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Bobby Val Vavla and Nationwide Discount Mortgage is known for their straight forward approach to home loan mortgage lending. Their No Games, No Gimmicks stands true and proves itself with low competitive mortgage rates and programs.

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When you decide to buy a home or refinance a mortgage, it's a big step. You can trust us to find the loan program that's best for you.

Buying a new home is a source of anxiety, frustration -- and a huge sense of accomplishment. You didn't pick the house that was best for someone else, you picked the one that's right for you! Trust our professionals to find the mortgage loan that best fits your needs, 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.

Refinancing your current mortgage has never been easier. If you thought refinancing meant getting buried under mountains of paperwork, think again! We make it easy and worry-free to reduce your interest rate and monthly payment. We can even help you pay down your balance more quickly for comparable monthly payment. Let our professionals guide you to the very best refinanced loan!

Tapping into your home equity is easier than ever before. You've been paying down your balance, and property values have gone up! Tap into that wealth and reward yourself. We'll help with the best program to fit your goals.

Our mortgage professionals give you the personal attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in buying a new home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you. We will help you qualify, apply and be approved for the right mortgage loan for you. Not anyone else!

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UP TO THE MINUTE REAL ESTATE NEWS BELOW






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Explaining The MBS Settlement Process
3/9/2010 3:51 PM

Posted To: MBS Commentary

10yr Notes progressively improved into the PM , ending 5 ticks better on the day with a yield of 3.70. MBS fought off much of the AM weakness in tsy's, and rallied just as well into the PM, reaching 101-15 at 4pm. But then we ended 4 ticks down on the day at 101-01! WHAT?!?!? S...Read More
 
Commercial and Multifamily Mortgages Outperforming Overall Bank Holdings
3/9/2010 2:45 PM

Posted To: MND NewsWire

Commercial and multifamily mortgages continue to have the lowest rates of charge-offs of any loan types at banks and thrifts and perform better than the overall loan portfolios at those institutions according to the Mortgage Bankers Association (MBA). In response to what it referred to as a great d...Read More
 
HUD Enforcing Job Creation Requirements for State and Local Governments
3/9/2010 2:37 PM

Posted To: MND NewsWire

The Department of Housing and Urban Development (HUD) has released the results of the first stage of its increased oversight and enforcement of job creation requirements under Section 3 of the Housing and Urban Development Act of 1968. In a press release on Monday HUD said that more than 3,100 stat...Read More
 
MBS AFTERNOON: Potential Reprices For The Better
3/9/2010 2:01 PM

Posted To: MBS Commentary

MBS Off To The Races with 4.5's up 8 ticks to 101-15! 10yr up 5 ticks on the day dropping yield to 3.70 (through post auction resistance) Reprices for the better = highly likely From the Ninja: Mortgages are still on hold as today’s 3yr note auction held few surprises-eve...Read More
 
Risk Weighted Returns; Warehouse Lending Credit Manager Needed; Subprime Analysts Lost; Bank News
3/9/2010 1:56 PM

Posted To: The Garrett Watts Report

We commented last week how a lot of people didn’t know what HSBC stood for... If you go back to when they bought a bank in Buffalo, New York to established themselves in the U.S. The joke was that HSBC stood for "Holy ____, Buffalo's Cold.” City National Ba...Read More
 
MBS LUNCH: 3 Year Note Auction Results And Reaction
3/9/2010 12:19 PM

Posted To: MBS Commentary

Immediately following the 3yr Treasury Note auction, treasuries weakened while MBS held steady. Since then, MBS have lost a few ticks, but the 4.5 remains positive on the day, up 1 tick at 101-07. The 10yr note is also up a tick leaving the yield just under 3.72. The 10yr's pos...Read More
 
MBS MORNING: Fed President Reminds About Labor Market Weakness
3/9/2010 10:23 AM

Posted To: MBS Commentary

I am kinda bummed no one laughed at my Kathy Ireland reference in MBS OPEN . Her dress was so tight you could see her liver processing the booze (that's a rumor). I suppose I could have poked fun at Sarah Jessica Parker's "Queen of the Nile" get-up. Ugh. You guys ...Read More
 
Empty Econ Calendar Helps Mortgage Rates Hold Steady. Auctions Biggest Reprice Threat
3/9/2010 10:05 AM

Posted To: Mortgage Rate Watch

After last week’s rates roller coaster ride that forced multiple reprices for the better and the worse, yesterday was quite boring. Mortgage rates held steady as prices of mortgage backed securities never moved too far in either direction. With very little price volatility, l...Read More
 
Second Mortgages in the Spotlight; Reverse Repurchase Primer; My Opinion on Mortgage Rates After the Fed; Provident Cuts Interest Only
3/9/2010 9:29 AM

Posted To: Pipeline Press

Often I start the commentary off saying something witty, but I couldn't think of anything clever so I thought I'd suggest you take a look at this video about, of all things, seat belts. It is making the rounds, and with good reason. The Federal Reserve has a ...Read More
 
MBS OPEN: Flight to Quality in Light Trading Volume
3/9/2010 7:46 AM

Posted To: MBS Commentary

Good Morning. Happy Standardized Test Tuesday! My nephew has Maryland School Assessment tests today, we were pre-gaming this morning. I remember those days pretty well...mostly because they were so incredibly boring and slow. Also because the test's time slots subtracted from f...Read More




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