Homebuyers

Greater Nevada Mortgage (GNM) has brought on Tracy McLeod to serve as a Mortgage Consultant in Douglas County. Her diverse background encompasses more than 20 years of experience in mortgage servicing, including title, escrow and loan origination.

McLeod is an active member of the Council of Residential Specialists, the Women’s Council of Realtors and the Sierra Nevada Association of Realtors. Additionally, her efforts in the mortgage industry were recognized by the Nevada Appeal in 2008 when she was awarded Reader’s Choice for Loan Officer.

A popular, new program offered by the Nevada Rural Housing Authority (NRHA) is making home ownership even more affordable. Through the Home at Last™ Access program, qualified home buyers receive a generous 4 percent down payment grant, which does not have to be paid back.

Now, the program is offering even lower mortgage interest rates on a conventional, 30-year fixed rate loan. Through participating lenders, the interest rates on FHA, VA or USDA-RD home mortgages have dropped from 3.75 percent to the current rate of 3.5 percent, which is an historic low.

Nicole Larrimore has been named as the new Mortgage and Marketing Coordinator for the Nevada Rural Housing Authority. The position was recently created to provide information about the NRHA’s housing assistance programs to mortgage lenders, banks, realtors, brokers, title and hazard insurance companies and prospective homebuyers. She will serve as the NRHA liaison to lenders and build relationships with the home buying and real estate community to better serve their needs.

CARSON CITY, NEV (June 29, 2012) – The Nevada Rural Housing Authority (NRHA) has launched a new home mortgage and down payment assistance program that is designed to help a group that has received very little help until now: working Nevadans who have been hurt by the downturn in the economy and the housing crisis.

The Nevada Housing Division today announced a new low mortgage rate for Nevada's first-time homebuyers. The Division is offering a dramatically low mortgage 3.50% interest rate for a 30-year fixed rate loan to qualified buyers.

See Original Story

Greater Nevada Mortgage Services (GNMS) has promoted Jenny Casselman to Vice President of Loan Servicing. Her responsibilities will include mortgage loan servicing and loss mitigation functions.

Casselman, who holds a Masters in Business Administration, started at Greater Nevada Credit Union in April 2003 as a Branch Manager and then served as Call Center Manager and Regional Manager before joining Greater Nevada Mortgage Services in May 2009 as Loan Servicing Manager.

The Carson City Board of Supervisors recently awarded a residential lot in Carson City to the Sierra Nevada Community Land Trust (SNCLT).

Greater Nevada Mortgage Services (GNMS) has promoted Nick Serrano to Vice President of Sales. His responsibilities will include managing the sales production of mortgage consultants throughout northern Nevada and helping to guide the company’s strategic vision.

Greater Nevada Mortgage Services received the highest award ever presented to a lender, the “Most Valuable Partner”, by the Nevada Rural Housing Authority at their recent board meeting.

by Bobbi Coulter

DEADLINE QUICKLY APPROACHING FOR FEDERAL HOMEBUYER TAX CREDIT
Transactions must be under contract by April 30, 2010