Blog entries tagged with "application":


application: Collecting Prospective Tenants' Application Fees - 06/25/08 10:33 AM
Hello Everyone,
I just got an idea on collecting larger amounts of application fees... and making it easier.
Several times prospective tenants ask if there is an app fee, and I often waive the charge, in hopes to get more appicants to choose from.  I have found that requiring a large … (0 comments)

application: HOME BUYING GUIDE (CONTINUED) - 06/21/08 03:41 PM
FinancingMost real estate professionals and mortgage lenders recommend pre-qualifying for a loan before selecting a home to purchase. This process will help you: Determine the price range you can afford. Understand the types of loans you qualify for. Determine what your monthly payment will be. Estimate the down payment and closing … (0 comments)

application: The Home Loan Process Lafayette & West Lafayette Indiana - 06/19/08 04:06 PM
 

Organize Your Documents
A properly documented loan application makes your loan process go smoothly. This checklist will help you gather your paperwork.
Complete and sign the residential loan application, Form 1003, and the attached loan info sheet, credit authorization and fair lending notice. Page 5 of the application is … (0 comments)

application: The Tuition Rx Program makes College an Affordable Reality for Families in Southeast Michigan—College Funding, Higher Education Financing, Financial Aid - 06/15/08 05:33 PM
  The Tuition Rx Program makes College an Affordable Reality for Families in Southeast Michigan—College Funding, Higher Education Financing, Financial Aid   A free college planning website and e-newsletter that helps families discover little-known strategies and opportunities to reduce the high cost of a college education   Southfield, MI—Jeffrey Taylor is … (0 comments)

application: Melissa's Maddening Mortgage Mayhem - Ten Commandments - 06/04/08 07:45 PM
I      Thou shalt not quit job in the middle of mortgage approval.
II     Thou shalt not file bankruptcy in the middle of mortgage approval.
III    Thou shalt not buy furniture or new car or boat or RV or run up credit cards in the middle of mortgage approval thus retaining funds needed to close.
IV     Thou … (9 comments)

application: Better than a TEDDY BEAR to sleep with or COUNTING SHEEP! - 05/20/08 12:05 AM
IF IT'S GOING TO BE..............IT'S UP TO ME!
                                 l 
 

 
 
(0 comments)

application: FHA Contact Information - 05/19/08 02:41 PM
I've been trying to answer as many questions as I can about FHA and their new online procedures for becoming a FHA Roster Appraiser.  I thought I would pass on some contact information.  First of all, if you go online to: http://www.hud.gov/groups/appraisers.cfm , it has answers to almost any question you … (1 comments)

application: Timing Isn't Everything - 05/05/08 11:02 AM
In light of declining sales and tougher loan requirements, many potential buyers are asking if they should buy now, or wait several months before moving forward with a decision.  The thing is, you can't time the real estate market any more than you can time the stock market.  Simply put, the … (0 comments)

application: Mortgage Rate projection for April 17-23rd - Were the professionals wrong? - 04/18/08 02:12 PM
Good news as mortgage rates have been declining today.  With cooperation from the bond market, the projected increase by polled mortgage professionals may be proven wrong. It's an opportune time to contact potential clients who may, once again, be able to get a rate that puts them in the purchase or better … (0 comments)

application: Approval Revoked.... - 04/12/08 10:19 PM
I have been getting a lot of phone calls lately from Charlotte area real estate agents and salespeople. It seems that they have been seeing a lot of mortgage approvals getting denied! What in the world is going on?One of the most common concerns has to do with big local banks, … (2 comments)

application: Going beyond the Approval - 04/12/08 10:08 PM
So you have been pre-approved. Even better, you have actually been approved using an automated approval system. Now you know how much home you can buy and are ready to shop.But as you shop for your home the budget doesn't seem to be enough. "Can't I just get a little bit … (0 comments)

