On April 8,2013, I was fortunate to start my new position of Vice President of Real Estate Lending at Member One Federal Credit Union. I am very excited to have this opportunity ! Why ?? A credit union’s mission is to serve its …
The monthly MIP is going up from 1.25 basis points to 135 basis points. Lets take a house at $150,000. The minimum downpayment is 3.5%, That makes the base loan $144,750, rounded to $144,700. The Up Front Mortgage Insurance Premium …
Valley Team Mortgage can offer you the convenience of applying for a loan in your pajamas from your living room couch. We can do your prequalifying over the phone, or by email. You can go to our secure website and …
I just put my license fee on the credit card to be a mortgage broker for 2013. I guess I am a glutton for punishment. This year has had ups and downs. As always, I have gotten to know and …
As we move along in 2012 ( where has the time gone, its almost November !!! ), the mortgage market hasn’t had major changes. They are coming next year. I want to warn all people
I’m happy to report that people are slowly getting used to the “new normal” standard of mortgage documentation. We all know its going to be much harder
The market is gaining some steam. I try not to be negative, but you have to once in a while. I find the mortgage guidelines to be over the top in many areas. Underwriters ( who I know are just …
I am finding I am spending more time getting people ready to buy. Since the economic times have been hard, there are more folks with credit problems and job changes than ever before. Tips…. 1) Keep your
My Realtors are definitely busier now than last year at this time. Buyers are more active and that is a good thing for the market. Rates are still incredible low and qualifying is strict, but I still have residential programs …
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