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THE CURRENT HEADLINES                        Updated 7/24/08

  • Community Mortgage Celebrates 26 Years In Business
  • Call 800-333-2992 For Current Rate Specials !
  • We offer Reverse Mortgages for Seniors 62 and over 
  • Apply For FHA Financing today !                                            
  • We offer FHA loans to borrowers with less than perfect credit.  
  • FHA Zero down with Down Payment Assistance Programs 
  • Dow Jones Up 28 points @ 12:15 pm 
  • Oil drops to $123 a barrel 

          One Stop Shopping for All your Mortgage Needs !

   Community Mortgage is one of the Oldest most Respected Mortgage lenders in the State of Indiana.We have been Financing Homes across the State since 1982.We are still in Business after 25 years because our clients our Happy with the Service we provide .We have forged Relationships with the largest wholesale lenders across the Country to bring our clients the very Best Rates,Service and Programs available in todays market place.We provide our customers with  the Personal Professional service they deserve when making one of the largest financial investments in their lifetime. We look forward to working with you.  

              Low and Zero Down Finance Options 

   FHA is now the best option for low or no down payment financing.FHA loans allow the use of a Down Payment Grant program for your down payment.You do not have to be a first time buyer to obtain an FHA loan.FHA loans are 30 year fixed Mortgages insured by the Federal Government.FHA loans do not have prepayment penalties.Please call Community Mortgage for a free pre approval on and FHA mortgage loan 

                    HOME BUYER INFO SITE !

                     www.nowisthetimetobuyahouse.com 

                            Home Buyer Education Site

                       www.mgichome.com/ 

Need Help After Hours ?

  If you are looking for help after hours or on the weekends please call one of our Senior Loan Officers.We are always egger to help with any questions you may have about the purchase or refinance of a mortgage loan.If you are looking to write an offer to purchase on a home we can advise you of current rates and things to consider when you write your purchase agreement.If you do not have a Realtor we can also put you in touch with a Realtor that can help you find the home of your dreams.Click on the Help after Hours tab. 

                                   



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Mortgage News Daily - Mortgage And Real Estate News


Revisions Boost New Home Sales, Suggest Stabilization, Economists Say - 3 hours ago
U.S. new home sales fell marginally in June but the pace was much higher than expected due to +50k of revisions over the past three months. Economists were surprised by the report and said it may be a tentative sign of stabilization, though more data will be needed to confirm that.Sal Guatieri, senior economist at BMO Capital Markets, said the report "paints a brighter picture (than previously portrayed), in the new housing market anyway." Yet he cautioned against being too optimistic, as things are still getting worse but only at a slower decline than in the past two years. Read More Now
New Home Sales Higher than Expected Due to Revisions in May, April - 5 hours ago
New home sales fell for the seventh of the past eight months in June, falling by 0.6% to an annual pace of 530k sales. This rate is much higher than consensus expectations due to major revisions in the previous two months, according to the U.S. Census Bureau on Friday. Read More Now
Final University of Michigan Consumer Sentiment Reports Surprise Upward Revision - 5 hours ago
The final consumer sentiment survey from Reuters and the University of Michigan received a large upward revision from preliminary estimates in July, with the headline indicator coming in at 61.2 compared to the preliminary 56.6 level. Read More Now
Foreclosures Spike by 121% from Previous Year, Says Report from RealtyTrac - 5 hours ago
U.S. home foreclosures soared by 121% in second-quarter year-over-year results, according to a report issued by RealtyTrac.There were 739,714 foreclosure filings in the second quarter of 2008, a 14% quarterly increase. According to RealtyTrac, 48 of 50 states and 95 of 100 of the largest metropolitan areas experienced year-over-year increases in foreclosure activity in the second quarter. Read More Now



Community Mortgage - 5534 St. Joe Road - Fort Wayne, IN 46835
Office Phone: (260) 485-5555 Fax: (260) 485-3540 Cell Phone: 574-457-6643
Toll Free Phone: 800-333-2992


We lend in the following states: INDIANA

Equal Housing Lender Equal Housing Opportunity

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