Debbie, a 65 year old semi-retired school teacher, needs my help. Debbie has a serious cash flow issue. Debbie’s mortgage payment is way too high and her current lender is too greedy and they will not refinance her Appleton Wisconsin mortgage. Debbie’s interest rate was near 8 percent. That is outrageous.
Debbie currently pays more than half of her monthly fixed income on her Appleton Wisconsin mortgage. Debbie has to substitute teach several days a month in order to make ends meet. It’s tough to do this at that age.
… (1 comments)
frank pabon: Great time to be a Wisconsin sports fan!!!!! (Part 3 of 3)
- 09/15/11 12:46 AM
I can not remember a time in recent Wisconsin sports history that three major sports teams (Green Bay Packers, Milwaukee Brewers and UW football) are dominating their respective sports. We are really experiencing a sports renaissance in Wisconsin and it’s almost too exciting.
Last but definitely not least, let’s talk about BUCKY!!!!!!!! The Wisconsin Football Badgers are 2-0 and are ranked seventh in the AP Top 25. On average the Badgers are scoring 43 points a game and giving up about 9 points.
Russell Wilson (Senior QB transfer from North Carolina) has been what the doctor ordered … (1 comments)
frank pabon: Great time to be a Wisconsin sports fan!!!!! (Part 2 of 3)
- 09/14/11 03:09 AM
I can not remember a time in recent Wisconsin sports history that three major sports teams (Green Bay Packers, Milwaukee Brewers and UW football) are dominating their respective sports. We are really experiencing a sports renaissance in Wisconsin and it’s almost too exciting.
The Milwaukee Brewers have constructed a team this year with a strong offense and strong pitching. The Milwaukee Brewers have great hitters like Prince Fielder, Ryan Braun, Rickie Weeks, and Casey McGehee (sorry Cubs!) The Brewers picked up pitchers Zack Greinke and Shaun Marcum this off season to complete a staff with Yovani Gallardo, Chris Narveson, … (0 comments)
frank pabon: Great time to be a Wisconsin sports fan!!!!! (Part 1 of 3)
- 09/13/11 06:21 AM
I can not remember a time in recent Wisconsin sports history that three major sports teams (Green Bay Packers, Milwaukee Brewers and UW football) are dominating their respective sports. We are really experiencing a sports renaissance in Wisconsin and it’s almost too exciting.
The Packers are definitely back and may be a dynasty in the making. The Green Bay Packers have an all world quarterback – Aaron Rodgers, an all world wide-out – Greg Jennings, an all world tight-end – Jermichael Finley, and all world linebackers - Clay Matthews and A.J. Hawk. The Green Bay Packers have legendary players … (1 comments)
frank pabon: What are today’s Wisconsin FHA credit guidelines?
- 08/17/11 02:46 AM
It seems like lending rules are changing daily. What are today’s Wisconsin FHA credit guidelines? Here is a brief breakdown. All loans are credit score driven but Wisconsin FHA credit guidelines are not as stringent as a conventional loan. Wisconsin FHA underwriters focus primarily on credit over the last 24 months. Wisconsin FHA underwriters will look at credit to establish an ability to pay. FHA underwriters use common sense in the way they approach your loan and want to make sure there is a benefit for you and your family. Today 640 is the typical minimum credit score used … (0 comments)
frank pabon: Has your Appleton WI loan taken too long to close?????
- 08/16/11 05:00 AM
Has your Appleton WI refinance or AppletonWI purchase taken forever to close? Has your loan officer given you advice on how to shorten the Appleton WI mortgage process? I bet you he or she has not! Here are six things you must do while your loan is in process: 1. Continue to make all payments to credit cards, installment loans, consumer debts, and most importantly your mortgage. 2. Do not add additional debt to credit cards or make any major purchases. A new credit report will be pulled prior to closing your loan. New debt may cause an increase in debt … (0 comments)
frank pabon: Janesville Wisconsin Mortgage Refinance Story – Daniel
- 08/06/11 01:57 AM
Janesville Wisconsin Mortgage Refinance Story – Daniel Daniel is a single man that owns a duplex and called WI-Mortgage.com for his Janesville Wisconsin Mortgage Refinance. Daniel was interested in finding out what his options were for both reducing his monthly payments and shortening his term on his Janesville Wisconsin Mortgage. Daniel’s credit profile and income were acceptable for refinancing his Janesville Wisconsin Mortgage, however his property was unique in that there were not many recent comparable sales of duplexes in his immediate area. He had been denied at a few other banks prior to contacting WI-Mortgage.com for his Janesville Wisconsin Mortgage. … (0 comments)
frank pabon: Appleton Wisconsin Refinance Story: Bill and Jenny
- 08/02/11 02:47 AM
Bill and Jenny is a recently married couple looking for an Appleton Wisconsin refinance. Bill was previously married and was awarded the home in the divorce settlement. Although he was awarded the home, he had yet to pay his former wife the proceeds she was awarded. His interest rate was at 6.5% and had been paying that mortgage for a little over 5 years.
