Ramsey Yount's (ramsey) Blog

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Mortgage and Lending - Signature Lending Group, Inc
RECENT BLOG POSTS
REALTORS!!! In these changing times in the mortgage industry, I wanted to let you know that Signature Lending Group’s business continues to grow.  I believe we have been successful due to two reasons.  First, we communicate better than anyone.  Second, people like you continue to put their trust...
08/17/2007
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Rate Lock Duration Lock durations can vary for mortgage financing, but most lenders lock in the interest rate for 60 days from the date the loan application is submitted. As long as the loan is closed within that lock-in period, the lender honors the agreed upon interest rate.Some consumers are ...
06/28/2007
Interest Rates Change Daily Interest rates change constantly, but it is important to know that rates are cyclical. If rates are currently at historical lows then we know there is a strong probability rates will go up again, and vice versa. Certain economic indicators such as unemployment data, c...
06/18/2007
Dealing with Debt After Retirement Reverse mortgages designed to help "house rich, cash poor" seniors meet their day-to-day expenses have gained popularity. Equity is taken out of the home, so debt increases and equity diminishes over time, (unless the property value increases and offsets this u...
06/11/2007
Preparing Your House for the Market If you're selling your home, make sure your home has "curb appeal." Remember, you can't change a first impression. If your home looks like a diamond in the rough, think about putting a small investment into cleaning up the outward appearance.Imagine that you a...
06/04/2007
The Home Equity Line of Credit Home equity lines of credit have become increasingly popular, and there are many types of loan programs available in this genre. This type of credit line is not meant for day-to-day expenses as a credit card would be, however, many consumers use their home as colla...
05/31/2007
Intermediate Fixed Rate Loans Intermediate Fixed Rate mortgages (sometimes referred to as Short-Term Fixed Rate mortgages, or Hybrids) come in numerous varieties; the 3, 5, 7 and 10-Year Fixed. These are all 30-year loans that carry a fixed rate for a set number of years, and then roll over to a...
05/22/2007
15-Year Fixed Rate Loans A 15-Year Fixed Rate loan works well for borrowers who are nearing retirement and want to be debt-free when they get there. Because payments in a 15-year scenario are amortized over half the length of a 30-Year Fixed Rate loan, the monthly payments will be significantly ...
05/14/2007
Choosing a Fixed Rate Loan Fixed rate loans generally come with one of two options; the 30-Year Fixed and the 15-Year Fixed. If a borrower is planning on being in the same home for a long period of time, a 30-Year Fixed may be more attractive because it offers stability. The monthly payment will...
05/09/2007
According to the Atlanta Business Chronicle, Georgia is no longer the number one state of mortgage fraud.  This has been a dirty crown that we have worn off and on(mainly on) since 2002.  We have recently dropped from number one to number eight!Here is the top ten list: 1)  Utah 2)  Florida  3)  ...
05/01/2007
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Ramsey Yount

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