Joe Petrowsky's Blog

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Mortgage and Lending - Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - NMLS # 6869

ARCHIVED BLOG POSTS

2014 

“Three Year Old Blog Brings New Business”     http://activerain.com/blogsview/2379680/mortgages-blowing-up--just-before-closing-date   This couple was supposed to close on Friday, but the closing didn’t happen and isn’t going to happen with their current lender. Apparently the day before closing...
12/30/2014
“More Lenders Looking at Subprime Loans”     I continue reading more news about more lenders, some of which are big box banks looking at “Subprime” mortgage loans again. My advice; they should stay away from what they don’t know how to do well. Many big box banks got into subprime loans a few ye...
12/29/2014
“Pick Up the Phone”       I do my fair share of email marketing, including newsletters. I know there a lot of effaces on testing, I know it is supposed to save a lot of time, but instead I make lots of calls. As often as I connect with my referral partners, many seen surprised when I call to che...
12/28/2014
“Being Licensed to do Mortgages in 8 States”     I am fortunate to do business in 8 states, it allows me to service clients all over the country. Each state has their own specific rules and in many cases different forms for the application process.   Each state has time required for continuing e...
12/28/2014
“Pre-Listing Home Inspections”       Past clients of mine, contacted me to get preapproved, as they planned on selling their home and purchasing another. As we discussed the process, they let me know that their home could use some repairs, but weren’t sure how far they should go.   I advised the...
12/27/2014
“If I’m a Seller and This is this the Best the Agent Can Do?”     I just don’t get it, the property this was being offered was priced at $99,900 and this is the image that is shown in the MLS system.  To me, it doesn’t matter the price, but a photo, best possible photo needs to put a property in...
12/26/2014
“It’s OK, if You Don’t Read My Blogs”     I had to laugh when I got the message below, letting me know he doesn’t like having to open so many of my posts. OK, I admit it, I post a least one blog per day, but this was a new one on me. I was not aware that I had to open anyone’s post or how about ...
12/25/2014
“28 Months to Get a Mortgage”       Not a misprint and very proud of the result and was my way to “Pay it Forward”. This woman was referred to me by a bankruptcy attorney. He felt for the amount of debt it might not make sense for her to file bankruptcy, a total of $10,000 in credit card debt.  ...
12/23/2014
“Websites that are NOT App Friendly”     I owe a special thanks to Kyle Reyes for this website coaching on how to get better results. He asked me one day about the analytics for my website. “What the heck does that mean?” I asked.  I gave him the information he requested and he told me,  “you ar...
12/22/2014
“Under the Table Income can’t be used”     You can’t qualify for a mortgage that large based on your income alone and we also can’t count your husband’s income. I know your husband is working, but he is working under the table and he doesn’t show the income on your tax return. Currently, they are...
12/21/2014
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Joe Petrowsky

Your Mortgage Consultant for Life
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