Mortgage News
Get Into A Home Of Your Own

Even if you have limited savings, our low-down-payment programs can help you become a homeowner.


Refinance Mortgage Rates Are Low!

Quick! While mortgage rates are low. NOW is the time to look into refinancing your home.


FASB Ruling Hits the Mark

- Bonnie Raitt. Better believe that last week's news gave us plenty to talk about.and even a few things to smile about. Here are the highlights.

The Truth About Mortgage
  • Obama Urges Americans to Refinance Mortgages
  • Mortgage Rates Rise Off Record Lows
  • Wells Fargo Mortgage Business Drives First Quarter Earnings Record
  • Bank of America Refinancing Under Making Home Affordable Program

2009 FHA Temporary Loan Limits -
Provided by the American Recovery and Reinvestment Act

On Feb. 17, 2009, the President signed a new stimulus bill - called the American Recovery and Reinvestment Act of 2009 - into law.


Obama's Refinancing Plan Could Repair an Ailing Market



IMPORTANT COMMERCIAL LOAN UPDATE!
- EFFECTIVE MARCH 1, 2009
.

On February 6th, 2009 FNMA announced their plan to allow up to 10 financed properties per borrower again.
Dec. 31 (Bloomberg) -- U.S. mortgage rates dropped.

-- U.S. mortgage rates dropped to the lowest in more than three decades as the government stepped up efforts to revive the housing market.

Treasury to Reduce Interest Rates on
Some New Loans to 4.5%




Jumbo mortgages became more expensive and harder to come by as the nation's credit crisis deepened. That might be starting to change.
Commercial real estate prices continued falling


Reverse Mortgages
Home Financing Information

Reverse Mortgage is a unique loan that enables senior homeowners to convert part of the equity in their homes into income without having to sell the home, give up title, or take on new monthly payments.

Links

Please visit these links to become more aware of the current mortgage process:

www./ml-implode.com
www.thetruthaboutmortgage.com

Who We Are

About Abacus Commercial Lending


Florida based Abacus Commercial Lending was founded in 1996 by its CEO,James Gardener.In over a decade, Abacus Commercial Lending has approved loans for thousands of home buyers and real estate investors.  Over the years, Mr. Gardener has consistently added to the company’s mortgage programs to ensure that ACL’s clients have many options available.

Abacus Commercial Lending' Mission Statement


Transcontinental will provide cutting edge, fiscally sound, solution oriented mortgage loans formulated to meet the specific needs of residential and commercial clients, prepared by highly trained loan officers who maintain a standard of professional excellence, integrity and sound financial business ethics.

Abacus Commercial Lending invites you to contact us directly for a complementary loan consultation by filling out our online application form or by calling us directly at:
(239) 209-0777.

Sincerely,

Tony Willoughby
Abacus Commercial Lending