Author Archives: Tim

USDA Is Back to the Future…For Now

Posted on November 21, 2013 by Tim

ShareTweet In October the USDA Eligibility Maps changed for the worse.  After the Government shutdown the USDA maps reverted back to the previous, more favorable maps.  On January 15th the future maps go back into effect. USDA guarantees loans for … Continue reading →

Posted in Financing, Real Estate | Leave a comment

Fannie Mae Increases Minimum Down Payment in November 2013!

Posted on October 21, 2013 by Tim

ShareTweet You read that correctly! Beginning November borrowers will not have access to 3% down mortgages through Fannie Mae. The minimum down payment will increase to 5%, forcing borrowers to turn to FHA with a higher cost due to Mortgage … Continue reading →

Posted in Real Estate | Tagged financing, Malta, mortgage, mortgage broker, real estate, Saratoga | Leave a comment

Breaking Rate News and Lending Update!

Posted on September 18, 2013 by Tim

ShareTweet I’m pleased to tell you the FED just announced they would maintain their current MBS buying program (QE-3)!  Here is a link to the news; http://www.reuters.com/article/2013/09/18/us-usa-fed-idUSBRE98G1D620130918  That means rates just took a nice drop after increasing sharply over the … Continue reading →

Posted in Financing, News | Leave a comment

Victory Funding is Hiring!

Posted on September 16, 2013 by Tim

ShareTweet Title: Mortgage Processor Victory Funding is a high integrity, professional Mortgage Broker in Malta, NY that specializes in delivering the highest level of service to every client. We have fun at work, and we value and respect each team … Continue reading →

Posted in Real Estate | Tagged banking, Job, Jobs, Loan processor, mortgage broker, mortgage processor | Leave a comment

Big Changes to 100% USDA Financing!

Posted on July 28, 2013 by Tim

ShareTweet As of October 1st 2013 the USDA eligible housing map will change!  If your loan is not approved at USDA before that date there is a good chance it will not fund! If you are a Real Estate Professional … Continue reading →

Posted in Financing, New Borrower | Tagged 100% Financing, albany, financing, Living Well Realty, Loan programs, low interest rates, Malta, mortgage broker, Mortgages, Saratoga, Saratoga Springs, schenectady, troy, USDA Loans, Victory Funding | Leave a comment

USDA Changes Make It Tougher For Buyers

Posted on April 27, 2013 by Tim

ShareTweet Beginning May 1st 2013 USDA Guidelines will tighten up the once user friendly program, likely to head off losses the agency sees in the future.  USDA, yes the same people that inspect your meat, guarantees loans for lower income, rural housing.  Rural … Continue reading →

Posted in Real Estate | Tagged 100% Financing, Ballston Spa, First Time Homebuyers, Living Well Realty, Malta, Saratoga County, Victory Funding | Leave a comment

3 Great Lead Generation Tips

Posted on January 29, 2013 by Tim

ShareTweet Prospecting is one of the hardest parts of the Real Estate business.  It separates the successful from the mediocre in every sales job.  Make no mistake about it, if you are in Real Estate, you are in the lead … Continue reading →

Posted in Free Tips, Local, Real Estate | Tagged Averil Park, Guilderland, Malta, mortgage broker, NY, real estate, real estate agent, Saratoga County | Leave a comment

Investor Attitudes – Make or Break

Posted on January 29, 2013 by Tim

ShareTweet Your attitude will make or break you in the investing world.  Are you buying your first rental?  So, are you after cash flow or long term equity?  Either way, if your attitude is wrong going in, you will be … Continue reading →

Posted in Free Tips, Investing, Real Estate | Tagged advice, albany, investing, real estate, Real Estate Investing, schenectady, troy | Leave a comment

It’s a Wonderful Life!

Posted on December 29, 2012 by Tim

ShareTweet As I was enjoying the annual Christmas Eve extended family get-together this year it struck me!  How blessed are we to be surrounded by family in such a beautiful setting.  I want to take you on a walk through my evening and … Continue reading →

Posted in Life | 1 Comment

USDA Property Eligibility Map to Change!

Posted on December 6, 2012 by Tim

ShareTweet Good Morning! We have a very important update for you today! If you have a listing in a USDA eligible area OR you are working with buyers that expect to use a USDA loan then you need to read … Continue reading →

Posted in Real Estate | Tagged Purchase money, real estate financing, refinance, USDA Loans, Victory Funding | Leave a comment