Back to school, back to life!
The start of school signals that summer is unofficially
over. The lazy days of summer are done and we get back to our routines. One of those routines
should be checking your mortgage rate.
Call me at 603-893-6616 for your free Mortgage Check-up.
Let’s look at your current rate and see if we can improve
Michael Loffredo, CMC
Exciting opportunity to be part of a new
New homes are being built conveniently
off of I93 in Manchester, NH. Your
new home will be ready this summer!
Call me today 603-893-6616 if you or someone you know would like to be
pre-qualified for one of these beautiful new homes!
Visit our website at
Keller Williams Realty 130 Main St
Salem NH 03079 Office 603.912.5470
I found this great article on how to create a home inventory of all your belongings. This is great for insurance purposes and estate planning:
We are thankful for you!
U.S. presidential candidate is required to be at least 35 years old, a
permanent US resident for at least 14 years and considered a natural US born
Buren was the first natural-born American to become president in 1837. Each
of the seven previous presidents were born as British subjects.
first U.S. presidential election was in 1789. Only white men who owned property
could vote, a stipulation that prohibited 94% of the population from casting a
1800 election year was so heated that vice president Aaron Burr ended up
killing Alexander Hamilton in a duel
Washington is the only U.S. president in history to win 100% of the Electoral
College vote. This is mainly because organized parties weren’t yet formed, and
he ran unopposed
oldest presidential candidate to be elected is Ronald Reagan at 69 years old.
The youngest is John F. Kennedy at age 34
ultimate “whoops” moment in a U.S. presidential election happened when the
Chicago Daily Tribune mistakenly declared that Dewey beat Truman in 1946
is illegal to drink alcohol in Kentucky and South Carolina on election day
other parts of the Constitution have been so criticized as the Electoral
College because it can deny the will of the people. And it has in four
first woman to run for U.S. President was Victoria Woodhull in 1872, nearly 50
years before the 19th Amendment allowed women to vote in presidential
elections. Her running mate, Frederick Douglass, was the first African-American
ever nominated for Vice President
tallest U.S. President was Abraham
Lincoln at 6’4?The shortest U.S. President was James Madison
Halloween Fun Facts
When trick-or-treating first became popular in the United
States in the 1800s, more children played mischievous pranks than asked for
candy. By the 1950s, though, the focus had switched to good old family fun,
with sugar-hyped children dressed in costumes.
Chocolate makes up about three-quarters of a
trick-or-treater’s loot, according to the National Confectioners Association.
Candy corn has been made with the same recipe by the Jelly Belly Candy
Company since around 1900.
sales average about 2 billion dollars annually in the United States
The fear of
Halloween is known as Samhainopobia.
If you see a
spider on Halloween, it is the spirit of a loved on watching over you.
The Ouija Board
ended up outselling the game of Monopoly in its first full year at Salem. Over
two million copies of the Ouija Board were shipped.
were once made out of turnips, beets and potatoes — not pumpkins.
Safety Driving Tips
Salem trick-or-treating hours are 6:00 p.m.to 9:00 p.m. on Monday October
31 so be especially alert for kids during those hours.
Kids are excited for Halloween and will be anxious to get to the next house
and can be unpredictable in their movements so drive a little slower and be
more alert in residential neighborhoods
Take extra time to look for kids at intersections, on medians and on curbs.
Enter and exit driveways and alleys slowly and carefully.
Eliminate any distractions inside your car so you can concentrate on the
road and your surroundings.
Drive slowly, anticipate heavy pedestrian traffic and turn your headlights
on earlier in the day to spot children from greater distances.
Government mortgages refer to those
programs that are backed or insured by our federal government. Some are
partially insured, such as FHA, and some are fully guaranteed, like VA.
These government backings allow
banks to make these loans to lesser qualified borrowers or lower down-payment
buyers and therefore expand homeownership throughout the country.
Here is a sample of these
VA- the VA loan is for military
veterans and their spouses. There is no minimum down payment required so many
vets can purchase homes with zero down. There is also no pmi but the VA
requires an up-front funding fee of 1.5%- 3.3%, depending on the loan type. This
up-front fee is financed so the veteran still does not have to pay it out in
cash. These features make the VA the least expensive government mortgage
otherwise known as Rural Housing. This program also offers zero down but is only
open to home buyers in certain rural areas that also meet the low to moderate
income limits. Income limits vary by county so check this chart for your local
USDA mortgages have a pmi-like
monthly fee, but offer rates as low as VA and FHA.
FHA- the largest government
program and is open to all borrowers in all areas regardless of income. FHA has
the most tolerance for lower credit scores and allows higher debt-to-income
ratios. These loans do require monthly mortgage insurance (mi) and an up-front
mi portion that is financed on top of the beginning loan amount. FHA loans have
a minimum down payment of 3.5%.
Call Omni Mortgage at (603)893-6616 today for
A mortgage broker is an independent financial
professional who specializes in the origination of residential mortgage loans.
They have had a significantly positive impact on the lending industry and have
become a key strategy used by many borrowers.
brokers have to take regular educational courses and pass rigorous exams to be
Why use a
In the unpredictable
mortgage market mortgage brokers can serve as safeguards, offering their
clients peace of mind in the navigation of a complicated process. We constantly
monitor and guide your home loan through underwriting, approval, and closing. A
mortgage broker will review piles of program options and variables to come up
with the best loan for the client’s individual needs. Working with many lenders
and funding sources they can shop for the best program, rate and closing cost options.
difficulty of the mortgage process, including the need to gather reams of paper
documents is one of the reasons for the success of the local mortgage broker segment,
and their technology allows them to work with borrowers in various ways
including on line, or in person.
Mortgage brokers offer the
largest number of options, since they can shop your loan among many lenders.
And if your loan can be done, a broker will find a place to do it. In general,
banks have the fewest options available because they offer only their own
Going with a really honest
broker will without a doubt result in better pricing and service than anywhere
else. Omni Mortgage Company in Salem,
New Hampshire has built such a reputation of trust and reliability. So call Omni
Mortgage Company today at (603)893-6616.