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Featured in Realtor Profiles in the June 2008 Orlando Magazine, Cathy Melton is ready to assist you. CALL US: (321) 939-7888
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Real Estate Resources:
Special Offers - Special offers for Celebration, Reunion and Orlando homeowners from The Melton Team.
Affiliates - The Melton Team's real estate web site affiliates.
eNewsletter - The Melton Team'sCelebration, Reunion and Orlando newsletter email will send you the latest real estate information.
Today's Real Estate News - Daily real estate news for this neighborhood, Florida, and United States.
Market Conditions Report - Market conditions report for this area, Florida, and United States.
Monthly Payments & Schedule - Monthly loan payments java mortgage calculator.
How Much Can You Afford? - Calculate how much home you can afford with this financial calculator.
Determine Tax Savings - Calculate how much your monthly Celebration, Reunion and Orlando, Florida mortgage payments save you on your taxes because of loan interest.
Should You Rent or Buy? - Is it better to rent a home in Florida or buy your own Celebration, Reunion and Orlando house, ranch, luxury property, condominium, acreage, or other real estate?
Adjustable Rate Mortgages - Adjustable rate Celebration, Reunion and Orlando mortgages information and interest rate java calculator.
What Is Your APR? - Determine the Annual Percentage Rate (APR) for your mortgage.
Fixed or Adjustable Rate Mortgage? - Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.
Are Balloon Mortgages For You? - Balloon mortgage calculator. A balloon mortgage can be an excellent option for many home buyers.
15 vs. 30 Yr Mortgages - With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms.
How Much Should Your Income Be? - What income is required to qualify for a mortgage? Use this calculator to find out.
What's Your Maximum Mortgage? - This calculator will help you determine your maximum monthly housing payment and the resulting mortgage amount.
Will Buying Points Save You Money? - This calculator helps you determine if you should pay for points, or use the money to increase your down payment.
TripleCalc - FREE Software Download: TripleCalc lets you compare three loans at one time for your property or other Florida real estate.
Top National Real Estate Web Sites - Real Estate Web Sites that include some unique sources of realty information, listings, and more.
Ask Anything - Ask The Melton Team anything real estate.
NUMBER1EXPERTS™ - List of all the NUMBER1EXPERT™ real estate agents and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale.
Real Estate Tips - The Melton Team's realty library of real estate tips and advice on everything from preparing your home for sale to negotiating with home buyers to escrow, closing costs, property inspections, and mortgage brokers.
Real Estate Trivia - The Melton Team's collection of real estate trivia questions and answers that include real estate topics such as the most expensive home, largest swimming pool, and more.
Real Estate Dictionary - Complete real estate dictionary and glossary of realty words you'll use when you list and sell your Celebration, Reunion and Orlando property in Florida, including legal terms definitions, and more.
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Financing Your Home >Qualifying Guidelines
It may be difficult to qualify for a home mortgage loan. As a buyer, you may find the perfect home, but finding the perfect financing might become elusive. After you complete the application process, your lender may turn you down, which is an upsetting development for any prospective homebuyer. What can be done to remedy such a setback?
The answer depends on why you were turned down. If your income is too low to satisfy one mortgage company, there might be another company with more liberal qualifying guidelines. If you have had credit problems, some lenders may be more willing than others to help you clear them up in a manner that satisfies their underwriters. If your loan runs into problems, sit down with the loan officer and your real estate agent to investigate the possibility of using a different lender. The first company may be able to "assign" the package to a competitor, enabling you to use your same credit report and appraisal. You will need the cooperation of your sellers, too.
While loan rejections are disappointing, they can be resolved.
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Cathy Melton, Broker Associate The MeltonTeam Imagination Realty, LLC 617 Celebration Ave Celebration, FL 34747 Office: 321-939-7888 Fax: 321-234-0227 Mobile: 407-473-1300 cathymelton@NUMBER1EXPERT.com
Selling or purchasing a home requires more than placing a For Sale sign in your yard, or calling an agent that you find from a yard sign. Considering Real Estate is one of the largest investments most people will make in their lifetime, we encourage you to hire a professional team that will help you with all aspects of your real estate needs. Our team of full time professional agents are ready to assist you. Give us a call or contact us by email and we promise you an immediate response. Work only with the BEST, where we work hard to earn your trust and work even harder to maintain it.   
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