In the case of interest rates, the Fed’s end of year announcement that they would be pulling back some of the stimulus package that has helped keep rates where they currently sit is a certain catalyst for change. A mortgage rate buzz kill if you will…
Getting a mortgage is a process, but there are things you can control. And that means pulling together legible copies of all the correct documents needed to submit a loan application so you can save yourself time, money, and stress.
If you are a Realtor working with a seller who is determined not to accept offers from buyers receiving financing in the form of a VA loan because your sellers do not want to pay the buyer’s closing costs; there’s a work around. I am proud of the way VanDyk Mortgage handles a lot of… Continue Reading How to Make VA Loans More Attractive to Sellers
While these policies typically protect the exterior from outside walls to roof to common areas…just make sure you’re not going to get stuck with a repair bill for an exception for which you assume you are covered, just because you think you have insurance coverage by the homeowners association.
In my opinion, it would be hilarious if it weren’t so tragic; the answer to the original problem was to force everyone to have appraisal management companies. I understand the need for appraisers to have independence from those in loan origination roles, but there has to be a better way that benefits the consumer. Why not enforce the USPAP regulations that appraisers supposedly hold themselves to in the first place?
So with all that being said; why it is that the evil mortgage brokers are the scapegoats? And what color is the sky in their world?