The new home buyer tax credit extended for Vets. Active-veterans who served on an official, extended duty service outside of the united states for at least 90 days during the period of December 1st 2008 through May 1st 2010 will be granted a 1-year extension on the home buyer tax credit!! In other words, any active veterans who served overseas for over 90 days between 12/08 and 5/10 can qualify for the same home buyer tax if they are in contract to purchase by April 30th, 2011 and complete the transaction by June 30th, 2011. Any veteran who’s thinking of buying a new home who served overseas during this timeline should be happy to know they have an extra year to find a new home.
Down payment assistance in Mesa, AZ is still available. They have a fairly unique program available.
"U.S. Department of Housing and Urban development's new Neighborhood Stabilization Program (NSP) provides funds to every state and certain local communities to acquire foreclosed or abandoned homes and to rehabilitate, resell, or develop these homes in order to stabilize neighborhoods and stem the decline of house values of neighboring homes.
The City of Mesa has been allocated $9,659,665 by U.S. Department of Housing and Urban.lopment's (HUD). NSP funds may be used for such activities as establishing financing mechanisms for purchase and development of foreclosed homes and residential properties, purchase and rehabilitate homes and residential properties abandoned or foreclosed, establish land banks for foreclosed homes, demolish blighted structures, and develop demolished or vacant properties. All activities funded by NSP must benefit low and moderate income persons whose income does not exceed 120 percent of area median income." mesaaz.gov
The program offers 15% or $15,000, whichever is less, towards down payment and up to $5,000 towards closing costs. The borrower is required to have 1% of their own funds, the escrow money deposit usually covers their required funds.
The homes available for the Mesa Neighborhood Stabilization Program (NSP) are located in the 85204 zip code and are not listed on the MLS. When a Realtor refers a client to the program they receive a referral fee.
To see the properties available for down payment assistance in Mesa, first allow us to pre-qualify you for a loan, then go to http://mesaaz.gov/housing and send in an application.
To qualify for down payment assistance in Mesa you must also complete 8 hours of Home Buyer Counseling and meet certain income restrictions within 120% of the areas median income.
Example: 1 Person Household - $55,950. 2 Person Household - $63,950.
The down payment assistance in Mesa AZ is a no‐interest forgivable loan as long as the homebuyer remains in the property for twenty (20) years from the date of closing. If the homebuyer sells, leases, rents or refinances the property before the twenty (20) year time period has elapsed, the homebuyer will be required to return the down payment assistance in full.
These homes are completely remodeled...
The upgrades include:
Just starting to get into the world of online marketing. Made my new website! http://www.ryanriedy.com/home.html
Just put up a group on Facebook, had to send out suggestions to all my friends to like my page. Currently my page looks a little slim and I only have 2 likes on my FB page!
Challenge to ActiveRain Members: Login to your Facebook pages and type "The Riedy Group" in your search bar, and click "Like" on my group.
I'd like to see how many people are actually responsive to my posts!
Hope to see you on my page, thanks!!
http://www.facebook.com/pages/The-Riedy-Group/155113371177931?ref=ts
Over the last few years the FHA loan has become very popular in the Gilbert area. Gilbert is a great place to live for first time home buyers due to the great deals available, and the 'more bang for your buck', which works out perfectly for an FHA loan. The Gilbert FHA loan limit is currently $346,250.
FHA loans only require a down payment of 3.5%. Minimum credit score is going to me in the low 600's. Substantial credit history is not required. I also help clients with credit repair strategies.
Also keep an eye out for areas of Gilbert Arizona that qualify for a Gilbert USDA loan. USDA loans allow for 100% financing and the program just received additional funding!
Contact me for more information on FHA loans in Gilbert AZ!
USDA got their money, they have been out of funds for quite a while!!!
100% financing returns. There has been about 1.2 billion guarenteed out so far. The only change to the structure is the financed guarentee fee went up from 2.0% to 3.5%.
0% down payment and no mortgage insurance!
Copy and past this link into your browser to check your area for 100% financing in Arizona - eligability.sc.egov.usda.gov/eligibility/welcomeAction.do
I am now providing USDA loans in Arizona: These loans are for Single Family Residences and must be your Primary Residence.
