The Real Estate Connection

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Services for Real Estate Pros - Eric J - Dream Home Financing
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RECENT BLOG POSTS
If you are looking for a great deal on Hoboken condos for sale in a completely remodeled building, then your search may end here. There are 5 units remaining for sale in this 7 unit building in Hoboken. 4 of the remaining units have 1 bedroom and the 5th unit has three bedrooms. Prices start as l...
07/15/2010
This past weekend, my nieces were very excited about the hot weather in New Jersey. We were all at the beach and her four daughters were cheering for the thermometer to reach 100. I thought they were nuts (well they might be) and asked my sister why 100 degrees was such a big deal. She explained ...
07/07/2010
Bank of America recently announced that it will discontinue various mortgage programs after today. What you will NOT find at Bank Of America anymore are the following programs...   Conforming 40 yr 30 yr Fixed Rate Interest Only 15 yr IO, 6-month ARM 1 year ARM Flex 97 Interest Only 15 yr Fixed R...
05/14/2010
The Senate just voted to ban mortgage broker YSP (yield spread premiums) and stated income loans. Once again, we have another case of politicians activating their knee jerk reactions in areas where they lack expertise.  The argument about broker YSP is not a new one. It has been proven over and o...
05/13/2010
Super Jumbo Stated Income Mortgage Loan Programs may be available to you depending upon your scenario. I am now working with a lender who will originate Super Jumbo Stated Income Mortgage Loans in NJ NY CT and FL. The program is available as an ARM product only ranging from a 3/1 ARM all the way ...
05/10/2010
Keep your eyes open for this new Fannie requirement.    Beginning June 1, lenders originating mortgages being sold to Fannie Mae will have to pull a second credit report just before the loan closes. The new quality control requirement is designed to prevent a type of mortgage fraud called "shotgu...
05/07/2010
Home staging rebate reduces costs in Staten Island  ($250 !!!) If you are selling your home in Staten Island, you now have an opportunity to take advantage of a special rebate and reduce your home staging costs. In addition, you also have an opportunity to get a great rate on your new purchase. ...
04/24/2010
Home staging rebate reduces costs in Atlantic County  ($250 !!!) If you are selling your home in Atlantic County New Jersey, you now have an opportunity to take advantage of a special rebate and reduce your home staging costs. In addition, you also have an opportunity to get a great rate on your...
04/18/2010
There is a new Facebook page I LOVE MONMOUTH COUNTY and in only one month it has become very popular.  Why is the page different? Well, it is not just a page that you join and then forget about. There is a lot of useful local information there and relevant topics discussed between the fans of the...
04/18/2010
Home staging rebate reduces costs in Bergen County  ($250 !!!) If you are selling your home in Bergen County New Jersey, you now have an opportunity to take advantage of a special rebate and reduce your home staging costs. In addition, you also have an opportunity to get a great rate on your new...
04/17/2010
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Eric J

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