1. The Administration announced adjustments to FHA programs to allow lenders to provide refinancing options to underwater homeowners through an FHA refinance loan.
2. The new FHA loan amount must be less than the current home value, and total mortgage debt cannot exceed 115% of the home value. It also requires lenders to reduce the original loan amount by at least 10%.
3. This refinancing option is meant to help homeowners by lowering monthly payments and reducing mortgage debt for those who owe significantly more than their homes are worth.
The national economy is recovering but growth will remain weak. While the recession is over, unemployment will stay high for some time. Consumers remain cautious with high debt and weak confidence. The housing market is still declining with foreclosures and underwater mortgages remaining problems. The Arizona economy is also recovering slowly without strong population growth. Job growth has been flat and housing permits are still far below peak levels.
Money And Trade Considered by John Law
Money and Trade Considered
With a Proposal for Supplying the Nation with Money
by John Law
1705
Money and Trade Considered with a Proposal for Supplying the Nation
with Money.
Edinburgh.
Printed by the Heirs and Successors of Andrew Anderson, Printer to the
Queens most Excellent Majesty,
Anno DOM. 1705.
Presentation shared by author at the 2015 EDEN Open Classroom Conference "Open Discovery Space: Transforming schools into innovative learning organisations" held on 18-21 September 2015, in Athens, Greece.
Find out more on #OCCAthens here: http://www.eden-online.org/eden-events/open-classroom-conferences/athens2015.html
Dean Wegner leads Team Dean, a five-person mortgage origination team within Lion's Gate Mortgage. Team Dean specializes in customized residential loans and has experienced significant growth, originating over $61 million in loans in 2005. Wegner has become a top producer in Phoenix through extensive self-education, spending over $40,000 per year on training. He is a sought-after speaker who shares his expertise in lead generation and client loyalty with real estate professionals nationwide.
1. The document contains photos and descriptions of various locations around the world including natural phenomena, buildings, and landscapes.
2. Some examples include photos of a lighthouse in France, trees in Poland, favelas in Brazil, and a single resident who is both the mayor and janitor of Buford, USA.
3. Additional photos show unusual geological formations, bridges, airports and cities in countries such as China, Denmark, Dubai, Germany, and Australia.
Presentation shared by authors at the 2015 EDEN Open Classroom Conference "Open Discovery Space: Transforming schools into innovative learning organisations" held on 18-21 September 2015, in Athens, Greece.
Find out more on #OCCAthens here: http://www.eden-online.org/eden-events/open-classroom-conferences/athens2015.html
This document summarizes challenges facing potential homebuyers today, including low inventory, rising home prices and interest rates, wage stagnation, and difficulties saving for a down payment. It notes that inventory remains low while average days on market are increasing. Home prices continue rising faster than wages in many areas, and interest rates are forecast to continue climbing in 2019. Saving for a down payment is challenging due to high rents and student loan debt. Overall, affordability hurdles may discourage some renters from becoming homeowners.
1. The Administration announced adjustments to FHA programs to allow lenders to provide refinancing options to underwater homeowners through an FHA refinance loan.
2. The new FHA loan amount must be less than the current home value, and total mortgage debt cannot exceed 115% of the home value. It also requires lenders to reduce the original loan amount by at least 10%.
3. This refinancing option is meant to help homeowners by lowering monthly payments and reducing mortgage debt for those who owe significantly more than their homes are worth.
The national economy is recovering but growth will remain weak. While the recession is over, unemployment will stay high for some time. Consumers remain cautious with high debt and weak confidence. The housing market is still declining with foreclosures and underwater mortgages remaining problems. The Arizona economy is also recovering slowly without strong population growth. Job growth has been flat and housing permits are still far below peak levels.
Money And Trade Considered by John Law
Money and Trade Considered
With a Proposal for Supplying the Nation with Money
by John Law
1705
Money and Trade Considered with a Proposal for Supplying the Nation
with Money.
Edinburgh.
