Wednesday, December 3, 2008

NO Shortage of Mortgage Money Here!

Contrary to what you might have heard, there is no shortage of mortgage money in this country! In fact, there is probably more money available now, than at any time in the history of the world. A simple estimate would be more than a TRILLION DOLLARS is waiting for people to use to purchase new homes by either FNMA, FHLMC, FHA, VA, not to mention the almost endless supply of private money worldwide.

What has taken place is the almost free ride in lending is over. Borrowers now need to have down payments and be employed. Yes, you have to be able to pay back the money you borrow. You can’t go out and buy ten or fifteen “Primary Residences” and just provide a copy of a lease signed by your brother in law so you can go purchase house number sixteen.

You also have to have some kind of history of actually paying your bills and earning a living. All that aside, never has it been a better time to buy a home.

Yes, I said it; there may have never been a better time to purchase a home! Just look at the facts:
1) Are we closer to the bottom of the housing market than at any other time in recent memory?
2) First time home buyers tax credit of up to $7,500 for qualified borrowers.
3) Interest rates near historic lows.
4) Purchase programs for as little as $100 down.
5) 100% CLTV on FHA loans with family second lien.
6) Plenty of homes in inventory.
7) Tax credits.
8) Foreclosures available.
9) Short sales available.
10) And one really outstanding mortgage professional available to share with you just how easy it is to close your deal quickly and easily.

So while the era of wild and sometime out of control lending is over. If you are qualified to own a home, you can do so on really attractive terms!

For more information, please call:
Tim F. Epps
(918) 528-4010

Our Mission is...
To help anybody and everybody fulfill the American dream of home ownership.
To provide our clients with the best possible customer experience through outstanding service.
To help borrowers overcome roadblocks that can arise while securing a loan.
To offer the most competitive loan program tailored to the individual borrower.
Fairway Independent Mortgage, located in Stillwater, Oklahoma City and Tulsa, provides the right financial solutions for our clients to allow them to accomplish short-term and long-term financial plans, as well as, their short-term payment and equity objectives.
Throughout the interview process, we analyze current financial situations, establish the financial goals and then find the right mortgage solution. Once a decision has been made on the loan program, Fairway works to expeditiously close the transaction with the least amount of inconvenience and with the highest possible degree of client satisfaction.
Our goal is to become our clients’ mortgage lender for life. We want to provide a “one stop shop” for all future financial needs and endeavor to do the same for friends, family members and co-workers referred to us too.
Fairway is dedicated to helping anybody and everybody fulfill their American dream of home ownership.
With Fairway Independent Mortgage, you can expect:
Fast Answers...
We will quickly review all of the variables and outline your options.
Professional Approach...
We will handle each and every loan with the highest integrity and accuracy.
Local Processing...
We process your loan on-site for speed and convenience.
Competitive Rates...
FAIRWAY offers all types of mortgage financing at the lowest rates available.
Top-tier Customer Service...
We serve our customers with honesty, integrity and competence.

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