Mortgage Update

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Mortgage and Lending - LX Financial LLC
Mortgage Update - Mortgage financing news and topics, and meaningful advice for real estate professionals and consumers.

ARCHIVED BLOG POSTS

2009 

"Cash is King" and it's a buyer's market. I have clients with high yield, short-term (2-6 month) projects that are looking for financial partners. If you have cash to invest (or if we can raise $$ with a heloc on your property) this may be a smart high-yield, mortgage-secured, short-term option....
04/26/2009
I hate to bring it to you, but the cost of borrowing has gone up. I am referring to add-ons (read about it), and credit scores. Just a reminder that Prospect Mortgage is a direct Fannie, Freddie, FHA lender: Great pricing and quick approvals (30-day closes anyone?). Make it a good week folks!  -...
04/19/2009
This week I joined Prospect Mortgage, the nation's largest independent direct lender. What this means: More options than any single source, faster turnarounds, excellent pricing, and niche mortgage programs. Loan modification service is unchanged. My commitment to excellence and ridiculous work ...
04/11/2009
Rainmaker
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Paul Luykx

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Mortgage financing news and topics, and meaningful advice for real estate professionals and consumers.