Seaside Mortgage - Scott Sutton

Tips for improving your credit after a Bankruptcy.
December 20th, 2007 7:10 AM

Whatever you do if you reaffirm on any debt make sure to continue to pay those debts on time.  Most people we continue to pay a mortgage or car payment, so make sure you keep making those payments.

You need to establish new credit as quickly as possible!  Secured credit cards are available to you, even with a bankruptcy.  They will require you to deposit money with them in exchange for a creditline amount.  The bank is protected by the funds they have on deposit.  It will still report to the credit bureau, which will help you score.

Use your credit.  I cant say it enough, you want a balance on your creditlines to help show you can make timely payments.  You should ideally keep the balance below 50% of your maximum creditline.

Time heals all wounds and after 12 to 24 months you should see an improvement in you credit.

 

 


Posted by Scott Sutton on December 20th, 2007 7:10 AMPost a Comment (0)

Village of Imagine
December 13th, 2007 7:54 PM

Hello,

I wanted to take a minute to discuss a new opportunity in Orlando, called The Village of Imagine .  It is to be Orlando's ultimate residential resort. 

The Westin resort will be located in the heart of Orlando near the nations second largest convention center. 

It is an upscale 30 acre urban village, featuring luxury condo-hotel suites. 

To include over 40,000 square feet of commercial space designated for fine dining, boutique shops and authentic eateries.

First phase to feature 470 condominium suites and residences known as The Westin® Imagine Orlando Residences.

The Grand Imagine Hotel, designed in the Art Deco modernist style identified with Florida, will be the first facility opened at The Village of Imagine and will become the gateway to the southern entrance of The Village of Imagine which will feature an elevated connection corridor to the Orange County Convention Center.

We will be able to offer financing for the condo hotels and fractional share units.  Please call Scott Sutton, toll free at 888-473-0851 for more information or fill out an application online to get pre-qualified today!


Posted by Scott Sutton on December 13th, 2007 7:54 PMPost a Comment (0)

Fractional Ownership
December 12th, 2007 7:24 PM

Although fractional ownership properties are not a new concept, financing these properties is. In the past, buyers of these hotly-sought-after properties would use a second mortgage, on their primary home to pay for their ownership. Since some buyers did not want to tie up the equity in their primary home, or sell a piece of their stock portfolio, there was a void in the buying process.

Financing a fractional second home is just like financing your primary home. Moderate down payments are required, with choices from a 3/1, 5/1, 7/1 or 10/1 ARM. We also offer two interest-only products And, we offer refinances on properties with a 12-month seasoning since purchase.

Already own a fractional property?  Let us improve your terms or help you capture a little of that appreciation with a refinance.


Posted by Scott Sutton on December 12th, 2007 7:24 PMPost a Comment (0)

09/12 Market Update
September 13th, 2007 7:09 AM

Treasuries are down this morning as traders look for guidance in a slow news day. The stock indices also lack a clear direction and are currently hovering near unchanged levels. There are no major economic releases slated for today but there were a couple of minor ones. In industry news, the Mortgage Bankers Association said today that its application index rose last week by 5.5%. Both purchase and refinance applications made gains with the purchase index rising by 5.2% and the refi index by 6.0%.


Posted by Scott Sutton on September 13th, 2007 7:09 AMPost a Comment (0)

Market Update
August 23rd, 2007 1:13 PM
Thursday: 08/23/07: Treasuries began their trading session in the red but have recently moved up to unchanged levels as stocks failed to get a sizeable boost from positive news regarding the liquidity situation. The indices are currently narrowly mixed with the Nasdaq and S&P 500 dipping into negative territory. Stocks initially got a lift on word that Bank of America bought a $2 billion equity stake in Countrywide Financial, helping alleviate fears that the mortgage lending giant would not go bankrupt. An additional supporting factor for stocks is more Fed action this morning. The central bank made three short-term injections of cash into the banking system totaling $17.25 billion. This is another sign that the central bank is aggressively addressing the liquidity issue.

Posted by Scott Sutton on August 23rd, 2007 1:13 PMPost a Comment (0)

Friday Update
August 17th, 2007 11:24 AM

 

There is still a great deal of good loan product available for all types of borrowers.

FHA loans are a great alternative for buyers with challenged credit.  Loans are available up to 100% of the purchase price with a gift or grant from an approved agency. 

Up to 95% cash out is avialble on manufactured homes!

Call today for a free consultation.

 


Posted by Scott Sutton on August 17th, 2007 11:24 AMPost a Comment (0)

Buyer's Bonus Mortgage Program
May 22nd, 2007 12:46 PM

Hello,

I want to focus on a great new product available to clients purchasing a primary residence.

This program provides the following features:

  • 100% Financing
  • No minimum contribution
  • Six months seller concessions may be used to pay closing cost or pay up to six months of the buyers principal and interest payments.
  • 40 Year Option
  • Interest Only Option
  • Reduced Mortgage Insurance, almost half!
  • Easier credit qualification

This loan is targeted at low to moderate income borrowers.  However, in certain counties that requirement is waived, please call us for details.

Not all borrowers will be approved, all loans are subject to credit approval,  Premier Mortgage Funding, Inc is an equal housing lender.

 


Posted by Scott Sutton on May 22nd, 2007 12:46 PMPost a Comment (0)

Condo Closings
April 4th, 2007 11:18 AM

We are condo experts.

Give us a call today so we can give you a free evaluation of your situation.

If you have to close on a unit, one of our experienced loan officers can help you qualify.

Use a home equity line on your primary residence to get more favorable financing on your investment property.

Let us help!

 

 

 

 

 


Posted by Scott Sutton on April 4th, 2007 11:18 AMPost a Comment (0)

The ABC's of LLC's
March 8th, 2007 7:27 AM

Would You Like to Hold Title in Your LLC?

We Can Help!

Close in your LLC's name up to 80%.

There are many programs available; including the popular Power Option ARM.

Stated Income is also available in the program.

 

Call todayfor your free mortgage analysis.

 

 


Posted by Scott Sutton on March 8th, 2007 7:27 AMPost a Comment (0)

Free Appraisal Offer
February 28th, 2007 10:40 AM

Hello,

To celebrate the opening of the Foley, Al branch of Premier Mortgage Funding, inc., we are offering a free appraisal credit at closing, good for up to $400.  This credit may be used for any loan you close; purchase or refinance. 

We also have some new exciting products!

-100% Investement Property with stated Income.

-Close your next loan in the name of your LLC, up to 80%.

-Refinance your recently de-listed property with cash-out available

-Purchase a condominium with no size requirement.

All loans are subject to credit approval, Premier Mortgage Funding, Inc is a Equal Housing Lender.

 

 


Posted by Scott Sutton on February 28th, 2007 10:40 AMPost a Comment (0)

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