Currently viewing the tag: "Carrie Guarrero"
I had the awesome pleasure several years back of sitting around a table with a handful of Cornerstone Managers discussing the future of our company and it’s vision for the future. The discussion was lively and the participants were all passionate about us being “The Lender You Can Trust”. Delivering on each and every word of our Vision and Values was a key part of our dialog. I am proud to say that I can attest to the reality of that discussion. We deliver what we promise. They aren’t just words on a plaque or in a frame. They are who we are and what we do, every day.
2011 is our year to “give back,” and a portion of earnings from every loan that funds with our team will go to one of the 3 different charities that we support here at our Cornerstone Mortgage Company, Burnsville office. This ambitious goal will allow us to provide hope, strength and joy to Minnesotans and their families.
Cornerstone Mortgage Company had the lowest refinance rate among reporting lenders in the second quarter 2010.
Current interest rate: 4.125%
Program Eligibility
• Must be first time homeowners OR has not owned a primary residence in the last three years.
• Existing single family homes, townhomes, condominiums or duplexes in Dakota County are eligible.
• New construction is eligible in Apple Valley, Burnsville, Eagan, Empire Township, Farmington, Hastings, Inver Grove Heights, Lakeville, Mendota Heights, Rosemount, South St. Paul, Sunfish Lake and West St. Paul.
• Homebuyers must occupy the home as their primary residence after purchase to be eligible.
• 620 minimum credit score.
With all the recent news about H.R. 5981, I thought I’d share that we now have through the entire month of September before the change will take place with FHA mortgage insurance premium fees. It will effect new case numbers on or after October 4, 2010.
From May to 2009 to May 2010, there was a 15% increase in closed sales. From June 2009 to June 2010 the number flip flopped to a 12% decrease in closed sales, sitting at 71 closings last month. YTD that leaves the overall closed sales figure up 7% with a total of 328 closed sales in Burnsville real estate.
[ August 19, 2010; 6:30 pm to 8:00 pm. ] So you want to buy a house – where do you start?! The first step towards home ownership is getting educated about the home buying process and finding a Team of Professionals you can trust and feel comfortable with. Please join us for a informative 90 minute home-buying seminar where you will learn everything you need to know about buying your first home.
If you’re thinking about buying your first home, these five steps can help ensure you get the right house and the affordable financing that helps make home ownership a long-term success:
The Dakota County CDA has announced a rate change for the first mortgage. The new rate is 4.75% for all loans reserved beginning July 2, 2010 and continuing until further notice.
I told this woman (we’ll call her Elna) that she could possibly qualify for a low fixed mortgage interest rate of 4.75%, and receive up to $15,000.00 in down payment and closing cost assistance using Dakota County Bond
Watch this video for information on the upcoming First Time Home Buyer Class
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