Ken Land's (kland123) Blog

Changes to the gift rules for Fannie Mae.  The minimum downpayment for a conforming Fannie Mae loan is 5%.  Previously this 5% had to be from the client and they could have additional money gifted for a larger down payment.  Under Fannie Mae's new lending guidelines, now in effect, securing a mor...

To all the Active Rain Community and anyone reading this - Merry Christmas!  Hopefully you are able to spend some quality time with your family and friends this year!  May God Bless you and the coming new year!   

As our industry continues to evolve technology, high tech gizmos, and borrower sophistication plays a bigger and bigger role in how we do business.  I have noticed that a great way to differienciate is to embrace the techno innovations and use them as a wow factor, efficiency enhancement, and/or ...

Software that is fun, free, and give you a leg up!  TechSmith | Jing, instant screenshots and screencasts,home www.techsmith.com  Add visuals to your online conversations. Jing captures anything on you see on your computer screen, as an image or short video, and lets you share it instantly. Get y...

     You may or may not have heard but a recent change from Fannie and Freddie has put a requirement on lenders to "refresh" credit reports prior to closing loans.  This did not come as a surprise to me as one of the biggest buyback issues lenders were facing was a result of undisclosed debt.  Th...

I am sure everyone reading this (all 2 of you :-) have been to networking meetings, business social events, or participated in some kind of lunch and learn or meet and greet.  The whole point of being there is to expand your network, meet new people, and hopefully either earn their business or wa...

Can anyone tell me where common sense has gone?  I know this was something that was in short supply at times but now-a-days I think it may be completely gone.  This seems very true in our business today but now its leaching out into everyday life!!!  Where did it go - oh where did it go?? Thought...

  Realtors and consumers alike - when you are shopping for a mortgage or if you have a client looking for a mortgage, make sure you know that in today's market - if it sounds too good to be true it is!!!  Due to the "credit crunch" and the tightening of guidelines - the selection of mortgage pro...

"a promise is a promise"  That is what you need to know about Magellan Mortgage. My sales approach is one based on consultation and presenting options. Once we decide on an option - that product, rate, term and fee is delivered on at closing.  Each client is treated with the respect and care the...

   Dear Friends and Family,  I recently accepted the challenge to raise funds to support the 2008 Komen Charlotte Race for the Cure on October 4, 2008 in the fight against breast cancer.  One in eight women will be stricken with breast cancer in her lifetime and the more we raise, the more the Ch...