Some popular ares include the following:
USDA loans Sedona
USDA loans Tucson
USDA loans North Central Arizona
USDA loans Yuma
USDA loans Queen Creek
Assisting and educating my clients. Creating a team environment to smoothly execute transactions and create new, excited homeowners!! Call me anytime at 602.796.8985! BK0909441 / NMLS212458
"Ryan Riedy is quickly setting the benchmark for young, successful mortgage professionals. Born and raised in Scottsdale, he attended Cactus Shadows High School before continuing on to Arizona State University. He started his career as a mortgage consultant in 2008 for Savannah Mortgage Company and has never looked back. Now with The Lending Company he has emerged as a team leader and top producer at the Scottsdale office. His success can be attributed to his exceptional knowledge of products and programs, leadership skills, integration of technology, and drive to succeed."
My name is Ryan Riedy. I am a Mortgage Banker at The Lending Co. We are a mortgage bank! No more working with a broker that takes forever to close your loan. I will be upfront and honest with you, that is why 80% of my business is referrals!
If you would like to meet me, I am usually in my office, but please call 6027968985 first!
Specialties - Residential and commercial finance- FHA, VA, USDA, Conventional, Homepath, 203(k) Renovation, HUD $100, Private Money.
I have access to all the programs including HomePath 3% down with no mortgage insurance. FHA's $100 down program.
Only 3% of companies out there are FHA approved. 97% of the companies out there can't do what I can do. Beware of people quoting FHA/VA rates when they are not yet FHA approved. I am local to your area and believe in doing business face to face. I will travel to your place of work or home to take your application and answer any questions and concerns you have. You are also welcome to come to my office located in North Scottsdale.
FHA will finance a purchase up to 96.5% LTV. FHA will allow the seller to pay up to 6% of the loan amount towards closing costs. I would be happy to refer a Realtor to you if you do not have one.
Please call with any questions or to set an appointment. My direct line is 480.282.5019.
Scottsdale mortgage banker, scottsdale mortgage broker
Check out my other pages!
Residential and Commercial Finance - FHA, VA, USDA, Conventiona, HomePath, 203(k) Renovation, Private Money. Sales Management and Development including professional sales training, lead generation, and marketing campaigns.
I am looking to team up with successful Realtors in AZ, i have a lot of different services i can offer to boost the whole team's success!
Ask me about purchase programs - 3% down, no mi, homepath loan! 10% down, no mi, 2nd home loan. 15% down, no mi, investment property!!
“Ryan and I have worked together as a team for several months to attract Real Estate buyers. He has been very responsive to me and also to the potential customers we have attracted. He thoroughly follows-up with customer questions and spends the extra time and effort to make sure the customers are well informed while he provides their loans. Ryan is a highly motivated individual that is a pleasure to work with, while also maintaining a very professional service in helping clients to obtain their loans.”
Ed Berry, Realtor, Call Realty
"I recently refinanced my mortgage with Ryan Riedy of Peoples Home Equity. Ryan was knowledgeable, prompt and courteous. He was not only a great person to do business with during the refinance process, but he has been reliable and very helpful with any questions I have had after the refinance process was complete. I have already referred a friend to Ryan and I will gladly continue to do so in the future!"
Jason B., Borrower
"I am very grateful to Mr. Riedy for his hard work in getting my husband and I in the current home that we are now in. Once we located the home that we wanted, I found out that one of my creditors had reported me as deceased on my credit, which had my report in very bad condition. Mr. Riedy took the time and patience to get it all straightened out. I appreciate his professionalism, as well as his compassion in the situation. As a result of this, we are now enjoying our new home in a wonderful community. Thank you soooooooo much Mr. Ryan Riedy. Sincerely a satisfied customer."
James & Paula H, New Homeowners!
“Ryan is hard working and diligent to keep up with industry news. He's done training in our office and continues to keep us informed of the constant changes to mortgages that affect our clients. His team are quick to respond and they take pride in their work. I would highly recommend talking with Ryan about your mortgage needs.”
Christy Walker , Broker/Owner , RE/MAX Signature
“Ryan has incredible confidence and intelligence. He is always reliable and is quick to think of alternative measures to solve any problem that comes his way. I would have 100% confidence in him to assist me in obtaining a home loan for any situation.”
Maxx McDonald , Private Mortgage Banker
“Ryan helped my client obtain a home loan at a great interest rate and with good service. Every Realtor appreciates having members on their team to make the closing go as expected. I look forward to working with Ryan again in the future.”
Steve Capes, Realtor
“Ryan is a bright young leader in the mortgage banking industry. Ryan has developed a detailed grasp of the intricacies of the mortgage loan industry. Ryan can find creative solutions to resolve tough issues. I would highly recommend Ryan.”
“Ryan is a skilled and knowledgeable loan officer. He has provided excellent customer service and great financing packages to my clients.”
Isaac Kahn , Owner , IKAHN Property/Keller Williams
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