David Winfrey's (dwinfrey) Blog

Special Report SeriesFocus on a Slower Market: Tips for Staying in the Game Market downturns call for innovative strategies and fresh ideas to keep your business surviving and even thriving when the numbers of leads and closings drop. In our new, two-part series, we'll explore ways for you to sta...

Making Sense of Your Closing Costs When you go to a lender to get and idea of what to expect for closing costs it can seem a little overwhelming.   Below is a break down to help you understand your good faith estimate a little better.   Interest rate discount points are fees paid up front to the ...

What is really in a rate selection??Most people feel the lower the rate, the better deal I received! The truth is that selecting an Interest Rate should be an "Economical Decision and NOT an Emotional Decision" When determining an interest rate for your loan you should consider some compensating ...

Home Equity Conversion Mortgage (HECM) reverse mortgages  A Home Equity Conversion Mortgage (HECM) is a federally insured reverse mortgage. Ninety-five percent of all reverse mortgages are HECMs. The Federal Housing Administration (FHA) sets limits on how much a HECM reverse mortgage lender may l...