This website is geared towards all things real estate. Discussions and links on everything from mortgage preapprovals to clearing your file to closing and explaining everything in between! All with simple step-by-step instruction.
Kelly McGovern has been in the mortgage industry for the past 19 years. She has handled a large array of titles (processor, underwriter, auditor, loan officer, broker/owner) and completely understands the mortgage process.
In 2006 Kelly received her real estate license knowing that the license would only make her a better mortgage professional. She chose Realty Executives as the office to work for since it was a great fit for Kelly's business goals but also made the most sense for most client goals. In 2008 Kelly received the Executive of the Year award at Realty Executives TriCounty and the Executives Award in both 2008 & 2009. She has stepped up her education by obtaining other designations: Loss Mitigation Certification (LMC) and Short Sale & Foreclosure Resource Specialist (SFR).
Mortgages and Real Estate are Kelly's passion. She understands the entire process and can best assist first time homebuyers who might need a bit more assistance and patience thru what can be a difficult process.
Kelly is a licensed mortgage officer in the state of Massachusetts with SB Mortgage. She can assist clients with conventional, government and other special programs. You may email or apply online for a mortgage preapproval. There is no cost, of course, for this service.
INDUSTRY NEWS:
"Sometime" this Summer FHA will be slashing the seller concession from 6% max to 3%!
In its announcement, the agency said the change would occur in "early summer" after publication of a Federal Register notice and a public comment period. Concessions of 6 percent are still allowed and will be until FHA announces they're not. Buyers and sellers who have a legitimate need to build concessions into their contracts can still do so, but they need to know that the clock is ticking.
My advice is: If a home sale deal needs the 6 percent FHA feature, get the contract put together as fast as possible!