Bankruptcies can sometimes not be avoided, depending on what happens in your life. I am not here to judge you at all. My job is to help you understand your current position and to help you with any future considerations when it comes to your financing options. What I want to cover is if you have already gone through a Chapter 13 or 7 bankruptcy. So many people that did fall on hard times sometimes think that their lives are over with. This is not always the case, hence why you need to speak to a mortgage professional. One option … (14 comments)
cherry hill: FHA -- Non-Occupant Co-Borrowers, are they allowed?
- 07/07/07 10:14 AM
FHA will allow a co-signer that is not living in the house unlike conventional loans in which the borrower still needs to meet certain qualifying ratios even if they have a co-signer. This can be great for first time homebuyers. One thing that so many get confused no matter what type of loan they are applying for is that a co-signer with good credit can't overcome the bad credit of the primary borrower. Meaning that the co-signer with good credit can't get you a better priced loan. On FHA loans, 100% of the co-signer's income can be used no matter … (24 comments)
cherry hill: Renting vs Buying -- Knowing your loan options -- Part 3 of 3
- 06/21/07 07:58 PM
So you have been told that you qualify for a home. You are so excited, just thinking about this daily. You finally will own your own home with a piece of property. You have been told by many to just ask for a 30 year fixed rate. Maybe you don't have much money to work with. Maybe you have 30% to put down on the property. You actually know that this is a starter home and that you will probably only be in the house for 4 to 5 years, because you would also like to have another child. GOALS..... I … (8 comments)
cherry hill: An Introduction to Haddonfield New Jersey.....
- 03/31/07 03:53 PM
Haddonfield, New Jersey is located in Camden County which is located in Southern New Jersey. As of the United States 2000 Census, the borough had a total population of 11,659. Haddonfield is an unique town because of it's friendly residents, the close knit community, and because of its many special events that it holds each year. It has a an old, rustic look because of the many old homes that have been maintained throughout the years. As a resident of Haddonfield for 3 years now, I have grown to love this town and just enjoy the people and events that take … (12 comments)
cherry hill: How did I lose that client!!!!
- 12/09/06 01:25 AM
Every now and then I am sure many of us, even after going the extra mile, just can't seem to capture that one particular client. This goes back to a client of mine that was recommended by a realtor, but at the end, wanted to choose their own mortgage company. Was my rate higher? Was my service lacking? My follow up not up to par? None of the above. Quite frankly, when they told me that they decided to go with another lender, who was actually a local bank, they said they were impressed with my follow up throughout the process. My … (62 comments)
cherry hill: The strength of Active Rain & "you" as the community........
- 12/05/06 03:11 PM
Today was an interesting day. Marc Blasi started us off with a blog yesterday which I took to the next level. Since then, there have been about 4 other blogs that have been featured, related to the topic that Marc had discussed. Rich Jacobson had made a few comments in my blog,New Group Confusion - Part 2... A spin off blog. - Retaining new members on Active Rain, which happened to have been opposite of what my blog was about. He challenged myself and other's on Active Rain to be patient. You need to read the blog to find out more. But … (46 comments)
I just want to educate people about mortgages and the process.
In regards to lending, I am very creative, intuitive, honest, and one who communicates information, may it be good or bad. I am a loan officer that looks out for your best interest.
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