application: GREAT NEWS!!! We have expanded our operations into Arizona! - 04/11/08 08:22 PM
My wife and I were born here in the Great Pacific Northwest and in our opinion one of the most dynamic places to live play and work in the world. My wife and I like road trips and a few years back we did our thing in Arizona and what we took from … (3 comments)

application: Mortgage Training: Ask The Underwriter= More Questions! - 03/27/08 10:05 AM
I've spoken to several loan processors and mortgage brokers regarding the Uniform Residential Loan Application (URLA or 1003).  One of the hardest things to convince them is how important it is for them to complete the borrower's birthday and the Declarations section.  The issue is most Automated Underwriting Systems (AUS) require the birth-date … (7 comments)

application: Matchmaker, Matchmaker--The Delicate Task of Matching Landlord and Tenant - 03/19/08 10:01 AM
              
The (Rainy) View from a Queens Storefront Office
Thanks to the tireless work of several of my colleagues, we now have a good-sized roster of apartment rentals.  While I have not been to any of these apartments myself, from their pictures I sense that the majority of these offerings are well-maintained, … (0 comments)

application: FHA Limits Raised - 03/07/08 12:32 PM
Great News!
FHA has increased their loan limits.
To see how it has affected your state and county follow the following link:
https://entp.hud.gov/idapp/html/hicostlook.cfm
(1 comments)

application: Market: What is going on? - 03/07/08 12:23 PM
The Capital Markets Sales Desk has fielded a large number of calls from customers simply asking,  "What's going on?  Why is the mortgage market trading lower every day?"  The following are reasons that could help explain why mortgages are struggling and why current market conditions are so volatile: 
The question is, "Why are … (0 comments)

application: Buying a Home: 12 Tips for Cruising From Contract to Closing - 03/06/08 08:53 AM
The spring home buying season is fast approaching and many people are preparing to take advantage of low interest rates and a great selection of well-priced homes.  Buying a home is exciting but it can also be overwhelming.  Here are some tips to make the process a little easier:
      1.     Get … (0 comments)

application: Why are Jumbo and Stated Home Loan Mortgage rates higher? - 02/06/08 10:52 PM
There are many factors that have driven up the rates of jumbo sized loans, and stated income higher. While conventional Fannie Mae backed and FHA backed home loan rates have enjoyed a recent rate reduction. You may have recently read about the -.0.75% decrease in Fed Funds rate . You … (0 comments)

application: Is it time to Refinance? - 01/31/08 04:00 PM
Exerpt:
Refinancing A Mortgage? Move FastLiz Moyer and Tatyana Shumsky 01.31.08, 6:00 AM ET
The Federal Reserve has chopped short-term rates twice in the span of eight days, pushing the overnight rate to 3%, the lowest since September 2005. Can we refinance our mortgages now?
A lot of homeowners certainly think so. Refinance … (4 comments)

application: Get Closing Cost Guaranteed...It is Possible - 01/16/08 04:25 PM
Many lenders and brokers make promises to their customers that they can not keep. The problem occurs when the customer goes to close the loan and is surprised by additional fees that were not disclosed initially by the lender.
Keep in mind that what you will receive from other lenders are … (1 comments)

application: What NOT TO DO When Getting a Mortgage - 12/31/07 02:31 PM
If you are ever planning on getting a mortgage.. please read on!  This advice may seem very obvious to you, however every one of these tips at one point has resulted in a client not being able to close on a home when applying for a mortgage.  If you follow these … (3 comments)

application: We say yes to most commercial loan applications - 12/27/07 09:38 AM
We say yes to all your commercial mortgage needs
CALL 888 284 5225
Chances are, YES your loan is approved!
VISIT US ONLINE NOW
At Alpha Omega Mortgage, LLC, We welcome the opportunity to show you how effective we are at helping our clients obtain the commercial mortgage that they need. … (0 comments)

application: Huffman TX Post Office | Passports Post Office | Passport Help and Application - 12/26/07 03:04 PM
Have you tried going to the post office to submit your paperwork for a passport?  I recently had a great experience getting our passport for our daughter for an upcoming Carribbean cruise.  We needed a passport photo so we went to the local Walgreens at the corner of W. Lake Houston … (0 comments)

application: Information Needed For A Mortgage Application - 12/16/07 09:42 AM
  From all of us at the Richard Ives Team wish you a safe and Happy Holiday and a very Happy 2008!
Sincerely,
Richard Ives
 
