Indiana Real Estate Post

Money For Rehab / Finance an Unlimited Number of Investment Properties

Are you looking or know someone trying to purchase investor properties?  Have they told you that most lenders will only allow 4 mortgages and then there are a few that allow up to 10.  Well let me tell you about my new Investor Edge Program. Did you know we have a new player to the Indianapolis Real Estate Market?  Redfin is opening in Indianapolis.  This Seattle based realty company offers discounted listing fees for customers selling their homes and more frequent updates of listings on the internet.  Redfin differs from traditional realty firms by charging lis...

December 9th, 2014 | The Indiana Mortgage Guy, Indianapolis Realtor, FHA 203k Streamline, HUD - FHA Financing Programs, Featured Loan Programs, Money For Rehab / Finance an Unlimited Number of Investment Properties

Fannie Mae HomePath Loan Program

Find foreclosed properties by FannieMae that are listed for sale at

June 6th, 2014 | Featured Loan Programs, Mortgage Info, Fannie Mae HomePath Loan Program

New HUD Program

The FHA has made it drastically easier for once-struggling homeowners to qualify for an FHA loan. The Federal Housing Administration has announced in Mortgagee Letter date August 14, 2013 that it will reduce the time homebuyers must wait after a bankruptcy, foreclosure or short sale before qualifying for an FHA-backed mortgage. The period had previously been two years following a bankruptcy, and three years following a foreclosure or short sale. The agency has now reduced the waiting period to one year.       "FHA is finally getting something Right and recognize...

August 22nd, 2013 | Featured Loan Programs, HUD - FHA Financing Programs, Indiana HUD Info, New HUD Program

Make your payments on time and you still can lose your home to Foreclosure

Check out the link below and get the whole story from RealEconTV.   You don’t have to be in the far out country side to use USDA Loans.  Check out the link below to see where these loans can be used. For more information about USDA Rural Home Loans contact me……Ken Blaudow “The Indiana Mortgage Guy”      

February 19th, 2013 | Mortgage Info, The Indiana Mortgage Guy, Featured Loan Programs, USDA loans, Make your payments on time and you still can lose your home to Foreclosure

Fannie Mae HomePath

Indy Mortgage Teams with HomePath Features: No MI Required No Appraisal Required 3% Down Payment For Owner Occ 10% Down Payment For 2nd Home 15% Down Payment For Investment Prop Up To 6% Seller Contributions Allowed 660 Min Credit Score (Owner Occ) 700 Min Credit Score (Investment Proop) HomePath Program was created to offer financing for Fannie Mae owned properties that are a result of a prior foreclosure.  To be eligible for the program, the property must be listed on the HomePath website.

June 4th, 2012 | Featured Loan Programs, Fannie Mae HomePath

Combined/Hybrid ARMs

Combined/Hybrid ARMs are a combination of fixed rate and adjustable rate loans: Fixed-Period ARMs Borrowers often lock into 3 to 10 years of fixed rate payments before the initial interest rate change. At the end of the fixed period, the interest rate adjusts annually. Fixed-period ARMs are typically tied to the one-year Treasury securities index: 3/1, 5/1, 7/1 and 10/1. ARMs with an initial fixed period beside of lifetime and adjustment caps usually have also first adjustment cap. It limits the interest rate you will pay the first time your rate is adjusted. First adjustment caps vary ...

April 16th, 2012 | Featured Loan Programs, Combined/Hybrid ARMs

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McCordsville, Indiana 46055
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