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Mortgage and Lending - Huron Valley Financial, Inc. - NMLS# 133950
HUD has cut the mortgage insurance rates for FHA loans.  With 3.5% down, the current annual rate is 1.35%.  As of January 26, 2015, that rate will go to .85%.  What a great savings of .5% for  home buyers!  On the average $175,000 purchase, that is a savings of $71.60 PER MONTH! This bold move wi...
I am SO excited to tell you about this new low down payment home loan!  We are one of very few lenders in our area to roll out this new Fannie Mae loan program which features only 3% down.  This is a great product which is a huge alternative to FHA loans which have the really high mortgage insura...
How many of us have known the heartbreak of foreclosure or know someone who has? We probably even know people that have known the dual heartbreak of foreclosure and bankruptcy. In these recent tough economic times, a lot of people have suffered from loss of income which forced them into those sit...
I have worked with a lot of Realtors in my career as a mortgage loan officer.  I've seen them all from super-competent to I wonder how they ever passed the licensing test!  I'm happy to report that there are a lot of good Realtors in my area.                                                       ...
October 1, 2014 brings some HUGE changes to USDA loans.  Watch the video below to learn more.   For those of you who are not prepared, the clock is ticking!  On October 1, 2014 the annual fee for Rural Development loans will increase from .4% to .5%. The upfront, financed Guarantee Fee of 2% will...
Yes, we offer the famous "Doctor Loan!"  This mortgage is for MDs, DOs, Dentists, Podiatrists, Optometrists and Veterinarians!  At Huron Valley Financial, we understand the financial challenges associated with being a new physicial or resident with medical school debt.  Our Doctor Loan provides q...
If you have some credit problems in your past, you may be wondering if you can buy a house after bankruptcy.  YES YOU CAN!  Bankruptcy is like a fresh start.  The past is the past and you move on from there.  There are things you need to do in order to prepare for a home purchase and certain rule...
Buying a foreclosure can be scary.  It is almost always intriguing.  Neighbors, real estate agents, investors and potential buyers are all curious.  Is the home a diamond in the rough, a bargain, a nightmare or a combination of all of those?  I've seen the full gamut in condition:  from excellent...
Perhaps you have never heard of the FHA 203k loan, but it is one of the best loans out there - especially now.  Why now?  There are a lot of foreclosures on the market.  Many have deferred maintenance.  Some have been vandalized.  Most need at least some repairs, improvements or appliances and th...
With the recent string of tornados, wildfires and floods, revisiting your homeowner's insurance policy and speaking with your agent is now more important than ever.  I know a person whose home was damaged in the April 3, 2011 tornado. After calling to ensure everyone was as well as one can be aft...

Peggy Wilson

Michigan Mortgage Pro
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