Mark Nehs's (marknehs) Blog

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Mortgage and Lending - Mortgage Loan Officer Waukesha Wisconsin - NMLS ID 587280

ARCHIVED BLOG POSTS

2011 

What happens when one spouse is left in charge of handling the budget?  From my experience, if both spouses do not understand the finances they usually are not able to get themselves in a position to buy a house, stay in their current house, or have their house paid off come retirement time. What...
03/26/2011
I will start with advice I have always given for finding your mortgage loan officer and that is to work with a mortgage professional that you trust.  This does not change with the recent changes in the law but what does change is pricing flexibility for lenders.  Thus the traditional advice of al...
03/23/2011
HARP refinance deadline has been extended by one year.  The Obama Administration has extended and made some changes to the original stimulus package refinance program.  The program is intended to help qualified individuals and families whose homes have lost value. Fannie Mae will change the eligi...
03/22/2011
If it makes financial sense and cents to refinance then don't wait.  I just re-pulled credit for a loan applicant and his credit score went down by 50 points from 6 months ago.  Why?  Because they paid a department store credit card late in January.  Is this a drastic reduction in credit score?  ...
03/12/2011
This Wisconsin buyer wanted to be pre approved without her current home sold.  Yes this is possible but certainly not as easy as it used to be.  Fortunately this buyer is anti debt so she was able to qualify with both payments.  This way she will not have a sale contingency on the offer she will ...
03/09/2011
It appears that owning a home fits into the household budget again. Yeah!! According to the WSJ,  the cost of a house is the equivalent of about 19 months of total pay for an average family in the United States.  This is the lowest level in 35 years.  Home prices have dropped since 2006 and the d...
03/07/2011
This may seem logical but you first need to decide you really want to buy a home and this is a tougher when it is a joint decision.  Many times when I meet with first time buyers one of the two is very excited and committed.  The other not so much and because this is such a big and long term deci...
03/05/2011
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Mark Nehs

smartphone(262) 613-2730
local_phone(262) 691-5843
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Learn all about Mortgage lending from a 20 year veteran of the mortgage business in Wisconsin. FHA, VA, Rural development, conventional, 80/10, and more. All types of mortgage loans for Wisconsin consumers looking to purchase or refinance.
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