Seattle Area FHA Mortgage Streamline Refinance- No Cost, 4.375% 30-yr Fixed Rate

One of the GREAT perks of having a FHA or VA mortgage is that HUD allows for a streamline refinance if and when interest rates fall. I didn't expect rates to necessarily drop after funding mortgage loans over the past 2 years, but they have, and a unique opportunity has presented itself to you as a FHA or VA homeowner.

I am writing about this amazing opporunity for two reasons: (1) we are making history right now with these artificially low rates; and (2) i am seeing some of my clients save in upwards of $300/mo. by lowering their rate at no additional cost to them... The savings can be re-invested in your mortgage or put aside for a college fund, retirement.... you get the picture!

Here's How Easy It Is and Who Qualifies:
1. No appraisal is needed, so value doesn't matter in HUD's eyes.
2. No credit check is required (your credit will be pulled and your FHA/VA mortgage history will be evaluated only)
3. No debt to ratio limitations.
4. No additional COST to you the borrower.

Here's The Benefits:
I recommend that if you can save approximately .75% - 1% in rate, then it is a good idea to streamline refinance your mortgage. On average, by reducing your rate by 1%, you will save approx. $183/mo. and $2,200 per year (that is based on a $300,000 loan amount). More so, you will save even more over time... I will be able to show you more of the benefits and savings with a Pre-Mortgage Analysis and loan comparison worksheet.

Click Here ---> Download my Quick and Easy FHA/VA Streamline checklist.

After you download the checklist, visit my website and complete the 2-minute online FHA Streamline Mortgage Application (click on the secure online mortgage application in the middle of the page).

As always, please do not hesitate to contact me directly at (425) 350-7136 or via email at dan.mortgageadvisor@gmail.com if you may have any questions!

DON'T MISS OUT ON A GREAT OPPORTUNITY TO SAVE SOME MONEY

All the Best,
Dan

Lake Goodwin Real Estate For Sale Blog: Todd Duitsman Lake Goodwin Realtor

He's the "Green Sign Guy". Chances are, you've seen one of Todd's green signs around Snohomish County.... The are starting to reproduce like little Gremlins and that is a good thing for Todd Duitsman Lake Goodwin Real Estate Agent.

Over the past few months, I've had a chance to work on a few transactions with Lake Goodwin Real Estate Expert Todd Duitsman, and I can tell you first-hand that he is outside-of-the-box and more so, first-class. Some of the things he's done to keep transactions together or simply get them eligible to fund amazes me, that an agent would go that above and beyond to serve.

Prior to 2009, Todd was a custom home builder. He has been a builder/developer all of his working life. Unfortunately in 2008 when funding from the local banks dried up, Todd had to make a career decision. In my opinion, he couldn't have been more accurate in choosing Real Estate sales and marketing as his new career. You see, Todd understands the "nuts and bolts" of real estate, he's built, inspected, and repaired real estate for years. Combined with his "gazelle like intensity" to learn the marketing side of this business, he is winning, absolutely Crushing It in today's market. In July 2010, he was recognized in his office at Keller Williams Marysville (out of over 70 agents) as one of their Top 3 Agents. Here is an example of how Todd is using some of today's technology to market his listings - Todd Duitsman Marketing Book

Here is a listings of a Home For Sale Lake Goodwin Community that Todd is featuring right now. As you will see, Todd sells real estate all over Snohomish County. However, over the last 20 years, he has lived and built all over the Seven Lakes/Lake Goodwin communities and is respected an a Real Estate expert in this community. For more information on Lake Goodwin Real Estate you can visist his Lake Goodwin Real Estate Blog.

I encourage you to check out his blog and contact Todd Duitsman if you have any questions!

Todd Duitsman

todd.tbi@gmail.com

(425) 343-5040

Washington State House Key Homebuyer Education Class June 18, 2011

Set your calendars for Saturday, June 18th. Dan Keller, Seattle Area Mortgage Advisor is hosting a Homebuyer Education Class sponsored by the Washington State House Key State Bond Program.

Each student will leave the course as a certified House Key Homebuyer, and will be eligble to use the Washington State House Key State Bond Program to assist with their down payment and/or closing costs. More so, House Key has a few new programs that homebuyers can look into. For example, the A New Home For You Program is a fixed rate, 30-year loan program specific for purchasing Marysville new construction. A great loan program and option as we continue to see new homes being built in the Everett area.

Each student that attends Dan Keller's House Key State Bond Homebuyer Education Seminar will get a FREE Pre-Mortgage Credit Analysis as well as a complimentary lunch.

