by Jon Boyd | Apr 2, 2023 | Mortgages
I’m afraid the new Loan Level Pricing Adjustment (LLPA) for 2023 are going to cause a lot of problems in the next couple months. There is a whole new adjustment based on a buyers total Debt-To-Income (DTI) ratio. So if a buyer’s DTi is at 39% when they... 
by Jon Boyd | Feb 26, 2019 | Mortgages
If you are curious about what kind of downpayment help might be available for you, we have a service that will search the various current Michigan programs available. We have helped quite a few buyers over the years with the different assistance programs. They can be... by Jon Boyd | Mar 31, 2016 | Buyer Agency, Home Buying, Home Ownership, Mortgages
As an Exclusive Buyer’s Agent office we show a lot of property. And, we get opinionated. This month I seem to be running into a lot of listing agents who are happy to tell me over the phone what a wonderful large or deep lot their listing has, but then they are too... by Jon Boyd | Jan 31, 2016 | Buyer Agency, Home Ownership, Mortgages, Moving, Uncategorized
It sounds like some incoming physicians doing their residency here have been receiving bad information about available mortgage options. The mortgage market has changed dramatically over the last two years. There are now only about a half dozen zero downpayment... by Jon Boyd | Jan 31, 2016 | Buyer Agency, Home Buying, Home Ownership, Mortgages, Moving, Uncategorized
The national association most of the top buyer agents belong to (naeba.org) just posted this press release: AVONDALE, Ariz., March 31, 2009, /PRNewswire-USNewswire via COMTEX/ — As fewer transactions are split up between a relatively fixed number of real estate... by Jon Boyd | Jan 31, 2016 | Buyer Agency, Home Buying, Home Ownership, Mortgages
It is funny how much we depend on technology in the Ann Arbor real estate business these days. About an hour ago I started having problems with our MLXchange system. (That is the database of property used by the Ann Arbor Area Board of REALTORS.) Today the MLXchange... 