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ARCHIVED BLOG POSTS
I received a call from a former client who was coerced to use a mortgage company by the builder of his condo. The owner of the mortgage company was his loan officer and told him he was "locked in at 5.0% 30 year rate and no points". He received a Good Faith Estimate (GFE) at the time of his ap...
The word "commercial" scares many realtors AND mortgage brokers. WHY? Well, yes, it is a specialized area of selling and lending. Acronyms like DSCR, absorption rate, management fees, ROI, Cap Rate, vacancy factors can scare away the residential broker. Commercial properties encompasss anythi...