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A L E R T
: HUD has for the first time in 78 years changed their guidelines regarding negative items
on your credit report!! As of April 1st. 2012 they put language in their guidelines
that SPECIFICALLY limits the total amount of negative items that can remain open on your credit report to only $1000.00 (One
Thousand Dollars). If you have more than this amount of negative items open you will have to settle the amount to a
$1000 or less. If you cannot do this, there IS A WORK AROUND. Call us for more information. Due to this change,
it is even more important more than ever to know WHERE your scores are and WHAT is on your credit report. Apathy and
indifference won't fix anything. INVENTORY
ALERT : Current MLS inventory has dropped to less than15,000 units. This is a reduction of over 65%
of the excess inventory we had just 20 months ago. In some areas of the valley, prices have started to move up.
If you can income qualify for a mortgage, this is the year to buy a house BEFORE prices and interest rates rise. NOTICE TO VETERANS : We have had many
inquiries asking about this subject- Veterans CAN qualify for a 2nd VA Loan even if they had a foreclosure or a shortsale
on a previous VA loan. Even if your VA eligibility has not been fully reinstated, you can still qualify for ANOTHER
100% NO DOWN VA loan!! THIS IS TRUE! Call us for more details. WE CAN DO THINGS THAT OTHER BANKS CAN'T !! Many caller are wary that we are the same as other lenders
and are going to turn them down also until we hand them their keys to their new home! We are not exaggerating when we tell
you that any FDIC insured institution has very strict guidelines AND they WILL NOT deal with the slightest credit issues! If
your credit isn't perfect when you walk in the door with them, you're wasting your time. That's why everyone who gets turned
down ends up calling us!! Even employees of these other banks. Big banks WILL turn you down if a foreclosure or
a bankruptcy shows up on your credit report (even if its seasoned). Most of them WON'T allow any negative items to remain
open so you have to pay off everything. If you have ANY recent late payments, its an automatic turn down. If you've ever discharged
one of their accounts (i.e. car loan, credit car or mortgage) in a bankruptcy, they will never do another loan for you again.
Your SSI number is in their database as a high risk customer for a minimum of 10 years! We don't have these kinds of strict guidelines and requirements
that other banks have and we help you fix your credit!!! **
REFINANCE & LOAN MODIFICATIONS ** - If you owe more than what your property is currently worth, THERE
ARE NO REFINANCE OPTIONS. You cannot get a loan for more than what the property is worth. The only
EXCEPTION is if you have a 1st and a 2nd mortgage and your 1st mortgage is for less than what the
property is valued at, then you can refinance the 1st mortgage only. We can assist you if you are
NOT upside down on the value. For information and assistance on what your Federal options are, go to- http://www.hopenow.com.
Explore the government options on potentially reducing your loan size or reducing your interest rates. We
DO NOT DO LOAN MODIFICATIONS. They are too
time consuming and only have a very small success rate. Beware of loan mod scams.
There are plenty of them. Some of them are legitimate and can be of assistance. Most of them are going to rip
you off so buyer beware! Check out the provider first before using their services.
WE
GET YOU FINANCED WHEN NO ONE ELSE CAN! Welcome to The Arizona Mortgage Showcase. This website is an extension of the highly
successful Arizona Mortgage Showcase cable series that airs everyday on the Cox Cable Real Estate channel. After numerous
requests to provide consumers additional information, we have launched this website to better inform and educate Arizona buyers
about the hundreds of mortgage programs available. Although we won't be listing every single program we have available, this
website allows us the space to explain additional programs that our limited airtime does not normally allow. We have also
included new information and links on Credit Restoration services and in depth information on how to manage your credit. This
site was designed for the use of our clients and future clients to assist them with information on qualifying for a home mortgage.
We've kept the information simple to digest and to the point. We will continue to update and add new information that we feel
will be useful to consumers. Your comments and feedback are welcome.  |
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