Randall Schrader's (superbroker007) Blog

He wasn't MY first choice by far, but I admire his complete disregard for the way things work.  He declined public financing and found a way to collect mountains of cash.  He appeared fresh and energetic for a solid year.  He ran a nearly flawless campaign and took out a war hero with decades of ...

Manufactured home mortgages are tricky, but far from impossible. Manufactured homes are regulated by our state as vehicles.  This presents a problem for typical mortgage brokers.  Like anything else, if you do the same thing every day you will get REAL good at it.  I've done financing on 1965 sin...

Get ready to give Obama more than your candy if he wins.  I like the skit a friend said Howard Stern did.  They had reporter types in Harlem asking who they would vote for, naturally Obama, which doesn't sit well with me on several levels.  Then they asked the Obama supporter if they were okay wi...

It's odd that more people don't know the power of FHA loans.  FHA Loans are easy to do today and all they have to do is make sense. Here are some examples . . . . - No credit score or a ghost score - Single wide mobile homes - 550 credit score - Very little money down - Homes needing major repair...

Get ready to give Obama more than your candy if he wins.  I like the skit a friend said Howard Stern did.  They had reporter types in Harlem asking who they would vote for, naturally Obama, which doesn't sit well with me on several levels.  Then they asked the Obama supporter if they were okay wi...

FHA Loans are make sense loans, these are some exaples . . . . - No credit score or a ghost score - Single wide mobile homes - 550 credit score - Very little money down - Homes needing major repairs - Duplexes - Major remodeling, cash out refinance - Debt consolidation If you have a situation tha...

If the mobile home, (single wide or double wide) was built after June of 1976, there are tons of lenders lining up to fund a FHA or VA loan.  These loans require very little down too.  If it is older than June, 1976, things get a bit trickier, but I can still help.  The maximum loan-to-value is g...

If it was built on or before 6/15/1976, there are tons of lenders lining up to fund a FHA or VA loan.  These loans require very little down too.  If it is older than June, 1976, things get a bit trickier.  The maximum loan-to-value is going to drop to 80% or less.  Loans on pre-1976 are not gover...

You want to get a security deposit to take care of any damage caused by moving in and out, pets and any repairs.  One thing that is not so obvious though is replacing appliances!  My glass top stove and washing machine are both gone!  I have the serial number and receipt for the stove, but I don...

Mobile home mortgages are tricky, let me help!   This type of property is just DIFFERENT and, like anything else, if you do the same thing every day you will get REAL good at it.  I've done financing on 1965 single wides, 100% VA purchases, tons of loans for homes in 55+ parks on rented or leased...