Home Loans
Raymond Duncan 1.800.987.9605 cell

Rates below are at current points, and other rate and point options are available. Rates may vary depending on down payment amounts, credit scores, and purchase terms.

FHA Mortgages up to 96.5% Financing (No minimum credit score required)

15 year fixed 4.250% 0.000 point
30 year fixed 4.875% 0.500 points
5/1 ARM 3.875% 0.000 points 150,000.00 K note

VA Mortgages up to 100% Financing (No minimum credit score required)

15 year fixed 4.250% 0.250 point
30 year fixed 5.000% 0.000 points
3/1 ARM 3.875% 0.000 points 150, 000.00 K note

Conventional Mortgages up to 95% Financing

15 year fixed 4.250% 0.125 points
30 year fixed 4.875% 0.000 points
5/1 Arm 3.875% 0.000 points 417, 000.00 K note

*****Rates quoted above are based on a $150,000.00 purchase price and a 417,000.00 note with a credit score of 720****
*****Private Mortgage insurance may apply******
*****Escrowing of taxes and insurance is required if LTV is over 80%******

Jumbo Mortgages up to 80% financing

15 year fixed 5.125% 0.500 points
30 year fixed 5.625% 0.125 points

*****Rates quoted above are based on $695,000.00 purchase price and credit score of 720*****
*****Rates quoted with escrows of taxes and insurance*****

Jumbo Loans up to $5,000,000.00 (may require up to 40% down)

15 year fixed 5.375% 0.125 points
30 year fixed 6.250% 0.125 points

Used purchase price of 4,275,000.00 with loan amount of $2,992,500.00 and 720 credit score…

These products, rates, and terms are subject to primary home purchases; and may change without notice. Bank of America Home Loans is an equal housing lender. Sent by Raymond Duncan @ 1.800.987.9605 cell, closing home loans all over the U.S. Purchase, Refinance, Equity Line, and Reverse Mortgage Products available... Still lending on second homes and investment homes too…

Home Buyer's Tax Credit EXTENDED!!!

With the nation's unemployment rate busting through the 10% mark in October, President Obama on Friday signed legislation extending the $8,000 first-time homebuyer tax credit and giving additional tax breaks to certain homeowners trading up. Passed overwhelmingly by Congress, the bill would provide a $6,500 tax credit to homeowners who are buying a new primary residence beginning Dec. 1. The language mandates that to get the credit the homeowner must have owned their home for five consecutive years of the previous eight. But there are caps on the tax credits. They only apply to individual buyers who make no more than $125,000 and $250,000 for couples. There is also an anti-flipping provision: Any homeowner who collects the credit and sells within three years must return the money. The FTHB was extended to cover consumers signing a contract by April 30 and closing by June 30. Meanwhile, the Department of Labor reported Friday that the nation's unemployment rate rose above 10% for the first time since 1983 in October, a much worse jump than expected. The increase in joblessness will lead to an upswing in residential mortgage delinquencies. In October the unemployment rate spiked to 10.2%, compared to 9.8% in September. Economists had forecast an increase to 9.9%.

Amazing water levels on Lake Hartwell!

Did you know that as of today, Lake Hartwell's water level is only 2.97 ft below full pool!!!!!!!!!! Wow, what a change from last year! We've had huge amounts of rain and the lake looks absolutely beautiful!

Water's UP on Lake Hartwell!!!!

After torrential rains Lake Hartwell is only 4 feet below the full pool level of 660'. This is sooooo.... much better than last year! Most docks are floating and boating's a pleasure. Check my website for bridge clearances though....http://www.Hartwell-Keowee.com If you have a T-Top or large houseboat or cruiser you may not be able to get under some of the lower bridges, but hey.....this is a HUGE lake and there are plenty of places to go! Happy Boating!

Have Lake Hartwell all to yourself!

