So you’ve embarked upon the daunting task of shopping for the best mortgage rate? As a 15-year veteran of the mortgage industry myself, I can be reasonably certain that you, the consumer, will not suffer for lack of choices, information or opinions! In fact, the greater likelihood is that you’ll be overwhelmed with options. Imagine yourself as […]
How to Get the Best Deal on Your Mortgage Read More »
Robert Spinosa, a Marin County Mortgage professional, provides an excellent overview of the process of getting a loan for non-residents of the U.S. The Foreign Concepts of Mortgage Lending Too often in mortgage lending we are reminded of the divide that exists between the way things are and the way they ought to be. Nowhere
Getting a Mortgage as a Non-Resident or Foreign Buyer Read More »
Yesterday, I received a call from a First-Time Home Buyer. During that call, my young caller’s inquisitiveness and enthusiasm ran high. He peppered me with question after question regarding Mortgages and the Mortgage Process. And I loved every single minute of it. The questions he asked covered a wide range of topics and went into quite
The Mortgage Process is Like a Fingerprint or Snowflake No Two are Alike Read More »
I try to keep track and analyze those blog posts that receive the most attention and get the most comments. What I learn from doing this, is that posts that recount actual transactions and actions that have transpired within a client’s mortgage process seem to educate best and hit a chord most often. My readers
In Mortgage Financing: It’s Not Simply about Being Employed Read More »
This is the first in a great series about the mortgage process from our own Gene Mundt. Please visit Part 2 and Part 3 for more…… There’s no doubt about it … the current mortgage transaction bares little resemblance to the transactionthat took place even a few years ago. The process has definitely evolved. I
Mortgage Anatomy 101, the Current Mortgage Process, Part 1 Read More »
In Part 1 of the post, “Mortgage Anatomy 101″ … the Current Mortgage Process“ … I detailed much of what happens in the initial portion of your mortgage process. In Part 2, I dug a little deeper into the mortgage process and touched upon your mortgage file’s submission into Underwriting, the Underwriting itself, and then Loan Approval.
Mortgage Anatomy 101, the Current Mortgage Process, Part 3″ Read More »
In Part 1 of the post, “Mortgage Anatomy 101″ … the Current Mortgage Process“ … I detailed much of what happens in the initial portion of your mortgage process. In Part 2, I will continue to dig deeper into the mortgage process and touch upon your mortgage file’s submission into Underwriting, the Underwriting itself, and then Loan Approval. At this portion of
Mortgage Anatomy 101, the Current Mortgage Process, Part 2″ Read More »
Don’t Accidentally Start a Fire Install a Fire Detector Within Your Contracts From start to finish … the dates and chronology of a Real Estate Contract have become increasingly important to the outcome of the transaction. This is certainly true here in my Will County, IL housing market, as well as across the nation.
Don’t Accidentally Start a Fire When Applying for a Mortgage Read More »
I’ve offered multiple posts about the importance of being familiar with frequently-used mortgage terminology prior to entering your mortgage processing. With all the real estate and financing terminology or slang that can pop-up during a real estate transaction, it’s just best to be prepared and educated about what you’ll be hearing. It’s for your own benefit.
Know Your Terminology Regarding Mortgage Lenders, It’s Very Important Read More »
I May Not Be Yoda, but I’m Darn Close! Yesterday, I was reading yet another blog about the low interest rates presently available to home buyers seeking mortgage financing. Seems another new historic low was announced. Something not quite so noteworthy anymore, as we all have grown used to hearing about how the
Home Buyers’ Low Mortgage Interest Rates Read More »
