Keeping abreast of the FHA Condo Approval Process is crucial in ensuring successful closing of your condo listing or purchase. There are very lenders doing spot approvals these days, so clarifying the status of a specific condo project BEFORE a purchase contract is entered into will save all par
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01/29/2011
It is time for a barn raising!!! I am so ready to help my neighbors and improve our community that i cannot contain myself. A few years ago I was confronted with the question of “What is a barn raising?” As a native Montanan I did not realize that many people did not understand, or apprecia
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01/09/2011
Belief in White Knight’s and “pixie dust” are not doing your clients any favors in the current market. I guess I have always had a “bankers state of mind” in all aspects of life. A good friend of mind (who happened to be a seasoned therapist) once told me a was a “Pragmatic Romantic”. In
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01/08/2011
Entering 2011 begins the inevitable (by current regulations) end of the Fannie Mae High Balance Loan Limits. Fannie Mae has already announced the the 2010 High Balance Loan Limits will remain in effect only through September 30, 2011. Currently, the maximum loan limit for a Fannie Mae loan is
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01/06/2011
Very accurate post...and I can say that from experience. I worked for an very large internet lender for over four years and was always in the top 8% of originators (330 loans in 2003). There is absolutely no way I could close between 21 and 50 loans per month and provide agents with the communi
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01/04/2011