Today I posted a tongue in cheek glimpse into the RESPA reform which touched the mortage and real estate industry today. The new HUD1 and GFE were released and, per normal, nobody seems to give a hoot unless they get 2 CE's for learning about it. (Good news, we will be CE licensed in Georgia on the topic very soon.)
Nevertheless and I love you guys anyway the BTR show on Thursday, 11/12 at 10:30AM will touch on the subject again as well as take a very brief snapshot look at what is available today in the form of mortgages.
One thing to remember is that the media is not in the real estate business or the finance business. We all know there are literally hundreds of thousands of great deals available in real estate today. Some of you may not, however, know that there is 100% financing available for qualified borrowers at conventional, conforming guidelines and rates - (fixed 30's in the 6's) and real estate investors are NOT limited to four properties on credit.
THE OPINIONS IN THIS COMMENTARY ARE STRICTLY KEN COOK's PERSONAL OPINION AND NOT REFLECTIVE ON ACTIVE RAIN, NOVATION MORTGAGE, or ANY SPONSOR OF THIS WEBSITE.
EDUCATION BEATS LEGISLATION EVERY TIME. Get your clients, friends and family members to a LENDER RUN home mortgage seminar as soon as possible.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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Ken- Most of the agent clients I coach have been screwed by SEO companies who get you to sign a contract and do not deliver.