financing: It's That Time Of Year Again - 08/03/09 04:08 AM
Karl PeidlLincoln Mortgage Company251 Bellevue Avenue, Suite 102 Hammonton, NJ 08037© Copyright 2009. All About News, Inc.

financing: Score: What is it Good For? - 07/22/09 04:31 AM
Karl PeidlSuperior Mortgage CorpAugusta Professional Center 854 S White Horse PikeHammonton, NJ 08037
© Copyright 2009. All About News, Inc.

financing: Quick Tips for Getting Started on Your Refinance - 07/08/09 01:53 AM
© Copyright 2009. All About News, Inc.

financing: What Are Points and When Should You Pay Them? - 03/05/09 03:14 AM

financing: Wild Markets, The Fed, and Opportunities - 09/17/08 10:48 AM

Uncertainty in Financial Markets Could Cause Dramatic Rise in Existing ARMs at Next Adjustment If you or anyone you know has an Adjustable Rate Mortgage, this is an important point to consider. Many ARM loans are tied to the London Interbank Offered Rate (LIBOR). In fact, there are six million loans in the United States that use LIBOR to determine the interest rate and as the name suggests, many banks use this rate to lend money to each other.
But, today, banks lack confidence that the money they lend will be paid back. In light of what has happened with … (0 comments)

financing: Mortgage Rate Shopping - DON'T DO THIS!!! - 08/29/08 08:19 AM
I just got off the phone with a customer that is about to get taken advantage of, but there is nothing I can do about it. 
It all started with a voicemail I received.  The customer, who I have never previously spoken to, left a message requesting a Good Faith Estimate for a purchase.  He asked that I call him immediately as he plans to make a decision today.  Today being Friday, the last business day of the month, and the beginning of a long holiday weekend, I still managed to get back to him in under an hour.
When we spoke, … (11 comments)

financing: Why Pay Private Mortgage Insurance (PMI)? - 08/29/08 07:20 AM

Private Mortgage Insurance (PMI) is required by most lenders when a borrower puts less than 20% down on a purchase loan. Paid for by the borrower, PMI not only protects the lender from foreclosure, it also enables many buyers to qualify for loans and purchase real estate when they couldn't have otherwise. On January 1st, 2007, legislation went into effect making PMI tax deductible for new borrowers whose personal adjusted gross income is $100,000 or less. This has created additional opportunities for many buyers to finance a more expensive home or, in some cases, to obtain a lower monthly payment, … (4 comments)


Karl Peidl

Accredited Loan Consultant

Moorestown, NJ

More about me…

Address: 305 Harper Drive, Suite 3, Burlington County, New Jersey, Moorestown, NJ, 08057

Office: 8562(521) 200-1224

Mobile: (609) 254-6687

Email Me



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