mortgage broker: Rates are skyrocketing right now!!! Important. - 09/20/07 08:45 AM
Right now rates are going up: Thursday Sept 20th 4:45 p.m. 
Each week I'm one of the mortgage experts whom bankrate.com asks to predict interest rates. Eearlier this week I predicted that rates could well go up even though the Fed lowered the Fed funds rate.
I'm here to tell you. Get your clients locked. The mortgage rates are skyrocketing as we speak. You can see the prediction here. http://www.bankrate.com/brm/static/rti.asp
I hope this helps somebody save some money. (and get a client off the fence)
Let me know your thoughts,
Dan
Dan Dowling - Certified Mortgage Planner, President
United Mortgage Capital Corp.Altamonte Springs, FL (suburb of Orlando)http://www.myloanadvisor.com/407 681-4288
(1 comments)

mortgage broker: Fed cuts rates, yet now may be the best time to lock...before it's too late. - 09/20/07 08:24 AM
Guys and gals. Here's the latest in articles put out by Bankrate.com. I had the privilege of being interviewed for my perspective.
This article is perfect to help your buyers and sellers get off the fence. Just use it and get them going before it's too late.
The key to this business is being timely. Both in your approach to moving real estate, and in how you get that information to your clients. This one article can make nearly anyone so well informed that clients won't even consider your competition. Just go out and use it!
I hope this helps, Let me know … (1 comments)

mortgage broker: You couldn't pay me to work with a loan officer at a bank right now. - 08/25/07 04:08 AM
 
Does this sound like I'm pro mortgage broker? 
There's a reason mortgage brokers account for 65% of all loans funded in this country. The current mortgage crisis makes them even more valuable. (as if saving people thousands by shopping the loan amongst several banks weren't enough...)
Here's why.
If you send your loan to a bank and that bank shuts down or yanks the program,  you and your buyer are left holding the bag. Possbily losing escrow money, or the property altogether.
If you send a loan to a mortgage broker  and one of his lenders goes out of business, he/she simply sends the package … (12 comments)

mortgage broker: Don't ever give up on a deal or a family - 06/02/07 02:47 AM
Builder Turns Down Single Mom's Loan - We Got Her Approved At 2% Lower Than The Builder's Lender Turned Her Down At!!!
 
Our client was a single mom with 3 kids. She'd really been run through the ringer by an ex husband who left her high and dry with damaged credit. She had $15,000 in collections, $8 thousand in old judgments. Anyways, the builder's lender treated her terribly, wouldn't return her calls, and ultimately turned down her loan.
 
After researching 9 lenders and we got her loan approved at 2% lower than the builder's lender turned her down at!!! Not only did we … (2 comments)

 

Dan Dowling

Altamonte Springs, FL

More about me…

Dan Dowling - United Mortgage Capital Corp.

Office: 407(681) 428-8215

Fax: (407) 681-4284

We'll talk about all things financial. You'll hear secrets the banks, credit bureaus, insurance companies and creditors don't want you to know. You won't see the same old "fluff" here. So buckle up.


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