first time homebuyer loan experts


    

   By getting you loan approved with us, you'll know how much you can afford and what negotiating power you will have.

                                      

Our "First Time Home Buyers" mortgage loans are in high demand because of the many advantages they hold for homebuyers. Among them, assumably, low down payments and liberal qualifying ratios and competitive rates . That is why over 60% of our business are from repeat business or referrals. 

  • Lower Monthly payments
  • In most cases, same day Approval letters
  • Lower Interest Rates
  • Minimum down payment products
  • Loans up to 100% for VA reciepients
  • In some cases- Non occupied co-borrowers Ok.

Network Funding, LP has originated and helped thousands of homeowners through the nation to own their first home. The difference between us and other banks is that we provide the service that First Time home buyers expect.

NEW!!! First Time home buyers: Until December  2009 you will be offered up to $8000.00 in tax credit, after you close on your home - Call us and ask us about this great offer.

Apply Today  If you do have poor creditwork with your creditors on establishing  a 12 month perfect payment history before applying for a mortgage 

  1. For the FHA "First Time Homebuyer Loan Limits" - click here  
  2. Looking to purchase a home in a Specific USDA approved County - look at our USDA 100% No Down Payment Loans.
  3. Review "Down Payment Grants" that may be available to you -click here
  4. Have you though of buying a HUD Repo? You will be surprised at the homes that are for sale- Click here

Get Approved on your Home Loan today!!!! 

   


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In tough times, how to score a better mortgage deal
7/23/2010 11:00 PM
Call it the great real estate disconnect of 2010: Mortgage rates have been at half-century lows and home prices have stabilized, but applications for mortgages have declined most weeks during the past three months, as measured by the Mortgage Bankers Association....Read More
 
To boost quality, Fannie Mae calls for experienced appraisers
7/9/2010 11:00 PM
Picture this: You've signed a contract to sell your house. Your buyers say they have nailed down the right mortgage. All is well. But then the appraisal comes in low -- $25,000 to $50,000 under what was agreed upon in the contract....Read More
 
Strategic defaults give mortgage lenders challenge: those who can pay but don't
7/2/2010 11:00 PM
With tougher mortgage underwriting rules a virtual certainty under Congress's financial reform legislation, lenders have begun confronting still another vexing issue: Can homebuyers who have high credit scores be trusted not to pull the plug -- strategically default -- when the economy hits a rough patch and home values tank?...Read More
 
Kenneth Harney: Foreclosure alternative gaining favor
6/25/2010 11:00 PM
Short sales have been the hot solution for financially stressed homeowners and their lenders for the past year, but here's another potent foreclosure alternative that's about to take center stage: deeds in lieu.
Read More
 
FHA to make reverse mortgage less forgiving for seniors late on taxes
6/18/2010 11:00 PM
Here's a sobering message for anyone who has a federally insured reverse mortgage or plans to apply for one: If you don't pay your local property taxes or hazard-insurance premiums, the risk of losing your house to foreclosure is about to increase....Read More
 
HUD is asking a lot of questions about 'required use'
6/11/2010 11:00 PM
The Obama administration wants to stir the pot on a highly contentious issue involving homebuilders and their customers: the legality of the discounts, rebates, closing costs, upgrades and other lures that builders often dangle in front of buyers -- but only if they agree to use the builder's affiliated mortgage lender....Read More
 
Consumers stand to gain the most from financial overhaul
6/4/2010 11:00 PM
Though the Wall Street and banking features of the giant financial industry overhaul bill taking shape on Capitol Hill have drawn most of the attention, home buyers and mortgage applicants should be major winners when the legislation is finally signed into law, probably early next month....Read More
 
FHA plans to halve mortgage loan's 6% seller concession this summer
5/28/2010 11:00 PM
One of the key attractions of FHA mortgage financing is going, going -- but not quite gone. Sellers and buyers who move fast can still make the most of it.
...Read More
 
Anger at the root of mortgage default problem, study finds
5/21/2010 11:00 PM
Memo to the bank: Take this money-sucking, underwater house and shove it! Go ahead and wreck my credit for years to come. I'm walking away, no matter what....Read More
 
Applying for mortgage? Starting June 1, you could face another credit screening
5/14/2010 11:00 PM
If you're thinking about applying for a home mortgage, here's some important news: Beginning June 1, your lender is likely to order a second full credit screening immediately before closing....Read More




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Interest rates, terms, loan programs and other information are subject to change without notice. Full disclosure of product terms and conditions is provided upon request. Network Funding, LP makes no express or implied warranty regarding the information or data presented on this web site, and hereby expressly disclaims all legal liability and responsibility to persons or entities who use or access this web site and its content, based on their reliance on any information or data that is available through this web site. PLease call 800.772.1193 extention 706 if you have further questions about this site or about any mortgage program changes.

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