With FHA loans becoming more expensive with the increase in the monthly mortgage insurance, conventional mortgage insurance loans are looking more attractive. We offer conventional financing with as little as 3% down for qualified borrowers. Call Joe Harris at 321-757-3570 for details.
Mar
25
Beautiful Home Showcase – Indialantic March 29th
Please join us Tuesday March 29th for this event!
Dec
17
What you need to know – Rising interest rates
While we will have fluctuations, the trend of increasing rates will continue and raise the cost of buying and owning a home.
If you know of anyone looking to buy or refinance a home, please let them know that if they continue to wait, it could cost them more in the future.
Please post your comments, questions, or any feedback in the comments section below. Thank you, and I look forward to hearing from you!
Dec
03
3 things to avoid at your office holiday party
Link to some great articles:
http://www.reuters.com/article/idUSTRE6B15Q720101202?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FoddlyEnoughNews+%28News+%2F+US+%2F+Oddly+Enough%29
http://www.eweek.com/c/a/IT-Management/10-Office-Holiday-Party-Landmines-to-Avoid-%5B1%5D/
Nov
30
Beautiful Home Showcase – 2611 N Indian River Dr, Cocoa Florida
Please join us to preview this wonderful property on Thursday December 9th from 4pm to 6pm.
2611 N Indian River Drive cocoa florida
Oct
25
Pumpkin Hunting in Indialantic Florida
Fall time in Brevard county Florida is absolutely beautiful! While we do not really have the changing of the colors of the leaves like they have in the North, we do have lower humidity, and perfect days.
Also in the Fall comes Halloween. Behind Christmas, I would say this is my favorite holiday to see the kids have fun.
With three boys ages 3 and under, I greatly look forward to dressing them up in their costumes and taking them trick-or-treating. It has also been a tradition of ours to take them to 
St.Marks in Indialantic, Florida to pick out some pumpkins for the house. This year, like the others, the family had a great time.
The fall is also a busy time for those looking for Real Estate Treats! If you are looking for real estate, have a client looking for a home, or found a home 
and have questions on financing, please contact me today!
Oct
22
What to do if you have no credit? Secured credit cards and one way to establish credit
It is an age old catch-22; you can not get credit, because you do not have credit. Have you ever heard that before? Many people establish credit when they are very young by having a parent add them on to an account, or co-sign for a car or credit card. However, what if this is not the case for you? How can you establish credit, so that you may prove to a creditor that you have a history of paying your bills on time?
- Image via Wikipedia
One way to establish credit is to get a secured credit card. A secured card will work just as any other credit card will, however, these cards require a security deposit. So, if you start with a deposit, or security, of $200, the creditor will give you a $200 limit. If you pay your bill on time, after a while, some companies will even return your deposit, and increase your limit.
The goal here is to prove to the creditors that you are responsible with credit, so, it would be best to only charge a small amount each month, and pay your bill off monthly.
Now, it is also important to shop around when looking for a secured card as these cards come with different annual, monthly, or set up costs. Also, you want to make sure that the creditor reports to all three of the credit reporting agencies ie. Trans Union, Equifax, and Experian.
Again, good credit will save you many, many thousands of dollars over your lifetime, so it is imperative that you protect it. If you have any questions about credit, and would like to speak with an expert, please contact Joe Harris today.
One more thing!!!
Like everything else, there are lots of Secured Credit card scams out there. I have attached a link below to the Us Governments Federal Trade Commissions website below that has some great information on scams surrounding these cards. You may want to check this out before you shop for a card.
FTC Info On Secured Credit Card Scams
http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre25.shtm
Here are some links to some secured credit card options. Please remember that there are many options, and these only a few, so do your shopping!
https://www.wellsfargo.com/credit_cards/secured/
https://creditcards.citi.com/credit-cards/citi-secured-mastercard/
http://www.usbank.com/cgi_w/cfm/creditcards/secured/usb_secured_card.cfm
https://www.bankofamerica.com/credit-cards/marketinglist.action?context_id=marketing_list&category_id=2029
Oct
11
Beautiful Home Showcase – 2100 N Atlantic Ave #1208, Cocoa Beach
Please join us this Thursday from 5pm to 7pm to preview this spectacular Ocean to River View property!
Oct
05
Fannie Mae Foreclosures and the HomePath Mortgage
Fannie Mae Foreclosures and the HomePath Mortgage
Are you looking for a place to put your money?
Right now there is a record amount of money sitting in depository accounts, checking, savings, money markets, etc… earning little to no interest. Does this sound familiar?
So the question becomes, where do I put my money? Stocks seem risky, bonds look inflated, and gold is at record prices. Where can I put my money, where it can grow, and/or be backed by a tangible good?
Here in Florida, now is your chance to buy something, under market value, with minimal initial investment. Real Estate is a tangible good being priced very aggressively.
Given this information, consider this: If you have $20,000 in the bank you are probably making less than 1%. If you take that same 20k,use it as a down payment to buy a house, earn $100 over your mortgage, you will make a 6% return. You will also have someone else pay your mortgage, and grow equity in the property.
Fannie Mae has developed a great program to help sell off some of their inventory of foreclosures. An investor can purchase a HomePath designated Fannie Mae Foreclosure* with only 10% down; if you are looking to purchase as a primary residence, only a 3% down payment is needed.
Eligible Fannie properties require NO PMI, and currently have very low interest rates! Go to HomePath.com to get a list of homes. I can help you finance these properties, for more information, please contact me for additional details at Joe@joeknowsmortgages.com or 321-757-3570.
Highlights for available financing include:
• 97% financing for Primary Residences
• 90% financing for Second Homes and Investment Properties
• No appraisal required
• No mortgage insurance (MI) is required – although Fannie Mae price adjusters will apply
• Flexible mortgage terms – including fixed-rate, ARMs or the Interest-Only payment feature*
• Min 620 score for 80% or lower LTV
• Min 660 score for 80.01% and above LTV
• FNMA Desktop Originator/Underwriter® Approve/Eligible Required**
• Includes Condos as long as project has sufficient Fidelity, Master Hazard, and Flood (if applicable). HO6 “Walls in” Coverage also required
* The property must be designated on HomePath.com as eligible for HomePath financing. Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply.
Loading tweets...
