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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.
Our company, Resource Plus Mortgage started a sharing program in 1998.  This month we crossed $50,000 in total contributions to charities.  When one of our employees elected this charity, I laughed at the name and thought he was trying to pass off a "charity begins at home" selection.  That wasn'...
Mortgage rates have not moved much over the last few months as the Fed has droped the discount rate.  In fact, the latest movement has been to the upside.  Inflation, or the fear of inflation is what drives the fixed rate loans and the Fed still fears signs of inflation and will attempt to take a...
Many of us use obtain an equity line of credit to have as an emergency fund.  Why tie up cash if you can write yourself a check when you need it.  Isn't this one of the ways the banks market the equity line?Yesterday I received a panic call from a past client that had obtained the line of credit ...
This Sunday, March 19,  will be the 28th running of the March Madness Half Marathon.  It starts at 8:35 AM from the Cary-Grove High School at 2208 Three Oaks Road in Cary, IL.The challenging course begins heading East on Three Oaks Road in Cary (McHenry County) to Hickory Nut Grove Road where it ...
Effective March 6, 2008.  Great news for those that are having trouble qualifying with low downpayments.  With great fan fare, the  increased FHA loan limits were announced today.  The new limits are county specific and designed to help traditional home buyers and those with low down payment or m...
Does this sound familiar?  A couple of weeks ago, my daughter in law said that with the cold weather, the kids were going crazy in the house.  My wife had an idea that turned into a great day.  Pack the kids in the car and we will go to Timber Ridge water park in Lake Geneva, Wisconsin. As we hav...
Sounds like the regulators are again proving that they will blame anyone but themselves.  This week the appraiser is wearing the bulls-eye.On January 1, 2009 new appraisal regulations will be in effect to increase consumer costs and increase the inefficiency of the mortgage process.  Fannie Mae a...
In a letter sent to every US Senator, the National Association of Mortgage Professionals (NAMP) said that "... the bankruptcy cramdown provision of S 2636 (Foreclosure Prevention Act of 2008) as it is currently written, will further destabilize the economy and place consumers in even greater peri...
Conforming mortgage rates are below 6% and might drop further next week.  With changes in the lending limits (except in ILLINOIS), some of the credit uncertainty has been reduced.  For those that missed the refinance opportunity of a few weeks ago, there may still be hope.  Buyers who are sitting...
Condo mortgages are becoming more difficult .  Lenders are tightening up their condo lending guidelines.  One of the lenders that offers us the most competitive mortgage interest rates reduced their maximum loan to value for owner occupied condos purchase to 90%.  They say it only affects declini...


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