Now that school has started Lake Hartwell seems empty! Yay! For those of us who live on the lake year round we love to have the sandy beaches & quiet coves all to ourselves. Don't get me wrong, I want as many people to enjoy our lake as possible but I love the quiet and serenity that fall & winter bring to the lake. Now is a great time to take a tour of Lake Hartwell. Contact Captain Gary W. Smith to set your tour up! Visit his website: http://www.LakeHartwellBoatTours.com and Visit his Blog: http://LakeHartwellBoatTours.blogspot.com for an entertaining read about boating tails, experiences & instruction.

FHA Appraisal Requriements

Below is a list of the FHA appraisal requirements. I hope you find this helpful for your home buyers obtaining an FHA mortgage. This does not include everything, but does include what seems to be the most common problems. I hope that this may help to reduce the number of re-inspections thereby reducing overall fees to the customer.

1. Roof: Must have a minimum of 2 years remaining life. If the roof looks okay, the appraiser will assume it's serviceable and okay. However, if there are torn shingles or any obvious problems, i.e. apparent leaks, etc., the appraiser will call for an inspection.

2. Electrical: Exposed/naked wires are an obvious hazard and must be properly covered. Covered means switch plate covers, outlet covers, no naked wires hanging out of walls, electrical wire caps for splices must be contained in a junction box, etc.

3. No obvious signs of rotten wood, no obvious signs of wood-boring insects or other infestation, all exterior wood must have an all-weather covering (paint, siding, etc.).

4. Crawlspace: No standing water or excessive moisture, no debris since this invites infestation. Recommended minimum height of crawlspace is 18 inches.

5. All utilities must be on.

6. Plumbing: All fixtures should be present and functional. No leaks should be observed. Must have Hot Water.

7. HVAC must be functional.

8. Cooking source is required, i.e. Stove.

9. Windows must open. (On older houses, windows often get painted shut)

10. Carpets/Flooring/Walls should be in average condition overall with no major repairs needed.

Mortgage Rates! Great!

Rate Sheet
Raymond Duncan @ Bank of America Home Loans4122 Clemson Blvd. Anderson SC 29621
Rates below are closest to 1 point, and other point options are available. Rates can vary depending on down payment amounts and credit scores.
FHA Mortgages up to 96.5% Financing (No minimum credit score required)
15 year fixed 4.375% 0.5 point
30 year fixed 4.8755% 0.75 points
3/1 ARM 3.750% 0.875 points
VA Mortgages up to 100% Financing ( No minimum credit score required)
15 year fixed 4.375% 0.75 points
30 year fixed 4.875% 1.0 point
Conventional Mortgages up to 95% Financing
15 year fixed 4.25% 0.625 points
30 year fixed 4.875% 0.75 point
3/1 3.875% 0.75 point
*****Rates quoted above are based on a $150,000.00 purchase price and credit score of 720*********Private Mortgage insurance may apply***********Escrowing of taxes and insurance is required if LTV is over 80%******
Jumbo Mortgages up to 80% financing
15 year fixed 5.25% 0.625 points
30 year fixed 5.375% 1.0 points
*****Rates quoted above are based on $695,000.00 purchase price and credit score of 720**********Rates quoted with escrows of taxes and insurance*****
Jumbo Loans up to $3,000,000.00
15 year fixed 5.375% 0.375 points
30 year fixed 5.625% 0.875 point
Used purchase price of 4,275,000.00 with loan amount of $2,992,500.00 and 720 credit score…
Products, rates, and terms are subject to change without notice. Bank of America Home Loans is an equal housing lender.

Ahhhhhh......Lake Hartwell

Imagine relaxing on a boat anchored in a quiet cove.....The boat is rocking gently with the wakes from the boats passing by.....The sun is getting ready to set......You're anticipating the succulent steak cooking on the grill as you dive in the lake for a quick swim. These are reasons that I think I'm the luckiest person alive! This scenario can take place several times a week if you live on Lake Hartwell and I'm lucky enough to say I do!

Happy Weekend!

