Dax Dickson's (crecompanies) Blog

How many LO's are trying to get your business?I won't lie.  I want your business too.  Yeah, I close on time. Tons of my business comes from client referrals.  I don't talk about sending buyers I do it.  It is all true but how many times have you heard that?If you are not happy with the LO or LO'...

Yes!  Now days it takes better credit to get clients the mortgages we used to be able to get ANYONE.The solution I have found that works to get my borrowers credit improved 50 to 100 points is Credit Restoration.  I have tried several other Credit Restoration companies over the years and Kara Jac...

What do you think?This is what I want to know.Lately, the market has been picking up.  I am not sure if there is less business or fewer LO's and Agents fighting for it.  Some of my newer clients have said they worked with the same mortgage guy for years and now he/she is out of the business.  If ...

I was on the Fannie Mae website and historic 30 year mortgages rates have not been this low since 1971! Home prices are downMortgage rates are at record lowsThis is the time for so many first time buyers and experienced investors to clean up I hear a lot of people complaining but I could not ask ...

Hard MoneyWith home prices and interest rates down there are a lot of people looking for Hard Money.  What I have seen the most of is residential rehab hard money requests.  It seems with all the bank foreclosures many investors are buying up properties.How Residential Hard Money Works:Property a...

I was watching the news today.  What was talked about was that nationally we have over a 10 month supply of homes on the market.  What will it take to sell these houses?Lower prices!  I am still doing purchase mortgages every month.  However, what I have seen is my borrowers are getting houses 10...

Good Morning ALL!I hope everyone is enjoying the holidays.  Lately, I haven't been blogging as much as I would like.  Some days I just can't think of a topic.  I would like to start blogging about things that take a little bit of research to blog on accurately.  If any of you out there on ActiveR...

2007... What a year!In my ten years in finance I haven't seen one like 2007.   - Lending Laws Changed  - The media created a frenzie in the mortgage and real estate industry  - We survived2007 wasn't my best year but I did learn a lot and what I learned will be carried over for a great 2008! I wi...

Happy HOLIDAYS to everyone out there.  I am taking a whole week and a half off.  I really think this year is going to wrap up well.  Changes in the market made my job a little more challenging but as of April 2008 I will have been in Commercial & Residential finance for a decade.  God that makes ...

Mortgage Fraud  Everyday I hear another story about some builder or real estate agent partnering up with a loan officer to try to dupe the lenders. Seriously, I hope they all go to jail and lose everything they have. It is hard enough to gain the trust of borrowers with out all of these jack asse...