Shane Hollenback: Academy Mortgage Red Mountain Branch Manager

June 18, 2010

Shane Hollenback is the branch manager of Academy Mortgage in Mesa, Arizona and discusses the Ten Day Close as well as other items.

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10 Day Close: Its Not Just Advertising

June 14, 2010

10 Day Close – It’s not just advertising! With only days remaining until their scheduled closing, my clients learned that their FHA loan would not be approved by a major bank because the property did not clear the 90 Day Flipping Rule.  Even though FHA disregarded those rules previously, major banks still have not softened. [...]

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Ten Day Close For A New Home From DR Horton

June 3, 2010

From: Another Happy Client Sent: Wednesday, June 02, 2010 9:36 PM To: Matt Long; Doris Martinez; Summer Hershey Subject: RE: Our New Home Wow! Our heads are still spinning. I have never perchased a house where everything came together so well or so fast! This is the sixth house I’ve bought in my lifetime, and [...]

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Good Reasons To Refinance Your House

May 19, 2010

One of the hardest questions to answer is “when does it makes sense to refinance your house”. Generally speaking, a mortgage is often the largest debt that a person has and so most people don’t take the decision to refinance or not lightly. Here are just a few of the common reasons that people choose [...]

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Scott Smith: Obtaining The Unobtainable!

May 18, 2010

From: Eva Potter Date: Mon, May 17, 2010 at 5:08 PM Subject: obtaining the unobtainable! To: Scott Smith May 17, 2010 Scott: Just wanted to drop you a note to thank you once again for all of your help in getting my home. When I went with Peoples Mortgage, it seemed like a never ending uphill [...]

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About Making Home Affordable-HAMP

May 18, 2010

The Obama Administration has introduced a comprehensive Financial Stability Plan to address the key problems at the heart of the current crisis and get our economy back on track. A critical piece of that effort is Making Home Affordable, a plan to stabilize our housing market and help up to 7 to 9 million Americans [...]

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Scott Smith Provides “Smoothest Closing In A Long Time”

May 6, 2010

One of the great things about working with experienced loan officers is that they are able to provide the highest levels of service to their clients. One recent example of a(nother) happy client was someone who worked with Scott Smith to finance their new home. Consider the email Scott recently received: Anderson Thank you From: [...]

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Foreclosure: How Long Do You Have To Wait To Buy A Home?

May 6, 2010

Many homeowners today face or have faced a foreclosure recently which can have a severe impact on one’s credit. How much of an impact? Well that depends but generally up until now it’s been up to 5-7 years for conventional financing. With that you can expect credit scores to drop well below the minimum credit [...]

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Flipped Property Rules: Buying or Selling a Flipped Property

May 6, 2010

Academy Mortgage can do loans for properties whose last purchase was less than 90 days ago. Many lenders have eliminated their program(s) that allow a buyer to purchase a home that has been owned by the current ownerfor less than 90 days. If you are the seller of one of these properties you will want [...]

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Real Estate Investing Site Reaches Milestone

April 24, 2010

Many of the people we work with are interested in real estate investing and when it comes to getting the right information from other people about what other real estate investors are doing, we commonly hear that they get their information from one site: BiggerPockets.com. This week, BiggerPockets.com announced that they had crossed the 50,000 [...]

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