Washington, DC (PRWEB) June 27, 2007
Americas Watchdog is one of the premier consumer groups in the United States, and is considered to be one of the leading experts on mortgage issues for homeowners nationwide. One mortgage option that should strongly be considered by US consumers/homeowners is an FHA or VA Mortgage. With the meltdown of sub-prime mortgages a FHA or VA mortgage may be the absolute best option for many US homeowners. Because the average consumer/homeowner knows so little about FHA or VA Mortgages Americas Watchdog has located what they think to be the premier FHA or VA mortgage lender in the nation. But where to you go to find out more about a FHA or VA mortgage?
Americas Watchdog strongly recommends that anyone wishing to learn more about an FHA or VA Mortgage should call the James B Nutter & Company. The James B Nutter & Company is one of America's leading mortgage lenders, and they have a unsurpassed record in fair pricing, integrity and customer care. It is for this reason that Americas Watchdog gives The James B Nutter Company its very highest recommendation. Many Americans thinking about a first time home purchase should consider the FHA or VA option. These mortgage types may be the among the most competitive mortgage products on the market today. Here is a little background on FHA & VA Mortgages:
An FHA mortgage allows some borrowers to qualify for the lower interest rates typically offered in a conventional loan, rather than using a higher rate sub-prime mortgage. This can save a consumer thousands of dollars in interest charges.
The required down payments for a FHA Mortgage can also be less. Instead of the typical 10% down, a buyer can put down as little as 3% on a FHA mortgage. The closing costs can also be financed with the mortgage, lowering the initial costs of purchasing a home.
FHA also limits fees that can be charged to the borrower. For example, the loan origination fee cannot surpass 1% of the mortgage amount. Again this could save a borrower thousands of dollars.
FHA mortgage refinancing offers benefits for current real estate home owners who are seeking to complete a refinance mortgage of their existing real estate mortgage (s). A FHA mortgage refinance may also benefit you even if you do not currently have a FHA loan. If a homeowner wants to find out more about the FHA option Americas Watchdog strongly recommends the James B Nutter & Company.
A VA Mortgage
The VA program is attractive for three main reasons:
1. You can buy a home with no money down.
2. The VA program has more liberal qualification standards than convention loans, so it means borrowers with given incomes can often get bigger mortgages under the VA program.
3. You can buy single-family homes and properties with two-to-four units under the VA program. Qualifying individuals can effectively finance real estate investments with nothing down and low rates as long as they live in one of the units.
If you have served honorably in the Armed Forces of the United States, in most instances you will qualify for a VA Mortgage.
The James B Nutter company is licensed in all states to do FHA or VA mortgages. Their web site is at http://www.jamesbnutter.com/ If you are a veteran and considering a VA Mortgage, Americas Watchdog gives the James B Nutter its highest recommendation.
For nearly a decade Americas Watchdog has endeavored to educate homeowners nationwide about unsavory mortgage lending practices or predatory mortgage lending. The endorsement of the James B Nutter & company as Americas best FHA or VA Mortgage Lender is more than just intentional. According to Americas Watchdog, "we have never seen the lending environment as bad as it is today, or anti consumer friendly as it is today". As a result Americas Watchdog has started to recommend honest mortgage lenders, who will be fair with the consumer on loan pricing, and or loan fees. Americas Watchdog is also encouraging all homeowners considering financing or refinancing their home to call them first before they even start the process for a free no obligation consultation. Homeowners who believe they were cheated or gouged in the mortgage process are also welcome to call Americas Watchdog & its National Mortgage Complaint Center (Http://NationalMortgageComplaintCenter.Com) to see what their options might be. For more information about Americas Watchdogs Honest Mortgage Lender web sites, please visit the National Mortgage Complaint Centers Resource Page for more information. If you have friends or family about to finance or refinance a home please share the Americas Watchdog web site information with them.