Reverse mortgage is a complicated subject. Nobody wants to discuss them, and yet, for some it can be an excellent solution. Elder’s heirs may not appreciate it much, but it can be a lifesaver. Kind of reminds us of that bumper sticker you see on the back of a motor-coach; “We’re spending our children’s inheritance!”…
With interest rates rising, this is starting to affect the mortgage business. Fewer are looking to refinance and real estate sales are slowing. That means it’s time to step up your marketing game, because there are fewer takers. With that in mind, let’s talk a little bit about your online marketing and your advertising. Your…
US Bank Verification of Mortgage – Are you in the process of buying a new home or refinancing your existing mortgage? If so, then you’ve likely heard about US Bank’s verification of the mortgage process. This critical step ensures that lenders have accurate information about your current mortgage status and financial history. In this blog…
Are you ready to say goodbye to your mortgage? US Bank Mortgage Payoff Request – Congratulations! You’re one step closer to achieving the ultimate American dream of homeownership. But before you can officially call your property yours, there’s an important task that needs your attention – a US Bank Mortgage Payoff Request. Whether you’re…
Wyndham Mortgage Look no further than Wyndham Capital Mortgage! As one of the best mortgage lenders around, they offer competitive rates, exceptional customer service, and a variety of loan options. Whether you’re a first-time homebuyer or refinancing your current mortgage, Wyndham Capital Mortgage has got you covered. Keep reading to learn more about why they…
In the good old days, before the housing bubble burst, being a mortgage broker or loan officer was like having a license to print money. After all, interest rates were low, housing prices were rising, and almost any homeowner could be persuaded to refinance their home. On top of that, banks and lenders were particularly…
Book Review: Your Successful Career as a Mortgage Broker by David Reed, Amacom: American Management Association, 1601 Broadway, New York, NY 10019, ISBN 0814473709, 978-0814473702, $18.95, 240 pages, 2007 David Reed’s latest hostage title; Your successful career as a mortgage broker complements a successful ongoing mortgage banking career and his previous three mortgage-related books. Based…
A mortgage is a type of agreement. This allows the lender to take away the property if the person fails to make cash payments. Normally, a house or such costly asset is given in lieu of the loan. Home security is what a contract is signed for. If the borrower fails to repay the loan,…
The answer to this question will depend on your home state. Some states are judicial foreclosure states, some states are nonjudicial foreclosure states, and some states like Maryland are quasi-judicial foreclosure states. Judicial Foreclosure: Delaware, Pennsylvania, In a judicial foreclosure state, the lender will file a complaint seeking the money judgment and mortgage foreclosure. It…
The economy is struggling to recover, unemployment is high, and as a result there are many people who are behind on their mortgage payments and at risk of foreclosing on their home. To help people save on their homes, mortgage companies and the federal government are touting the benefits of loan modifications and homeowners are…