For more information on registering for a FREE House Key Course with Dan Keller, please e-mail Dan at dan.mortgageadvisor@gmail.com

REGISTER NOW - June 18th 2011

email Dan at: dan.mortgageadvisor@gmail.com

Mill Lane Townhome For Sale, Mill Creek, WA - 2 Bedroom Rambler Style Townhome

This is an amazing opportunity to own a unique rambler-style townhome in the cozy, peaceful Mill Creek golf course community of Mill Lane. Dan Keller, Mill Creek Mortgage Advisor and Lori Brandel, veteran Mill Creek Realtor proudly showcase this beautiful home. You will not find another home on the market like this Mill Lane Townhome For Sale in Mill Creek, WA.

Please note: This home is NOT a short-sale. This beautiful home and community is detailed on the LIVE slide show link below. This condominium project is FHA approved and you may qualify to purchase this home using the Zero Down House Key State Bond first time home buyer program. Contact House Key Approved Lender Dan Keller for more information. This community is worth the vistit exploring. You will not be dissapointed! Great neighbors, great community, great schools, and convenient to I-5 and all ammenties.

The House Key State Bond Program Offers A Zero Down Alternative For First Time Home Buyers

Dan Keller, Everett FHA Mortgage Banker is now approved to fund House Key State Bond Mortgages. We've all heard of FHA financing, it's pretty much the hottest loan program banks are selling today. However, sometimes the 3.5% down payment that is required with FHA is a qualifying issue for our clients. Well, I think, as a matter of fact, I know I have the solution to that problem. It is the Washington State House Key State Bond Program

The State Bond Program requires home buyers (first time home buyers) to attend a House Key Sponsored Home Buyer Education Course with a Washington State Approved House Key Mortgage Lender. The course requirements can be found on my blog that I just created for potential buyers and their agents. Click here for a link to my blog/site for Realtors and buyers that could benefit from FHA down payment assistance

I think I am just as excited to start using this program to help agents market their listings too. Contact me at dan.mortgageadvisor@gmail.com if you have any questions or would like more information on marketing your listings with the House Key State Bond Program

If you are a seller, here's an example - (look at the menu bar) How to market your listing with House Key State Bond Loan Program

Should I Buy A Home Or Continue To Rent? A Fresh Look On This Topic

Whether renting is better than buying depends on many factors, particularly how fast prices and rents rise, how long you plan to stay in your home, and most importantly, evaluating the cost of renting vs. buying in “your” particular community.

According to Trulia, the cross-over point is about 15 times annual rent, the company believes. In other words, as a rough rule of thumb, homes are probably fairly valued in a city when they cost about 15 times a year's rent.

So, for example, if you're paying $10,000 a year to rent a place, think twice about buying a home that costs more than $150,000. Dean Baker, economist at the Washington, D.C. Think-tank The Center for Economic and Policy Research, came to a similar conclusion in research on the subject in recent years. “Fifteen times is the historic average”, he said.

CLICK HERE TO GET FULL SIZE VERSION

CLICK HERE To Download A Full Size Copy of the Rent v Own Flyer

Looking at the numbers above, the total mortgage pmnt on a $200,000 FHA purchase is $1,337/mo (that includes principle, interest, PMI, taxes, and insurance. Compared to $1,100/mo rent, it’s more expensive, but don’t forget to look at the tax breaks from owning (interest and property tax write-offs). The bottom line, at $200,000, it makes sense to buy. A savings of over $119,000 over 12 years versus renting! Plus, rent will go up with inflation, your 30-yr fixed mortgage is fixed and more money over time goes straight to paying down your mortgage. Contact me for more information or to request a personalized mortgage planning analysis.

Dan Keller, Mortgage Advisor

(425) 350-7136

dan.mortgageadvisor@gmail.com

Follow Dan on Facebook - 3 Things They Forgot To Teach Us In High School - Money, Mortgage, and Investing

Problem & Solution Series: FHA Property Qualifying Guidelines Checklist

The FHA, or Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single family and multi-family homes in the United States and its territories. It is the largest insurer of residential mortgages in the world, insuring tens of millions of properties since 1934 when it was created.

I know for a fact that I have personally seen the increase in FHA/HUD loans over the past few years; and today, over 75% of loans being written are FHA loans. One of the factors leading to the increased popularity of FHA financing is the low down payment option and low credit score requirements. But as we know, with these types of numbers, comes guidelines; and such guidelines can pose huge problems for buyers, sellers, and realtors while trying to close a transaction.

Having learned the hard way, I decided it was time to document the more popular items that we've encountered during transactions so that you will not have to learn the hard was as we have. CLICK HERE to print your own copy of FHA Property Qualifying Checklist. Feel free to contact me directly if you may have any questions - (425) 350-7136 or email me at dan.mortgageadvisor@gmail.com

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FHA Property Qualification Checklist