Delaware Mortgage Loans

Quit Claim deed is a legal document that helps to transfer your share of interest in the property (house, land, mobile home, etc) to another individual. The person giving away the interest is the grantor while the one who accepts it is the grantee. While the interest is transferred, no warranty is made on the […]

Even though FHA made major change to their appraisal requirements, some Realtors, Sellers, and Buyers are still concerned about Loans that require an FHA Appraisal.  Most of these people still have concerns because they are not aware of the changes that occurred in January of this year, or they have not seen these change first […]

I am pleased to announce that Nehemiah was victorious in its litigation against HUD!
Judge Lawrence K. Karlton of the United States District Court for the Eastern District of California upheld Nehemiah’s motion for summary judgment. The Court Clerk’s Office is directed to enter judgment and close the case.
To be clear, the U.S. Department of Housing […]

There will be a Free Seminar on Understanding Credit & Credit Repair on March 8,2008 at Citizens Lending Group’s Office in Newark, DE from 10:00 AM till Noon.  The seminar will cover the current credit scoring model and go over in detail each of the 5 scoring categories along with how much each category is […]

There will be a Free First Time Home Buyer Seminar on Saturday March 22, 2008 at 10:00 AM.  The seminar will last about 2 hours and each participate will be able to recieve a free copy of their tri-merge credit report.  The seminar will cover all of the basics of buying a new home in Delaware.  […]

What is PMI (Private Mortgage Insurance)?
 
PMI is “foreclosure insurance” for the Lender and only benefits the Lender.  In the event you default on your loan, the insurance company will pay the Lender.  PMI is usually required on loans with less than a 20% down payment.  When you borrower more than 80% of the purchase price […]

“If you don’t like the weather, wait a minute”…That’s a saying heard often in places where the weather can turn on a dime, making it very difficult to forecast. And while the weather patterns can change direction quickly, the recent movement of stocks and bonds rivals the rides at an amusement park.
“Turbulent” and “volatile” best […]

If you want to refinance a home you already own in Delaware, there are mortgage programs that allow you to borrower up to 125 percent of the home’s value.  These loans are typically used to pay off other debt, such as credit cards and personal loans.  As you probably guessed, these types of mortgages are […]

There is still room left for the Free First Time Home Buyer Seminar on Saturday October 27th at 10:00 AM at Citizens Lending Group’s office in Newark, DE.  The seminar will cover the basics of buying a home in Delaware including First Time Home buyer programs, FHA Loans, VA Loans, and much more.
Please call 302-368-7132 […]

There will be a free seminar on the Morgage Market Meltdown on October 17th at 6:30 PM till 8:00 PM at Citizens Lending Groups’ Office in Newark, DE.  The seminar will cover exactly what happened to cause the current credit liquidity crisis in the lending markets as well as the mortgage market meltdown.  Participates will […]