Category Archives: dream home mortgage

Why is it that there is a goverment sponsored program that enable illegal aliens to own a home?

Opportunity I-Loan, a housing pilot program launched by the state of Illinois help illegal aliens secure a mortgage loan below market interest rate. The program was initiated last year by Governor Rod Blagojevich. And you are worried about your FICO score? The illegal aliens stole your "american dream" right under your feet. doesnt surprise me…politicians [...]

Want to Buy Another Home But…?

Okay here is the deal. 1. Of course first home isn’t paid off yet. 2. Should I still look into renting this property out to someone else starting in 2013 til then, i’m going to start paying a double mortgage, so that it’s paid off sooner than 30 years? 3. or should I just do [...]

Can I have 2 different mortgage companies try to get me a loan at the same time?

Im trying to get a home loan. I was pre-approved by 5 different places. A couple weeks later I found my dream house. Now when it comes time to actually get my mortgage the guy at weichert financial tells me he’s not sure if its gonna happen. Can I start looking at another company to [...]

How to break a rental lease in CA – now buying a home?

Here in CA the housing prices have dropped to the point were homes are affordable. Because of this, my fiance and I decided to look into buying our first home. We had anticipated the process taking several months so we starting looking recently and talking to a mortgage broker. Low and behold it all moved [...]

protecting the dream of home ownership?

Senator Clinton’s plan will curb mortgage abuses, assist families facing foreclosure, and expand affordable housing to protect the American dream of home ownership. She will introduce her plan when Congress returns in September. Whether or not her proposal works is not known. All we do know is that the Republicans aren’t doing a thing to [...]