Printed by the Heirs and Successors of Andrew Anderson, Printer to the
Queens most Excellent Majesty,
Anno DOM. 1705.
Presentation shared by author at the 2015 EDEN Open Classroom Conference "Open Discovery Space: Transforming schools into innovative learning organisations" held on 18-21 September 2015, in Athens, Greece.
Find out more on #OCCAthens here: http://www.eden-online.org/eden-events/open-classroom-conferences/athens2015.html
Dean Wegner leads Team Dean, a five-person mortgage origination team within Lion's Gate Mortgage. Team Dean specializes in customized residential loans and has experienced significant growth, originating over $61 million in loans in 2005. Wegner has become a top producer in Phoenix through extensive self-education, spending over $40,000 per year on training. He is a sought-after speaker who shares his expertise in lead generation and client loyalty with real estate professionals nationwide.
1. The document contains photos and descriptions of various locations around the world including natural phenomena, buildings, and landscapes.
2. Some examples include photos of a lighthouse in France, trees in Poland, favelas in Brazil, and a single resident who is both the mayor and janitor of Buford, USA.
3. Additional photos show unusual geological formations, bridges, airports and cities in countries such as China, Denmark, Dubai, Germany, and Australia.
Presentation shared by authors at the 2015 EDEN Open Classroom Conference "Open Discovery Space: Transforming schools into innovative learning organisations" held on 18-21 September 2015, in Athens, Greece.
Find out more on #OCCAthens here: http://www.eden-online.org/eden-events/open-classroom-conferences/athens2015.html
This document summarizes challenges facing potential homebuyers today, including low inventory, rising home prices and interest rates, wage stagnation, and difficulties saving for a down payment. It notes that inventory remains low while average days on market are increasing. Home prices continue rising faster than wages in many areas, and interest rates are forecast to continue climbing in 2019. Saving for a down payment is challenging due to high rents and student loan debt. Overall, affordability hurdles may discourage some renters from becoming homeowners.
The document provides examples of how the VA guaranty is calculated for home loans based on a veteran's available entitlement, the loan amount, and county loan limits. It shows that the VA guaranty is typically 25% of the loan, but may be less depending on entitlement used and loan size relative to county limits. It also shows when a down payment may be required to meet investor requirements if the VA guaranty would be less than 25%.
Guardian Mortgage is offering a new construction home loan program that provides a 1% lender credit on the loan amount. This credit can be used to pay closing costs, buy down the interest rate, or a combination of both. The program is available for conforming, FHA, VA, and USDA loans for buyers within 90 days of their new home being completed. Borrowers should contact their Guardian Mortgage lender to see if they qualify for this program.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
You’re thinking of buying a home? Congratulations -- it’s an exciting
process. And it can be a lot of fun. You get to envision the type
of lifestyle you want for yourself (and your family). Do you want
a beautiful two-story home close to your work? Do you want a
modern, stylish condo in the heart of downtown? Are you yearning
to live near the beach, the mountains, restaurants, good schools,
museums, or family?
One of the greatest things about purchasing your own home is
that you get to make it yours. Even before you move in, you’re in
charge of making the decisions about which home you will buy.
It’s a powerful feeling -- having total control. But it can also be a bit
overwhelming, especially when you’re doing it for the first time.
That’s why we wrote this guide. We want to make purchasing a home
less scary and give you the confidence to move forward through
each step of the process -- from beginning to end, when you move into your new home!
You’re thinking of buying a home? Congratulations -- it’s an exciting
process. And it can be a lot of fun. You get to envision the type
of lifestyle you want for yourself (and your family). Do you want
a beautiful two-story home close to your work? Do you want a
modern, stylish condo in the heart of downtown? Are you yearning
to live near the beach, the mountains, restaurants, good schools,
museums, or family?
One of the greatest things about purchasing your own home is
that you get to make it yours. Even before you move in, you’re in
charge of making the decisions about which home you will buy.
