Lending and everything Midwest - Larry's blog

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Mortgage and Lending - Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - NMLS ID# 158606
Designed as an open forum that just allows people to talk about anything pertinent. Not politically correct...just facts, fun, advice, expertise and opinions expressed here.



Stable housing leads to long-term stability, which factors into reliability and other characteristics of successful employees. Are you aware that loans guaranteed by the Department of Veterans Affairs (VA) Home Loan Program have had the lowest foreclosure rate in the past 19 quarters compared to ...
I will never use Active Rain to bitch about bad experiences.  But, with 19 years in real estate, I can honestly say that my experience with Frasz has been nothing less than disastrous.  We had our dream house built four years ago.  Mr. Frasz was hired to put in a septic system.  Almost every sing...
There are many things that people should know about FHA loans.  They're great for a variety of reasons, but I'm going to give you my list of favorite reasons for considering and FHA mortgage.  First time homebuyers can generally come in with less of a downpayment.  Truthfully, conforming or conve...
  Before law school, I obtained a Master's Degree in Clinical Pscychology. I wanted to work with teens, but ended up working with the parents who just bitched about each other and really weren't invested in the real problem.  SAYANORA....I was out!  Screw this, I thought and went off to law schoo...
  In my perpetual quest to add value to you, FHA is increasing the annual MIP, effective April 1rs, 2013.  It's out there!  It's happened!  Not killer by any means, but it has happened.....so literally....buyer beware!!!! Pay particular note.  FHA is increasing the annual MIP by 5-10bps. Refer to...

Larry Bettag

Vice-President of National Production
What to know how to buy if you're a bit credit challenged?
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