Lake in the Hills, IL, January 30, 2009 --(PR.com
)-- The mortgage landscape is changing daily, so much so, that many people, including those that may want to inquire about financing are hesitant, or intimated to, thinking that their options have all but gone away.
Martin Sloan, Loan Officer with Lake in the Hills based Milestone Mortgage, after months of development has put together a website that answers 200 of the questions that borrowers and prospects are asking. “People, specifically first time home buyers are overwhelmed with information, and may be unaware of options that have been, and are still available to them,” says Sloan.
“My guess is that 1 person in 100 would know that 3.5% down can get them into a property using FHA, or how the $7,500 tax credit could benefit them. There are now a lot of opportunities for people to reap the benefits of homeownership, more so than even a year ago first time home buyers” he adds.
The website can be searched by either keyword or category. The search pages pull from a database of over 200 questions that cover every aspect of the home financing process, from the application, to credit, to loan programs such as FHA.
There is also a Hot List on the home page where visitors can keep up to date with current and relevant issues, such as the Federal Bailout, and Fannie Mae. One the site blog, users can post ideas on what they are experiencing in the current market.
The site can be accessed at www.200MortgageAnswers.com or Martin Sloan at Milestone Mortgage can be reached for questions at 847-458-9300.