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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Two More Reasons Why You Should Own a Home Versus Rent in Arizona

Two More Reasons Why You Should Own a Home Versus Rent in Arizona

With home prices being at all time lows and interest rates so low, I am puzzled why so many people are still not taking advantageof home ownership opportunities. I understand that we are in a bad economy and consumer confidence is low, but at the end of the day, you still have to live somewhere.  [...]

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Has Government Intervention Ruined the Mortgage Industry?

Has Government Intervention Ruined the Mortgage Industry?

There is not a day that goes by that I read about some new or coming soon government program that will have a possible generational impact on the mortgage industry. Everyday new lending guidelines come out that will have huge implications on a consumers ability to borrow money.  Some of these changes were necessary, but [...]

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Mortgage Information from a Credible Source: Meet the Mortgage Myth Busters

Mortgage Information from a Credible Source:  Meet the Mortgage Myth Busters

Is the information that you are receiving about mortgages coming from credible sources? I first wrote about the topic in general back in March of this year about welcoming web 3.0 to the real estate industry.  Now fast forward to present, and I still run into numerous people who are getting BAD information from so [...]

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FHA vs. Fannie Mae Home Path Revisited

Back on August 12, 2009 I wrote a great post that got many comments and attention called Battle of the Home Mortgage Products:  FHA vs. Fannie Mae Home Path. Today I am revisiting the topic and making all parties aware of some changes by FHA which take place on October 4, 2010.  FHA has raised [...]

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Meet the Sunstreet Mortgage Team at SEVRAR Expo 2010

Meet the Sunstreet Mortgage Team at SEVRAR Expo 2010

The Sunstreet Mortgage Team will be at the SEVRAR Expo 2010 this year.  If you are a member and will be attending this year, please stop by and say hello.  We will be in Booth #32.

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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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