Brett Sampson's (bsampson) Blog

Let’s say you currently have an FHA loan, and you would like to refinance it.…but, your credit is poor. You think your stuck. …That you can’t refinance.I have good news for you. …As long as you have been paying your mortgage on time you can still do a Streamline Refinance on an FHA loan. …Even wi...

I hope you had a good weekend!Every now and then I’ll buy something from Simple Truths. …Consequently they send me emails advertising their products.I wanted to pass along this short video to you from them. It’s only 2 minutes, but it’s powerful and will help you strengthen your relationships wit...

I want to give you a solution to a problem I see every day.Disputed accounts.Usually when I see someone with alot of disputed credit accounts its because a borrower has hired a company to try to “improve” their credit scores.Often they are surprised to learn when they apply for a mortgage their l...

Many of you may be unaware that FHA county loan limits have gone up.Some counties are much higher than they used to be. In fact, there are some counties that exceed $330,000 on a max FHA loan now.Remember, the max FHA loan is 96.5% on a purchase. So, for a $100,000 purchase the most you could bor...

Every now and then I’ll pull back the curtain on my personal life in these blog updates.I’m going to do this today.…Some of you are aware, but most of you are not that my divorce was finalized earlier this year. It was unfortunately contentious, and took over a year to finalize, but it is done.Wo...

I hope you had a good weekend!Couple of quick things…1) Gave our web site an update. Check it out when you have time… www.berkshirelending.com2) I wrote this free report that gives you six simple steps to show you how to buy a home for your family in the next 45 days – even if you don’t have mone...

In Texas, where I originate anything over $417k is a Jumbo loan.We have some very unusually Jumbo loan products that I wanted you to be aware of.Here are the bullet points on these Jumbo loans…CORE JUMBO-Owner Occupied to 90% LTV without MI up to $1.5M – 30 YEAR FIXED RATE (very unusual!)-Non-Own...

I get asked about “Deed In Lieu” sometimes.A Deed In Lieu is where you beat the mortgage company to the punch… …and give the mortgage company back the house before they have a chance to foreclose.People ask me how a Deed In Lieu would affect their credit.I tell them that it would be treated the s...

For those of you who may be unaware, a new phase of the Frank / Dodd regulations went into effect October the 3rd. These are regulations that affect the mortgage and real estate industry.I won’t go through a complete list of all the new regulations.I did want to point out one unintended consequen...