Atlanta, GA (PRWEB) May possibly 9, 2010

Achieve-The-American-Dream.com offers straightforward tips to prospective house purchasers and current property owners in search of the American dream of house ownership introduces a new book entitled You Can Achieve The American Dream…With The Right Keys to let millions know that the American dream is nevertheless in attain. http://www.achieve-the-american-dream.com

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Although some are sitting on the sideline waiting for the nightly news to inform them that the very good-old-days of simple-funds to finance your dream residence are back and that the floodgates are open other people are discovering that in the mist of the tail-finish of America’s financial recession and the brink of America’s existing financial recover, that now is actual 1 of the greatest times in recent history to turn into a homeowner. Due to fallen house prices, historically low interest rates, and the existing more than supply of available properties, a lot of folks who would have been turned down not that extended ago for as well high of debt-to-earnings ratios are now holding the keys to their new dream property in their hands.

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Millions of possible home owners have put their dream of getting a property on hold due to the misconception that mortgage lenders are not approving any person unless they have a 700 plus credit score and a big down payment. The untold story is that there are a number of loan programs made to enhance and promote home ownership for individuals with significantly less than ideal credit and those that only have a tiny down payment or no down payment at all. “There are millions of prospective residence buyer that are unaware that the American dream of residence ownership is not only nevertheless in attain, but it is in fact at the tip of their finders, all they have to do is grab it, but instead they defer their dreams and sit and hope of one day becoming a homeowner,” says James N. Rivers.

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In his new book You Can Achieve The American Dream…With The Proper Keys he list many loan programs that are ideal for any person that is dreaming of one particular day becoming a homeowner. One particular of the loan applications listed in his book is a loan system for prospective house buyers that have paid their bills on time, can give a good employment history, but their credit scores are in the mid 5 hundreds to the low six hundreds. What is surprising to numerous is that this loan system offers a low interest fix rate and only calls for a tiny down payment.

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An additional loan system that couple of know of is excellent for anyone who desires to purchase a previously foreclosured property at a deep discount, because the loan makes it possible for the residence buyer to combine the expense of any required repairs with the obtain price tag into one particular mortgage. A home buyer that could have only dreamed of getting let’s say a $ 200,000 dollar house not that long ago, can now acquire that same home at a 25% to 40 % discount, depending on the marketplace. That identical property right now could sell for $ 120,000 to $ 150,000 dollars, now generating that property cost-effective.

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Many first-time home buyers do not know exactly where to commence, so they continue to rent month-following-month and year-after-year. No one teaches you in school how to acquire your first home or what most mortgage lenders are looking for when reviewing your loan application. James advises in his book, that you need to never apply for a mortgage unless you know what that loan program’s specifications are. If the loan that you are applying for has a minimum credit score requirement of 620 and you know that your score is 619, you need to concentrate on enhancing your credit score ahead of applying for the loan. Your mortgage application could be denied merely because your credit score did not meet the minimum requirement, or you could be approved, but at a a lot higher interest price and be required to make a considerably bigger down payment.

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“You Can Attain The American Dream…With The Correct Keys” is a step-by-step guide that not only explains what mortgage lenders are hunting for when approving a prospective residence purchaser for a mortgage, but if also list actual loan applications for the prospective house purchaser and offers simple guidance on how to steer clear of the numerous pitfalls that have triggered millions of households to shed their houses to foreclosure. Chapter 1 of his book Keys To Avoiding Your American Dream From Becoming A Mortgage Nightmare must be required reading for everybody that is purchasing their initial house or any person getting a house right after losing their property to foreclosure.

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James states that 1 of the most typical reasons why many new homeowners face the possibility of losing their properties is simply because they did not do their residence work prior to sitting down with their mortgage organization and they accepted the very first loan system that they were provided.

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“This book is not only for prospective house purchasers,” says James N. Rivers, “but if you are a present homeowner that demands to refinance your residence, you are wondering how to get your mortgage company to approve you for a loan modification, or if you need to have to get rid of a an high interest adjustable rate mortgage to stay away from foreclosure or to simply lower your interest price to save income, this book is complete of helpful insight and data on how to get your lender to say… yes you are approved, even if you owe much more than your house is at present worth.”

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Millions of property owners are giving up and walking away for their homes because they are merely unaware of the many various loan applications and options that are accessible to them, which are created to support property owners preserve their homes and hold on to their dreams.

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Chapter 13 and 14 of his book list serveral loan programs and possibilities that most at-risk home owners have by no means heard of. There is actually a loan plan that enables a homeowner that has missed a number of mortgage payments to borrow the amount needed to bring their mortgage current at zero percent interest and with no boost to their present month-to-month mortgage payment.

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If your wish is to buy your dream house, refinance your present property, or to avoid the nightmare of foreclosure, You Can Accomplish The American Dream…With The Right Keys is a must read. What is fantastic about the book is that it is to the point with 120 pages of seldom shared, straightforward facts and info on how the mortgage approval process performs and it really gives the reader an simple to follow step-by-step guide on how to purchase a new home, or how to merely hold on to their present home. “The American dream is nonetheless in attain to millions, all they have to do now is attain for it and then grab it,” says James N. Rivers.

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James N. Rivers has worked in the mortgage, actual estate and down payment grant industry for over 20 years. He has aid thousands to turn into home owners, refinance their residences and avoid the heart break of foreclosure. James publishes a members only newsletter on his web site http://www.attain-the-american-dream.com and supplies free seminars to prospective and at risk property owners. He presently functions for a single of the nations most respected banking and mortgage companies. His new book can bought at main book sellers across the nation and at the website http://www.achieve-the-american-dream.com

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James N. Rivers, Author of You Can Achieve The American Dream…With The Right Keys&#13

Web site: http://www.accomplish-the-american-dream.com&#13

Atlanta, GA &#13

800-881-2236

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