Hello All! The weekend is here and it's time to RELAX! I will be going for a boat ride on Lake Hartwell & definitely for a swim! The lake level is a perfect 3.5 feet below full pool....Perfect for bridge clearance for our boats. Make sure you keep up with the Captain's Blog: http://LakeHartwellBoatTours.blogspot.com & also visit The Captain's Website: http://LakeHartwellBoatTours.com NOW is the perfect time to BUY Lakefront property on Lake Hartwell, Keowee and/or Secession. There are a lot of Lake Homes to choose from in all prices ranges & prices have come down. Visit: http://Hartwell-Keowee.com for all of your Lakefront real estate needs as well as lots of area information!

Lake Hartwell Boat Tours

Hello Everyone! I just wanted to make sure everyone knew that the domain name was changed yesterday for the Lake Hartwell Boat Tour Business. It is now: http://LakeHartwellBoatTours.com
The Captain's Blog associated with this site is: http://LakeHartwellBoatTours.blogspot.com
Captain Gary had a great tour yesterday with a family from Clemson. "Bird Island" on the Seneca River was a huge hit! Have a great day & remember to visit Captain Gary on the web or give him a call Toll Free: 866.303.8181 to set up your Lake Hartwell Boat Tour!

New Blog: Captain's Blog

Hi Everyone! Check out this great new BLOG! http://lakehartwellboattours.blogspot.com/

Current Rates as of 7/8/2009. Yes....Banks are still lending money!

105.00%: Refinance with NO PMI. Rate/Term on the first mortgage only-Must be Fannie Mae or Freddie Mac currently invested loan-Clients who are not currently paying PMI-No Seasoning- Conforming Loans, and Super Conforming MSAs-2nd mortgage to be subordinated-0x30 late payment in last 12 months. No minimum credit score if payment isn’t increasing over 20%. Debt to income is unlimited if payment isn’t increasing over 20%. This program is designed for almost all current house payments to be decreased. Restrictions apply, so please call 1.800.987.9605 for assistance.

100.00%: VA Loan, no PMI. Max loan amount $417,000.00.
Purchase and Refinance VA to VA loans. Seller may pay up to 4% of
closing costs.

97.75%: FHA Refinance: Rate/Term

96.50%: FHA Purchase Loans, see notes below. Max loan amts.
per county. Seller may pay up to 6% closing costs.

95%: 30yr, 20, and 15 year fixed rate notes.

90%: VA cash out refinance.

85%: Equity Lines on a primary residence…FHA Cash out.

80%: Investment loans.

We now offer financing for up to 4 homes with loan amounts not to exceed $3,000,000.00 per home. These are only a few tips that may help in this tough real estate market that we are seeing.
Raymond Duncan: Cell 1.800.987.9605 or raymond.duncan@bankofamerica.com

Product and programs are subject to change without notice… Equal housing lender…

New Service: BOAT TOURS!

I am very pleased to announce that my husband, USCG Master Captain Gary Smith, has started his new business offering instructional and/ or scenic BOAT TOURS on Lake Hartwell. The instructional Tour will include things like: Hands on boating, learning how to read the lake map & understanding buoys, etc, Docking and so on. The scenic tour will include tours of: Tugaloo River (T-60 Grill, Harbor Light Marina, broken Bridges, Jolin's Fish House (if open) & other attractions; Seneca River (Isaqueena Dam, Clemson University, Keowee River Flats, Bird Island Blue Heron Rookery & so on). You may want to sign up for all of the different tours so you can experience ALL Lake Hartwell has to offer!

Mortgage Rates for Today!

Jeff Ingram

Mid-Atlantic Mortgage
Phone: (678) 680-4222
Fax: (770) 921-9959
jeff@JeffsMortgages.com









Choosing a Fixed Rate Loan

Fixed rate loans generally come with one of two options; the 30-Year Fixed and the 15-Year Fixed. If a borrower is planning on being in the same home for a long period of time, a 30-Year Fixed may be more attractive because it offers stability. The monthly payment will remain consistent over the life of the loan. If interest rates are at historic lows at the time the borrower is seeking to obtain financing, this is a good program to consider.

A 15-Year Fixed loan program offers the same stability, but the accelerated amortization schedule makes the monthly payment substantially higher. While the interest rate may be lower on this type of loan, the borrower must be willing to commit to a higher monthly payment. If the borrower wishes to retire in 15 years and be debt-free at that time, this loan program may be more suitable to the borrower's long-term needs.

