CarolinaMortgageConnection.com

Archive for February, 2009

If you are thinking about buying or selling a home in the Charlotte area, you may want to consider talking to The Ramsey Group. They just launched a new website www.yourcharlotteconnection.com to help buyers and sellers in the Charlotte area. The new site was just launched, and though it is still in “starter” mode, there are a lot of features, including a MLS home search and a Moving Center with a free moving truck!

So be sure to visit www.YourCharlotteConnection.com and check it out!

YourCharlotteConnection.com is a real estate website designed by Found By Design

Whether you have an FHA mortgage currently or a standard conventional mortgage, you have the option to refinance into a great FHA mortgage loan in Charlotte and save a ton of money!

One of the advantages of an FHA mortgage is the higher loan to value allowed. With an FHA mortgage, you can borrower up to 95% of the property’s value. For example, a home in Charlotte worth $200,000 could borrow $190,000 using a Charlotte FHA mortgage! With conventional mortgages, loan to value limits of 90% with no cash out and 75% with cash out can severely limit your options. An FHA mortgage in Charlotte allows much more flexibility in the amount you can borrow.

The other great news is in regards to interest rates for FHA mortgage loans. Charlotte is seeing tremendous rates and this even applies to FHA. Your new FHA mortgage rate could be much lower than your current mortgage saving you a ton of money!

So if you are considering refinancing your home in the Charlotte area, you should consider an FHA mortgage loan. Charlotte still qualifies for FHA mortgage limits of $271,050.00, so this means a lot of Charlotte homeowners could take advantage of this. Ask for more information today!

{{fha}}

What a year 2008 was! We in Charlotte didn’t get hit as hard, but we have felt the effects. While there has been a tremendous amount of bad news, one very good bit of news has come from all of this… now is the absolute best time to refinance your mortgage in Charlotte!

Charlotte mortgage rates are among the lowest we have ever seen! In many cases, refinancing your mortgage today could save you not only hundreds of dollars a month, but also thousands of dollars over the life of the mortgage! So refinance your Charlotte home mortgage today and start saving!

One of the concerns in refinancing a mortgage in the Charlotte area is property values. Since the amount you can borrow is based on the value of the property, this is a valid concern. And while property values across the nation have seen sharp declines, we are fortunate here. Property values here have seen minimal declines, meaning refinancing your home loan in Charlotte can be much easier that elsewhere!

If you have questions about refinancing your home loan, or would like to find out what mortgage rates in Charlotte look like today, please feel free to request more information. A Charlotte home loan specialist will contact you with the information you need.