The Massachusetts Mortgage Blog

News, Information and Insight into the Mortgage World By David Gaffin, Greenpark Mortgage

Browsing Posts in GUIDELINES

Year End Recap and Thoughts on What 2011 Will Bring in the Mortgage World

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Loan programs available from the United States Department of Agriculture (USDA) that could benefit borrower’s in many parts of Massachusetts and beyond. Known as the Guaranteed Rural Development Housing Section 502 Loans, these programs are designed for low to moderate income individuals or households purchasing a property in a “rural” community.

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Commentary on FHA, USDA, Refinancing, Year end Purchase business, Fannie and Freddie, Foreclosures and the FED Meeting.

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What really matters is the borrower’s ability to repay!

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