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Mortgage and Lending - Funky Quail Vintage
Factual, up to date information, on topics surrounding the mortgage and realestate industry!
RECENT BLOG POSTS
Due to the HIGH VOLUME of phone calls I received the past week or so, I thought this topic was worth revisiting!  I am getting a call at least every hour asking me, " I heard rates went down, what does this mean for my loan?"  This is a very challenging question, because it really depends on SO m...
12/24/2008
For purposes of clarification:                  OTP= Offer to Purchase           GFE= Good Faith Estimate      CHATTEL=Personal Property           MLS= Multiple Listing Service       BOA=Board  of Realtors BNI=Business Networking International Hello everyone!  My blog earlier this week was top 10...
12/19/2008
 For purposes of clarification:                 OTP= Offer to Purchase           GFE= Good Faith Estimate      CHATTEL=Personal Property          MLS= Multiple Listing Service With the ever changing lending enviroment, I think it is MORE IMPORTANT THAN EVER that Realtors & Lenders work together a...
12/17/2008
Seriously folks, I thought of all the blogs I have read lately, this one, was  really important!  It is a largely misunderstood part of the process and hope it helps customers, buyer, sellers, Fsbo's, and realtors alike!  Thanks for taking the time! Mr & Mrs. customer,  you truly NEED TO KNOW wha...
12/15/2008
Hello everyone!  It's me again, affectionately known as D-Money!  :) For the first time in a long time, I kinda had a bad day today!  It is ALWAYS A GREAT DAY to be in the mortgage business, but I lost a very large mortgage customer today that I have had with me for almost 5 years!  Why you ask? ...
12/12/2008
Hello everyone! Couple of years ago, my father sent me an article from MONEY MAGAZINE that was entitled "When good faith estimates go bad".  It was an awesome article actually, and the reason he sent it to me is because it featured one of my "so called competitors" in Madison, Wisconsin The artic...
12/11/2008
This is TOO good of a program to let pass you by!  We have GREAT interest rates right now!  Add to that the wonderful tax credit you will get, plus a little bit of FHA or USDA, and you get a great home at a great price, with great terms, and no landlord! Best of all, little or no down payment!!!!...
12/10/2008
This is TOO good of a program to let pass you by!  We have GREAT interest rates right now!  Add to that the wonderful tax credit you will get, plus a little bit of FHA or USDA, and you get a great home at a great price, with great terms, and no landlord! Best of all, little or no down payment!!!!...
12/09/2008
Over the course of my 20+ years  in the mortgage industry, I thought that I had heard it all, seen it all, done it all, and could forecast it all!  It is very clear to me now that NONE of these things are true!  However, I do clearly understand that there is, and always has been, a serious "cloud...
12/09/2008
Over the course of my 20+ years  in the mortgage industry, I thought that I had heard it all, seen it all, done it all, and could forecast it all!  It is very clear to me now that NONE of these things are true!  However, I do clearly understand that there is, and always has been, a serious "cloud...
12/09/2008
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Blogging important and factual information, enabling the general public and Realestate professionals lto stay informed on market happenings!