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Mortgage and Lending - Annie Mac Home Mortgage - NMLS ID 19375
Some food for thought to share today....   I have been thinking about the difference between a referral & an endorsement recently.   We all refer our family, friends & clients to people who may be able to help them. (the doctor, lawyer, mechanic, contractor, etc) But a referral that is also an en...
CONDO APPROVALS If you own or are looking to buy a Condo/Townhome with an association or management fee collected, you will want to be aware of a potential issue regarding financing. The majority of lenders will require that the condo association provide proof of financial stability and other rep...
  USDA Rural Development loans will have slight increases to PMI soon. As of October 1, 2012, the start of Fiscal Year "FY" 2013, Rural Development will revise the Up-Front Guarantee and Annual Fee Structure as follows: For Purchases, the 2% guarantee fee remains the same. For Refinances, the fe...
FOR BUYERS & REALTORS One of the biggest obstacles we face today in processing mortgage applications is obtaining proof of assets for funds to close the deal.   Many buyers have multiple bank accounts, stocks, bonds, CD’s, Gifts, etc.  They often make large deposits, transfer money, and sometimes...
(732) 938-2252 x 303 Jeff Coon Freedom Mortgage Corporation
This year has been a challenging one for many of us in the business of selling & financing real estate. It seems there may be a lack of overall urgency with many sellers unwilling to budge on price, and buyers willing to sit on the sidelines, or perhaps even being one of those sellers themselves....
Do you know what an energy efficient mortgage is? Perhaps you've been at a closing and heard the attorney mention this odd form the buyer had to sign....or heard a mortgage rep mention this program before. If you are showing a home that is need of new windows, or has an outdated or old furnace o...
Freedom Mortgage Offers 1% lender Credit to Buyers Home Buyers  & Real Estate Agents Take Notice! Buyers- you could save thousands of dollars at closing! Effective June 1st, 2011 the local Wall Township, NJ branch location of Freedom Mortgage Corporation is test marketing a new program targeted a...
Freedom Mortgage Rated "One of the Best" by readers of the Asbury Park Press for 2010   If you are in the market for a mortgage to purchase or refinance a home, please contact:   Jeff Coon Branch Manager Freedom Mortgage Corporation Bus: (732)938-2252 x303 Cell: (732)547-4651 Fax: (732)938-2493 j...
Seller Concessions- How & when to use them, and what are the limits? When I am working with a buyer, I like to look at their big picture, it helps me to understand what they want, what is important to them, and it will help me structure a mortgage scenario that leaves them with the best possible ...

Jeff Coon

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