Michigan Refinance or Modification?
Published March 22, 2010 | 
Michigan Refinance or Modification?
Here is an informative video clip where Dorthy Guzek, a certified financial counselor from Greenpath Debt Solutions, is interviewed by Murray Feldman from FOX 2 News, Detroit.
In this interview they discuss both the Home Affordable Refinance and the Home Affordable Loan Modification programs, and how to determine if your Michigan mortgage fits into the home affordable refinance program, or if you are a better candidate for a Michigan Mortgage modification.
Below you will find the links to check to see if Fannie Mae or Freddie Mac currently own your mortgage.
Watch the short interview (about 6 minutes), and please let us know what you think in the comment section below.
Here are the links to check to see if Fannie Mae or Freddie Mac currently own your mortgage:
Fannie Mae Look-up – CLICK HERE
Freddie Mac Look-up – CLICK HERE
If you need a Michigan Refinance, and Fannie Mae currently owns your mortgage, we may be able to help.
Contact Us to get a quote on the Home Affordable Refinance Program.
Home buyer Tax Credit – The End in Near!
Published March 18, 2010 | The home buyer tax credit is ending in just 6 weeks. Here is a good video from CNBC discussing the deadline as well as the impact on the markets.
If you are looking for a Michigan Mortgage to purchase a home, you better apply today, to have a chance at the tax credit.
How Do I Know That I am Working With a Properly Licenced Michigan Loan Officer?
Published March 17, 2010 | When you begin your Michigan refinancing project, it is highly recommend that you verify your Michigan loan originator’s credentials, as well as the company he or she works for.
Here are a few resources to help you check out the loan originator you are thinking of helping you with your Michigan refinancing.
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National Mortgage Licensing System (NMLS) – Check for Licensing (Individual and Company)
With the implementation of the S.A.F.E. Act of 2008, every loan originator / loan officer and mortgage company must be registered with the national mortgage licensing and registry system. There are some variations, but the loan originator working on your Michigan refinancing should be at least registered on the national system.
Click the link below to begin your search.
National Mortgage Licensing System (NMLS) Consumer Site Link
Link: http://www.nmlsconsumeraccess.org/
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State of Michigan – Check for Licensing ( Company)
State of Michigan Company Search Link
Link: http://www.dleg.state.mi.us/fis/ind_srch/ConsumerFinance/Search.asp
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Better Business Bureau – Check the Company Rating (Company)
Better Business Bureau Search Link
Link: http://www.bbb.org/us/
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When you are considering your Michigan refinancing options,it only makes sense to verify that the person you are working with is properly licensed and has passed all of the criminal background checks, as well as met the minimum standards set by the regulators.
If you have further questions about Michigan refinancing, and Michigan mortgage licensing requirements, please leave a comment below or contact me.
