George Souto - FHA, CHFA, VA, USDA, & Fannie Mae Home Mortgage Loans, Connecticut

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Mortgage and Lending - George Souto NMLS #65149 FHA, CHFA, VA Mortgages - NMLS #65149

ARCHIVED BLOG POSTS

2006 

Earlier this week I Refinance a house for an Elderly Couple.  They were looking to pay off their credit card debt and do some much needed  improvements to the house, which they plan on leaving to a daughter that still lives with them. They bought the house in 1980, and have never Refinanced. Does...
10/20/2006
Tis it nobler to put your Borrower into a “Subprime Loan” or have them wait to clean up their credit?  I have done a few Subprime Loans, but not many.  They definitely a place in the Lending Industry, and it is an option that I feel should only be looked at after everything else has failed. Some ...
10/19/2006
I am sure that most, if not all of us have told a "Redneck Joke" at least one time in our lives, but nobody does it better than Jeff Foxworthy.  Jeff has been picking on the "Rednecks" for a long time.  Well now he has decided to expand his horizons to us New Englanders.  So for those of you who ...
10/19/2006
If there is one a constant in the Real Estate business its that there is a high turnover rate, and I am not talking about houses.  This business more than any other that I have been apart of, people move around and don’t stick around. The moving around seems to be more in the Realtor end of the ...
10/18/2006
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"The Lovely Wife"...Broker Bryant's...Wife! blog on Monday From The Dark Side Of Real Estate...I Need A Flashlight...Do You...Roar got me thinking about what was my strangest Closing.  Once I started thinking about it, it was easy which Closing that would be.  It was in March of last year, at 9:...
10/18/2006
Let’s face it, buying or selling a home can be one of the must stressful things that anyone ever goes through in their life. I see this stress every day, and it doesn’t matter what stage of the process they are in. The seller stresses about whether their house will sell in time for them to have ...
10/17/2006
When I first started out in sales almost 32 years ago, I was working for John Hancock Life Insurance as a Debit Sales Representative.  For those of you who don’t know what that is, it is a Life Insurance Sales Representative who sells in and services a territory.  The territory was usually very ...
10/17/2006
There still seems to be a lot of confusion as to what affects a persons Credit Score and what doesn’t.  Last month I wrote a blog on this Credit Scores, did not go into detail as to how much of a point swing each of those categories has on a credit score.  I am not going to do that here either, ...
10/16/2006
My kids accuse me of saying that a lot. Soon as I start to say it they go, yah yah dad we know you walked two miles to school each day, it was up hill both ways, and you walked it backwards. The funny thing is I really did walk two miles to school. I find myself saying the "When I Was Your Age" ...
10/16/2006
 Today was a "Good God Day" as my friend "The Lovely Wife"...Broker Bryant's...Wife! would say. I got to spend time with family and friends at Church, but most importantly the opportunity to give thanks for the many ways I have been blessed.  I also got to help out a Realtor friend who was in a j...
10/15/2006
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