Where did the summer go?  It seems like every year we all have big plans to spend more time with family, take a few more days of vacation, sleep out under the stars, etc. etc.   If you are llike me, you are left at the end of the summer with a list of things you wish you had done... Let's face it, life is busy and there always seems to be any number of distractions taking our time away from things that are more important.

In the interest of summer coming to a close, we wanted to let you know about an opportunity to spend some family time together this coming Saturday. 

Legacy Lending Group has been invited by Colman Homes, to be their on-site lender this coming weekend (Aug. 20-22nd) at West Highlands in Middleton.  West Highlands is a master planned development with a resort style community center and pool that is the largest in the treasure valley.  You can check out all of the amazing amenities that this community has to offer at: www.westhighlandsidaho.com

Check out the attached flyer.

Coleman Homes (www.mycolemanhome.com) would like to extend West Highland's community center and pool to families this Saturday for an end of summer activity.  Families who are looking to explore the possibility of having an affordable custom built home of their own can visit us this coming Thursday or Friday at West Highlands from 3:00-7:00 PM.  Here we can discuss different financing options, including the USDA Rural Development loan which is true $0 down financing only available in certain areas of the treasure valley. 

Then, you can come back on Saturday for a day of fun in the sun with family and close friends.  The community center will be open this day from 11:00 AM - 7:00 PM.   

Please contact me with any questions... Don't miss out on an opportunity to spend quality time as a family.

WestHighLands.pdf (1.79 mb)

I've been asked a lot over the last little while what is happening with refinancing since all of the government bailout money and programs have come out. So this week I'm going to touch a little on that. I know it can be frustrating for people trying to get loans as well as it is with us as lenders, trust me !!!

Like most things in Government, their programs take awhile to kick in and when they do finally go into affect there are very few people they actually help.

Here is a recent report that I've seen.

It says that: "Report finds only 9 pct of homeowners getting help; 10 mortgage companies haven't helped any."

It goes on to say: "BofA modified just 4 percent of eligible loans, and Wells Fargo 6 percent. Wachovia Corp., which was taken over by Wells Fargo in December, modified only 2 percent.

"We think they could have ramped up better, faster, more consistently and done a better job serving borrowers and bringing stabilization to the broader mortgage markets and economy," said Michael Barr, the Treasury Department's assistant secretary for financial institutions. "We expect them to do more."

I repeat: Michael Barr said, "We expect them to do more."

REALLY ? Yah, so do we :~)

Reports do show that they are pushing banks now to make bigger strides in helping people, which allows us as lenders more options when the banks offer that for us.

If you have tried talking to a bank directly and have hit a wall, or know someone else that has, we want to remind you to come talk to us and let's see what options there are. There is always new programs coming out. We're here to help you and your friends.