Staying Informed about Home Loans | October 10, 2011

It seems like rules and programs are always changing in the home lending industry. That is why I like to be in close connection with my lenders. Today Evangeline Scott of Big Valley Mortgage speaks about the changes in the home lending industry.

Some key points from Evangeline’s Lender Update:

  • Bank of America is exiting out of the Corresponding Lending Division
  • Planning to use the HF Platinum Program? Check with your lender for availability
  • VA Loans will be having some ups and downs in cost over the next few months. Check with your lender
  • Interest rates continue to be low which makes it a great time to purchase a home

If you have any questions about any current loan programs or are interested in buying or selling a home, I would love the opportunity to help you. Give me a call 916-865-8759.

Your Granite Bay and Folsom Real Estate Agent,

Pam McCoy

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