video explores the power of pre-approval home loans


Why You Can’t Overlook a Home Loan Pre Approval
Are you looking to buy a new apartment or home but you don’t know how much you can borrow? Are you confused and not sure which home loan solution is right for you?
There are so many banks and brokers out there and it can be daunting to try and find the best solution. You’ve got no idea where to begin or how much you can borrow. You may not want to go into a bank for fear of them doing the hard sell and pushing you into something you don’t want.
Imagine getting a personalised home loan pre approval service that considers your unique needs and suggests the perfect home loan for you. No shopping around, no waiting in bank queues to speak to the 4th home loan manager that day, just a clear and concise personal report identifying how much you are pre-approved to borrow and from whom. You can then start looking for a new property with confidence and reassurance.
Pre Approve My Loan offer a unique service that hundreds of individuals just like you have taken advantage of to get a secure idea of how much they can borrow. This is what we do:
• Facilitate the first stage in the mortgage application process
• Follow up with a personalised one-on-one service and complete a customer needs analysis
• Match your required loan criteria with current loan offerings in the market
• The core online service starts with data collection, loan assessment and then results in a written pre-approval certificate or loan decline.
We can help you get a loan pre approval fast. Simply fill out our home loan pre approval application here and we will get back to you with a personalised one-on-one response shortly. To get a great home loan pre approval visit http://www.preapprovemyloan.com.au/Forms/_application/Investment.aspx

great interview with Mortgage Advisor in Milwaukee

Joshua Bucio is a local Mortgage Advisor in Milwaukee, WI and he has helped thousands of underwater homeowners refinance their mortgage. There is now a mortgage program that will allow homeowners with little equity, no equity or completely underwater refinance their mortgage into a lower interest rate.

The new program is called the HARP 2.0 refinance program. Many homeowners have taken advantage of the very low interest rates and refinanced with the HARP 2.0 program.

Here are some frequently asked questions to help people know if this program can help them refinance.

Does my mortgage have to be with a particular lender or servicer?

No. The HARP program only requires your mortgage to be backed by Fannie Mae or Freddie Mac. It does not matter which lender services your mortgage (who you make your payments to).

Does it matter how long I have had my mortgage?

Yes. Your mortgage had to be accepted by Fannie Mae or Freddie Mac before June 1, 2009. Typically, if you closed on your current mortgage in April of 2009 or earlier, you most likely will qualify, because it would have been accepted by Fannie Mae or Freddie Mac in time.

How do I know if my mortgage is with Fannie Mae or Freddie Mac?

Go to http://www.milwaukeeharprefinance.com and we will look this up for you. We do this for free and we do the homework to make sure you qualify for this program.

Does it matter how little equity I have or how far underwater my mortgage is?

No. There is no limit to how far underwater you are, but you cannot have more than 20% equity in the home.

What if I have a second mortgage or home equity line of credit?

That’s ok. We will keep your second mortgage or home equity line of credit open by requesting a subordination from the current lender. You cannot payoff your second mortgage with the HARP program.

What if I have mortgage insurance (aka PMI) as part of my payment?

That’s ok. Your current mortgage insurance payment will be transferred to your new mortgage payment. This will not prevent you from qualifying.