It’s a powerful feeling -- having total control. But it can also be a bit
overwhelming, especially when you’re doing it for the first time.
That’s why we wrote this guide. We want to make purchasing a home
less scary and give you the confidence to move forward through
each step of the process -- from beginning to end, when you move into your new home!
Loan-Level Price Adjustment (LLPA) Matrix
This document provides the LLPAs applicable to loans delivered to Fannie. LLPAs are assessed based upon certain eligibility or other loan features, such as credit score, loan purpose, occupancy, number of units, product type, etc. Special feature codes (SFCs) that are required when delivering loans with these features are listed next to the applicable LLPAs. Not all loans will be eligible for the features described in this Matrix and unless otherwise noted, FHA, VA, Rural Development (RD) Section 502 Mortgages, HUD Section 184 Mortgages, and matured balloon mortgages (refinanced or modified, per Servicing Guide requirements) redelivered as fixed-rate mortgages (FRMs) are excluded from these LLPAs. This Matrix is incorporated by reference into the Selling Guide, and the related Selling Guide provision or Selling Guide announcement governs if there is an inconsistency. Refer to the Selling Guide, Eligibility Matrix, and your contracts with Fannie Mae to determine loan eligibility.
As a member of the National Guard
or Reserve you may qualify for
a wide range of benefits offered
by the Department of Veterans
Affairs (VA). VA is here to help
you and your family understand
the benefits for which you may
be eligible and how to apply for
them. VA benefits include disability
compensation, pension, home loan
guaranty, education, health care,
insurance, vocational rehabilitation
and employment, and burial.
This document provides an overview of FHA appraisal requirements and guidance as outlined in FHA's Single Family Housing Policy Handbook 4000.1 and the FHA Appraisal Report and Data Delivery Guide. It discusses topics such as appraiser competency and independence, legal property requirements, neighborhood and market analysis, site analysis including hazards and utilities, and reporting atypical property features such as accessory units. The presentation aims to help appraisers properly understand and apply FHA appraisal policies and standards.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. Any loan programs or rates mentioned are intended for illustrative purposes only and require underwriting approval.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. The document also notes that any loan programs or terms mentioned are for illustrative purposes only and require underwriting approval.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. Any loan programs or rates mentioned are intended for illustrative purposes only and require underwriting approval.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. The document also notes that any loan programs or terms mentioned are for illustrative purposes only and require underwriting approval.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. The document also notes that any loan programs or terms mentioned are for illustrative purposes only and require underwriting approval.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. The document also notes that any loan programs or terms mentioned are for illustrative purposes only and require underwriting approval.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. The document also notes that any loan programs or terms mentioned are for illustrative purposes only and require underwriting approval.
Here’s a few of the Pathway to Purchase program highlights:
1. The DPA will be 10% of the purchase price, up to a maximum of $20,000.
2. The Program is limited to the following 17 Cities:
a. Arizona City, Avondale, Buckeye, Casa Grande, Coolidge, Douglas, El Mirage, Fort Mohave, Goodyear, Huachuca City, Laveen, Maricopa, Red Rock, Sierra Vista, Snowflake, Tucson, Yuma.
3. The Pathway to Purchase program will carry a five-year, no interest, no payment forgivable second mortgage.
4. Program funding is provided by the U.S. Department of Treasury’s Hardest-Hit Fund with a $48 million allocation through the AZ Home Foreclosure Prevention Funding Corp.
5. The available underlying mortgage type is the Fannie Mae HFA Preferred at a max LTV / CLTV - 95%/105%.
6. Many of the current HOME Plus DPA program guidelines will be the same.
The document provides the 2016 home and away game schedules for the Arizona Diamondbacks baseball team. It lists the dates, opponents, and start times for each game from April through September/October. No sponsorship or affiliation is claimed between the schedule and any teams or leagues depicted.
