Mortgage
Financing

Mortgage Financing

Buying down with "Points" Vs. Zero Points on a Mortgage?

Here are a few sites you may wish to browse
 for information on mortgage financing:

  • Mortgage 101 is an award-winning mortgage resource with over 155 informative documents. Whether you are buying your first home or lowering your monthly payment, Mortgage 101 can help you find the answers to your mortgage questions.
     
  • www.MHFA.com The Massachusetts Housing Finance Agency is the state’s affordable housing bank.  They lend money at rates below the conventional market with flexible underwriting criteria to support home ownership opportunities for low to moderate income residents of Massachusetts.
     
  • LoanMax.com brings affordable mortgage financing to consumers in Massachusetts by keeping the mortgage process efficient and inexpensive.
     
  • The premier source of current mortgage information nationally can be seen at www.hsh.com.  They collect mortgage rates every week  from 2500 to 3000 lenders.  Highlighted in the May 1996 issue of  Consumer Reports, their site offers free information on rates, refinancing, financial calculators, and expert commentary.
     
  • FTM Mortgage Company is committed to delivering the highest quality of service to our customers, as well as our genuine desire to originate and purchase investment quality loans.  Their overhead is LOW and passes the savings on to you.
     
  • At http://www.housingfinance.com, real estate agents can obtain the latest information on financing sources for affordable housing developments.  Also, available from the site are program rules from  HUD, the IRS and other agencies, and information on private debt and equity sources and forms.
     
  • Home mortgage finance information and other details about home buying and selling may be accessed from the Federal National Mortgage Association and Federal Home Loan Mortgage Corp. at http://www.fanniemae.com and http://www.freddiemac.com respectively.
     
  • A weekly national mortgage report and other late breaking news from  the world of real estate is summarized at http://www.inman.com, the address of Inman News Features, a real estate news syndicate for Internet and print media publishers.

Ten Things Your Mortgage Lender Won’t Tell You...

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