american bank: Credit Score Changes for FHA and VA Mortgages - 12/02/09 05:46 PM
Hey Folks!
As a mortgage bank we may service new loans or sell them to servicers. With all of the news with the upcoming changes with FHA I want to share the minimun credit scores that many servicers are currently using. Please remember that these may increase very soon along with
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american bank: Quote/Thought Of The Day - 12/02/09 11:50 AM
Hey Folks!
Well we always want to know what our clients are thinking. What do we do to measure. To get us going enjoy today's quote:
"Feedback is the breakfast of champions."
~Rich Tate
And now for the Thought of the Day:
"Some people have a difficult time handling constructive
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american bank: Motivation for Today - Your Vision - 12/02/09 06:21 AM
Hey Folks!
To find were your going you need to see the road:
What is your vision for your life? Have you thought about it lately, or ever?
There is some vision, some dream, some goal so absolutely compelling that you cannot help but make it happen. Find it and connect
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american bank: FHA to Toughen Mortgage Rules in Lenders Crackdown - 12/02/09 06:17 AM
Hey Folks!
FHA was very busy these last couple of days. With foreclosures rising and home prices falling the Federal Housing Administration is proposing new rules to crack down on lenders and asking Congress for the authority to raise certain borrower requirements, all in a effort to reduce risk to it
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american bank: 25 Reasons to Use American Bank - 12/01/09 05:26 PM
Hey Folks!
Just when you think you will need to turn a buyer down give me a call or email. Chances are I can help.
1. JUMBO Loans to $1.5 million2. No Add to Rate on Loans up to $900k3. Cashout up to 90% ltv4. No Mortgage Insurance on Special
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american bank: Tiger Woods Humor (You knew they were coming) - 12/01/09 12:05 PM
Hey Folks!
I'm sure this is just the start....
Tiger Woods is so rich that he owns lots of expensive cars. Now he has a hole in one.
What's the difference between a car and a golf ball? Tiger can drive a golf ball 400 yards.
Tiger Woods wasn't seriously injured
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american bank: Mortgage Rate Update - 11/30/09 01:13 PM
Hey Folks!
Hope everyone is having a great end of November? I know that I am.
As for mortgage rates we don't have much going on. Trading is very light and last week was flat. I look for things to heat up later this week when we see what is pressure
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american bank: Thought of the Day - 11/30/09 01:06 PM
Hey Folks!
Were still here! Yep the end of November and 2010 is just a month away and we have surived. Now some have had a great year and some others have decided that this is not the career they want. In the end we will all be stronger. I'm sure
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american bank: Quote of the Day - 11/30/09 05:53 AM
Hey Folks!
Everyone ready for a great day? As November ends and we begin December I found a great quote to help us focus and keep our eyes on the target. Enjoy?
The only place success comes before work is in the dictionary.Vince Lombardi
So as we ready
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american bank: Quote/Thought of the Day - 11/28/09 06:11 AM
Hey Folks!
Well now that we all made it past all those Black Friday sales it is now time to get back to business. Let's go sell some houses and get some good mortgages!
To get the day off right I just wanted to pass on a little motivation.
Quote of
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american bank: Quote and Thought of the Day - 11/26/09 05:42 PM
Hey Folks!
Well I hope everyone is having a great Thanksgiving? Central Indiana while a little wet and chilly is a great place to spend Holidays.
Now is is the Quote of the Day:
"Progress involves risk. You can't steal second base and keep you foot on first"
Frederick Wilcox
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american bank: Happy Thanksgiving - 11/25/09 06:35 PM
Hey Folks!
Another Thanksgiving is just a day away. While getting a few mortgages ready for close I just wanted to reflect on how special a day we have. This year we have shown that we are a Nation that may bend but will not break.
Good and bad all year
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american bank: Mortgage Rate Update - 11/25/09 11:58 AM
Hey Folks!
While most get ready for the Thanksgiving holiday not much happening. If you missed last weeks rally we should see a little bounce next week. Folks if you get lucky you might the the 1/4 you lost from last week. Should see at least a 1/8 bounce. If so
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american bank: Peyton Manning is the best - 11/23/09 08:39 AM
Hey Folks!
Just a self-serving Indianapolis resident and Colts fan. About a week ago we had a very interesting game with New England. Of course we won but it was not to the last minute. Below is a debrief with the Patriots coaches and managers. It is about 4 minutes but
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american bank: Monday Motivation - 11/23/09 08:18 AM
Hey Folks!
Well it's a short Holiday week. We still need to help folks. November is always a challenging month with weather/time change, Holiday and getting ready for the guy in the red suit. Sometimes we may run a little short. Here is something to help:
"Empty pockets never held anyone
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american bank: Quote/Thought Of The Day - 11/23/09 08:03 AM
Hey Folks!
Well we hear about Character and Leadership all of the time. Here is a few things to help us ponder on what it really means:
Quote of the day:
"Character may be manifested in the great moments, but it is made in the small ones."
~Phillips Brooks
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american bank: Fact of the Day - 11/22/09 07:26 AM
Hey Folks!
Just having a lazy Sunday morning. Doing a little sufing I came across this interesting fact:
"A newborn turkey chick has to be taught to eat, or it will starve. Breeders spread feed underfoot, hoping the little ones will peck at it and get the idea. Turkeys tend to
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american bank: Quote/Thought Of The Day - 11/20/09 10:21 AM
Hey Folks!
Hope everyone is having a great day. Today's Quote and Thought asks us to look deep and know why we are all here. Enjoy.
Quote Of The Day:
"You have been created in order that you might make a difference."
~Andy Andrews
Thought Of The Day:
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american bank: Quote/Thought of the Day - 11/19/09 04:52 PM
hey Folks!
Well I hope it is busy in everyone's world. Today has been very hetic and just having a chance to post. I guess in life and business it is about the "extra"
Quote of the Day:
"The difference between ordinary and extraordinary is that little 'extra.'"
~Mac Anderson
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american bank: 25 Reasons to use American Bank - 11/18/09 09:54 AM
Hey Folks!
Just when you think you will need to turn a buyer down give me a call or email. Chances are I can help.
1. JUMBO Loans to $1.5 million2. No Add to Rate on Loans up to $900k3. Cashout up to 90% ltv4. No Mortgage Insurance on Special
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