Joe Petrowsky's Blog

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Mortgage and Lending - Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - NMLS # 6869

ARCHIVED BLOG POSTS

2013 

  “Two Referrals from a Realtor I Don’t Know”   Whenever I get a referral from anyone, I always like to thank them. Both referrals came in within 30 minutes of one another. When I heard the name of this Realtor, it was not a name that I was familiar with. In speaking with both of these prospectiv...
09/30/2013
“Lower Loan Limits, Will This Move Help Anyone?”   Do you keep hearing about Washington looking at reducing the current mortgage loan limits? Can someone explain the rational?     We do a good amount of Jumbo loans, even though the rates for these loans are extremely good right now, that will not...
09/29/2013
“I’m a 36 Year Old Nurse and Mother of 3 and My Credit Sucks”   She told me that her co-worker was standing next to her and making her call me. I had done a mortgage for the co-worker a couple of years ago.   She shared that she has been divorced for two years, but she couldn’t make all her credi...
09/28/2013
“Past Clients Wanted Me to Meet with their Son Regarding a Real Estate Career”   I couldn’t refuse the request, as these folks have been clients of mine for the last 20 years. Just a little background, their son was a college graduate and has been looking for work in his field for over a year. He...
09/27/2013
“Liens on Your Property Just Don’t Disappear”   During the normal course of a mortgage refinance, I will ask many questions. Two of which include what the cash out, if any, will be use for and are there any liens on the property other than the mortgage or mortgages.   Every once in a while someon...
09/27/2013
“I Will Not Negotiate! How Do You React When You Hear These Words?”   I was listening to President Obama say these words the other day, when talking about the upcoming budget talks. These talks will involve the possibility of the United States defaulting on its debt and possibly shutting down the...
09/26/2013
  “I Have Changed My Mind on Obamacare”   Many of you know, I am totally against Obamacare and all that it stands for. I have voiced my opinion of this topic many times. The bottom line, it is not going to get defunded or repealed, at least for now.   Even though the majority of the public doesn’...
09/25/2013
  “Realtor Referral has a Lesson for ALL of Us”     This morning I got a referral from a Referral partner. He gave me some background information and asked me to call Jessica, his client.     I called Jessica, she was expecting my call. We went through a number of questions and I took her through...
09/25/2013
  “Mortgages for Low and Moderate Income Families”       I keep reading article after article about communities promoting more lending to low and moderate income families. I am all in favor of folks having mortgages that can handle the payment, but not if the payments need to be subsidized.      ...
09/24/2013
“Are You Comfortable Asking For Help?”   Not sure why, but asking for help has always been one of my greatest challenges, but yet when someone reaches out and asks me for help, I’m right there. What is that all about?   When I get a call from someone that is seeking a mortgage, the first question...
09/23/2013
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Joe Petrowsky

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