Rick's Pocono Mountain Blog

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Getting Your Pocono Property Mortgaged

Over the past couple of years the mortgage industry has undergone a complete makeover! Gone are the loans based solely on a credit score. It used to be that an applicant needed only a 700 credit score and a pulse and they qualified for a mortgage. As you can easily deduce, those kinds of lending practices greatly assisted the housing industry hit the bottom within the past year. Now ALL of the requirements to get a mortgage have risen significantly with FHA becoming the leader in affordability. No more 100% financing for the second home buyers. 

With all of the changes that have taken place and with more changes arriving daily, a buyer needs a mortgage lender they can trust and with the resources to take their financial picture and be able to know where they fit the best for a mortgage. Fortunately for Pocono Buyers Mamie Dibella and Bankers First Mortgage stand ready to assist everyone. Simply stated, if they can't do it noone can! If you would like a no strings attached 'pre-approval' from Mamie over at Bankers First just Click Here! 

 

As always if you need to find that perfect Pocono Property, we here at Pocono Mountain Lakes Realty can find your Dream Property and then Bankers First Mortgage can put you into that Dream Mortgage! As of last week they were closing second home mortgages at 4.5%. Don't wait till the Fed starts raising them to buy that home you always wanted! Remember you can search the Pocono MLS for yourself as well as receive Free Listing Alerts delivered right to your inbox by Clicking Here! 

   

Pocono Mountain Lakes Realty

Pocono Mountain Lakes Realty

Rick Cordisco - Owner / Realtor

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0 commentsRick Cordisco • March 23 2009 02:54PM

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