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News You Can Use
Happy 2010! Well, another year is among us as well as a fresh start for resolutions. For many, buying a new home or refinancing is among them. The Department of Housing and Urban Development is hoping to help customers have an easier experience by enforcing a new set of rules. Included in the new rules is a standardized Good Faith Estimate with the goal of allowing homeowners clearer comparisons of their options among mortgage lenders. In addition, settlement statements will mirror the GFEs to facilitate comparison of the original estimate to final cost. In November, HUD declared that there would be a four month “grace period” allowing lenders to ease into the new guidelines and make certain everyone is catching on and following the rules appropriately.I’m not saying the transition will be a walk in the park, but Cunningham & Company is dedicated to staying compliant and efficient. We have the customer’s best interest in mind and will do what it takes to stay ahead of the game.
Speaking of helping customers effectively, my resolution for the New Year is to continue offering superb service to my clients. No matter what resolutions you have, please remember that I am here for you, ready and able to assist you with all of your mortgage needs.Make it a great year and let me know how I can be of service!!!Featured Loan Program
$100 Down FHA Repo Program
It’s now possible for buyers to purchase a HUD repo for $100!
- Owner Occupied only
- FHA financing is used in conjunction with this program
- Available for 1 to 4 unit properties, as well as condominiums and manufactured homes
- Max loan limit for Charlotte MSA is $303,750 for a single family home
Have you heard?
Interested in seeing original artworks from Picasso or Andy Warhol right here in Charlotte? Located at 420 S. Tryon Street, the Bechtler Museum of Modern Art just opened this past weekend and is the only museum dedicated to the exhibition of mid-20th-century modern art in the southeastern United States. If your New Year’s resolution is to experience more art, this is an excellent way to begin!
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