niche mortgage: Recently Closed - Delayed Financing in Georgia - 01/05/17 07:10 PM
Recently Closed - Delayed Financing in Georgia
 
     In mid-December I was contacted by a real estate investor in Georgia that had recently acquired a property in Atlanta in a cash purchase.  He had used cash to make a competitive offer on a property with some built in equity, and wanted to place a mortgage on the investment property.

     This was a perfect candidate for our delayed financing mortgage product that allows real estate investors (or anyone) to do a cash out refinance on a recently (within 6 months) acquired property if the property was bought with cash.  The best … (8 comments)

niche mortgage: How Renovation Loans Help Agents Sell Homes - 05/11/16 11:32 AM
How Renovation Loans Help Agents Sell Homes
 
 
 
“We need inventory”
-          Every Agent, in every market, in early 2016
 
 
     While real estate is local, mortgages often are not.  Being licensed in several states around the country, with each state having different markets within them, I get to see a lot of variances in markets along with many similarities.  One thing that seems to be consistent from sea to shining sea is a shortage of inventory, and markets that lean at least somewhat toward a seller’s market.  In some areas it’s so extreme that agents don’t even want to work with buyers in … (21 comments)

niche mortgage: New Mortgage Programs! - 12/31/13 05:09 AM
 
New, Niche Mortgage Programs
 
 
     Finally some good news amidst a volatile past few weeks.  With the implementation of Barney Frank & Christopher Dodd's love-child, the "Qualified Mortgage (QM) scheduled to be implemented 1/10/14, lenders are scurrying to make sure their programs meet the QM parameters.  Since the CFPB seems to be laundering money directly from lenders to government coffers via fines and penalties, lenders are taking things very seriously & cautiously to avoid scrutiny from the USSR....err, I mean CFPB.
 
     Just this past week it was announced we were losing our "reduced doc/stated income" … (1 comments)

 
John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852 (Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,) Ambassador large

John Meussner

#MortgageMadeEasy Walnut Creek, CA 484-680-4852

Walnut Creek, CA

More about me…

Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,

Address: 23441 S Pointe Dr, Ste 110, Laguna Hills, CA, 92653

Office: (949) 247-7530

Mobile: (484) 680-4852

Email Me



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