Posts filed under ‘Mortgage Guidelines’

Simplified Home Loan Modification Program Recently Announced

The Federal Housing Finance Agency (FHFA) recently announced a new, streamlined home loan modification program to help home owners who are behind in their payments or own a home with a mortgage that is under water.

The purpose of the recently announced program continues to focus on helping troubled borrowers avoid foreclosure and stay in their homes.


Continue Reading April 4, 2013 at 8:45 am Leave a comment

3 Tips To Get The Best Results On Your Mortgage Application

Not all loans are approved. And even when they aren’t approved immediately, it doesn’t have to be the end of your real estate dreams.

Continue Reading March 8, 2013 at 8:45 am Leave a comment

Will You Need Private Mortgage Insurance on Your Mortgage Loan?

You may be wondering what PMI is and how you know when you need to purchase it.

Below is the short version of what you need to know.

Continue Reading February 22, 2013 at 8:45 am Leave a comment

Mortgage Approvals : Documents You’ll Need For Your Lender

According to the Federal Reserve’s quarterly Senior Loan Officer Survey, it’s getting easier to get approved for a home loan.

Continue Reading November 14, 2012 at 8:45 am Leave a comment

Mortgage Standards Stop Tightening; Lending Soon To Loosen?

As another signal of an improving U.S. economy, the nation’s biggest banks have started to loosen mortgage lending standards.

Continue Reading August 8, 2012 at 8:45 am Leave a comment

FHA To Change Its Mortgage Insurance Premium Schedule Monday, June 11, 2012

Beginning Monday, June 11, the FHA is changing its mortgage insurance premium schedule for the second time this year.

Continue Reading June 7, 2012 at 8:45 am Leave a comment

Reverse Mortgages : Pros And Cons

A reverse mortgage is exactly what it sounds like — a mortgage in reverse. Here’s some analysis on the program and how it could work for you.

Continue Reading May 8, 2012 at 8:45 am Leave a comment

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Don Grimes

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Don Grimes
"Your Residential Mortgage Specialists"
Senior Mortgage Loan Officer
NMLS: #130686

Michigan Mutual, Inc
Office: (517) 507-0151
Toll Free: (800) 521-1642
Mobile: (517) 927-8110

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