A 3 hour real estate general class will be held on February 18, 2016 from 11 AM to 4 PM at 15333 N Pima Rd #210, Scottsdale, AZ 85260. The class costs $10 and RSVPs are requested. The class will cover how to accurately value a home using a CMA similarly to an appraisal. The instructor is Phil Cook, a designated broker with Neighborhood Experts. Contact information is provided for Jarrod Williams to RSVP and Phil Cook. Dean Wegner's contact information is also listed as a mortgage originator.
This document compares the key features of 4 mortgage products that offer 97% financing: Fannie Mae HomeReady, Fannie Mae Standard 97, Fannie Mae MyCommunity, and Freddie Mac HomePossible Advantage. The summary highlights that the products differ in terms of income limits, borrower ownership and contribution requirements, underwriting options, and some eligibility factors like first-time homebuyer status. Overall the comparison chart outlines the main qualifying guidelines and requirements for each high LTV financing option.
More Related Content
More from Dean Wegner of Guardian Mortgage, Arizona 602-432-6388
The document provides examples of how the VA guaranty is calculated for home loans based on a veteran's available entitlement, the loan amount, and county loan limits. It shows that the VA guaranty is typically 25% of the loan, but may be less depending on entitlement used and loan size relative to county limits. It also shows when a down payment may be required to meet investor requirements if the VA guaranty would be less than 25%.
Guardian Mortgage is offering a new construction home loan program that provides a 1% lender credit on the loan amount. This credit can be used to pay closing costs, buy down the interest rate, or a combination of both. The program is available for conforming, FHA, VA, and USDA loans for buyers within 90 days of their new home being completed. Borrowers should contact their Guardian Mortgage lender to see if they qualify for this program.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
You’re thinking of buying a home? Congratulations -- it’s an exciting
process. And it can be a lot of fun. You get to envision the type
of lifestyle you want for yourself (and your family). Do you want
a beautiful two-story home close to your work? Do you want a
modern, stylish condo in the heart of downtown? Are you yearning
to live near the beach, the mountains, restaurants, good schools,
museums, or family?
One of the greatest things about purchasing your own home is
that you get to make it yours. Even before you move in, you’re in
charge of making the decisions about which home you will buy.
It’s a powerful feeling -- having total control. But it can also be a bit
overwhelming, especially when you’re doing it for the first time.
That’s why we wrote this guide. We want to make purchasing a home
less scary and give you the confidence to move forward through
each step of the process -- from beginning to end, when you move into your new home!
You’re thinking of buying a home? Congratulations -- it’s an exciting
process. And it can be a lot of fun. You get to envision the type
of lifestyle you want for yourself (and your family). Do you want
a beautiful two-story home close to your work? Do you want a
modern, stylish condo in the heart of downtown? Are you yearning
to live near the beach, the mountains, restaurants, good schools,
museums, or family?
One of the greatest things about purchasing your own home is
that you get to make it yours. Even before you move in, you’re in
charge of making the decisions about which home you will buy.
It’s a powerful feeling -- having total control. But it can also be a bit
overwhelming, especially when you’re doing it for the first time.
That’s why we wrote this guide. We want to make purchasing a home
less scary and give you the confidence to move forward through
each step of the process -- from beginning to end, when you move into your new home!
Loan-Level Price Adjustment (LLPA) Matrix
This document provides the LLPAs applicable to loans delivered to Fannie. LLPAs are assessed based upon certain eligibility or other loan features, such as credit score, loan purpose, occupancy, number of units, product type, etc. Special feature codes (SFCs) that are required when delivering loans with these features are listed next to the applicable LLPAs. Not all loans will be eligible for the features described in this Matrix and unless otherwise noted, FHA, VA, Rural Development (RD) Section 502 Mortgages, HUD Section 184 Mortgages, and matured balloon mortgages (refinanced or modified, per Servicing Guide requirements) redelivered as fixed-rate mortgages (FRMs) are excluded from these LLPAs. This Matrix is incorporated by reference into the Selling Guide, and the related Selling Guide provision or Selling Guide announcement governs if there is an inconsistency. Refer to the Selling Guide, Eligibility Matrix, and your contracts with Fannie Mae to determine loan eligibility.
