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DNJ Mortgage

Mortgage loan specialists - serving North Carolina for over 20 years. Home financing for primary, investment, and vacation homes. Located in Raleigh NC - we provide the most competitive rates and closing costs.

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Mortgage loan specialists - serving North Carolina for over 20 years. Home financing for primary, investment, and vacation homes. Located in Raleigh NC - we provide the most competitive rates and closing costs.
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DNJ Mortgage | home-mortgage-raleigh.blogspot.com Reviews

https://home-mortgage-raleigh.blogspot.com

Mortgage loan specialists - serving North Carolina for over 20 years. Home financing for primary, investment, and vacation homes. Located in Raleigh NC - we provide the most competitive rates and closing costs.

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1

DNJ Mortgage: VA Loan eligibility and guidelines raleigh nc – dnj mortgage

http://home-mortgage-raleigh.blogspot.com/2009/09/va-loan-eligibility-and-guidelines.html

Wednesday, September 9, 2009. VA Loan eligibility and guidelines raleigh nc – dnj mortgage. Today we'll be reviewing the eligibility requirements and guidelines for VA Loans in North Carolina. We're going to go through a very brief overview and history then roll into the specifics point by point so if you are eligible, you'll know your options. The NCSU library had a wonderful exhibit a few years back chronicling their influx of GI's onto campus and how the bill helped build a better NCSU. VA purchase lo...

2

DNJ Mortgage: how mortgage backed securities work – dnj mortgage

http://home-mortgage-raleigh.blogspot.com/2009/09/how-mortgage-backed-securities-work-dnj.html

Tuesday, September 8, 2009. How mortgage backed securities work – dnj mortgage. His post provides a more detailed look at the secondary market, so check it out if you want to read more. So now with a great graphic, let’s get going. Step 1-2: Let’s consider a fake bank for our example, Bank123, and let’s say it has been selling mortgages in the Raleigh area all quarter. Bank123 has amassed quite a few loans and is ready to package them up for re-sale. Why would they sell their mortgages? Raleigh, NC 27607.

3

DNJ Mortgage: what affects available interest rates

http://home-mortgage-raleigh.blogspot.com/2009/09/what-affects-available-interest-rates.html

Tuesday, September 1, 2009. What affects available interest rates. 1 Loan Amount –. The bad news, the size of the loan you have or that you’re looking to get, will affect your rate. The good news, you really only get hit for loans under $90k. ”Good you say? If we were under $90k, we’d be at 5.5% now. 2 FICO and LTV -. 3 Property Type -. Looking to take out a few thousand in cash at closing? This will definitely affect your rate. The cash-out pricing adjustments are also based on the LTV and FICO scor...

4

DNJ Mortgage: FHA mortgage basics - raleigh nc

http://home-mortgage-raleigh.blogspot.com/2009/09/fha-mortgage-basics-raleigh-nc.html

Wednesday, September 2, 2009. FHA mortgage basics - raleigh nc. Today I will provide you with a fun FHA fact filled post. I can’t cover everything in one post but I’ll get to the most important items. You can obtain an FHA loan for a single family residence up to a four-plex (where four families would be able to live) but to simplify things, we’ll stick with the single family unit guidelines for they’re the most common. Ready to explore a FHA purchase? 1 Required Down payment-. Good, we’re moving on.

5

DNJ Mortgage: how a no closting cost loan works – raleigh nc – dnj mortgage

http://home-mortgage-raleigh.blogspot.com/2009/09/how-no-closting-cost-loan-works-raleigh.html

Tuesday, September 15, 2009. How a no closting cost loan works – raleigh nc – dnj mortgage. 250,000 x 1.4%. 3500) So it’s going to take 1.4% of the loan amount to cover the closing costs. Now, wholesalers offer premiums to their brokers to sell their loans. (. This is semi-realistic example – I chose these numbers to make our example make sense). In our example, let’s say that the wholesaler is offering a .75%. Premium (known officially as the Yield Spread Premium. On a 30yr fixed rate loan at a 5% rate.

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Tuesday, September 22, 2009. Making an extra mortgage payment every month - dnj mortgage. For our example, we’re going to use a 30yr fixed rate mortgage at 5.5% and a loan amount of $200k - you’ll see these figures in the top row highlighted in yellow. To the right, in the same row, you’ll see the monthly payment for this mortgage in BLUE. This is your minimum required payment. Beside that, in GREEN. To get yourself oriented. If you look at the second line, in PURPLE. And the total interest paid (orange).

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