Zenith Mortgage Advisors

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Mortgage and Lending - Zenith Mortgage Advisors - NMLS# 5016
RECENT BLOG POSTS
I've been a lender for 12 years.  I've helped hundreds if not thousands of clients get financing on their homes. I've seen lots of odd and goofy things before.  This one takes the cake. I have a great client.  A repeat client, many times in fact.  They want to refi, and the numbers make sense.  T...
02/17/2010
Ok, I've been a lender for a dozen years.  I've helped hundreds of clients, and written thousands of loans.  I have tried to use any number of different means to communicate with the realtor partners that are involved in the transaction with me.  I've emailed, called, you name it. Sometimes, real...
01/25/2010
New HUD Policy Created to Allow Quicker Foreclosure Re-sales! Effective February 1, 2010 the Department of Housing and Urban Development (HUD) will relax FHA rules that prohibit insuring mortgages on homes that are owned by the seller for less than 90 days - a move that could help expedite the re...
01/25/2010
This is from a book called Sway which is a psychological study of irrational behavior.  This book supports the theory that you are much more likely to be successful if you offer people $0 for their referrals then you will be if you pay them.  I know that doesn't make any sense but as you'll see, ...
01/14/2010
Possibly the most needed loan in the marketplace today is the development loan, and we have OPTIONS for development loans right now, for example we have:   Normal construction loans to 65% Loan to Cost (LTC) for most commercial projects up to $10 Million Hotel construction loans to 70% LTC in maj...
01/13/2010
When I listen to the way that people communicate these days, I am a bit embarrassed. To be truthful though, I am equally guilty, at least some of the time. People use texting, which is the most bastardized form of english that a person can imagine. While many of us, if not most, txt, hopefully we...
12/22/2009
Bob Prevelige, CMPSPresidentZenith Mortgage AdvisorsPhone: (508)634-3422Fax: (866)456-4748Bob@ZenithAdvisors.comwww.ZenithAdvisors.com   Various Ways to Hold Title to Real Property Title is the legal documentation that bestows ownership of real property. This is to be indicated in Part II of the...
12/21/2009
As we approach the holiday week, we've been given a bit of an early Christmas present.  Rates improved again yesterday to the levels of a couple of weeks ago. I locked a client today @ 3.625% on a 5/1 ARM with no points! 30 year fixed rates are in the 4.75% range, also with no points. 10 year fix...
12/18/2009
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I just had a client call and say he had an accepted offer on a new home, and renting his old one out.  I knew the guidelines changed a few months ago for FHA, increasing the reserve requirements in that situation.  I covered that with him, and we still had a green light. Upon closer inspection of...
11/20/2009
As I said in my previous post "Are you a Giver?", most of us live an die by referral.  We all love to get them, and say we give them at every chance, but is that actually true? Here's a dialog that I have with as many people as I can... "Hey Sam, on a scale of one to ten, please rate your CPA/Fin...
11/10/2009
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Bob Prevelige

CMPS
local_phone508 497 9900
business866 456 4748
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