Brett Sampson's (bsampson) Blog

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Mortgage and Lending - Berkshire Lending, LLC

ARCHIVED BLOG POSTS

2014 

I hope your having a good day so far! I finished writing a Special Report for Realtors this morning. It’s titled: How Realtors Can Sleep Better At Night,Have Less Stress, And Have More CashIn The Bank. Five Things Your Loan Officer Must Absolutely Be Doing Right! Even though I wrote it to help re...
02/25/2014
Two quick loan tips… 1) Did you know we can do USDA loans down to a 580 credit score now? …We can! However, you should be aware that the underwriter will want pretty clean credit over the last 12 months. …No new derogatory activity in the last 12 months. …and, remember you can do up to 6% seller ...
02/23/2014
Since 2008 happened there has been a void in the mortgage market. When I say a “void” I mean there hasn’t been a loan available to serve a specific section of the mortgage market. This “void” has been the following… A person who is self employed (either owns their own business, or is a 1099 commi...
02/16/2014
I want to talk to you about the impact of disputed accounts on Conventional loans. There’s two ways you get a disputed account. …either you dispute the account yourself with the credit bureaus. …or, you higher someone to dispute the account for you. When your credit is pulled the prospective lend...
02/11/2014
When you buy a house there are three sets of costs you will incur (other than your down payment)…   1) Closing costs. These are mortgage company fees, title fees, appraisal, survey, recording fees, etc. Typically these fees will add up to around 1% to 2% of a loan.   2) Prepaid taxes. For a purc...
02/09/2014
If your loan officer is telling you that you would qualify for a manual FHA loan, if only your ratios didn’t exceed the FHA benchmark guidelines. …don’t fret. There may still be hope for you. If you can produce two of these compensating factors then you have a shot at overcoming a hight debt to i...
02/05/2014
Do you have credit scores, but your co-borrower doesn’t? Or, is it the other way around? …Do they scores, but you don’t. Good news! …I have a loan program to meet your needs! Here are some things to keep in mind with this particular program… 1) At least one borrower on the transaction must have a...
02/02/2014
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Brett Sampson

Texas Lender
local_phone(888) 875-7675
smartphone(214) 228-2279
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