As a mortgage broker, we are able to get approved with manydifferent lenders to represent their product lines to our clients. With few exceptions, we can place loans with all the majorlenders that have an “office on the corner”. Wells Fargo,Chase, Citimortgage, Washington Mutual and Countrywideare among those large companies. There are also many lenders [...]
Continue Reading →Whenever we go through these wild gyrations in the market,the correction to the problem is usually a very conservativereaction, many times overly conservative. In the last eight weeks, as the sub-prime mortgage marketcreated doubt among the investors that the quality of theloan products was as good as they were led to believe, theinvestors also pulled [...]
Continue Reading →The hybrid ARMS – those are the loans that fix the interestrates for an initial period of time and then turn into adjustablerate loans for the remainder of the term – have been versatileloan products to help clients save money. When I discuss loan programs with clients, I usually willgive them an idea of their [...]
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