Being an FHA licensed Longwood mortgage company, we at Trinity Mortgage feel honored to offer our First-Time Home Buyers with Longwood Government-backed FHA programs that can truly provide for the American Dream of home ownership. With low down payment requirements, competitive mortgage interest rates, flexible credit history guidelines, and common sense underwriting practices, FHA mortgage [...]

Phew – I am sure glad the last blog-post subject line had a question mark in it! Guess what disappeared… the mortgagee letter that was on HUDs website about this ability to “use the $8000 First Time Home Buyer Tax Credit” – yeah… its gone! As of today you can not use the tax credit [...]

Is Zero-down back for Lake Mary’s First Time Home Buyers?  Could be.  This is the next best news to working with Florida’s #1 FHA Mortgage Broker.  This info was released right at the close of business yesterday – getting it to you ASAP! Hot off the press! 4:47 PM ET -  Shaun Donovan, secretary of [...]

Can I Do My Own Orlando Loan Modification? The short answer is yes; you can do your own Orlando loan modification. If you are an avid do-it-yourselfer [DIY], and are willing to dedicate the time, energy, and effort, you can do your own loan modification. One thing to understand upfront, though, is simply because you [...]

3 Main provisions of the 2009 economic stimulus plan that benefit Orlando Real Estate Buyers and Owners. Benefit #1 — Expansion of Home Improvement Tax Credit The tax credit for making energy efficient home improvements is now 30% of the cost of the improvements up to a maximum of $1,500. This means that if the [...]

The Super Bowl Weekend [wow, what a game - huh?] traditionally marks the start of the Lake Mary real estate Spring Buying Season. Anecdotally, Lake Mary real estate agents will tell you that buyer activity tends to tick higher at this time of the year… and I tend to agree. I have seen a definite [...]

Longwood real estate and mortgage rate shoppers – beware.  When it comes to low mortgage rates, you can’t always believe what you read in the papers, get in your mailbox [as you go through your mail standing over the garbage can] or hear on TV. Or, for that matter, what you see in official looking [...]

FHA Loans + $7500 Tax Credit + High Inventory = Orlando Real Estate Deals Phew – Made it through the holidays, and day-to-day life is setting back in. I love Christmas, for me it helps pull everything back into perspective for an approaching New Year. So now that the lights are back in the boxes [...]

Okay, so the subject line is long – but, believe it or not I cut it short. It could have been, “First Time Home Buyers can couple $8000 Tax Credit and Low Interest Rates and high inventories to buy Longwood Real Estate” We are seeing an unbelievable ‘perfect storm’ for buyers! Beware though – when [...]

Well Good News for Lake Mary mortgage rates! The Federal Open Market Committee [maybe we will just call them the FED] voted to cut the Fed Funds Rate by at least three-quarters percent Tuesday. The benchmark rate now rests in a range of 0.000-0.250%… and no, that doesn’t mean your mortgage will be at 0%. [...]