Delaware Mortgage Loans

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 […]

WHY A DELAWARE VA LOAN?
The more you know about our Delaware home loan program for Veterans, the more you will realize how little “red tape” there really is in getting a Delaware VA loan. These loans are often made without any down payment at all. Aside from the veteran’s certificate of eligibility and the fact […]

If you are looking for a 100% financing in one loan, then nothing beats a Veterans administration loan, commonly referred to as a VA loan.  The VA loan doesn’t have monthly PMI added on to the payment, which makes it usually the cheapest loan for overall payment.
The first step for applying for a Delaware VA […]

Yesterday Mortgage Bonds dipped below the 200 day moving average causing Delaware Home Loan Rates to raise higher again to end the day yesterday. 
Today, Mortgage Bonds are trading just below the 200-day Moving Average.
Presently, I feel it is prudent to Float, as I wait and see if the Bond can muster some strength and move above this level. […]

Delaware First Time Home Buyers are going to have a tougher time qualifying for loans after October 20th, 2007.  Fannie Mae is making changes to what it will accept for approval on all 100% financing options that are backed by Fannie Mae.
What are the changes?  Fannie Mae is no longer going to accept EA-II or […]

Your update for Delaware Mortgage Loans as we finish the week, we see Delaware Mortgage rates repricing for the worse today.  Yesterday, I had anticipated a bounce off of technical support at the 200-Day Moving Average and a weaker than expected Retail Sales report this morning. This scenario played out exactly as predicted and it did cause Bond […]

Delaware Mortgage Rates are higher today because of the activity in the Mortgage Bond Market.  Mortgage Bonds are under selling pressure so far today and are having a rough week overall after being pushed lower from resistance.
Sometimes things have to get a little worse before they can get better…and that’s what I expect to see from Mortgage Bonds […]

I am going to outline 10 Reasons to carry a big, long mortgage.  If you are a Delaware Home Owner or are a Delaware First TIme Home Buyer, he is what you need to know about your mortgage as part of wealth creation.
1) Your Delaware Mortgage Loan Doesn’t Effect Your Homes Value.
2) You going to build […]

If you are a First Time Home Buyer than you need to know the value of having your own checking account.  It looks best if you have a checking account in your name.
I sometimes get clients applying for a Delaware Mortgage that don’t have a checking account.  I counsel them right away to open a […]