Posts Tagged ‘finance’

David is a U.S. military veteran and is a member of USAgencies Credit Union. He gives a short testimonial about Credit Union Home Loan Center (CUHLC) – the mortgage division of USAgencies Credit Union – and why he’d recommend other Oregon-based veterans, military members and reservists to use USAgencies & CUHLC for all their financial needs.

Duration : 0:2:30

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Technorati Tags: bank, banking, Credit Union, Credit Union Home Loan Center, CU Home Loan Center, CUHLC, finance, financial, Home Loan, home loans, Military, Mortgage, oregon, oregon home loan, Oregon Vet, Oregon Veteran, U.S. Military, USACU, USAgencies, USAgencies Credit Union, VA, VA home loans

Learn how you can refi your loan from Conventional to FHA

Duration : 0:2:11

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Technorati Tags: advice, Conventional loan, fha loan, finance, Home Loan, how to, refi, Refinance

FHA Mortgages and loans. Purchase or refinance using FHA programs. FHA Streamline and FHA Secure refinances as well

Duration : 0:1:18

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Technorati Tags: finance, Loans, Mortgage, nenninger

Representing the energy of the earth, the Geo House occupies the largest footprint of the five homes, with 3600 sf. of conditioned living space, 720 sf. garage, and full length front porches and balconies. This is the only home with a two car garage. Six spacious bedrooms, each with a full bathroom, offer many options for extended family living. Experience unexpected treasures, impeccable design and healthy, energy efficient living for a large extended family.

Duration : 0:0:8

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Technorati Tags: Estate, finance, Green, Home, Housing, LEED, Platinum, Real, Renewal, technology, Urban

http://www.SunwestTrust.com, 800-642-7167. You probably have heard about the national credit crisis. During this time of national crisis have you ever considered becoming a bank? Thats right; you can become a bank for a friend or family member.

Duration : 0:2:41

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Conventional financing is coming back, we have a program with 5% down.

Duration : 0:1:14

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This is the VOA Special English Economics Report, from http://voaspecialenglish.com

One year ago, President Obama signed the economic recovery bill aimed at pulling the country out of recession. The bill promised jobs — including many in the nuclear energy industry.

In February, the president announced plans for the government to guarantee more than eight billion dollars in loans for two new nuclear energy centers in the state of Georgia. The Southern Company plans to build the nuclear power centers. The first would start operations in twenty sixteen.

Mister Obama announced the plan at a job training center in Lanham, Maryland. The message was that nuclear energy projects will create jobs. President Obama said: It is a plant that will create thousands of construction jobs in the next few years, and some eight hundred permanent jobs — well paying permanent jobs — in the years to come.

In February, the Federal Reserve predicted that unemployment will remain near current levels through the year. The present rate is nine point seven percent. The central bank said unemployment could remain high for the next two years.

President Obama has received sharp criticism from Republicans over the lack of progress in job creation.

The seven hundred eighty-seven billion dollar American Recovery and Reinvestment Act is also unpopular because of its cost. Critics said the money is being spent too slowly with less than sixty percent being spent so far. But the administration said the measure has saved or created two million jobs.

By supporting nuclear energy, the president may be seeking common ground with Republicans who have called for building as many as one hundred new nuclear power centers.

Mister Obama has linked clean energy with economic growth. He also warned that the United States is falling behind in developing nuclear energy. He said: There are fifty-six nuclear reactors under construction in the world: twenty-one in China alone; six in South Korea and five in India.
The United States has not built a new nuclear power plant in nearly thirty years. American public opinion about nuclear energy has been mixed. In recent years, public opinion studies show more than half of Americans approve of nuclear energy. About one-fifth of the nations electricity is generated by nuclear power.

And that’s the VOA Special English Economics Report.

(Adapted from a radio program broadcast 19Feb2010)

Duration : 0:3:54

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just me poking fun at industry news and showing mortgage brokers why doing FHA Loans is the way to go!

