Do you need a Shreveport Lender? We can help!

Do you need a Bossier City Lender? We can help there too!

We realize that you have many choices when choosing a Shreveport lender, or a Bossier City lender...we want to be your lender.

FHA, VA, USDA RD, Conventional, Jumbo, Fannie Mae and Freddie Mac -- and dozens of other ways to help you unlock the doors to your new home.  With Barksdale Air Force Base in our backyard, we are experts on VA loans!  We've helped hundreds of active military, reservists and retired military men and women become homeowners in our area.

Before you even start home shopping, get prequalified by Main Street Financial, Inc. You'll have the clout of a real buyer. You'll know how much you can afford. And be well on your way to the mortgage program that's right for you as soon as you make the offer!  Many Realtors in our area prefer working with customers that use a Shreveport lender or a Bossier City lender.  Let us be your lender.

You don't pick the house that is best for someone else; you pick the one that's right for you! Trust Main Street Financial to find the mortgage loan that is best for you too. "Less paperwork and more personal attention" means you enter a frustration-free zone from application to decision. Getting the right mortgage loan is like getting the keys to your new house! We can help you get there.

Browse our website to learn about current loan programs, what you'll need to apply, how easy it is to prequalify and earn the clout of real buyer, and how we help find the loan that's right for you. You'll be moving into your new home in no time.

If you own a home and are just looking to refinance, or cash out equity, you've come to the right place! There are almost as many loan programs as there are home owners. We'll help find you the right one. You can pay down your balance faster, consolidate high-interest revolving debt, or cash a check to use toward your dream vacation, home improvements, and college tuition -- anything you can think of!

Browse our easy-to-use site to become familiar with our people and our programs. Then visit our office so that we can help you on your way to your goals!


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Mortgage News:
 
Harmony Of The Trends And The Whole Day Explained In One Chart
3/12/2010 5:47 PM

Posted To: MBS Commentary

(A bit long, but another worthwhile closing post to read... with some not-often-phrased-in-such-a-way explanations. I enjoyed writing it at least. Let me know what you think.) You know the "stock lever?" If not, that's the term we use to describe the common occurrence...Read More
 
Mortgage Rates Higher After Retail Sales Data. Floating into Monday
3/12/2010 3:20 PM

Posted To: Mortgage Rate Watch

While benchmark Treasury yields moved slowly higher throughout the course of the week as our government auctioned debt to raise spending money, mortgage-backed securities managed to maintain a pretty consistent price range. After all was said and done and the auctions were behind u...Read More
 
What Did Top Performing Mortgage Bankers Earn in 2009?
3/12/2010 2:51 PM

Posted To: The Garrett Watts Report

Audited financials are starting to come in, and they’re confirming what we saw all year. Top performing mortgage bankers made 90-100 bps per loan. That means, for every $100 million you closed, you should have (and could have) earned $900,000 to $1 million. If you didn&rs...Read More
 
MBS LUNCH: Mortgages Left Behind as Benchmarks Rally
3/12/2010 1:50 PM

Posted To: MBS Commentary

It was an interesting morning in the rates world. Let's start with our fearless leader, the benchmark 10 year note. In below average trading volume, yields rose marginally (at most) in the overnight session before popping higher on the heels of a much better than expected Retai...Read More
 
Fitch Ratings: Expiring Housing Incentives Likely to Increase Loan Losses this Year
3/12/2010 11:51 AM

Posted To: MND NewsWire

Fitch Ratings is warning that the expiring homebuyer tax credits, the end of the Fed's MBS Purchase Program , and the growing maturity of various government loan modifications programs are likely to increase loss severities on distressed mortgage loans later this year. The report says that thes...Read More
 
USDA Rural Housing Funds to Run Dry by April. Lenders Already Dropping the Program
3/12/2010 11:04 AM

Posted To: MND NewsWire

USDA Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities. There is no required down payment...Read More
 
Freddie Mac Announces Cut Off Date for Interest Only Loan Apps
3/12/2010 9:43 AM

Posted To: MND NewsWire

As reported on February 26 , Freddie Mac has decided to stop purchasing and securitizating loans utilizing the interest only payment option. Freddie's deadline for PURCHASING these loans was set as September 2010, however no application/LP approval date cut-off was provided in the bulletin. Thi...Read More
 
Fed MBS Program Update: 98.1% of Funding Used. Looming Exit Yet to Hurt Rates
3/12/2010 8:46 AM

Posted To: MND NewsWire

The Federal Reserve reported on their weekly purchases of agency mortgage-backed securities (MBS). In the week ending March 10, 2010, the Federal Reserve purchased a gross total of $29.4 billion agency MBS. In that week the Fed sold $19.4 billion mortgage-backeds (supported the roll), for a net tot...Read More
 
Loan Officers Who Sell Real Estate; Wells Expands Market Making in Mortgage-Backeds; FDIC Acts on a Thursday; Freddie Mac Bulletin
3/12/2010 8:42 AM

Posted To: Pipeline Press

Don't forget to "Spring Ahead" this Sunday morning. We lose an hour of sleep. The FDIC made a rare Thursday move and shut down LibertyPointe Bank This bank catered to the Orthodox Jewish community in Manhattan and Brooklyn, and will be taken over by Val...Read More
 
Retail Sales Improve Across the Board. Rates Move Higher
3/12/2010 8:20 AM

Posted To: MBS Commentary

Retail Sales data has hit screens. It was much better than expected. Rates no likely. February, Retail Sales rose 0.3% vs. an expected decline of 0.2%vs. a revised for the worse +0.1% print in January (from +0.5%) . Excluding autos, sales rose 0.8%, crushing forecasts for a 0.1% im...Read More




Main Street Financial, Inc. 920 Pierremont Road Suite 314 Shreveport, Louisiana 71106
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