qualify: What you should know about Credit and Mortgages
- 07/14/16 05:31 AM
In a world of easy access to the internet, I’m amazed at how difficult it still is to find information about obtaining a mortgage loan. I guess there isn’t a one stop site to address this stuff and Loan Officers are so regulated that we’re not allowed to post it on our websites. Luckily we have sites like Active Rain which allows us to post this information. I’ve probably blogged this before, but I feel compelled to write it again. After the last few months of doing loans and not being to close most of them, I find myself having to … (3 comments)
qualify: Understanding Adjustable Rate Mortgages
- 05/20/16 03:24 AM
Here is some information about the Adjustable Rate Mortgage (ARM), understanding how the adjustments are made, when to consider using them and questions to ask a lender when considering an ARM. A lot of people are ambivalent about using an ARM even though, financially speaking, it’s a great short term product. If you plan on staying in your home for less than 7 years, an ARM may be a good way to take advantage of a lower payment and by paying less interest to the bank. Although today we mostly see fixed rate loan products, the ARM is still offered for mortgage loan … (1 comments)
In a world of easy access to the internet, I’m amazed at how difficult it still is to find information about obtaining a mortgage loan. I guess there isn’t a one stop site to address this stuff and Loan Officers are so regulated that we’re not allowed to post it on our websites. Luckily we have sites like Active Rain which allows us to post this information. 
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