Duration : 0:3:25

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Representing the energy of Gas/Ether (lightness of being and transformation) the Light House anchors the community in the NW corner, inviting streaming rays of sunset light through its large triple glazed windows. Southern facing attic dormers provide bird’s eye views of the City. The 2480 sf. home, with four levels of conditioned space and a 242 sf. rear access garage, offers spacious living with high beam ceilings. A deck off of the kitchen opens up more space for outdoor cooking. The lower private entry Boomerang Suite with two rooms and a full bath is ideal for those loved ones who keep coming back, and/or for studio, office or storage. (Bikes and mopeds welcome.)

Duration : 0:0:8

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Technorati Tags: Estate, finance, Green, Home, Housing, LEED, Platinum, Real, Renewal, technology, Urban

First Time Home Buyer Mortgage Program with $8000 Tax Credit, Low Down Payment and Fixed Interest Rates on Government FHA Loans. Financing Assistance at Cheap Rates. Go To http://RealEstateMarketingThisWeek.com

Part 3 (Excerpt)

$8,000 tax credit the government is paying you to buy a home with a very low down payment

We have back in the studio today Mr. Dan Havey. Dan and I have worked together in the mortgage industry for about 14 years and we are happy to have him back. He has seen a lot of changes in the market and thanks again for being here.

Michael, here is a question I wanted to ask you, there is so much misconception in the marketplace today as far as what is still available for financing. I think a lot of people have this idea that it is impossible to finance a loan or get a mortgage or that you have to be able to put 20% down or have a 720 FICO score. Can you let people know whats really going on out there?

Well you know a lot of things have gone away. There are a lot of those old loan programs that were fancy ways to sell money and finance real property and a lot of thats gone. The reality of it is, if a person has a minimal amount of money down, there is absolutely financing through the Federal Housing Administration with 3.5% down. You can buy up to about $358,000 with only 3.5% down. Now with Fannie Mae and Freddie Mac, we actually do have a few investors that will allow us to only put 5% down with those and that loan amount maximum is $417,000. So there is still plenty of financing for primary residences.

Now in regard to looking at investment properties believe it or not there are actually still some stated income loans out there, but the stated income loan is for a non owner occupied property, the interest rates are very high and you know what, if you can put 20 to 25% down and prove your income you are better off using conventional financing, it is absolutely still available.

Now if you are a first time home buyer living in an apartment and you are getting kind of tired of it, you are looking at low interest rates, you are looking at the property values have come down over 50%, FHA is generally going to be the direction that person is going to want to go, right?

Absolutely and you know Dan with the $8000 first time home buyer tax credit you know that is a check that the government sends you for up to 10% of the sales price of the home up to $80,000. Its capped at 10%, you are not going to get more than $8,000 back and you may get less if you buy for less than $80,000, but whats really interesting about this is you can, if you have already filed your 2008 tax return, you can file a 1040X and get that credit sooner. You dont have to wait until April 15th of 2010 to get your tax credit. You put the money down today, close on the mortgage, move in, file your 1040x, there is a form that is called the 5405 but thats not all that important, and you can have that money back in your pocket right away.

So I know that was part of the plan that came out today and just to make it a little bit clearer for peoplelets just take an example. Lets say you buy yourself a $150,000 house and you buy it as an FHA, it doesnt really matter how much money down or how you buy the house but if you buy a $150,000 house, you are going to get an automatic $8,000 tax credit that you can take off of the taxes that you owe the government. So lets take an example where you are a W-2d employee and you pretty much break even at the end of the year, you dont owe the government any money and they dont owe you any money the government will actually write you a check for $8,000 for that tax credit and if you buy it this year you can amend your tax return for 2008 and get a check from the government for $8,000.

And thats not including the other tax write offs that you get for writing off the taxes on the house writing off the interest on the house, so again with a $150,000 house with 6% interest roughly you are going to be looking at another $10,000 worth of write offs on top of that. Now that is a write off not a tax credit, like the other one so you are going to save whatever your tax rate is. So lets say your tax rate is 30%, that is another $3,000 in taxes saved. So if you buy a house this year you are going to put an extra $11,000 in your pocket.

So if you buy a $150,000 house and you have to put 3.5% down, Thats what? Lets just say roughly $5,000, you just made $6,000 and you get to own a house. ($11,000 tax savings minus $5,000 down payment) And your mortgage payment is more than likely less than or equal to what you are paying for rent and you own it.

Exactly and you get the benefits of having your own house…

Duration : 0:6:14

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