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homes buyers mortgages: The Number of Mortgage Options Just Went Down - 08/17/09 10:48 PM
Life got a little tougher for mortgage brokers last week as a large wholesale lender was forced to close their doors. The fact is that the number of loans being placed by mortgage brokers is down substantially from last year. The number of major banks that had wholesale operations for mortgage brokers has dropped significantly. With the sharp drop in mortgages being written, many banks do not have the need for the mortgage brokers. These banks are driving the business to their in-house retail operations.
Is the mortgage broker still a viable option for homebuyers? YES, but they should be considered … (1 comments)

homes buyers mortgages: New book and website - 08/12/09 07:17 PM
It has been some time since I last posted a blog here on ActiveRain, guess you can say I've been tucked away finishing my book and website.
My book, Homes Buyers and Mortgages, is a solutions oriented book that provides not only information on how things have changed but serves as a resource guide to homebuyers of where to go to avail themselves of these programs.
The website, www.HomesBuyersandMortgages, provides links to sites such as your State Housing Finance Agency, USDA - Rural Development offices, VA Regional offices, FHA, VA and Fannie Mae approved condominiums, FHA lenders in your area, etc...
I plan … (1 comments)

 

Jason Kotar

Fort Lauderdale, FL

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Kotar Associates

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