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The American Dream

It was not too long ago there was an over abundance of home loans to choose from and all you had to do was pick your property. If your credit wasn't too bad, chances were that you would be able to close your home purchase or your refinance loan transaction.

Today there needs to be alot of planning and forethought on preparation for a loan transaction, to make sure that the client will obtain the best loan program available. After this mortgage meltdown, we seem to be reconfiguring our lending system and it will be to our benefit and the American dream of owning a home will not be a thing of the past but the present for first time homebuyers!

Martin Pimentel, FOOTHILL FUNDING GROUP, INC.

Posted by Martin Pimentel on 04/02/2008 02:06 AM

Comments (6)

first time homebuyers, realtors, loan programs, finance, loans, mortgage

Post is included in group: Mortgages
Post is included in group: Nothing but the Positive

6 Comments on The American Dream

I agree the meltdown along with the licensing standards has seemed to weed out many of the questionable, no call, no results lenders around here. It can only get better now.

04/02/2008 02:43 AM

by Cory Clure (Tamarack Realty)

Thanks Martin for the optimistic outlook. I agree with you, everything happens for a reason and ALWAYS works out for the best. Great post!

Cheers-

Mike

04/02/2008 02:57 AM

by Michael Ramsey Fujita & Gayle Fujita Ramsey (RAs) (Vice President, Realty Executives Oahu)

Martin, market corrections are good for weeding out the opportunistic companies and the incapable ones.

04/02/2008 05:34 AM

by Steve Hoffacker - Real Estate Sales & Marketing Consulting and Strategies (Hoffacker Associates)

Funding is still an issue. Good people have bad things happen. Now we pull them from that ownership dream.

04/02/2008 05:38 AM

by Chip Jefferson (Carrion Builders)

Nice post and the up beat nature is what we need more of Thanks

04/02/2008 06:07 AM

by Charlie Ragonesi Big Canoe homes, Jasper ,Ball Ground,Benttree,Dahlonega (All Mountain Realty)

Thanks for the kind comments everyone!

05/28/2008 03:06 AM

by Martin Pimentel (Foothill Funding Group,Inc.)

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