REAL ESTATE LOANS IN ARIZONA

Kirk Shaw

I’m Kirk Shaw with Smart Mtg, an organization of Peoples Mortgage. If you are looking for real estate loans in Arizona, you’ve come to the right place. Financing your home is one of the biggest decisions of your life. I have been involved in the mortgage industry for over 20 years. My vast experience in overseeing underwriting, operations, production and pricing will help guide you through the mortgage process and provide you the best lending experience you can get. Please feel free to contact me to begin your qualification for a loan.

Are you Under Water on your Current Residence, Second Home or Investment Property? You will now have the ability to Refinance

HARP PROGRAM 2.0

The loan on the property is owned by Fannie Mae or Freddie Mac. To determine if you have a Fannie Mae or Freddie Mac loan, please go online to: http://www.fanniemae.com/loanlookup/ or https://ww3.freddiemac.com/corporate

No Loan to Value Cap for fixed rate loans.
Eligible Properties are Primary Residences, Second Homes and Investment Properties.
Current LTV must be > 80%
Must be current on your mortgage. No 30 days late in the past 6 months and one 30 day late in the past 12 months.
Loan must have been sold to Fannie Mae or Freddie Mac before May 31, 2009.

MLS/MLO: # 688963
Company:NMLS#: 6274
AZ License: 0918888
Company AZ License: # BK-0904164
Cell: (480) 390-1394
Office (855) 684-9900 Ext 2076
kshaw@smartmtg.com

Peoples Mortgage Company BK 0904164
3215 West Ray Road
Chandler, AZ 85226
Copyright © EservicesUS 2006-07

Market Commentary

Posted on May 17, 2012 by kirk

Thursday 5/17/2012

The bond market opened up flat today despite a weaker than expected economic report. The minutes of the last FOMC meeting was released late yesterday afternoon. The minutes did not reveal any major surprises but did indicate that there is concern about the economy. There was a hint that the Fed might be prepared to do something to boost economic growth if the economy does not pick up momentum. This renewed optimism about more stimulus coming from the Fed hepled improve bond prices late yesterday causing Lenders to improve their mortgage pricing.

There were two economic reports released this morning. The Labor Department announced that there were 370,000 new claims for unemployment beneifits. The second report was April’s Leading Economic Indicators. LEI fell 0.1% last month when it was expected to rise 0.2%. This shows us that the index is predicting flat economic growth over the next several months. This is good news for mortgage rates but unfortunately this data is not considered real important on today’s bond trading.

If I were financing a property, I would: Lock if my closing was under 60 days and float if my closing was greater than 60 days.

Real Estate Loans in Arizona

At Real Estate Loans, Kirk Shaw provides the Lending Services and Real Estate resources you need. Experience Counts!

Real Estate Loans

REAL ESTATE LOANS IN ARIZONA

Recent Posts

Market Commentary