Angelo 's Blog

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Mortgage and Lending - First Centennial Mortgage - NMLS # 132763
Why overpay for a home by overpaying for a mortgage? My role as a loan officer is to put education at the top of the list for homebuyers & prepare them to get the most value. In 2008 I was awared the NAMP Integrity Seal (ethics & professional commitment to consumers), also received CRMS & CMC designations. Less than 1/2% of all loan officers have achieved these levels of recognition.
Rain Camp Chicago is a hit.  It's 2PM and I am impressed.  If I absorb 10% of what was presented, I received my money's worth.  For those of you that could not make it, you missed a great experience.  While the info was directed to Realtors, this mortgage broker believestoday was well spent with ...
Time is running out!  April 5 & April 15 not April 30 April 5  - FHA up-front mortgage insurance increase After April 5, the FHA up-front mortgage insurance premium will increase by 1/2% from 1.75% to 2.25% resulting in an increase in monthly cost to the borrower of just under $3 per $100,000 pur...
I believe that Social Media networking is a significant cause of Global Warming.  Here are some of the Facebook statistics that support my theory. > Facebook has more than 60 million active users. > Active users doubling every 6 months; over 20 million users. > Visiting Social Sites is now the 4t...
With April 30 coming up (last day for Tax Credit qualified contracts to be signed), do you wonder what the impact will be on home sales once this program expires?  I for one am concerned that unless we start seeing more JOBS and increased consumer confidence, we will face the DOG DAYS OF SUMMER. ...
This is actually good news! Instead of increasing the borrower's FHA down payment requirement, HUD has issued Mortgagee Letter 2010-02 - (effective for case numbers issued on or after April 5, 2010 - applications taken) to increase the up front mortgage insurance premium (MIP) from 1.75% to 2.25%...
Hey Hey what do you say, dems wild ride might be over today! For those of you that were not paying attention, Ted Kennedy's senate seat just flipped when the Massachusetts voters elected a Republican, Scott Brown to his vacant seat in today's special election.  This doesn't change the fact that t...
Have you ever tried to locate a Real Estate Professional via ActiveRain?  I tried to find an AR network loan officer in Fairfax County Virginia and started reading their blogs to find someone with the chemistry and knowledge that I felt would be a good match for a friend in need of a refinance.  ...
For those of you that believe that the world is coming to an end, you are right.  As long as we allow our leaders to "cook the books" and selectively publish only the data that supports their global warming position, we are doomed.  Read "State of Fear" by Michael Crichton.  While it is in the fi...
Last night I was priveledged to be at the Union League Club as approximately 50 recipients of America's highest award for valor in combat, the Medal of Honor were welcomed to Chicago for the start of the 51st Annual Congressional medal of Honor Convention. Recipients that served in  WWII, Korea, ...
"Get it over with!" Beginning in January, 2009 and continuing until the marital house is sold, spouse #1 will recieve $1000 per month from spouse #2 who also pays housing costs (PITI plus utilities) of $4000 directly to mortgage servicer and utility companies.  After sale of marital house, spouse...


CRMS, CMC, Mortgage Specialist NMLS # 207204
local_phone(847) 592-2977
smartphone(847) 209-9458
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Why overpay for a home by overpaying for a mortgage? We put education at the top of the list for homebuyers & prepare them to get the right mortgage the first time and every time. Check our website at for helpful information