Many home owners don’t realise , but in the past several months mortgage underwriting guidelines have been drastically reduced. Many homeowners who are paying high mortgage payments can now qualify to have their Loans streamlined. Streamline refinances are the most simple, cost effective loans available to home owners. “Streamlines”  Some of the advantages are no appraisal [...]

A while back a friend of mine told me how he felt he had been ripped off by his local bank. He had just refinanced into what he thought was the best rate available on the market 4.75%. While this seemed to be a reasonable rate he went on to tell me he had paid [...]

Not long ago, One of the users of my site wrote and said this; Dear Dirk, Just wanted to send a note of graditude! we recently used your site to obtain our refinance, but only after being turned down by our local bank. We thought we were the perfect borrowers good income, credit and home [...]

Whenever you fill out any information over the net, you have to be very careful. Some sites ask for Information, that no one should have to sacrifice their  safty and security to. Here are some red flags to look out for Sites that ask for social security number’s. This should only be given to a [...]

loan Officers are regulated by a government law called section 32 they can only charge a maximum of 7 points, in this seven points the loan officer must cover all costs associated with the loan such as title, appraisal doc fees courier fees etc. If he or she uses up 6.7 percent of the loan amount [...]

One of the most important things a home owner can do when preparing for an appraisal is to make the home astidy, clean and organized as possible. I remember back in the days when I was a loan originator, I had several appraisal come across my desk and the pictures in those reports told a story much deeper [...]

If your in the market for a home loan and your wondering if you should hire a broker or banker, this article might help in making that decision. While they’re both considered loan officers they each have small differences that could affect the loan outcome. Brokers usually work for multiple mortgage servicers. They tend to [...]

I have been wanting to start a Mortgage blog for some time, Mortgage Lending has been a past and present passion of mine. I enjoy helping people come up with unique ways to  pay down thier debts, Pay off thier homes and create an Income stream from rental and other Income properties both residential and [...]