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Mortgage and Lending - PrimeLending - NMLS# 263379

ARCHIVED BLOG POSTS

2008 

Reverse mortages have been around for a long time.  Many people think very negative about the use of a reverse mortgage and the negative effects on a senior's estate.  I think the only negative is the huge costs some approved brokers charge but the concept is great.  In today's market seniors are...
11/23/2008
I cannot tell you how many Realtors I have spoken to in the Kansas City Area that just cannot seem to get a buyer or potential buyer interesting in purchasing a home.  The main reason seems to be the money down and the uncertainty of money.  I spoke to one Realtor today that said she was sure tha...
11/18/2008
With the credit crisis continuing and no real end in sight we are seeing those people who are still stuck with homes running out of reserves.  As a mortgage banker we always have put a big emphasis on reserves, especially with Investment property purchases and purchasing another home without sell...
11/16/2008
I have a Real Estate Broker contacting me about end loan financing for her clients.  The clients have purchased a home with a hard money loan less than 60 days ago with zero money down.  She wants me to rate term the short term money into a long term loan.  Does anyone have any thoughts.  Seems l...
11/12/2008
Beyond popular believe there are still programs that allow no money down purchases.  I have three programs available.  The first 2 our government programs.  The RECD USDA loan and the Veterans Loan ( VA ).  I also have a conventional program with a down payment assistance second mortgage.  The qu...
11/12/2008
Rainer
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Ron Yarbrough

Ron Yarbrough
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