All lenders will must must verbally verify employment within five (5) business days (salaried)/fifteen (15) business days (self-employed), prior to closing (Note date), as Required by Fannie Mae and FHA Guidelines. If a disaster incident occurs after the Verbal Verification …

Underwriting Tip – Re-Verification of Employment & Income Read more »

Prizes: Participants with completed game cards 6. will be entered for two chances to win a $500 shopping spree for use at any Shop Local
Raleigh member businesses!

While many Realtors and Developers say about other communities Heritage actually backs that up with irrefutable data! Don’t take my word for it, just check out the Triangle Area Residential Real Estate Report which for May 2011 sales…Read More

Recently the word Republican, like “Banker” has been used interchangeably to disparage and slander (and is often incorrect) my business but what made this stand out to me was how he said it. It was almost as if it was a disparaging remark and he was sorry for having used it!

Due to the recent crisis of confidence by mortgage investors the zero down-payment loan programs disappeared faster than a keg of beer at a frat party!  Apart from VA and USDA Rural Development loans there are very few true 100% …

Loans for First Time Home Buyers Read more »

Inflation Higher There was a lot of volatility during the middle of the week, but mortgage rates ended nearly unchanged. Weak manufacturing data offset higher than expected inflation readings. Similarly, increased social unrest in Greece early in the week was …

Inflation Higher Read more »