An informed decision always yields better and more successful results. For a buyer looking into the market for a new house or car, knowing your options and the consequences of certain decisions can help you avoid financial mishap that often happen into the future. Coursing your direction into the right path at the outset can [...]

More than getting a fresh start on your home loan, refinancing mortgage loans can give you extra flexibility on your payment. One of the benefits of Florida refinancing is the tax deductibility feature of the amount that qualifies as home acquisition debt. People may not be aware of how their mortgages work; hence, they fail [...]

People who are in the market for a new home are always met with a gazillion options. Buyers who are in it for the first time may find it too wearisome to go through them all. However, narrowing down your search can effectively shorten the time it takes for you shop to actually moving in [...]

Good news, rates have been falling for the most of this year. Bad news, rates have probably bottomed and will head higher. Last week brought a gale of game-changing news, contradicting recovery, and a whiff of panic. This holiday-short week was news-thin, and mid-July marks the beginning of an often sleepy season for markets and [...]

National preoccupation with SpillCam is a useful distraction from a slow-motion blowout in financial markets. The leak in the money well will not harm the environment, but much like the deep-water layers of oil in the Gulf, a slippery mess is uncontained. The stock market is all over the place, but not the credit markets: [...]

What I hope to be able to accomplish with this blog is to make sure that borrowers (and Realtors) know that the loan officer is your advocate when preparing your loan for review with their underwriters and processing staff.  Loan officers have a responsibility to not only our employer but to our borrowers – a [...]

As I sit here and type this blog entry, I think of my childhood, about my mom and how she has influenced me into the person I am today.  I think all people (whether they will admit it or not) have a common and deep rooted connection with their mothers.  My mom and I aren’t [...]

FHA Increases Upfront MIP Fee: Raises Credit Score Requirement; Reduces Seller Concessions Mortgage insurance premium (MIP) will be increased to build up capital reserves and bring back private lending The first step will be to raise the up-front MIP by 50 bps to 2.25% and request legislative authority to increase the maximum annual MIP that [...]