Are you looking to invest in a primary, secondary or vacation home in Arizona, California, Hawaii or Illinois? We are licensed and broker loans in these states. Why is it beneficial to work with a mortgage broker licensed in multiple states? Example: We can help you refinance and take cash out of your Illinois home...
Author: john (John Rapasky)
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ARE YOU PARTNERING WITH A LENDER WHO CAN CLOSE LOANS?
Are you a real estate company looking to partner with a lender who can close loans for your agents? A lender with experience and vast resources who has a lot of options as to where to place a loan, thereby creating more opportunity for your agents? Consider Counsel Mortgage Group, LLC. We are a mortgage...
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WE ARE GRATEFUL TO PROVIDE EXCELLENT SERVICE
We are always grateful for client reviews, and strive to provide excellence in service. John is an absolute professional in the industry. I have enjoyed working with him and his clients. I hope to have the opportunity to work with them in the future. I highly recommend Counsel Mortgage and John to anyone looking for...
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ANOTHER LENDER TO WHOM WE CAN BROKER: VELOCITY MORTGAGE CAPITAL
In addition to residential loans, we broker commercial loans. One lender we can broker commercial loans to is Velocity Mortgage Capital. They lend on 1-4 unit, multi-family, mixed use, and commercial real estate. They are an asset based lender. They work with investors and business owners. They will consider the experience of the investor,...
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WHAT IS INVOLVED IN THE LOAN PROCESS?
The closer you work with your loan originator, the quicker the loan will move through the process. What is involved in the process? Step One: Complete the loan application; Lenders require a fully completed application. This includes providing a 2 year residential and employment history. Lenders will email the Loan Estimate to you...
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CONTINUING ON THE ROAD TO WHERE?
Nothing new to see here! As widely predicted, this afternoon the Fed raised the fed funds rate another quarter of a point, now to a range of 4.5 – 4.75%. This will take the prime rate tomorrow to 7.75%. Perhaps as importantly, this puts the Fed within ½ to ¾ % of what is widely...
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PHISHING
Phishing seems to be a trend today. We receive many emails which appear to be related to our clients or transactions we have in process. But, unless we recognize the sender, we do not open them. Phishing is defined by the Oxford Language Dictionary as “the fraudulent practice of sending emails or other messages...
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AGE IS NOT A QUALIFYING FACTOR WHEN APPLYING FOR A MORTGAGE LOAN
You’re never too old, age is not a factor when applying for a mortgage loan. Lenders cannot discriminate based on age. So, even if you are 100 years old, and can qualify for the payment, you can get a 30-year mortgage.
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ANOTHER LENDER TO WHOM WE CAN BROKER – UNITED FARM MORTGAGE
United Farm Mortgage has a great niche in the marketplace. They can lend on anything agricultural, such as horse farms and boutique vineyards, and can lend on rural land. There are not many lenders who provide this type of financing. Just another reason to work with a mortgage broker, who has access to these...
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CAN YOU QUALIFY FOR A MORTGAGE LOAN WITH A FIXED INCOME?
The answer is Yes! Do you receive social security income, disability income, pension, annuity, or some other type of fixed income payment? Do you have money saved, but are currently not receiving any income? We have closed many loans where a monthly draw was setup out of a retirement account to demonstrate income...