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The American Dream

By Martin Pimentel

Mortgage and Lending with Foothill Funding Group,Inc.

April 01, 2008 07:06 PM

It was not too long ago there was an over abundance of home loans to choose from and all you had to do was pick your property. If your credit wasn't too bad, chances were that you would be able to close your home purchase or your refinance loan transaction.

Today there needs to be alot of planning and forethought on preparation for a loan transaction, to make sure that the client will obtain the best loan program available. After this mortgage meltdown, we seem to be reconfiguring our lending system and it will be to our benefit and the American dream of owning a home will not be a thing of the past but the present for first time homebuyers!

Martin Pimentel, FOOTHILL FUNDING GROUP, INC.

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Cory Clure

Tamarack Realty - Spokane Valley, WA

I agree the meltdown along with the licensing standards has seemed to weed out many of the questionable, no call, no results lenders around here. It can only get better now.

Apr 01, 2008 07:43 PM

Gayle Fujita Ramsey Mike Fujita

Green Realty Group (808) 388-1485 - Honolulu, HI

(S) RA SFR ePro MRP

Thanks Martin for the optimistic outlook. I agree with you, everything happens for a reason and ALWAYS works out for the best. Great post!

Cheers-

Mike

Apr 01, 2008 07:57 PM

Steve Hoffacker

Steve Hoffacker LLC - West Palm Beach, FL

Certified Aging In Place Specialist-Instructor

Martin, market corrections are good for weeding out the opportunistic companies and the incapable ones.

Apr 01, 2008 10:34 PM

Chip Jefferson

Advanced Building LLC - Lexington, SC

Funding is still an issue. Good people have bad things happen. Now we pull them from that ownership dream.

Apr 01, 2008 10:38 PM

Charlie Ragonesi

AllMountainRealty.com - Big Canoe, GA

Homes - Big Canoe, Jasper, North Georgia Pros

Nice post and the up beat nature is what we need more of Thanks

Apr 01, 2008 11:07 PM

Martin Pimentel

Foothill Funding Group,Inc. - Rancho Cucamonga, CA

Thanks for the kind comments everyone!

May 27, 2008 08:06 PM

Dennis Neal

Exp Realty of Southern California, Inc. - Big Bear Lake, CA

Your Home Sold in 21 Days or We Sell It For Free

Come Back to ActiveRain. Great things are happening here.

Have a great week.

Oct 23, 2023 04:22 PM