The goal for Bill and Jenny was determined to be to pay off the former wife the $15,000 she was entitled to and to take her off the title. In addition, Bill and Jenny wanted … (0 comments)
frank pabon: Green Bay Wisconsin Refinance Story: Kaley
- 08/01/11 03:55 AM
Kaley is a recently divorced woman looking for a Green Bay Wisconsin refinance. Kaley was divorced about 2 months ago and was awarded the home in the divorce settlement provided she pays her husband his share of the equity in the home. Kaley just wanted to move past the divorce and get this transaction done as quickly as possible. They had been married for about 15 years and had never refinanced since they purchased the home. The current interest rate was at 7.5% and had built enough equity to provide the $20,000 to the ex husband.
Kaley’s goals were easy … (0 comments)
frank pabon: Appleton Wisconsin Refinance Story: Hank
- 07/28/11 02:55 AM
Hank, a recently divorced gentleman from Appleton,WI, needed to pay his ex-wife a divorce settlement of $30,000 fast! He was required to pay off this debt within 30 days and Hank waited until the last moment to start the process. Hank currently had a 7.5%, 30 year Wisconsin mortgage and had 15 years remaining. The goal was clear! Hank needed to close this chapter in his life and start over. The major hurdle was communicating with two sets of attorneys, Mark, and his ex-wife. It took about a week, many phone calls, and countless emails to complete transaction. WI-Mortgage.com was able … (1 comments)
frank pabon: Green Bay Wisconsin Refinance Story: Denny and Sally
- 07/27/11 03:33 AM
Denny and Sally, a lovely couple, wanted to save money! Denny and Sally have two young children and own a very nice home inGreen Bay,Wisconsin. Denny and Sally had several medical collections on their credit report and that was bringing their scores down tremendously. Denny and Sally also currently have a high interest rate and were behind on their real estate taxes. The goal for Denny and Sally was to get a great Green Bay Wisconsin mortgage, save money, and to escrow their taxes and insurance! With a little coaching, Denny and Sally were able to pay a few key medical … (0 comments)
frank pabon: Madison Wisconsin Refinance Story: Mark and Kate
- 07/26/11 05:52 AM
Mark, a married man from Madison,Wisconsin, wanted to save money! Mark is married to Kate and they have a beautiful lakeside home in Madison,Wisconsin. Mark pays child support and also owns has a condominium in Milwaukee,Wisconsin. Kate had a bankruptcy due to a previous marriage and has perfect payment history on her credit report since the bankruptcy was discharged. Mark’s current loan has an interest only payment and has paid perfectly on his mortgage for four years. The problem is that his interest rate is at seven percent (7%) and has not paid one cent down on his mortgage. WI-Mortgage.com established … (0 comments)
frank pabon: Hard work and determination matter!!!!!!
- 06/15/11 08:13 AM
You can still purchase a Wisconsin home today with average credit but it takes hard work and determination. I am writing this post to share a story about a client's journey through the Wisconsin homebuyer's process. My clients Reggie and Elizabeth, are married with 4 children, make a reasonable amount, have several credit issues and wanted to purchase a home. Reggie and Elizabeth long time goal was to give their children a place they could call home. Reggie and Elizabeth called me about six months prior to the closing to begin the process. This is IMPORTANT. Reggie and Elizabeth knew they … (0 comments)
frank pabon: WI-Mortgage.com Wisconsin Refinance Story: Xavier and Maria
- 06/01/11 07:47 AM
WI-Mortgage.com recently helped a young couple from Madison, Wisconsin. Xavier and Maria needed to save some money quickly. Expecting their first child within the next few months, they wanted to save some money to make life easier for them. They have their current first and second mortgages at their local bank at the high interest rates of 7% on the first mortgage and 9% on the second mortgage.
They identified their goals as:
Consolidate their two mortgages into one mortgage Lower their interest rate on both loans Lower their monthly payment Xavier and Maria were able to consolidate … (1 comments)
My client Jackie, (that's not her real name - I have to follow privacy laws) a single mother of two, fell into $25,000 and wanted to purchase a modest home. Her life-long goal was to give her teenage girls a place they could call home. Jackie called me about three months prior to the closing to begin the process. This is IMPORTANT. Jackie knew she had some issues with her credit and income. Jackie wanted assistance with fixing her problems and knew … (2 comments)
frank pabon: 1003 APPLICATION AND DOCUMENTS NEEDED
- 04/04/11 08:33 AM
When I take your wi-mortgage.com application, I will complete a Fannie Mae form 1003. It is commonly called a uniform residential loan application or URLA. This is the first step in the mortgage approval process. The 1003 must be filled out honestly and completely.
Section 1 of the 1003 asks for the type of mortgage and terms of loan: VA - Veteran's Administration Loan FHA - Federal Housing Administration Loan CONVENTIONAL - Fannie Mae loan USDA - United States Department of Agriculture Rural Development Loan LOAN AMOUNT INTEREST RATE NUMBER OF MONTHS - Length of Loan AMORITIZATION TYPE - Fixed … (0 comments)
My name is Frank Pabon, Senior Mortgage Consultant with Hartford Financial Services, Inc. I have been a licensed loan originator for over ten years; and helped thousands of Wisconsin homeowners reduce debt and getting first-time home buyers in their DREAM HOME.
I will share my client's REAL-LIFE success stories and also shed some light on how to navigate through this mortgage jungle.
I hope you find my blog informative and entertaining.
Appleton Wisconsin Refinance Success Story: Debbie
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