2008-12-12 06:45
This is a question that I have been asked hundreds of times. What I would like to do is go over the similarities and the differences. If you would like to use conventional (Bank) financing… Read More
Blog Directory > Finance Blogs > California Mortgage Advisor finance Blog >
California Mortgage Advisor Blog
consumerdirectlending.blogspot.com
Tags:
loan
mortgage
bank
rate
appraisers
combo loan program
interest rates
lending
higher interest rate
hard money
A insight into the current residential mortgage mortgage industry issues and loan programs.
2008-12-12 06:45
The following are a few examples of problems in the mortgage industry:2007-02-13: Will NFI Weather the Storm? (readers alert on NFI's robustness)2007-02-13: ResMAE Files Chapter 11 (Added to… Read More
2008-12-12 06:45
Many of my past clients are in a position where they refinanced their homes 2-3 years ago with the lowest interest rates seen in the past 40 years. Today, we are seeing a different marketpl… Read More
2008-12-12 06:45
Many home owners refinanced their homes 2-3 years ago based on lowered interest rates. Instead of getting a long term fixed rate solution, they opted for a quick fix and chose a 2-3 year ad… Read More
2008-12-12 06:45
For the past 3 months their has been an increase in equity deterioration for California homeowners. One of the problems that I have seen causing this situation is investors that purchased t… Read More
2008-12-12 06:45
Many people have been stuck in your same situation. Usually, the problem lies with income documentation or past credit issues. In today's economy it is very hard to be a conventional clien… Read More
2008-01-29 07:01
For the past three months, I have had trouble placing my borrowers in either the same or a better position then they were currently in. I have see lender raise there guidelines on borrowers… Read More
2007-07-16 22:59
In the last six months with housing prices dropping and the foreclosure rate rising there has been a shake up in private lending. A lot of these same residential mortgage lenders were offs… Read More
Subscribe to California Mortgage Advisor
Get updates delivered right to your inbox!