2012 Best Mortgage Options

As we embark into another year, Most of us are always wondering about which mortgage options are available and what kind of rates and fees are tied to those specific products.  So let me share what I think will be the best mortgage options for 2012.     Best Refinance Mortgage Options: Rate/Term Refinance: This [...]

MetLife Pulling out of the Mortgage Business

    I was watching Fox Business News yesterday and confirmed it that MetLife is pulling out of the mortgage business.  MetLife entered the market back in June 2008 when it bought a bunch of divisions of First Horizon Corp.  They are now exiting out of this market 3 and 1/2 years later.  This is [...]

The Ins and Outs of Understanding “the basics” of a Reverse Mortgage

In the last 60 days I’ve had 2 clients call me about looking into a reverse mortgage. I am not sure if I even shared with most that I actually DO offer this product and service. First of all the Reverse Mortgage is NOT your traditional type of mortgage product. It does not follow the [...]

Coming Soon: Refinance Option for Underwater Homeowners

I am not the first to report this good news, but felt it was worth sharing.  The Obama Administration announced on October 24, 2011 details of expanding a government sponsored refinance program to help more underwater homeowners refinance to reduce their payments. Many clients of mine wanted to refinance in the past, but due to [...]

Scariest Home Mortgage Concerns

    As we enter the month of October, and Halloween draws near, we wonder if a goblin, ghost or something scary is about to pop out at us. Many clients feel this same way with their home mortgage these days.  Some of my clients are not even aware of what type of mortgage product [...]

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Condo Financing with 5% Down is Back!

It was about three and half years ago when the mortgage industry started to scale back on riskier products. Some loan products were put into hibernation until a time when they could bloom again.  Fast forward to the present and  now certain mortgage products are making a  come back. My most recent experience to this [...]

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Another Option to Lower Your Mortgage Payment!

Looking for another option to lower your mortgage payment?  Here is some solid advice given to me by Joey Almeida with Cambridge Financial. Another way to lower your monthly house payments, that you might not normally consider, is by reviewing your homeowner’s insurance policy. We find that people tend to buy more insurance than they [...]

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Is Your Bank Providing Accurate Mortgage Information?

Is Your Bank Providing Accurate Mortgage Information?

I have a funny story to share with you that happened to me the other day and thought I would share.  I got a call from my Bank.  As most I do my personal banking with one of the bigger banks here in Arizona.  Without mentioning names and protecting the innocent, here is the conversation [...]

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Phoenix Market Ranked in Top 10 Most Affordable Housing Markets!

Did you know that Phoenix and Mesa were ranked the 4th and 5th most affordable housing markets in the country to own a home versus renting? Right now, we all know someone close to us who is throwing their hard earned money down the drain by renting versus owning a home.  My job has become [...]

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2011 Best Mortgage Options

2011 Best Mortgage Options

As we embark into another year, Most of us are always wondering about which mortgage options are available and what kind of rates and fees are tied to those specific products.  So let me share what I think will be the best mortgage options for 2011. Best Refinance Mortgage Options: This year refinances will NOT [...]

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Gary Miljour
Mortgage Consultant
MyCityLender
2350 E. Germann Road, Suite 34
Chandler, AZ 85286

Office: 480-945-4545
Mobile: 480.251.0002
Fax: 480-945-4546

MyCityLender | NMLS ID: 207208 | ARIZONA MB-0910380

Gary Miljour, Licensed Loan Originator NMLS#207208

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