Wednesday, March 30, 2011

Heroes come in all Shapes and Sizes

Please come and visit my friend Nicole Arbelo's website "K9 Heroes" and read about how she supports our K9 Heroes and our Troops overseas. She has been an inspiration to me.

Thanks Nicole for letting me share.


Benefits of Home Ownership

Buying a home provides a place where you can say, “This is
mine.” A home lets you put down roots and build equity in
a place of your own.

If you have a growing family, you may be ready to get into a
home that accommodates a different lifestyle. Even if you are
an empty nester, you may want to experience a different lifestyle
in the country or move back to an urban environment.

Ask me how!!!

Suzanne Harman
VA Mortgage Specialist
FAIRWAY Independent Mortgage Corp.

Monday, March 28, 2011

Wounded Warrior Project

What a great organization! Please go to their website for more information. For all VA mortgages referred to me, I will be making a donation to WWP at the time of mortgage closing.

How would you like to be in that new house in less than 30 days?

Thought VA Home loans used to take forever to close??? Those days are over. I can get your VA Home Loan closed in 30 days or less!!

Ask me how....

Suzanne Harman
VA Mortgage Specialist
FAIRWAY Independent Mortgage Corp.

Saturday, March 26, 2011

Operation Heroes And Hounds Matches War Veterans With Death Row Dogs

Operation Heroes & Hounds' presents injured members of the United States military with the unique opportunity of coaching and living with shelter dogs. The focus of the program is on personal transformation through The Loved Dog™ method, a playful and nonaggressive approach to canine coaching. Both service members and shelter dogs learn a new set of skills that will make a positive impact on their future.

Operation Heroes & Hounds participants include "the walking wounded" of the United States military suffering from non-visible ailments such as post-traumatic stress disorder and traumatic brain injury. Shelter dogs selected for the program are in need of behavior modification through the kind, nonaggressive teaching of The Loved Dog method. Together, they can heal their emotional wounds while gaining new life skills.

Check out Tamar Geller's Site.

Friday, March 25, 2011

Need a lower interest rate?

If you currently have a VA loan on your home, you can refinance
for a lower rate using a VA Interest Rate Reduction Loan, or IRRL.

A VA IRRL allows you to get a lower interest rate on a current VA
loan with no out-of-pocket closing costs.

Benefits of a Streamline Refinance,

> No out-of-pocket costs
> No monthly mortgage insurance
> No income or credit check to qualify
> Only .5% funding fee on all interest reductions

Contact me, I can show you how!

Suzanne Harman
VA Mortgage Specialist
FAIRWAY Independent Mortgage Corp.

Wednesday, March 23, 2011

Are You Eligible for a VA Home Loan?

Generally speaking almost all active duty and honorably discharged service members are eligible for a VA Home Loan. Here are just a few criteria for eligibility:

- Served during wartime (as defined by the VA) for at least 90 consecutive days

- Currently on active duty after 90 days of active service

- Served 6 years in the Reserves or National Guard

- Spouse of a deceased veteran who died as a result of their active service, or
a service related injury and are Not Remarried.

- U.S. Citizen who served with an allied country during WWII

If you can say "yes" to any of the above, then you may be eligible for a VA Loan! Still not sure? Contact me!

Until Next Time,

Suzanne Harman
VA Mortgage Specialist
FAIRWAY Independent Mortgage Corp.

Tuesday, March 22, 2011


If any military first time home buyer that has been deployed outside of the from Dec. 2008 to May 1st 2010 and have served 90 days or more. You are eligible for the first time home buyer credit. That means you are eligible to receive up $8,000 home buyer credit that doesn't need paid back!!!! With really low home prices and very low mortgages rates this a great opportunity to spread the word. You would need to be under contract by March 31st 2011 and settle by June 30th 2011..

Please pass this along to our heroes that serve this great country and let them know that this is available to them as well!!!

Home Ownership Benefits for our Veterans

Check out some of the fabulous advantages of obtaining a Veteran Administration Home Loan! Advantages of VA Home Loans

Buying or refinancing a home is a very important decision. Almost as important as selecting the right home is making sure you are selecting the right loan. There are distinct differences between VA and Conventional loans as well as significant advantages for buyers who qualify for a VA Loan.

Down Payment - VA Offers $0 Down

Conventional loans require a minimum down payment of 3% but in many cases, particularly in today's market banks are asking for as much as 10-20% down. Down payments help to mitigate the bank's risk should the loan go into default. Because a VA Loan is backed by the federal government, banks do not require a down payment making a VA Loan one of very few loan programs that can still offer 100% financing.

Monthly Payment - Save Big Every Month with VA

Because the loan is backed by the government, banks do not require PMI (private mortgage insurance), an added monthly expense required for conventional loans where the borrower finances more than 80% of the home's value.

Lenders will also offer a slightly lower interest rate to a VA borrower (typically 0.5%-1.0% reduction vs. conventional). Interest rates are based on the banks capital risk should the loan go into default, but because a VA Loan is backed by the government the bank takes less risk and is able to offer a lower interest rate to you. A lower rate combined and no PMI can substantially lower your monthly payment, which means more cash in your pocket every month.

Qualification Standards - VA is More Lenient

The credit score and qualification standards for each loan type are very different. Once again, because the loan is backed by the government, banks assume less risk and have less stringent qualification standards for VA Loans making them easier to obtain especially in this market.

Live Almost for Free

If you are active duty you can live almost for free because many times your allotted BAH can cover the mortgage payment. So you live almost for free while enjoying the tax benefits of homeownership.