What Different Types of Repayment Mortgages Are There?

standard variable rate mortgage Standard Variable Rate or SVR is a type of mortgage where the interest rate can change, influenced by the Bank of England’s base rate. Each bank sets its own standard variable interest rate which is usually a few percentage points above the Bank of England’s base rate. SVRs are one of … Read more

Cost Per Loan Financed – Creating a Book of Business

There are several essential metrics that must be considered when determining where to spend valuable marketing dollars. The acceptable cost per funded loan depends on where one sits in the organizational chart and how much of a stakeholder is the long-term growth of the company. Successful lead generation firms are aware of this and for … Read more

Injunctions in Federal Health Care, Securities & Bank Mortgage Fraud Cases for Attorneys & Lawyers

Health Care Fraud, Bank/Mortgage Fraud and Securities Fraud Practitioner should be aware of 18 USC § 1345, a law that allows the federal government to create federal health care crimes, bank-mortgage crimes, securities crimes and other offences. Otherwise known as the federal fraud injunction statute, it also authorizes a court to freeze the assets of … Read more

Will a reverse mortgage work for you?

As a reverse mortgage loan officer, I see many heartbreaking stories every day. The sad truth is that most of us have not properly planned for our retirement, I myself am 64 and fall in this category. Most of my friends are already retired and have a hefty 401K or pension to fall back on. … Read more

Here Is How Anyone Should Refinance Their Irrevocable…

Understanding Revocable and Irrevocable Trust Real Estate Living trusts have become a common tool for managing financial assets because of the estate planning and tax advantages they can bring. When setting up a trust, you must decide whether it should be a revocable or irrevocable one. This decision determines how much control you can have … Read more