Rich Hirsch's (rich_hirsch) Blog

By
Mortgage and Lending - Guaranteed Rate - NMLS ID: 21441
RECENT BLOG POSTS
There are so many different types of mortgages out there — how do I know which one I should choose?You’re right, there are a lot of choices. Each type of loan has different benefits and advantages, so it’s important to discuss your financial goals with me when we sit down to review your needs. It...
02/19/2013
After some ups and downs this week rates finished where they began. Although off the all time lows rates are still very attractive. These rates apply to properties in New Jersey and Pennsylvania. No changes this week. Rates 02/15/2013 – 02/18/2013 30 Year Fixed Conforming (up to $417,000)3.50% 15...
02/15/2013
Part 1 Why should I buy vs. rent?Paying rent is like lining your landlord’s pockets — you pay while they build equity, write off the interest on their mortgage and deduct their property taxes. When you own your home, it is an investment. Over the long term, the worth of a home generally increases...
02/14/2013
Here are the results from a recent internet search for the following terms: “mortgage”                       736,000,000 “mortgage loan”              50,300,000 “mortgage refinance”     23,200,000 Wow! I knew the results would be huge, but I have to admit that these numbers were even bigger than ...
02/12/2013
2 Comments
There are 5 mortgage qualifying situations that require special attention.  If your client has a similar scenario like the ones listed below please contact me so we can determine quickly if your client will be able to secure financing. Self-Employed Clients – A person is considered “self-employed...
02/11/2013
Rates ended the week pretty much where they began. The Conforming Jumbo was up an 1/8  while the 30 Year Fixed and 15 Year Fixed held steady for the week. These rates are based on properties in New Jersey and Pennsylvania. Rates 02/08/2013 – 02/10/2013 30 Year Fixed Conforming (up to $417,000)3.5...
02/08/2013
The home loan process can be intimidating. It's a transaction with many aspects that may be unfamiliar to you. Understanding how the process works is a great way to remove a lot of the stress you may feel when making such an important decision.   Below are the 10 core steps of the loan process th...
02/06/2013
I’ve had an experience with carbon monoxide and although no one was hurt it was a wakeup call. I also personally know someone that pulled their car in to the garage, was in a rush, and neglected to shut the motor off. Luckily, disaster was averted. Being aware of this danger is important and we n...
02/05/2013
Do not change jobs or become self-employed .Do not buy a car, truck or van.Do not use your credit cards more than usual or make your payment late.Do not spend the money you have saved. Do not buy furniture before you buy your house. Do not originate any new inquiries on your credit report. Do not...
02/04/2013
  All,   I think this glossary of terms is good for clients and/or to list on your website.       Whether for a new purchase or a refinance, it's a great idea to do some exploration beforehand to familiarize yourself with the process and what you can expect during your loan application, approval ...
02/02/2013
Rainer
13,527

Rich Hirsch

VP of Mortgage Lending
local_phone(717) 610-0736
smartphone(908) 410-9066
Contact The Author