Archive for March 2012

The best “Thank You” for veterans

The VA home loan program has been around since right after the end of WWII. It is still available, and better than ever. A veteran can buy a home with no cash out of pocket (100% financing), a rate around 3.75% (apr 3.866%) for a 30 year fixed rate mortgage and no mortgage insurance! It’s…

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FHA Streamline: A Gift from Washington?

We have just gotten a little bit of good news about mortgage finance from Washington for a change. While it’s not everything we might have hoped for, it is a step in the right direction. Since 1984, homeowners with FHA loans have been able to refinance into a lower rate using the “Streamline” refinance program.…

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Joseph M. Parsons NMLS #230285
Pinnacle Capital Mortgage,
a division of Finance of America, LLC

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