Mortgage News
Get Into A Home Of Your Own

Even if you have limited savings, our low-down-payment programs can help you become a homeowner.


Refinance Mortgage Rates Are Low!

Quick! While mortgage rates are low. NOW is the time to look into refinancing your home.


FASB Ruling Hits the Mark

- Bonnie Raitt. Better believe that last week's news gave us plenty to talk about.and even a few things to smile about. Here are the highlights.

The Truth About Mortgage
  • Obama Urges Americans to Refinance Mortgages
  • Mortgage Rates Rise Off Record Lows
  • Wells Fargo Mortgage Business Drives First Quarter Earnings Record
  • Bank of America Refinancing Under Making Home Affordable Program

2009 FHA Temporary Loan Limits -
Provided by the American Recovery and Reinvestment Act

On Feb. 17, 2009, the President signed a new stimulus bill - called the American Recovery and Reinvestment Act of 2009 - into law.


Obama's Refinancing Plan Could Repair an Ailing Market



IMPORTANT COMMERCIAL LOAN UPDATE!
- EFFECTIVE MARCH 1, 2009
.

On February 6th, 2009 FNMA announced their plan to allow up to 10 financed properties per borrower again.
Dec. 31 (Bloomberg) -- U.S. mortgage rates dropped.

-- U.S. mortgage rates dropped to the lowest in more than three decades as the government stepped up efforts to revive the housing market.

Treasury to Reduce Interest Rates on
Some New Loans to 4.5%




Jumbo mortgages became more expensive and harder to come by as the nation's credit crisis deepened. That might be starting to change.
Commercial real estate prices continued falling


Reverse Mortgages
Home Financing Information

Reverse Mortgage is a unique loan that enables senior homeowners to convert part of the equity in their homes into income without having to sell the home, give up title, or take on new monthly payments.

Links

Please visit these links to become more aware of the current mortgage process:

www./ml-implode.com
www.thetruthaboutmortgage.com

Ascot Mortgage Services

Experienced Loan Officers in Texas

Mortgage Company in Dallas


Ascot Mortgage Services, LLC was founded in 1995 and is a licensed mortgage company in Dallas. We provide financing for investment and commercial properties, second homes in Mexico as well as residential real estate mortgages. We offer VA loans, FHA loans, Jumbo loans and conventional fixed rate mortgages.

We also help our clients avoid foreclosure.

Ascot Mortgage Services, LLC


Ascot Mortgage Services has established lending capacity with small local banks that do business the old fashioned way - using common sense. The ability to provide local bank financing places us in a position of few - to be able to provide financing that does not fit inside the usual lending criteria box. We can obtain quick bank approvals for loans that make good sense; something that not all creditors are able to do in the current market due to their previous exposure to risky loans. We have access to capital that can provide more flexible underwriting criteria for people who deserve to get a loan.

Reputable Mortgage Company in Dallas

With the negativity surrounding mortgage companies in the media, it is important to work with a mortgage banker or broker, with a proven track record and a history that will navigate you through the myriad of options still available in the market. We trust you will find the information on our website useful and informative, but hope that you will feel comfortable enough to call us and talk to one of our friendly mortgage representatives directly. We are not an internet mortgage company, but a sticks and brick mortgage company located in the heart of Dallas, Texas. As a member of the Better Business Bureau (BBB) with an unblemished record for many years, we have proven our reputation as a trusted finance advisor.

Can't Refinance due to the Mortgage Meltdown?


No Equity? Primary Residencies OK
Low Scores? Second Homes OK
Late Payments Investment OK
Owe more on the House then what it is worth? Commercial OK

  • Unmatched customer service 24/7 support
  • Noappraisal, title, or credit report necessary
  • We lower your interest rate and monthly mortgage payment
  • We have a 90% success rate in completing your loan modification
  • Over 30 years of mortgage experience for our mitigatoors as well as attorney backed
Customized Real Estate Lending

If you are looking to purchase, refinance, consolidate debt, take a home improvement loan or purchase land, please send us an email to info@ascotmortgage.com or simply call us at 214-360-9505 for a complimentary, confidential consultation. Please take a moment to read more about us, or use our resources to obtain the most current information on mortgage lending, compliance and your rights as a consumer.

Please note: If you are in doubt as to the experience of a mortgage broker, check their license number by using this link to access the Texas Savings and Loan Commission.

The following license number has been issued:
Donna Clements Shawver 2415