Dear Customers, Family and Friends:

With housing markets showing signs of stabilization, our Fall Newsletter focuses on real estate opportunities brought about by the market meltdown of the past year.  

Fannie Mae Foreclosures

Fannie Mae’s HomePath program allows you to purchase from the tens of thousands of Fannie Mae foreclosed properties throughout the country. Search for properties by city, state, zip code, number of bedrooms, etc. Buy with down payments as low as 5% on primary residences, 10% on second homes and 15% on investment properties with NO PMI INSURANCE! To search available properties and view financing options, visit www.aimloan.com/homepath.

It is important to know how much you qualify for before you begin your home search. Complete our user-friendly Online Application anytime 24/7. Your application will be instantly run through our Automated Underwriting System and a Free Online Pre-Approval will be issued.

$8,000 “First Time Homebuyer” Tax Credit

The deadline for closing on the purchase of a new home and obtaining the $8,000 “first time homebuyer” tax credit is November 30, 2009 (there is talk in Washington that the deadline may be extended). As a direct lender, we can close a purchase transaction in as few as 10 days so you still have time to take advantage of this tax credit!

“First Time Homebuyer” is defined as someone who has not owned their primary residence in the past three years! The tax credit is for 10% of the home’s purchase price up to a maximum of $8,000. The credit is phased out for taxpayers with adjusted gross income of more than $75,000 on an individual return or $150,000 on a joint return. Consult your tax advisor for information relating to your specific circumstances. For more information, visit www.aimloan.com/taxcredit.

125% Refinancing Option Now Available
One last development we want to make you aware of is an expansion of the Home Affordable program. Designed to help homeowners who have little or no equity in their home, the program now allows the refinancing of mortgages with balances up to 125% of a home’s appraised value (previously 105%). If the existing mortgage does not have PMI, the new loan will not require PMI either. This program will be available through June 2010. To qualify your current loan must have been sold to Fannie Mae or Freddie Mac (most loans with balances under $417,000 have been). Additionally, the property must be your primary residence and your mortgage payments must have been made on time during the past 12 months. To learn more and view current rates, visit www.aimloan.com/homeaffordable.   

Thank you all for your continued support.  If you find this quarterly newsletter to be informative, we would greatly appreciate you forwarding it on to others you know.  The newsletter is free and can be signed up for at www.aimloan.com/newsletter.

Sincerely,

Vince Kasperick
Founder and President
AimLoan.com

	30-Year Fixed to $417,000 Rate Points APR 3.875 1.890 4.082 4.125 0.551 4.221 4.250 0.000 4.299 15-Year Fixed to $417,000 Rate Points APR 3.375 1.262 3.647 3.500 0.631 3.679 3.625 0.000 3.711 5/1 ARM to $417,000 Rate Points APR 2.750 1.071 3.208 2.875 0.688 3.221 3.125 0.000 3.253 30-Year Fixed to $729,750 Rate Points APR 4.125 1.063 4.246 4.250 0.473 4.322 4.375 0.000 4.407 Custom Rate Quote Assumptions

www.aimloan.com/ratewatch

	Our 3rd Quarter Community Service Campaign resulted in a donation of $34,060 to the San Diego Center for Children. Our 4th Quarter Campaign is raising funds for the Susan G. Komen Foundation Visit our web site to learn more about our Community Involvement.