lenders: Be Careful of Scams - 03/16/09 04:24 PM
I have answered several phone calls since Obama's new "Making Home Affordable" plans that have been introduced in regards to these two programs on refinancing and modifications. One client in particular said that he received a phone call from a company that will help him with his modification for a fee, of course.
Please be careful and wary of any one that calls you and says that they can help you modify your mortgage for a fee.  Lenders will do this for you for FREE.  It can take a while for this process to happen because lenders do not have all their … (2 comments)

lenders: Yes, There is Money to Lend! - 01/28/09 01:38 PM
This morning my alarm went off and as I am lying there trying to decide if I really want to wake up, the morning show crew begins a dialog. Guess what that dialog is about?  You guessed it, one of them is refinancing his house! 
Well immediately I am up, (the quickest I have got up out of bed in a very long time) he starts by saying that he doesn't think that lenders are lending money because it is taking so long to get his easy refinance of his first and second that is under 80% completed. 
I want to … (1 comments)

lenders: Changes - 01/25/09 05:35 AM
"The only constant is change."  Who said that?  In my search, I found several people have said similiar quotes. The theme is that change will always happen.
Whomever we give credit to,  is absolutely correct, especially in the world of lending.  The last 18 months have seen constant change. Most of it good.  There are some continually tightening rules that seem to be too far in the spectrum though.  I will highlight a few of those here.
Fannie Mae and Freddie Mac are imposing pricing adjustments for certain loan to values, types of loans, credit scores and if a borrower is … (0 comments)

 
Karen Cox, NMLS#117349 (Landmark Professional Mortgage Company)

Karen Cox

NMLS#117349

Salem, OR

More about me…

Landmark Professional Mortgage Company

Address: 1255 Lee ST SE #200, Salem, OR, 97302

Office: (503) 385-4050

Mobile: (503) 930-4848



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