 
 
(1 comments)

application: What can I expect during the Refinance Procedure? - 12/14/07 03:09 PM
What can I expect during the refinance procedure?The DetailsSomething that is often overlooked within the home loan industry is the education of the client in the steps of doing business together.  As the borrower, you should want know what the process is, and what to expect from your loan officer.  This … (2 comments)

application: NEW NON-COMMITTAL PRE-QUAL LETTER FOR LENDERS...Funny! - 11/27/07 01:37 PM
I have been receiving some offers on my listings lately that seem to have strong pre-qual letters attached, but as we progress through the transaction, I find that many deals are falling apart due to the lender's loss of programs, stricter underwriting guidelines, and general change in program guidelines that has … (6 comments)

application: The Purpose of an Appraisal - 11/20/07 10:35 PM
When applying for a mortgage loan, one of the major considerations is the value of the home. After all, a lender will not want to lend more money on a home than it is worth. So to establish its value, a licensed appraiser will be normally required to perform an appraisal of … (0 comments)

application: Safeguarding Your Mortgage Application Takes Common Sense - 11/20/07 02:56 PM
Safeguarding Your Mortgage Application Takes Commonsense There are several factors that affect the real estate market as a whole. These factors can make the national market swing upward or downward. One is the employment expansion/shrinkage in the job market; secondly, is the availability of money to consumers; thirdly, is the size … (0 comments)

application: Facebook Application - 11/09/07 01:47 AM
There are some easy ways to add a facebook application these days. I did one using Widgetbox. If anyone is using facebook, please add my application and let me know what you think. 
Free Mortgage Calculator on Facebook 
(5 comments)

application: What is a real pre-approval? - 10/31/07 12:27 PM
"You are pre-approved"We see this phrase everyday. From "pre-approved" credit card offers to a "pre-approval" on a mortgage loan application. But how many times have you applied for that credit card only to be rejected. How many "pre-approved" home buyers end up not being able to close on a home? So … (2 comments)

application: How Do I Get My Property Taxes Lowered? - 10/30/07 03:03 PM
If you purchased a home in San Diego County during the real estate boom (2004 to 2006), and you noticed that property values in your area have decreased during 2007, then you may want to consider filing an Assessment Appeal with the San Diego County Assessment Appeals Board. For example, if … (0 comments)

application: Loan Applications are up this week: - 10/11/07 01:43 AM
Here is the latest data from the Mortgage Bankers Association:The Mortgage Bankers Association said its seasonally adjusted index of home loan application activity increased 2.4% to 652.0 in the week ended Oct. 5.The index has been fairly range bound in recent weeks, after slipping to about 607 both in February and … (0 comments)

application: The deal's done, right? Wrong. - 10/01/07 06:32 PM
So, you've got an accepted offer.
You've negotiated the inspection items.
The attorneys' have approved the contract.
... and you're all done now right? WRONG.
In today's times of crazy financing and fluctuating interest rates, the deal isn't a done one yet. There is still the mortgage contingency that has to be worked out.  … (6 comments)

application: Are you in a adjustable rate mortgage??? - 09/14/07 12:30 PM
We are http://www.loancarepros.com/. Our business is to help you find the most cost effective way to meet your home financing goals, whether purchase or refinance. We do that by having access to many wholesale lenders in order to offer the best variety of loan options. Our commitment to service is reflected by … (0 comments)

application: Can I still get a mortgage loan?? - 08/20/07 11:39 AM
My in-laws were visiting last night, and the subject of our recent meltdown in the mortgage industry was brought up by my father-in-law.  He's currently building a speculative home and wondered if he would be able to ever sell it.  He had a number of questions about the market, and one … (1 comments)

