If your mailbox looks anything like ours, you are getting between 5-10 mailers a month about refinancing your mortgage.  Then you turn on your TV and hear about foreclosures, subprime mortgage companies and even some major lenders going out of business?

What to think about all this?

If you get an offer in the mail, and want to know what it means, feel free to give me a call at 443-802-6864.  And remember the adage, if something seems to good to be true, it probably is.

As for the market as a whole, we are definitely in a turbulent time, both in the mortgage market and stock market.  Guidelines on certain types of loans have certainly changed.  But if you are in the market or planning on being in the market for a mortgage soon, know that the majority of loan guidelines are unchanged. 

Most of the changes being made are to make sure that loans are not defaulted on in the future.  There are HUNDREDS of loan programs and it’s my job to find the one that is right for your needs!