va: As a veteran do I have to take a fixed rate VA loan? - 02/24/14 11:05 PM
I received a call the other night while working late from a veteran friend of mine.  Alex, I've found the house I want, what loan should I get?  Kind of a loaded question right?  And I'm a Realtor®, friend and businessman, but I'm definitely not a lender.  OK John lets work this one out together.
I told him to sit down with a pad and paper and we were going to do a pro's and con's based on several criteria we determined were important to him.  At first he wanted an Adjustable Rate Mortgage, which is fine, but when it was all … (2 comments)

va: Who is exempt from paying the VA funding fee in a real estate deal? - 02/16/14 09:00 PM
When you're in escrow as an agent with a transaction that is utilizing a VA loan, generally, there is always a VA funding fee.  However, some good info for you to know as an agent is that some people are exempt from paying the VA funding fee in a real estate transaction.
The funding fee is a percentage of the loan amount which varies on the type of loan (1st time use vs subsequent usage) and the veterans military category.  More on this below.  Here's the funding fee chart for your files and to use in being able to explain this to your … (0 comments)

va: Pending government shut down will affect your FHA, VA and rural loans - 09/30/13 12:28 AM
While our elected leaders remain deeply divided over the pending implementation of Obama Care, a little known by product can and will affect all of us in the real estate industry.  If lawmakers in Washington can't figure out a way to avoid a government shutdown, then pending FHA, VA and rural loans are at risk of falling through.  How likely will this happen you ask?  Consider that 60% of the government will continue to function, but agencies such as passport issuance, FHA and VA loans and other government agencies will completley stop come midnight tonight.
“FHA will be unable to endorse … (1 comments)

 
Alex Popovic, Alex Popovic Designated Broker Commercial RE (Apex CRE)

Alex Popovic

Alex Popovic Designated Broker Commercial RE

Phoenix, AZ

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Apex CRE

Address: 2915 E Baseline Rd #104, Gilbert, Arizona, 85234

Fax: 602 296 0119

Mobile: 602 290 4266

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