It is also possible to make pre-payments on a 30-Year loan and reduce the life of the loan, as well as the overall interest payment, without committing to the higher monthly payment of a 15-Year program. As long as there is no pre-payment penalty associated with the 30-Year mortgage, pre-payment offers the borrower the latitude to make additional payments when it is affordable. If cash flow becomes difficult, this arrangement will not put the borrower in a compromising position.

Mortgage Interest Rates*

Rates as of Wednesday, 6th May, 2009:


Conforming
APR
Payment per
$1,000
Jumbo
APR
Payment per
$1,000

FHA
4.625%
5.10%
$5.14
%
0.000%
$0.00

USDA
5.625%
5.875%
$5.76
%
0.000%
$0.00

VA
5.5%
5.79%
$5.68
%
0.000%
$0.00

Conventional
4.75%
5.18%
$5.22
%
%
$0.00





*Rates are subject to change due to market fluctuations and borrower's eligibility.

Beautiful 80 degree Weather's Here on Lake Hartwell!

LOOK!!!!!! I have TWO Terrific New Listings on Lake Hartwell: http://www.postlets.com/res/2080661 & http://www.postlets.com/res/2106198
Call Toll Free Today (877.314.1058) for your showing of this terrific Lake Hartwell Home or to see any available Lake Property. REMEMBER.....EXPERIENCE COUNTS! DON'T SETTLE FOR 2ND BEST! We'll show you property by boat when you narrow your search to 2-3 properties!
HAVE A WONDERFUL WEEKEND!!!

Hartwell Lake Level Continues to RISE!!!!!

As of Today April 20,2009 Lake Hartwell's water level has risen to only 5.32 feet below full pool. That just amazes me because the level had dropped to historic lows of 23 feet below full pool in December 2008. I've lived on lake Hartwell since 1996 and have always had the faith that the lake levels would always come back....and they have.
People will just have to find a new topic of conversation now that Lake Hartwell's almost back to normal I guess......I'm just ecstatic that Spring's here, dogwoods & azaleas are in bloom and swimming weather is almost back again!

April Showers for sure!!!!!

Hey Everyone! I am so excited to tell you that Lake Hartwell's water level today is: 653.96! Yay!!! We are now only 6.04 feet below full pool! The lake looks absolutely beautiful and right now is a great time to get out on the lake and see all of the dogwoods, azaleas & Mountain Laurel blooming around Lake Hartwell's banks. Also, a word to the not so wise......anytime anyone hears something about Lake Hartwell that they may think is NOT true, please tell the "Story Teller" to call the US Army Corps of Engineers to verify this info. Many people LOVE to spread Bad Rumors around about Lake Hartwell and it really gets me going. Enjoy this early part of the Lake Hartwell Boating Season...I plan to :-)

Jumbo Loan...Now's the time to Refinance

This past week, Bank of America Chairman and CEO Ken Lewis and Mortgage, Home Equity and Insurance Services Executive Barbara Desoer participated in several media interviews presenting messages about the strength of our mortgage franchise and our determination to profitably and responsibly grow our business. I am pleased to share an example of these communications efforts.

On March 13, Bloomberg News ran an article headlined, “Bank of America’s Desoer Says ‘Thank Goodness’ for Countrywide.” Barbara was quoted as follows:

“Volume is good, application quality is holding up and the acquisition of Countrywide is really paying off for us with the additional capacity. Thank goodness we have it.”

Other highlights in the article included:
Extremely competitive jumbo mortgage rates and our desire to increase jumbo loan volume
Our commitment to improve the customer experience
Opportunities for loan production with Merrill Lynch affluent customers

The full Bloomberg News article is available at the following link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aDe2IcgvIIQI

Ø Please take time to review this article. It offers a powerful message about Bank of America’s strength, stability and commitment to the mortgage marketplace.


Bank of America: Proprietary

Rates are lowest ever....even Jumbo Loans!

Now is the BIG window of opportunity to buy a watefront property! Don't miss out....the deals are incredible! Start Making Memories today!