Lenders Lower FICO Score Standards, Help Home Loan Hunters

Lenders have a bit of a Mona Lisa smile as spring home loan shoppers begin to house hunt in Florida.  According to the Mortgage Report, “it looks like mortgage Lenders are loosening their credit standards a bit.”  The relaxing of the standards can be traced in Ellie...

Passionate House Hunter: Beware of Obsession

Somewhere in between the logic of demographics and the stalking skill of the big game hunter, lies the fine art of the passionate house hunter.  This particular type of house hunter, the passionate one, is often misled into a search for the “perfect” house.  ...

OPTIMISM SHINES AT WINTER PARK MORTGAGE COMPANY

Optimism sparkles like Fresh Fall Florida sunshine here at Palm State Mortgage Company in beautiful Winter Park, Florida.  Our optimism is justified because of the new statistics for housing sales in July and our recovering economy in general.  Around here, we can not...

Jobs Report: News or Blues?

At Palm State Mortgage, we know that just about everyone including mortgage seekers, reacted to May’s poor labor report.  It was the week’s big financial news and we saw a whole range of emotional responses from shock and awe, to fear and deep blue depression. ...

Save Stress: 7 Steps to House Buying Part 2

Palm State Mortgage opened this topic in last week’s blog. You might want to read or review that Part One before continuing today on Part Two. Although we hope you will read Part One again, we will quickly review how to save stress with our 7 Home Buying Steps, Part...

House Hunter’s Quiz!

Palm State Mortgage has noticed in recent research that the home shopping season has started early this year.  It is no secret that economic growth is slated to continue recovering this year. This week Fannie Mae’s economic and strategic research group, stated,...