Friday Coffee with your Mortgage Man, EricToday we talk about the new Conforming Loan Limit and the FHA Loan Limit, but not before we talk about huge changes coming in Condo Financing with Fannie Mae. This is very important news regarding the future of financing condos. Check it out.
Friday Coffee with your Mortgage Man, EricToday's main topic we discuss the issue we are having with the rising costs of Appraisals and why the Turn Times are increasing as well. We have a Shortage of Appraisers and there is no sign of correction, unfortunately. But before we get to that topic, we discuss what I have been busy doing in the last 6 weeks. I have been getting licensed in many other States. But, how are Direct Mortgage Lenders different than the Federal Banks and Credit Unions. How are we held to higher standards versus the Loan Officers at the Federal Depositories. Some interesting information for you.
Friday Coffee with your Mortgage Man, EricToday we talked about the latest Real Estate Market Update and just how Un-Important it is that a 1/4% difference makes on an Interest Rate. Build your sphere of influence and your Network. Don't step over the dime to pick up the nickel.
Stay in the know
See why we are rated as a
TOP MORTGAGE LENDER
There are no wrong questions. We’re here for you!
How long does it take to close on a new home?
Generally, about 30 days. We aim to exceed that goal for each and every loan.
When can I refinance my home and how do I start?
On the average, you can refinance your home after 6 months of owning it. We’re happy to help you get started, give us a call!
What does my credit need to look like to buy a home?
We have loan programs for everyone. If you find yourself in a sticky credit situation, we can help with that, too.