Author Archives: Lee Robinson

About Lee Robinson

Mortgage loan officer for 10 years in Northwest Arkansas. Owned my own mortgage brokerage Source Financial, Inc for 3 years. Currently a senior loan officer at Southwest Funding in Bella Vista, Arkansas

Posted on September 1, 2011 by Lee Robinson

100% FINANCING STILL AVAILABLE with (RD) USDA Rural Development and (VA) Veteran’s Administration Guaranteed Mortgages. VA and Rural Development loans both have very minimal credit standards to qualify.  Veterans can actually obtain a VA loan with no credit scores at … Continue reading →

Posted in Northwest Arkansas | Leave a comment

FHA Mortgage Insurance Premiums Changed October 4 2010

Posted on September 15, 2010 by Lee Robinson

FHA Mortgage Insurance Premiums Set to Change October 4, 2010 For the second time this year HUD has decided to make changes to the up front mortgage insurance premium and monthly premium.  Earlier this year HUD increased the upfront mortgage … Continue reading →

Posted in Interesting News Stories | 4 Comments

FHA Upfront Mortgage Insurance

Posted on April 12, 2010 by Lee Robinson

News Flash As of April 5th 2010 all FHA case numbers requested for purchase or refinance transactions will require upfront mortgage insurance premium of 2.25% of the loan amount up from 1.75%.  The good news is FHA is holding firm on the 3.5% … Continue reading →

Posted in Home Purchase Advice | 1 Comment

FHA 203K Renoviation Lending

Posted on March 14, 2010 by Lee Robinson

How can I afford to remodel my home, finish out a basement, build an addition, make energy efficient improvements, and virtually make any improvement to my home?  FHA 203K Renovation Lending is the answer. FHA 203K Benefits View more presentations … Continue reading →

Posted in Northwest Arkansas | 3 Comments

State Bond Programs to Pick up Steam

Posted on October 21, 2009 by Lee Robinson

The US Treasury Department announced about a month ago they are planning to buy $35 billion in mortgage bonds from state housing agencies.  Many of the bond programs are targeted towards low to moderate income families and first time home … Continue reading →

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Man Robs Bank to Pay Off His Mortgage

Posted on October 13, 2009 by Lee Robinson

It’s the latest innovation during the US foreclosure crisis: the bank branch robbery. A 69 year-old Californian homeowner allegedly robbed a Bank of America branch in order to pay off his mortgage at its 17% interest rate. The man claimed … Continue reading →

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Buying a home, where do I start?

Posted on October 12, 2009 by Lee Robinson

Find the right people to help More than likely you are going to need a real estate agent and loan officer to assist you in the home buying process.  Like most things in life you need to surround yourself with … Continue reading →

Posted in Home Purchase Advice | Tagged | 1 Comment

Fayetteville, AR #4 Forbes 2009 Best Places

Posted on October 7, 2009 by Lee Robinson

Fayetteville, AR # on Forbes 2009 Best Places for Business and Careers Fayetteville, AR #7 on 2008 Kiplingers Best Cities Fayetteville Arkansas is excellent a place to live and the rest of the country is catching on.  Check out the … Continue reading →

Posted in Interesting News Stories, Northwest Arkansas | Tagged | 2 Comments