Mortgage Originator Marketing Differentiate or Die
One of the best ways to attract more clients is to quit marketing the same way your competitors do. Because when all mortgage originator marketing is essentially the same, it becomes nearly impossible to distinguish one loan officer from another. And studies show that consumers will make decisions ... more...

Late Mortgage Payments Sabotage PMI Cancellation
There's something you should know about PMI!Private mortgage insurance is commonly referred to as PMI. If a buyer makes a down payment of less than 20% of a home's value the lender will insist that a premium for PMI be added to every monthly payment.Statistics prove that the more money a buyer has ... more...

Mortgage Terminology for the First Time Home Buyer
Buying a Home for the first time can be a little nerve racking. Mortgage terminology that brokers use everyday can leave you scratching your head or shaking your head pretending that you know what theyre talking about. Here are some mortgage terms and definitions that youll be hearing when shopping ... more...

The Truth About Shopping for Mortgage Rates
With so much lender advertising focusing just on rates, you may not be aware of the importance in choosing an experienced, reliable loan professional who can match you with the appropriate loan program. Good loan officers and mortgage brokers may quote todays rate when asked, but they will quickly ... more...

What Exactly Is A Reverse Mortgage And How Does It Work?
A reverse mortgage is a certain loan that allows the older generation to take their home equity and turn it into cash. With this type of loan the bank is actually paying you monthly out of the equity in your home. The funds from reverse mortgages can be used for whatever you like. Many people like ... more...

The Most Effective Way To Get A First Mortgage
Buying your first home can be both exciting and scary. Getting your first mortgage is part of that dream of owning your own home. Your first mortgage can be a confusing and difficult time for people who have never had to apply for a mortgage before or understand the many different aspects of a ... more...

Reverse Mortgages - Get The Money You Need - Part 2 of 4
To recap part 1, Reverse Mortgages are loans that allow you to borrow back the equity in your home. If you are 62 years of age or older, they are a way to borrow against the equity in your home to provide you with tax-free income. Probably a good idea if you're a senior who needs cash for medical ... more...

Reverse Mortgage Providing Peace of Mind Without Sacrificing Safety or Security
For many seniors one of their greatest sources of security is their home. It not only provides a comfortable and familiar environment, but it provides a sense of independence and a source of many fond memories. The equity in that home represents a financial nest egg and a legacy for them to pass ... more...

Mortgage Debt Elimination in 5 to 7 years!
Mortgage Debt Elimination shows that most home loan debts will be secured. Secured debts usually are tied to an asset, like your house for a mortgage. If you stop making payments, lenders can foreclose on your house.Unsecured debts are not tied to any asset, and include most credit card debt, bills ... more...