As a member of the National Guard
or Reserve you may qualify for
a wide range of benefits offered
by the Department of Veterans
Affairs (VA). VA is here to help
you and your family understand
the benefits for which you may
be eligible and how to apply for
them. VA benefits include disability
compensation, pension, home loan
guaranty, education, health care,
insurance, vocational rehabilitation
and employment, and burial.
This document provides an overview of FHA appraisal requirements and guidance as outlined in FHA's Single Family Housing Policy Handbook 4000.1 and the FHA Appraisal Report and Data Delivery Guide. It discusses topics such as appraiser competency and independence, legal property requirements, neighborhood and market analysis, site analysis including hazards and utilities, and reporting atypical property features such as accessory units. The presentation aims to help appraisers properly understand and apply FHA appraisal policies and standards.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. Any loan programs or rates mentioned are intended for illustrative purposes only and require underwriting approval.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. The document also notes that any loan programs or terms mentioned are for illustrative purposes only and require underwriting approval.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. Any loan programs or rates mentioned are intended for illustrative purposes only and require underwriting approval.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. The document also notes that any loan programs or terms mentioned are for illustrative purposes only and require underwriting approval.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. The document also notes that any loan programs or terms mentioned are for illustrative purposes only and require underwriting approval.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. The document also notes that any loan programs or terms mentioned are for illustrative purposes only and require underwriting approval.
This document provides contact information for Dean Wegner, a Branch Sales Manager at HomeStreet Home Loans in Scottsdale, Arizona. It lists his name, email, company website, address, phone numbers, and NMLS identification number. The document also notes that any loan programs or terms mentioned are for illustrative purposes only and require underwriting approval.
Here’s a few of the Pathway to Purchase program highlights:
1. The DPA will be 10% of the purchase price, up to a maximum of $20,000.
2. The Program is limited to the following 17 Cities:
a. Arizona City, Avondale, Buckeye, Casa Grande, Coolidge, Douglas, El Mirage, Fort Mohave, Goodyear, Huachuca City, Laveen, Maricopa, Red Rock, Sierra Vista, Snowflake, Tucson, Yuma.
3. The Pathway to Purchase program will carry a five-year, no interest, no payment forgivable second mortgage.
4. Program funding is provided by the U.S. Department of Treasury’s Hardest-Hit Fund with a $48 million allocation through the AZ Home Foreclosure Prevention Funding Corp.
5. The available underlying mortgage type is the Fannie Mae HFA Preferred at a max LTV / CLTV - 95%/105%.
6. Many of the current HOME Plus DPA program guidelines will be the same.
The document provides the 2016 home and away game schedules for the Arizona Diamondbacks baseball team. It lists the dates, opponents, and start times for each game from April through September/October. No sponsorship or affiliation is claimed between the schedule and any teams or leagues depicted.
A 3 hour real estate general class will be held on February 18, 2016 from 11 AM to 4 PM at 15333 N Pima Rd #210, Scottsdale, AZ 85260. The class costs $10 and RSVPs are requested. The class will cover how to accurately value a home using a CMA similarly to an appraisal. The instructor is Phil Cook, a designated broker with Neighborhood Experts. Contact information is provided for Jarrod Williams to RSVP and Phil Cook. Dean Wegner's contact information is also listed as a mortgage originator.
This document compares the key features of 4 mortgage products that offer 97% financing: Fannie Mae HomeReady, Fannie Mae Standard 97, Fannie Mae MyCommunity, and Freddie Mac HomePossible Advantage. The summary highlights that the products differ in terms of income limits, borrower ownership and contribution requirements, underwriting options, and some eligibility factors like first-time homebuyer status. Overall the comparison chart outlines the main qualifying guidelines and requirements for each high LTV financing option.
More from Dean Wegner of Guardian Mortgage, Arizona 602-432-6388 (20)