SHAUN's Blog

UNDERWRITERS- Also referred to as  GOD by some. This is the person that spends hours a day going thru the files that loan officers submit. They are the ones that have the final say if a file goes to the closing or not. I am lucky to have two of them in my office. But, don't  you think for a minut...

I will be leaving in the morning to go inshore fishing in Sebastian Florida.  I will try to take some pictures to post. If I don't catch anything, I can at least show you haw beautiful it is. I went at night about a month ago and didn't do well. This time I hope to do better. Wish me luck.

With all of the hype going on about the Adjustable Rate Mortgages, I guess the next thing is going to be the Option Arms. I have to agree that there a lot of people getting these loans that have NObusiness getting them. On option arm allows you to pay a teaser payment. Usually 1-2.75% wow. that s...

Are you upset with the fact that your Adjustable Rate Mortgage is going up? Hmmm. Lets see now, adjustable What does that mean? Well, if you didn't ask this question shame on you. When the rates started dropping, An arm was the way to go. But, who would have thought that the rates might go up? I ...

Ok, I am writing this  to try to put things into perspective.Are you thinking about refinancing your home to pay-off some bills?1 Credit - This is not your money. This is someone else's money that is willing to loan to you. The reason that they want to loan this to you is to make money from it.2....

I see that a lot of Realtors have their own websites. Is this marketing 101? I havn't taken the time to set up a website for myself. How important is it for a lender to have his own website? Does it really make that much of an impact on your decision to use a specific lender? The company that I w...

I hope you had a great 4th of July today. I was lucky enough to have my two children spend a couple of days at the beach this week. When I realized that I would be celebrating the 4th without children, I asked my beautiful wife of 16 years if she would like to go fishing with me. She agreed and w...

It looks like the 10 yr. note just got better. Now might be the time to lock your loans if you are floating. If you wondered how we know when rates are getting better or worse, we watch the market. Mostly the 10 year note. When it goes down, The rates tend to go down. When it goes up, well you ge...

What are you doing different than other people in your field? I have come to the conclusion that If your are not different you can suceed. But, you won't be a superstar. Look at the people that are sucessful in your field. Is there someone that sticks out in your mind? That is what I am looking f...

What do you base your sales on? Is it the length of time that you have been in the industry? I live in Lakeland Florida. Last year we placed 4th in the country for home sales. This year is down compared to last year but up from 3-5 years ago. What we face is that as the market increased in our ar...