Pittsburgh Mortgage and Real Estate Blog

When you finance a conventional mortgage with Jerry Pounds at Chase Home Loan’s office in Pittsburgh. Jerry will keep the numbers simple as he explains the three areas of cost in purchasing a home. Let us talk about the three areas of cost:
1. The down payment.
A potential client could literally […]

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Quote of the day
“Obstacles are those frightful things you see when you take your eyes off your goals.”
Product for the week
I have seen a real increase in my personal use of the Freddie Mac 100 program. This program does not have an income limit, allows for 3% seller assist, and there […]

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Quote of the Day
“Don’t wait for your ship to come in, swim out to it.”
Product for the week
I am very excited to announce that Chase Home Loans Pittsburgh has been chosen to pilot an exciting new loan program. With the Federal Reserve under so much pressure to lower the prime rate, […]

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Quote of the day
“When we have done our best, we should wait the result in peace.” J. Lubbock
Product for the week
Back by popular demand…I have desk calendars for 2008. Please email me your address that you would like me to mail a calendar and I will get it out to […]

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Quote of the Day
“There is one thing stronger than all the armies in the world, and that is an idea whose time has come.” Victor Hugo - I really like this one for many reasons…keep reading.
Product for the week
Let us talk about one of my favorite lending topics - Condominium Lending!! […]

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Quote of the day
“Failures are divided into two classes-those who thought and never did, and those who did and never thought.” John Charles Salak
Product for the Week
Well this is a product that I am proud to say we excel with Chase. It is our amazing customer service. I have […]

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Quote of the Day
(I really like this one considering the “state” of real estate.)
“Adversity reveals genius, prosperity conceals it.” Horace
Product for the week
Have you heard about the First Front Door Program? If not let me get you familiarized with it. Chase is an approved bank that is able to […]

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Quote of the Day
Good intentions are no substitute for action; failure usually follows the path of least persistence.”
Product for the Week
Chase has redefined what we will also consider a second home. If you have a parent wanting to buy a “kiddie condo” or you have a child that wants to […]

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Congratulations! You’re about to become a homeowner. The closing is when the finalized loan documents are signed, and the mortgage funds are disbursed.
How to ensure a successful closing:
Fulfill conditions.
Fulfill any conditions specified by the Underwriter at the time of your loan approval.
Obtain homeowner’s insurance.
This required insurance protects you against loss or damage due to […]

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So you’ve found a home and your offer has been accepted by the seller. Now I wiill assist you with the details of finishing the application and closing on the home.
Here is what happens next:
Review Everything
I’ll review your information, confirm with you your intent to apply and request required documentation to begin processing your application.
Process […]

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