sell: Mortgage Rates 1% ?????? - 10/13/10 04:38 AM
Believe it or not some people are waiting for rates to go lower before they make a move!  How much further will they go????  We are already in the 3's for a fixed rate!  People shouldn't be scared to make a move in the econmy we are in with rates that low and home values at such a great deal!  I think now is the time to buy a home and 1st time home buyers should not wait!!  Are we at the bottom???  uuummmm
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sell: Refinance to a 15 year term from a 30 year term! - 10/05/10 02:55 AM
Now would be a great time to refinance to a shorter term with rates so low!  Over the term of the loan you would save thousands of dollars.  My opinon if you can cut your rate by at least 1% it is worht doing and that you plan on staying in your home.  Money is cheap so go get it!!!!!!!!!!!!!!  Everyone have a great day and make it happen :) 

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sell: CHANGES!!!!!!!!!! - 09/09/10 09:01 AM
Seems like every time I turn around these days they are changes after changes.  New programs, guidelines changes, underwriting, investors want this and not this.  Do we want people in houses????  The American Dream is gone.  You have to jump though hoop these days to get a loan done no matter who you are and how much you have.  The interest rates are great but not many canget into a home with all this tough underwriting.  From one extreme to another!!!!!!   Please dont vote for OBAMA we have had enough change for the BAD!!!
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sell: FHA CHANGE OCT 4TH 2010!!! - 09/07/10 07:36 AM
If you have buyers considering a purchase with FHA financing, it may be to their advantage to act sooner rather than later
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sell: Rates to go up today!!!! - 09/03/10 03:11 AM
Look for rates to go up a little today with market reports that came out!   Rates are still great!!!!  People dont realize the average past history of rates are about 6.5%  and we are way below that average!!  Hope this cold spell and windy weather dont scare those home buyers out there.  They better move now before it gets worst. Everyone make it a great day out there.
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sell: ZERO DOWN LOANS IN MINNESOTA!!! YES WE HAVE THEM! - 08/31/10 06:04 AM
USDA LOAN PROGRAM WILL GET YOU INTO A HOME WITH ZERO DOWN!
 Basic requirements of the USDA loan program:
100% financing, 30-yr fixed, NO PMI Single family homes only Must have at least a 680 credit score, and no more than a 45% debt-to-income ratio Up to 3% seller paid closing costs Has to be in a rural area (That does not mean its out in the country in every case) Home Buyer Class Required Must be first-time buyer (or not owned a home in the past 3-years) FOR MOR INFORMATION CONTACT MY OFFICE!
 
 
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sell: RATES ARE STILL HANGING IN LOW 4'S!!!!! OPEN HOUSES THIS WEEKEND? - 08/30/10 04:34 AM
ANOTHER WEEKEND GONE BUY AND RATES ARE STILL GREAT!  THERE WAS A COUPLE OF OPEN HOUSES BY ME WHERE I LIVE AND I SEEN TRAFFIC AT THEM...WOW!   JUST WONDER IF ELSEWHERE HAS ANYONE NOTICE ANY MORE TRAFFIC OUT THERE???  TRYING TO STAY POSTIVE AND KEEP MY HEAD UP AND HOPING THESE BUYERS COME OUT  FOR ALL YOU REALTORS OUT THERE.  I KNOW THE LOANS WILL COME!  EVERYONE MAKE IT A GREAT WEEK OUT THERE!   :)

 
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sell: Rates in the 3's for a 30 year fix!!!!! Never seen that before!!! - 08/26/10 07:57 AM
I got my rate sheet yesterday and my bottom rate on a 30 year fix conventional loan was 3.875 with a 1% discount point.  That is the first time I ever seen a rate in the 3's for a 30 year fix.   Will rates go lower???  Who knows but money is cheap right now to loan.  Just got to find those buyers to use this cheap money.  If your renting right now and have a good credit score and a down payment now is the time to make a move into a home.  How long can this last!!!  Good luck to all … (1 comments)

