cherry creek mortgage: Cherry Creek Mortgage is Going Places....as written in the Denver Post! - 06/24/09 01:47 PM
Jeffrey May, chief executive of Cherry Creek Mortgage, said that in the past the company lost market share and profits when competitors were getting greedy. (Kathryn Scott Osler, The Denver Post )
Cherry Creek Mortgage Co. is among the lenders picking up the pieces in a shattered mortgage industry. … (2 comments)
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cherry creek mortgage: Please Welcome a New Branch in Milwaukee, Wisconsin - 05/07/09 09:14 PM
Really pleased to announce that Joe Banske and his team are joining our team at Cherry Creek Mortgage. I'm so excited. Joe and I have built a relationship over the last 2 and 1/2 years while he worked for another majore regional mortgage bank. Needless to say, he has finally made the … (6 comments)
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cherry creek mortgage: FHA can help first time homebuyers who think that they'd never get in a home. - 01/17/09 09:22 PM
FHA has had some major changes this past year. The most negative one is that the downpayment has changed from 3 to 3.5%. But really that's the extent of negative changes. The rest of FHA and it's changes have been lateral or better.
FHA is the best thing out there. Really, … (10 comments)
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cherry creek mortgage: Loan Officers....Looking to make a switch? Now's the time! Cherry Creek's the Place! - 09/03/08 10:48 AM
Tough times calls for tough measures. We've hired 3 loan officers in the last 2 weeks. We have a few branches signing on as well. Life couldn't be better for us given the environment that we're all working in today.
What does Cherry Creek Mortgage (CCMC) have to offer you:
1) … (1 comments)
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cherry creek mortgage: FHA has massive changes forthcoming - 08/26/08 05:20 PM
FHA is now running as strong as ever. What had dwindled down to less than 3 percent of the market is now well over 40% of loan fundings in 2008. For all practical purposes FHA is now THE LOAN OF THE NEW MILLENIUM. Alt-A (or alternative doc loans are all but … (16 comments)
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cherry creek mortgage: Cherry Creek Grows in 2008!!!! - 07/26/08 11:48 PM
I am excited to report that on August 16, 2008 the 3 Denver Metro Area branches of CTX mortgage along with 100% of their originators will join forces with us here at CCMC. Their offices are located in Lakewood, downtown Denver, and in Greenwood Village! Our president has met personally with all of the employees from … (4 comments)
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cherry creek mortgage: Jealousy and Anger....the sheer way to implode your business. - 07/16/08 05:50 PM
I have a lot of great competitors in my area. My area that I recruit for is Minnesota, Wisconsin and Illinois. Most of my competitors THAT I KNOW are fun, honest and hard working. There are still little rivalries between our companies, but nothing much pointing myself against them or vice … (7 comments)
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cherry creek mortgage: Thank you Kane County! Kane County Chronicle Announces Cherry Creek- A Reader's Favorite Mortgage Company! - 06/25/08 10:34 PM
The Kane County Chronicle has a reader's poll every year. There are a myriad of categories in which the reader's vote for the best this and the best that. The best hot dog stand, the best bar, the best bank, the best lawyer. You get the idea.
Welllllllllllllllllllll and anywhooooooooooooooooo....with much … (5 comments)
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cherry creek mortgage: Cherry Creek Grows Again in 2007 - 01/11/08 10:43 AM
Not by much at all, but not many companies in North America can say that they actually grew in 2007. We did! Our profits were fine and our fundings grew. But most importantly we grew significant market share nationally. While other companies closed their doors, merged or just struggled to stay … (0 comments)
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cherry creek mortgage: Home Scouting Report - Million Dollar + Search in Saint Charles, Illinois - 10/04/07 11:13 PM
Saint Charles has many areas for high end homes from over 1 million dollars to over 4.5 million dollars. Crane Road, Fox Chase, Dover Hill are just some. Ask for a free enrollment to Home Scouting Report. It's the only engine out there that sweeps the MLS daily. It gives you … (1 comments)
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cherry creek mortgage: First Horizon to Lay Off 1,500+ originators.....Continued Mortgage Contraction - 09/13/07 03:47 PM
First Horizon announced yesterday that it would be laying off 1,500 originators nationally. Not employees, but originators. I know that there is a cost to keeping loan originators, especially those who don't produce. But laying off originators actually is an example of the cost of manufacturing a loan. Needless to say...watch … (4 comments)
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cherry creek mortgage: Cherry Creek Mortgage is number 39!!!! And we're privately held - 09/10/07 09:50 PM
It's true....its official....we have broken into the top 40 and we're privately held. We've grown 29% last quarter, when Countrywide, imploded, American Home Shut down, Charter Funding closed it's doors.
Truthfully who cares? Its awesome to work for a company that invests in their own and really seeks to positively change the … (2 comments)
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cherry creek mortgage: Vacation Time - Almost here. - 08/08/07 05:20 PM
We've been a busy family this year. My eldest, 8 year old son, was airlifted to a pediatric teaching hospital for a life-saving procedure in February. I march, my little brother, 37 years old and father of 5 was T-boned by an 18 year old who dropped his compac disc on … (12 comments)
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cherry creek mortgage: Shopping for Real Estate without being harassed by anyone....Home Scouting Report - 08/07/07 10:55 PM
Only a few companies in Illinois have this program. This allows you to have the pictures, prices, addresses and directions of every MLS listing without being bothered by an agent or lender. This allows YOUR AGENT and YOUR LENDER to help you without harassing you. None of the Major lenders has this program.....Look at homesCompare … (0 comments)
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cherry creek mortgage: Mortgage Implosions - 08/07/07 10:08 PM
The mortgage implod-o-meter....says that since late 2006...that there have been over 112 major lenders that have gone bankrupt since late 2006. It gives information on all the lenders whom have:
1) Imploded
2) Those that are ailing
3) Those that are about to be sued.
Why is this important???? It can tell you public information … (6 comments)
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cherry creek mortgage: Subprime going down the toilet....Don't flush away your revenues - 06/28/07 08:24 AM
Tired of all of your subprime loans going down the tube? Too many crappy deals? Don't flush your deals away.......Seek FHA as a viable alternative
-Can have a 30 year rate discounted 1, 2 or 3 percent for up to the first 3 years-HUGE!!!!!
-95% Cash out refinances
-FHA says no minimum credit score … (13 comments)
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cherry creek mortgage: Single Close Construction - 06/16/07 10:08 PM
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cherry creek mortgage: Cherry Creek Mortgage - 06/07/07 10:28 AM
While I really enjoy blogging and talking about everything under the sun, part of the reason that I blog is obviously for business. So....for all you loan officers who are interested in looking into other companies, I have 2 parts to this blog. The second part is listed below....This is our company's … (4 comments)
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