The Choice Is Yours Choices… We all love having them. That’s one of the best parts of buying your first home: you can choose almost everyone who is going to help you… Except of one person: The Appraiser. But, relax… Because you actually make out better by not… Read more »
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Get Pre-Approved The Correct Way- A Tip From Brad Armstrong
Before you attempt to get pre-approved, make sure you have all of your financial documentation, including tax returns, so you get approved for the correct amount that you qualify for. I have seen customers with approvals that are not worth the paper they are printed on because the income after adjustments is significantly lower than… Read more »
2016 & First Time Home Buyers
2016… No, it’s not a sequel of the movie 2012. It’s the average number of hours a first time home buyer spends searching before they buy their first home according to the National Association of Realtors. Do you really want to do that work by yourself? Yeah, thought you’d say that…. Read more »
WHAT Did You Say To Me? Finding A Star Mortgage Loan Originator
Quick… Would you rather have a 5/1 ARM with 2/2/6 caps or 10/1 ARM tied to LIBOR? Huh … what did you say? Yeah, that’s how most first time home buyers feel when loan officers toss out fancy mortgage terms to convince buyers how smart they are. If you’re working with someone… Read more »
Residential Home Funding and Selling HUD Homes With The NAHREP
Bernard Hartigan, Angelique Belfield, Marcus French & Jon Ortiz sponsored the Selling HUD homes that the National Association of Hispanic Realtors (NAHREP) offered this morning. The team of Residential Home Funding Corp. loan officers gave away a 32″ TV! The lucky winner was Mr. Janardan ” Reddy” Nukalapti from Re/Max Select Properties in Ridgefield, NJ. … Read more »
Elizabeth Fragale- Mortgage Loan Originator
“Whether looking for a home or getting pre-approved, knowledge is power. This is what I tell my clients. Not only will a bid from a pre-approved client carry more weight with the seller, but the buyer can feel comfortable after they fully understand what their new mortgage payment will look like.”
Peter Charles- Mortgage Loan Originator
When shopping for a mortgage, don’t simply select the best price quoted over the phone or printed in the media. Trust and relationship are very important factors in selecting your mortgage provider. Work with a diligent professional that is willing to provide personalized service. Throughout the loan process you’ll come to appreciate heightened levels of… Read more »
John Zura- Branch Manager & Mortgage Loan Originator
Buyer’s Get Moving! With rates near the bottom and home prices on the rise, it’s still a perfect time to buy a house. If you can afford a home and qualify for a mortgage, this may be your last chance to take advantage of the market and own a home for less. To… Read more »
Vincent Lozano- Mortgage Loan Originator
When consulting with a loan officer for a preapproval on a new home purchase, a great question to ask the loan officer is “What are my current credit scores and are there any ways to improve my score?” It is important to do a complete review of the credit report with my clients from… Read more »
After Housing Shakeout, Mortgage Industry Looking to Replenish Ranks of Mortgage Loan Officers
By Laurie Sutton, Mortgage Finance School The bursting of the real estate bubble, the mortgage fraud crisis and the downturn of the economy in 2008 had one small silver lining. It helped rid the mortgage industry of many unqualified and even unscrupulous mortgage loan officers. There have been several changes within the industry since then,… Read more »