YOUR TOWN MORTGAGE
Your partner in Real Estate

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Friday, July 30, 2010

30 Year Fixed:

4.375% - No Points 

Annual Percentage Rate 4.547%

15 Year Fixed:

3.875% - No Points 

Annual Percentage Rate 4.173%

See our products page above for today's rates! 

Note: Posted rate assumptions;

Single family owner occupied purchase of $225,000 dollars.

20% down payment of $45,000.00 dollars.

30 day rate lock

740 credit score

$180,000.00 dollar minimum loan

Taxes & insurance are escrowed

Extended rate locks available up to 180 days.

Rates subject to change by 4 PM daily.

Thinking of Purchasing or Refinancing?

Here's how to get ready;

Submit your application online.

We will email our Authorization form to pull credit.

Fax or email your most recent W2, pay stub or 2 years federal tax returns if self-employed.

We will verify your income, assets and credit scores then submit your application to Fannie Mae's Automated Underwriting System for results.

In seconds we'll have an answer for you!

It's that easy!

New changes are in effect for credit scores, cash out and loan to value's on new Purchases and Refinance for 1-4 unit properties.

Call to find out how these new changes affect you.

 

Your Town Mortgage is committed to helping you find the right mortgage product for your needs.  We understand that every borrower is different, and we offer a variety of products to meet your individual requirements.  We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools that enable you to make sound financial choices.

We don't charge;

Application fees, Document Preparation fees or Credit Report fees.

Our lower rates will save you money every month!

Check the local competition at the bottom of our products page!

Then give us a call or apply online before rates increase!

On October 29, 2009, the House and Senate passed legislation to extend government sponsored mortgages until December 31, 2010. Fannie Mae, Freddie Mac, and the Federal Housing Administration (FHA) can back loans from $462,500 up to $729,750.

Each county has a maximum loan amount. Please call for your county!

                     



Learn More

Serving Massachusetts Homeowners under;

Massachusetts Mortgage Broker License:  MB4972 

Mortgage Loan Originator License: MLO10032

What we can assist you with.
Main Services.

  •   Purchase or Refinance Residential and Commercial Real Estate.
  •   Find the right mortgage program.
  •   Deliver the lowest interest rates.
  •   Answer all your questions. 
  •   Return your phone calls.
  •   Pre-Qualify you.

 

What can you expect from us?

Additional Services.

 

  •   Secure Document Transfer. 
  •   Pre-Qualified Certificate.
  •   Explanations of Mortgage Programs and Guidelines.
  •   Advice on which programs are right for you. 
  •   Advice on managing your credit profile.
  •   Advice on closing costs, points and inspections. 
  •   Free review of your Purchase and Sale Agreement.  
  •   All e-mail and phone calls returned quickly.
  •   Personal service at home or work by appointment.
  •   Review of your HUD-1 closing statement prior to closing.
  •   Attend your closing with you.*

Contact Your Town Mortgage to find out more about the products and services we can provide.

We arrange but do not make loans.

Licensed Mortgage Originators wanted. Call Dennis at 978-258-3791.

*Maximum radius is 50 miles



 

 

Call Dennis 7 days a week at;

P. 978-258-3791

Get Pre-Qualified on your new purchase!

Or Apply online!

We work with lenders through their wholesale divisions. Their Processing and Underwriting staff are eager to close your loan on time. I work closely with my clients and the lenders staff to provide you with personal service. You are not just a loan number to me. I will do my best to get your purchase or refinance closed on time! Call or email me so we can discuss what works for you!

Dennis C.

 

How much is your home worth today?

Click this link below for an estimate!

http://www.eppraisal.com/home-values/massachusetts.mvc