Cleaning out the clutter
Tuesday, August 26th, 2008 Posted in Uncategorized | No Comments »The other night I was home cleaning out some old boxes that had been laying around for a while. I am at times a little obsessed with throwing things out, so I find myself often trying to find unnecessary clutter and ...
Private Mortgage Insurance —– The “X” factor
Monday, August 25th, 2008 Posted in Uncategorized | No Comments »It's been some time since I've been able to post some new information. While others in my industry are struggling to stay afloat , I've been hard at work closing loans in the face of tough mortgage conditions. One of ...
Service! Service! Service!
Wednesday, June 18th, 2008 Posted in Uncategorized | No Comments »Service! Service! Service! If I could choose one thing that stands out when comparing a wholesale mortgage broker from a retail mortgage bank it would be very simple, it would come down to service. The service that I can provide as ...
Will I get the Best Deal with my Current Bank?
Tuesday, May 13th, 2008 Posted in Uncategorized | 1 Comment »Will I get the Best Deal with my Current Bank? Many times I have customers come to me wanting to find out what kind of loan and what kind of “deal” I can offer them. They do this because they are ...
Stated Income/No Income verified
Monday, May 12th, 2008 Posted in Uncategorized | 1 Comment »Wow, what a difference from 1 year ago. Stated Income and other types of no income verified loans have almost completely vanished from the market. For as long as I have been in the business (over 10 years now ) there ...
Why should you use a mortgage broker
Thursday, May 8th, 2008 Posted in Uncategorized | No Comments »With the media frenzy surrounding the mortgage industry, I've been seeing more and more articles being written in the financial publications about mortgage brokers and the mortgage industry as a whole. These journalists have been glossing over the details of ...
In Today’s Market You Need a Mortgage Broker
Thursday, April 17th, 2008 Posted in Uncategorized | No Comments »In the past year the mortgage industry has bee turned upside down and rolled over a few times. Many banks and loan programs that were readily available to consumers have now disappeared. This makes it very difficult for the mortgage ...
Rates are Down! Now What? Buy!!!!
Wednesday, March 19th, 2008 Posted in Uncategorized | No Comments »Our wholesale 30 year fixed rate dropped to about 5.5% this week, with 15 year fixed mortgages a tad under 5%. Now what? I think this is the best time to be a buyer in the market. The old saying simply states ...
Mortgage Rates Are Up Now What
Tuesday, February 26th, 2008 Posted in Uncategorized | No Comments »Mortgage Rates Are Up Now What Currently the national average for the 30 year fixed rate is near 6.5%. Some people out there may think that these rates are too high and are still waiting for rates to come down. In ...
New Conforming Loan Limits
Thursday, February 21st, 2008 Posted in Uncategorized | No Comments »New Conforming Loan Limits In recent weeks there has been much discussion in the Mortgage Industry as to how much the conforming loan limits for Fannie Mae, Freddie Mac and FHA (Federal Housing Authority) will be. Currently the conforming loan limits ...