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Peoples Choice Home Loan Mortgage

Iowa Home Buyers Face Tough Loan Process  The way Iowans apply for a mortgage has changed dramatically over the past year. It used to be home buyers were able to pick out their home, walk into a mortgage office or bank and walk out with a loan.

Down payment assistance ending for some home buyers  SOUTH BEND — A big piece of the federal mortgage loan program is ending in October, and it could affect home buyers who need help the most.

Advocates urge relief for loan fraud victims in Florida  With Florida's mortgage industry reeling from its worst crisis, two statewide organizations are pressing lawmakers to restore a program to reimburse people ripped off by crooked loan brokers.

Mortgage rates drop, and demand goes up  The phones are busy at local mortgage companies. The average rate for a mortgage loan dropped suddenly two weeks ago after the government stepped in to take over mortgage giants Fannie Mae and Freddie Mac, and for much of last week, buyers could get loans under 6 percent.

Enterprise's Multifamily Mortgage Finance Team Closes Its First USDA Section 538 Rural Development Loan   Enterprise Community Investment, Inc., a national leader in affordable housing finance and community development, today announced the closing of a U.S. Department of Agriculture USDA Section 538 Rural Development loan, providing $1.1 million in financing for Meadowlane Apartments in Milton, Vermont. The financing is part of a $6 million renovation of the property by The Housing Foundation, ...

Mortgage Lending Halves In Month  Mortgage lending halved during August and the number of home loans slumped to a record low, latest figures show.

Credit crisis hit close to home  The mortgage crisis has caused many home values to drop and that means disappearing equity and home equity lines of credit.

Economic shifts affect mortgage terms  U.S. mortgage rates are dropping. Good luck getting a loan.

The Pain of Selling a Home for Less Than the Loan  Instead of writing off an unpaid portion of a mortgage debt, banks want homeowners to sign a note promising to pay some or all of the balance due after the home is sold.

Mortgage Crisis Hits Home In South Mississippi  As the financial wheelings and dealings of the mortgage industry continue to be uncovered, Peoples Bank Vice President of Mortgage Banking David Holman has watched and readied his company to respond.