I had
a mortgage professional tell me just this week it isn't an issue for 5 + unit financing, but then again I have had other investors tell me this hasn't been their experience.
How would you like to attempt to purchase a home, and then have
a mortgage professional tell you that you need to establish another credit card and use it for two more years before you can purchase a home?
Instead, we'll let a seasoned
mortgage professional tell you exactly how we've impacted his business.
Not exact matches
«If you are questioning a reverse
mortgage I would
tell you to call American Advisors Group and talk to someone like my reverse
mortgage professional Richard Hersh,» Ernesto advises.
«My American Advisors Group reverse
mortgage professional Craig Vercnocke called me one day to
tell me that they had a new program and that the government had lowered the ceiling on interest rates,» Louis shares.
Any loan
professional will
tell you that live
mortgage leads can make or break you.
Closing and opening credit can drop scores so avoid these two actions unless
told otherwise by your
mortgage or credit
professional.
Working with Short Sales is difficult to start with and as a Real Estate
Professional let me
tell you that not only are the people involved with the
mortgage company inexperienced or lacking in caring, but many real estate agents without any experience believe that it is quick money for them (as they did selling Buyers homes that they could not afford in the first place) and they take on short sales believing that they are «quick and easy money».
This is where it's really important to have a savvy
mortgage professional helping you because a good one will
tell you where the break - even point is, because there's always a point where you'd be better off paying the PMI or not paying the PMI.
NAR and other industry leaders
tell Mortgage Compliance Magazine the top things real estate
professionals need to know about TRID.
These surveys have
told us repeatedly that Canadians are happy with the real estate decisions they have made,» says Paul Taylor, president and CEO of
Mortgage Professionals Canada.
«My American Advisors Group reverse
mortgage professional Craig Vercnocke called me one day to
tell me that they had a new program and that the government had lowered the ceiling on interest rates,» Louis shares.
We could
tell you about how our products and people are the best, but it means much more coming from your fellow agents, brokers, and
mortgage professionals.
That could be a mistake, as
mortgage professional can
tell homebuyers how much they can afford before they start shopping.
And I can
tell you from my many dealings with
mortgage professionals, this is the one thing that's usually lacking — web traffic and visibility.
«While a notable number of Americans feel they could buy or sell a home without a real estate agent, our survey
tells us that when the time came, the majority of homeowners did seek the added
professional help and enlisted an agent,» says Kevin Christopher, head of
Mortgage Sales, BMO Harris Bank.
Mortgage professionals generally
tell borrowers to expect a home refinance to cost 3 percent to 6 percent of the loan amount.