Mortgage Industry

Santa Clarita Mortgage Video Update – December 30, 2010

December 30, 2010

Thank you to Keith Renno at The Renno Lending Team of Prospect Mortgage for sharing this video update. In it, Keith discusses the ever changing mortgage interest rates and where they’re headed. As always, feel free to contact the Renno Lending Team, and Keith, over at the Santa Clarita Mortgage website. I recommend seeing what they are [...]

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Santa Clarita Foreclosure Homes To Rise As Bank Of America Foreclosing Again

December 13, 2010

We will almost certainly see some sort of an increase of Santa Clarita bank owned foreclosures as we head into 2011. This is a positive development for homebuyers. A negative development for sellers and homeowners who don’t want to see any deterioration in values. It was announced on Thursday, and put back into action today, that Bank [...]

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Is Your Santa Clarita Condo Community FHA Approved?

December 9, 2010

Is your Santa Clarita condominium community approved? Well, why not look for yourself!? Love the Internet. Information at the tip of your fingers, everywhere: FHA CONDO APPROVAL CHECKER Be sure to check out our recent blog post on the extension of condominium project approval expiration dates. If you’re an FHA loan homebuyer, and even a [...]

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Buying A Santa Clarita Home In 2011 Could Be Tougher For FHA Borrowers

December 9, 2010

If you’re one of those who thought 2011 could be the perfect year to buy a home in Santa Clarita using an FHA insured loan, you could have another thing coming to you. Why? Numerous Santa Clarita condo communities had FHA project approval expiration dates set to December 7, 2010. Yesterday, FHA announced that they [...]

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Santa Clarita Home Loan Update From The Renno Lending Team

November 30, 2010

A big thank you to the Renno Lending Team for providing us with another Santa Clarita Home Loan Video update for our blog. You can visit The Renno Lending Team anytime over at their SCV mortgage blog. In the meantime, check out what’s happening in the local mortgage market, by listening in, as Keith Renno [...]

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Interest Rate Update For Your Santa Clarita Home Purchase

November 11, 2010

If you’re in the market for a home, you may just be in the market for a home loan, too. Thanks to Keith Renno from The Renno Lending Team @ Prospect Mortgage, for putting this interest rate and mortgage market video update together for us. We’re just a few Santa Clarita Realtors – not mortgage [...]

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Santa Clarita Mortgage Video Update

October 30, 2010

Thanks to Keith Renno from The Renno Lending Team @ Prospect Mortgage for this week’s update. Keith touches briefly on the state of interest rates, and where they are at. Worth a listen if you’re shopping around for a loan and or in the market for a home. Enjoy!

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Bank of America To Resume Foreclosures

October 19, 2010

Late yesterday, Bank of America posted a press release indicating that they will resume foreclosure activity in 23 judicial foreclosure states. They appear to be satisfied with how foreclosures were/have been handled in those states. California is not included in those 23 states however. They will continue to review their foreclosure process and handling in [...]

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Santa Clarita Mortgage Video Update: Change To Minimum FICO Scores

October 15, 2010

Thank you to Keith Renno, of The Renno Lending Team for putting this video update together for us, here at The Robert & Brian Team. Keith discusses changes to his company’s (Prospect Mortgage) guideline with respect to minimum FICO scores for an FHA insured home loan. Listen in as Keith talks about the new higher [...]

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How Will Suspension Of Foreclosures Affect Santa Clarita?

October 15, 2010

I thought about this question more, as I saw the inventory of Santa Clarita homes for sale, rise today beyond 1,200. We’re already several days past Bank of America’s huge announcement that they’re freezing homes from being foreclosed on until they ensure that their foreclosure processing holds water and is legal. This includes loans that [...]

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