CORNERSTONE LENDING FULL

“This action supports the Biden-Harris Administration’s goals of making homeownership more accessible and affordable for the nation’s working families, particularly households of color for whom FHA-insured mortgages have been a cornerstone for access to homeownership. Our mortgage lenders are passionately dedicated to making the home buying process as stress-free as possible. The HUD announcement of the premium reduction includes the following: is a full-service, private mortgage company providing remarkable service to new and returning clients. Yelp is a fun and easy way to find, recommend and talk about whats great and not so great in.

CORNERSTONE LENDING FULL

There were no changes to the amount of the FHA upfront mortgage insurance premium. Island Federal offers a full range of personal & business banking services, from personal loans to free checking. Cornerstone Lending in Wenatchee, reviews by real people. The premium reduction applies to all Title II forward mortgages, except for mortgage loans insured under section 247 of the National Housing Act (Hawaiian Homelands), which do not require an annual mortgage insurance premium, and streamline refinance and simple refinance mortgage loans used to refinance a previous FHA-insured loan endorsed on or before May 31, 2009. The premium reduction is effective for mortgage loans endorsed on or after March 23, 2023. Its programs support education, family stability, health and safety net services including disaster relief and emergency shelters.HUD recently announced a reduction to the annual mortgage insurance premium charged to borrowers with FHA-insured loans. HUD estimates that the reduction will save FHA borrowers on average $800 annually. HUD also released Mortgagee Letter 2023-05 addressing the premium reduction, and a Factsheet addressing other steps that HUD has taken to make homeownership more affordable. The United Way of South Central Massachusetts helps families in Southbridge, Charlton, Webster, and Dudley. “In addition to supporting a vital cause, our team enjoyed the friendly competition and camaraderie these events sparked,” said Tallman. In addition, company-wide events-including a “Coin Wars” competition, baby picture challenge, and silent auction-further increased the total donation. They also came up with some creative ways to boost the final total.”Ĭornerstone employees pledged a total of $36,483.60, which was matched by Cornerstone. “Recognizing the essential services the United Way supports in our community, especially during these challenging times, our team dug deep and donated generously. “We had a lot of fun with this internal fundraiser,” said Cornerstone Bank CEO Todd Tallman. Loan amounts from 400.00 to 1,000.00 Terms up to 10 months with a 3. Having trusted Coastal States Bank with our personal banking needs for the past several years, it seemed logical that we could trust Coastal States Mortgage to. 700 Houston, TX 77027 The above service is provided for Cornerstone Home Lending customers and is not meant for solicitations, servicing related inquiries, or any other purpose. Who qualifies Low- to moderate-income borrowers who make 56,000.00 or less in annual income. 713.212.3049 Cornerstone Home Lending 1177 W. Let our experienced loan professionals help you. This total far surpassed the bank’s previous donations of $64,098 in 2022 and $54,000 in 2021. Cornerstone Bank is pleased to provide a home heating assistance loan program to households who have been hit hardest due to rising inflation. Mortgages Made EASY Our Loan Experts are Ready to Assist Click here to get your application started today. Cornerstone Bank raised $79,397.50 for the United Way of South Central Massachusetts through a combination of employee pledges, a company match and fundraising competitions.

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