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

2015 

“Referrals from Attorneys”   Maybe it is my imagination, but it seems like each time I have received a referral from an attorney, it always seems to be loaded with issues. Mind you I don’t mind a challenge, but lately the challenges have been off the chart!   Ron asked if I could get a mortgage ...
01/20/2015
“All Testimonials are great but some are Just a Little Better”     It took a few months to get the credit squared away, but not because of his own errors or mistakes. It was because his employer’s insurance company wasn’t always paying what they were supposed to, but with a little persistence th...
01/18/2015
“Sometimes I Just Don’t Get the Math”     I got a referral from a financial planner a couple of weeks ago. His clients wanted to take $200,000 out of their retirement account so that they could pay cash for the property that they wanted to purchase.     During my conversation with the client, th...
01/18/2015
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“Weltanschauung”   Last year was the first time I did a blog on this topic and the more I continue to participate with Activerain, the more I understand the meaning. The creation of Activerain was definitely focused on a world view when it comes to the real estate and mortgage industries. This c...
01/16/2015
“Shame on the Listing Agent”       I did a preapproval for a client that required a FHA mortgage and wanted to purchase a condo. In discussions with the listing agent, it was indicated that a unit that was of interest was in a complex that was FHA approved. In early December a purchase agreement...
01/15/2015
“Two Republicans Want to Block the FHA Fee Reduction”   They must be out of their minds and must not have constituents that would ever require a new FHA mortgage or refinance.   I have emailed my entire database of clients that currently have a FHA mortgage. Many of which I have not been able to...
01/14/2015
    “Best Way for Me to Create My Next Blog”     For those of you that have seen my blogs or follow my posts on a regular basis you know I am never at a loss for content, let me share the secret with you. All day long I am coming up with titles, as a result of working with suspects (aka shoppers)...
01/14/2015
“My Balancing Act Between My Client and the Realtor”   Many are aware the monthly mortgage insurance premium for FHA loans is being reduced on Jan. 26th. One of my client went under contract over the weekend and Realtor called me to find out when I was going to be doing the mortgage application....
01/13/2015
    “Unemployment Still a Problem”     Coca-Cola just announced it will lay off about 1800 employees globally as that will save the company about 3 billion dollars. J.C. Penny is shutting down 39 underperforming stores, which will cost over 2000 jobs and Macy’s is to close 14 stores that will cos...
01/11/2015
        “Is there Room for the Internet Lenders”         Since I am a strong advocate of a free enterprise system the answer is.. absolutely, but the public needs to beware.   I worked with two sets of people yesterday that had been working with so called “Internet Lenders”. Neither situation mad...
01/10/2015
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Joe Petrowsky

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