application: Applying for a Mortgage - Initial Steps - 08/15/07 09:04 PM
Applying for a mortgage can be a very big step in one's life. A mortgage is one of the biggest investments and liabilities in a person's life and needs to be handled with care. The wrong mortgage program can eventually lead to doom or worse yet, the loss of your home.Applying … (0 comments)

application: First Time Home Buyer Blog: Items Needed For Home Loan/Mortgage Application - 08/04/07 09:11 AM

Dear Reader,
This is a great blog for new first time home buyers across the country not just Connecticut.  The following list of items has been compiled for your convenience. You will need to bring this information to your mortgage application in order to expedite the processing of your mortgage loan.
All questions welcome! Visit … (2 comments)

application: What Do You Need for Your Loan - 07/14/07 02:16 AM
What Do You Need for Your Loan   by John Occhi, Hemet CA REALTOR®   Hemet CA Real Estate
My job as a REALTOR® is to help you find and buy (or sell) a house.  It does not matter if you are looking to buy your first home, a second home, if you are … (12 comments)

application: Information Needed for the Loan Application - 04/24/07 12:38 PM
What information will be needed for the application (and how it's kept private)
Anything you submit over my website is 100 percent, fully secure. And I never, ever share it with anyone except by permission -- that is, if you're giving me information you want me to use to get you … (2 comments)

application: Relocating with Rockwell Collins, Aegon or another business to Cedar Rapids, Iowa? - 03/11/07 10:45 PM
Hello from Cedar Rapids, Iowa.  Welcome to the IowaMortgageGuy Blog!  Glad to have you as a guest and hope to see you back again soon.  Hope you find the information useful and informative.
A little About Cedar Rapids, Iowa
Named after the Cedar River, Cedar Rapids, Iowa is the second largest … (0 comments)

application: Funny Application Stories, Come on Active Rain….I know you have them! - 01/25/07 12:36 PM
So hear I am, reading my daily blogs from all the wonderful members of Active Rain, and after reading I value my job too much to lie....that much from Ann Guy it prompted me to start thinking about all those weird and even funny applications that I have taken over the years. Now … (0 comments)

application: My 1st Time Homebuyer List - 01/15/07 04:12 PM
I am sitting here on Martin Luther King, Jr.'s Birthday and wondering - "What do 1st time homebuyers need to Know about the Mortgage Loan Process?"  So here you go - My 15 Step List in Chronological Order to Home Ownership: GET PRE-APPROVED. Not just prequalified. Pre-Approved means that the Loan Officer has … (39 comments)

application: My Perfect Loan Process for South Carolina - 01/09/07 04:53 PM
After several months researching the experts, we at First Covenant Mortgage have our Perfect Loan Process that allows all of our Mortgage Loans to be streamlined and remove "dead" time when no progress is made on the file.
How is this different from how we usually do business? I'm glad you asked! … (12 comments)

application: Speed Kills...Deals - 12/23/06 01:16 PM
Did you ever wonder why you are having problems with a deal 30 days into it? It may have to do with your preliminary work. I recently was working on a loan when my processor called and had a lot of questions. Too many as a matter of fact. I went … (10 comments)

application: Protecting Your Clients Private Information! - 11/27/06 09:58 AM
 
Working in the lending business, there is a major topic that must be talked about. What is it? Your client's privacy. I had a client say to me the other day, "wow, you know more private information about me than my partner now!" To which I replied, "and you can feel … (5 comments)

application: The "Stated Income" Phenomenon - 11/02/06 10:33 AM
 
With the influx of home purchases in the late 90's and into the New Century, a phenomenon hit us all. Homes were increasing in value and the banks needed to figure out a way to keep business flowing. Otherwise, it would come close to a schreeching hault, due to the afordability factor. Yup, the ability to … (20 comments)

 
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