Mortgage Rates Fall

Fixed mortgage rates fell below 6% Tuesday during the short Thanksgiving week. Call to allpy 262-569-8675 or 414-416-9194 or email at wisconsinmortgages@gmail.com

Vietnam Memorial

The traveling Vietnam Memorial was in Delafield recently and drew a large crowd. The memorial is half the size of the memorial in Washington D.C.

Rates in 5s

30 Year Fixed Rate mortgages are now available from me in the 5s. Not all will qualify, however if you own a single family or duplex in Wisconsin and have a credit score over 64o with assetts and equity chances are you qualify for our best customers rates. CALL 414-416-9194

Mortgage News You Can Use

Mortgage rates remain attractive for home buyers. Fear of inflation is one large factor in increasing rates however. Credit has tightened but mortgages are widely available for anyone who can document income and has good credit. Mortgage markets are very volatile now and if you have been on the fence about whether this was a good time to buy the time is here. Contact a realtor, get pre-qualified and submit an offer before the selection available today is gone. To check daily rates feel free to go to www.glmcdirect.com or call me Pete Cannon at 414-416-9194 anytime.

Delafield and the Greater Milwaukee area are great places to live. For a free home search go to www.wihomes.com

Jumbo Loans Available

APPLY BY CALLING 414-416-9194

MORTGAGE NEWS

Our main web site is at www.mymilwaukeemortgage.com

Down Payment Grants Available

We are offering a down payment assistance grant for home buyers looking to purchase a single family home in Wisconsin. If you qualify you may be eligible for a low interest fixed rate loan up to 97% of the purchase price up to $315,000. To apply for financing and the grant contact Loan Officer Pete Cannon at Great Lakes Mortgage today at 414-416-9194 or email at wisconsinmortgages@gmail.com

Mortgage Rates Rising

Mortgage rates always rise faster than they fall. We have seen this repeated time and time again.
Friday after unemployment figures were announced and came in higher than forecast rates improved. The last two days rates have skyrocketed. If you are closing in the next few weeks and your loan is not locked we suggest you call your lender and lock it today.

JUMBO LOAN RATES IMPROVE

If you are in the market for a Jumbo loan the time is right. We have some exceptional rates currently on loan amounts up to 2 million. Call Pete Cannon today for any questions at 414-416-9194

Summer Weather has Arrived!

Summer weather and planting gardens and vegetables has arrived long overdue after an especially harsh winter. Stein Garden center in Oconomowoc was packed with people on Memorial Day. It was hard to find a parking spot as people enjoyed the 80 degree weather. Boat landings are filling up especially on weekends as people are anxious to to get on the water.

30 Year Fixed Hover Around 6%

30 Year Fixed Rates Remain Around 6%. Call for the most up to the minute rates. 414-416-9194

There Has Never Been A Better Time To Buy A Home

There has never been a better time to buy a home than today. Rates are low, selection is better than ever and Realtors are hungry to get deals done. Why buy at the top of the market and pay over the list price? Just like the stock market people buy at the wrong time. You buy when prices are low like now not when prices are high and getting higher. Many properties are selling below the tax assessed value. You will not see this opportunity for decades. Act now. Call a realtor. Get qualified from a lender today.

Yesterday we took an application for a purchase where they were able to buy the property for more than $85,000 below assessed value and comparable sales in the area. These deals are happening daily. Call us and we will show you.

30 Year Fixed Rate At 5.75% Today

A 30 year fixed rate is available at 5.75% today for borrowers over 700 credit score who can document income and have 20% equity in their single family home in Wisconsin.
No origination points would be charged. To apply call me today at 262-569-8675 or 414-416-9194 APR 5.88%

Delafield Is A Great Place To Live

Delafield, Hartland, Oconomowoc, Wales and Nashotah are a great place to live especially if you like living on or near a lake. Lakes like Pewaukee, Nagawicka, Nashotah, the Nemambins, Oconomowoc Lake, Lac La Belle and Fowler Lake are all within a 10 minute drive. If those lakes are not enough for you try exploring Beaver, Pine, Kessus, North and others. Many of the lakes have active yacht clubs if you are competitive and like to or would like to learn how to sail. Several local fishing organizations run tournments on area lakes. Some lakes are best for water sports like water skiing and tubing. Each lake has it's own unique quality which makes Delafield a great place to purchase a home. For a realtor who knows the lake area let us know and we would be glad to refer a few for you.

Home Equity Lines Of Credit At Low Rates

We offer home equity lines of credit at or below prime which is currently at 5.25%
To apply today call 414-416-9194 or 262-569-8675

FHA Lending Limits Increased

FHA lending limits for owner occupied properties in Waukesha County has increased to $315,000. FHA loans allow financing up to 97% of your home value at near conventional rates. FHA loans are a great solution for people with larger loan amounts on adjustable rate loans. To see if you qualify call 414-416-9194 for an application and appointment or email for more information at wisconsinmortgages@gmail.com.

Low Mortgage Rates- Milwaukee Area

Mortgage rates have dropped to low levels not seen for more than four years in the metro Milwaukee area for borrowers with good credit and equity. If you have a blance of $150,000 currently your payment on a 30 year fixed rate could drop more than $110 a month forever or for at least the life of the loan. This example is based on a difference between 6.5% and 5.375% Apply today! 414-416-9194

Mortgage Rates Drop

A 30 year fixed mortgage rate is now available for a limited time for 5.375% with an APR of 5.42% This rate will not last and not all will qualify. However if you have good credit and equity this rate can be yours for the life of the loan. Apply today. Call 414-416-9194 now.

FED SLASHES RATES

The Federal Reserve slashes a key rate Tuesday 75 basis points. Go to http://www.mymilwaukeemortgage.com for the full story.

How To Get Approved For A Mortgage

Gather 2 years of federal taxes, current paystubs, and a most recent profit and loss statement if you are self-employed. If you currently own a home find the folder with the documents from your last closing. Provide 2 months of bank and investment statements as well as a copy of your homeowners insurance. If you are renting provide a 12 month record of your rent payments. You may want to see your credit report before you apply. A score over 700 is considered good and often times enables you to receive the best rates and terms.

Meet or Beat Your Rate

If you are in the market to refinance we will meet or beat any written good faith estimate from anybody licensed to originate mortgages in the state. We will beat their rate by .125% or more. All you have to do is show us their written document with the rate quote and we will beat it. It is that simple. Not all will qualify. Call 414-416-9194 now.

Home Ownership Accelerator

Save thousands of dollars in interest on your mortgage. Pay off your mortgage in half the time. Increase your net worth. We offer this exclusive program to select clients who qualify. For more information contact Pete Cannon, Loan Originator at Great Lakes Mortgage at 414-416-9194 today.