sell: Buy a home, lose your job, MORTGAGE PAYMENT IS MADE FOR YOU?????? - 08/25/10 03:31 AM
WOW!!!  WHAT A DEAL PURCHASE A HOME AND IF YOU LOSE YOUR JOB YOUR MORTGAGE PAYMENT IS MADE FOR YOU!!!!!   THIS IS A PRODUCT THAT WE ARE ROLLING OUT IN SEPT.   WILL THIS HELP PEOPLE FELL MORE AT EASE, AND GET THEM OFF THE FENCE TO BUY A HOUSE????  DONT HAVE ALL THE DETAILS HOW ALL THIS WORKS YET OR COST.  BUT I THINK THIS WOULD HELP THE HOMEBUYERS MARKET!!!  I THINK THIS IS ONE OF THE MAIN REASON WHY PEOPLE ARE NOT BUYING RIGHT NOW :)  I WILL KEEP YOU UPDATED WHEN I FIND OUT MORE ON THIS PRODUCT.
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sell: WHY USE GATEWAY FUNDING DIVERSIFIED MORTGAGE SERVICES - 08/24/10 05:30 AM
THE GATEWAY OFFICE IN MINNESOTA IS LOCATED 10 MINUTES EAST OF THE AIRPORT OFF OF HIGHWAY 494.  OUR OFFICE HAS THE AVERAGE EXPERIENCE OF OVER 15 YEARS IN THE FINANCE INDUSTRY.  WE ARE ONE OF THE LARGEST PRIVATELY-HELD MORTGAGE BANKERS IN THE COUNTRY.  GATEWAY STARTED IN 1994 IN PA. WHERE THE CORPORATE OFFICE IS TODAY.  WE HAVE IN HOUSE PROCESSOR AND UNDERWRITERS THAT ARE FAST AND COMMUNICATES ON A REGULAR BASIS TO KEEP US UP TO DATE ON ALL LOAN FILES.  OUR CLOSING COST ARE $700 LOWER THAN THE NATIONAL AVERAGE AND ARE RATES ARE SOME OF THE BEST OUT THERE.  WE … (0 comments)

sell: Traffic at open houses???? - 08/23/10 08:42 AM
WAS TALKING TO A REALTOR THAT HAD 3 OPEN HOUSES LAST WEEKEND AND ON ONE HOME HAD NOBODY SHOW UP AND THE OTHER 2 TWO COUPLES AT BOTH.  WHERE ARE THOSE BUYERS???  IS THIS COMMON WITH ALL OPEN HOUSES OUT THERE AT THIS TIME.  IN THE PAST I REMEMBER  WHEN YOU WOULD HAVE LIKE 20 PEOPLE COMING THOUGH THOSE HOUSES AGENTS WOULD TELL ME.  WHAT ARE YOUR THOUGHTS OR OPINIONS ABOUT OPEN HOUSES AND THE TRAFFIC YOUR GETTING THOUGH.  THANKS FOR YOUR OPIONS AND COMMENTS!!!!
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sell: WE BEAT THE BANK EVERYDAY! - 08/19/10 03:21 AM
HERE AT GATEWAY FUNDING DIVERSIFIED MORTGAGE SERVICES L.P. WE BEAT THE BANK EVERY DAY!  WE HAVE BETTER RATES AND NO APPLICATION FEES.  WE CAN ALSO CLOSE A LOAN MUCH FASTER WITH OUR FAST PROCESSING TEAM. we DO MORTGAGES AND THATS ALL WE DO!!  THE AVERAGE EXPERIENCE IN OUR OFFICE IS OVER 15 YEARS IN THE FINANCIAL INDUSTRY.   GIVE A CALL AND LET US MAKE IT HAPPEN FOR YOU!
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sell: MINNESOTA CONNECTIONS!!!!!!!! - 08/10/10 06:18 AM
IM LOOKING FOR REAL ESTATE AGENTS TO WORK WITH THAT WANTS A LOAN OFFICER WITH OVER 20 YEARS OF EXPERIENCE AND CARES ABOUT HIS CLIENTS.  GREAT COMMUNICATIONS AND WILL GET THE LOAN DONE FOR YOU.  I DO GIVE REAL ESTATE AGENTS REFERRALS FROM TIME TO TIME ALSO FROM MY HUGE DATABASE OF PAST CLIENTS.  IF YOUR LOOKING TO MAKE IT HAPPEN, GIVE ME A CALL.  WE ARE ONE OF THE LARGEST PRIVATELY-HELD MORTGAGE COMPANIES IN THE UNITED STATES STARTED IN 1994.  LOOKING FORWARD HEARING FROM YOU!
THANKS!

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sell: FHA RULES CHANGING SEPT 7TH???????????? - 08/09/10 05:16 AM
I just heard that FHA is changing the upfront MI fee to 1% from 2.25%  but the monthly MI fee is going up from .55 to .90 with adjusting upto 1.55% in the future.  If anybody has more detail that would be great on these changes since its so close to the change.  PLease make a comment if you know anything about this
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Shawn Olson (Gateway Funding Diversified Mortgage Services)

Shawn Olson

Inver Grove Heights, MN

More about me…

Gateway Funding Diversified Mortgage Services

Address: Babcock Business Park, 1870 50th St E Suite #1, Inver Grove Heights, Mn, 55077

Office: 651(451) 274-4101

Mobile: (651) 230-1313



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