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Mortgage and Lending - Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - NMLS #138061 MMCD #1141
Advice to Mortgage Newbs       You're new to the mortgage business?  I'm sorry!  You've entered an industry plagued with over-regulation and guidelines that make no sense.  A place where you can put your heart, soul, and sweat into a deal that takes years off your life, and then POOF!  It's gone ...
Appraisers - Do Your Job       I don't ask for much from the people I work with and rely on to help get a transaction to the finish line.  All I expect is for people to do their jobs, but more & more, I'm seeing appraisers that fail to do that.  It's amazing that when I order an appraisal for a r...
Have you missed ActiveRain contests?  Unfortuantely I missed the Brivity contest, but I'll definitely be participating in this one.  I'm glad they're back and hope the contest train will keep on rolling through the holidays!  For newer AR members, the monthly contests are a great way to keep cons...
Unless...  You MUST be in a new home 6 months before you can take cash out with conventional financing... ...unless it's an inherited property, then you can waive the 6 month requirement  You MUST be in a new home 6 months prior to taking cash out... ...unless you meet the provisions for delayed ...
Kat nails it.  For the Monroe, NY market, she's clearly the agent to call.  Sellers in all markets should take note to this material, though.  If a home's not selling, there's a reason.  Sometimes it's price, sometimes it goes beyond that.  What I like most is what she points out about property c...
FHA Misconceptions - Listing Agents, Read This       FICO score?  Doesn't matter.  Debt to income ratio?  Nope, doesn't matter, either.  Have documents been analyzed?  Has a thorough pre-approval complete with analysis of income, assets, and automated underwriting been completed?  NOW we're on to...
Love this post by Melissa.  Not only does it bring up a good point about signage, but it also focuses on something we all need to be more aware of - attention to detail. Every detail of our brand and what we project to our audience needs to be fine tuned and on point.  So Does Your Signage Stink?...
(Regulatory) Inflation in the Mortgage Industry  Inflation is a term that gets thrown around a lot in economics.  The definition of inflation is a sustained increase in prices for goods and services.  Under normal conditions, inflation occurs because of market forces - supply and demand.  We see ...
TRID FAQ      With the TILA-Respa Integrated Disclosure (TRID, that famous acronym for an acronym) right around the corner, I'm anxious to get started with the new way of doing business.  I'm looking forward to the implementation of TRID because for one, it's a "finally, we're getting this over w...
Fed Rate Remains Unchanged       Wrapping up this months Fed meeting, the central bank has decided to maintain the Fed funds rate at it's current target level of 0-.25%.  Mortgage rates are benefitting from the news, stocks are nearly unchanged, and now we've got another window of time before unc...

John Meussner

#MortgageMadeEasy Costa Mesa, CA 484-680-4852
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