Posts Tagged ‘Editorials/Articles’

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Where are the best mortgage deals in today’s economy?

Monday, June 16th, 2008

 

Many people believe that the best mortgage deals are no longer available for the average consumer that is shopping for a mortgage in today’s economy. That may be true if you cannot prove your income or have had a bankruptcy in the last two years. However, if you are the average Joe with a few dings on your credit, and are looking to buy a new home, the best deals are still out there. The truth is, they have always been there. The Federal Housing Administration (FHA) has been helping the average consumer get great deals on mortgages since the 1950’s. (more…)

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Myth vs. Fact Helping Homeowners – Another Perspective

Saturday, June 7th, 2008

 

 

The looming mortgage crisis has affected almost everyone in all facets of life. When the homes stop selling the builders stop building, the carpenters stop nailing, the painters stop painting, paint stores stop selling and Home Depot stock hits record lows. Vertical damage is universal in almost all aspects of retail, services and durable goods. Let’s face it; America is a nation that is fueled by land development and salesmanship. Unfortunately, ingenuity, invention and production have taken a back seat to Americans selling products owned or built by other countries. For Goodness sake, GM is second in sales to Toyota now, who’d a thunk it? (more…)

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Leader Advertising in the Mortgage Industry

Saturday, June 7th, 2008

 

Here are a few of the biggies ….

 

1) The No Closing Cost Loan
Let’s think logically about the “no closing cost” loan. Do you know an attorney that works for free? How about an appraiser? Perhaps state and local taxes will be waived because were nice people. Title fees, processors, underwriters, monthly escrows and much go into putting a mortgage together REGARDLESS of who you choose as your lender. The “No closing cost loan” should be called the “we hide your closing cost in an inflated rate loan”. The truth is ALL mortgages have fees associated with them, if you do not pay them the lender or broker must. (more…)

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Mortgage Crisis – The Crooked Predatory Lenders

Saturday, June 7th, 2008

 

 

Everyone by now is aware of the looming mortgage crisis and has probably added their two cents as to its cause and effect on the financial world. Having been in the mortgage business a little over ten years I have read most of the press that is covering this historic event in America and I thought I would chime in as well. As a result of the controversial headline I assume that most of the people that will read this column will do so predisposed to hate it or love it. Either way, I hope you continue reading as I feel it will shine a light on this subject that is often neglected. (more…)

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