As anticipated we are now seeing some of our lending entities temporarily lifting their guidelines for tax transcripts for borrowers who would be utilizing any type of Government Loan.  This is great new for all of us with loans in the pipeline! So what this means to Realtors, Mortgage Loan Originators and the Buyers is this:  Transcripts […]

Happy Friday!!  For some of those who prefer Big Banks to smaller local mortgage origination companies, it is fair to note some of the following info below.  Just a tidbit if you will on what really happens as a spin-off or a ripple affect.  Now certainly banks are great for some things.  For example all […]

Yes, the government is closed. It is always good to have video evidence.  (Kinda funny!  You have to click the link for the video). Here is the latest on how the shutdown is effecting  us.  Since many of the functions we use are electronic (ordering of case numbers, payment of MIP and/or Funding Fees, self-insuring of […]

A number of you have asked us the following question:  “Hey – what’s the whole government shut down thing and how might it affect our clients and getting them a mortgage? The government’s fiscal year runs from October 1 to September 30.  Every year – Congress has to pass the spending bills that fund the government.  […]

Mortgages can be a daunting task for anyone these days.  As Americans we are raised to believe that home ownership truly is the American Dream.  And we strive toward just that.  As something that most often provides us shelter first, it should also be a long term investment to appreciate in equity over the years.  So how could […]

A lot has certainly changed within the mortgage industry since 2008.  Guidelines have become more stringent and the mortgage industry is in a “recovery-mode” if you will.  Big Brother is definitely watching.  And that is ok with Green House Mortgage.  Things needed to change quickly for the better.  Although we have found that lending for residential purposes […]

Have you heard of the Home Affordable Refinance Program?  Otherwise known as HARP 2.0?  Anyone reading this is probably scoffing, muttering to themselves, “Of course!  Who hasn’t?”  As silly as this question is and as prevalent as this new refinance program is, it was necessary to ask.  The new or should we say, established HARP […]

Ever wonder what it takes to get approved for any type of home loan these days?  More than you might expect besides just good credit and income.  So pull up a chair…. In an ever changing mortgage industry and within the home loan approval process there are quite a few steps that take place.  Frankly, there is a […]

There is a lot of buzz on the street about reverse mortgages.  Whether to use or not to use is the question.  Regardless of your stance on this program.  We at Green House Mortgage love to educated those who have or will be making one of the largest financial descisions of their lifetime as a […]

This is something that I read that was written by someone else and quite possibly you may have already read it somewhere.  It doesn’t necessarily have anything to do with the mortgage industry and I believe some things are worth getting out there.  Regardless of our walk in life, we can sometimes miss great things because […]