Make your mortgage payment, if you can… We recently posted about mortgage payment forbearance and why it’s best to continue making payments if you can. There may be consequences; mortgage lates. “Mortgage Hangover” is another reason why you should make your mortgage payment. See this article posted on Bloomberg.com. Fannie-Freddie Forbearance Rule Sows Fears of...
Author: john (John Rapasky)
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WHAT IF YOU DISAGREE WITH YOUR HOME APPRAISAL
What if you disagree with your home appraisal? Do you have to accept the appraiser’s findings without questioning them? You can question the appraisal; you can appeal the appraisal. The appeal process goes through the appraisal management company. You have to provide data in order to appeal. For example, if there are comparable sales (“comps”)...
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WHAT IF YOU DISAGREE WITH YOUR HOME APPRAISAL
What if you disagree with your home appraisal? Do you have to accept the appraiser’s findings without questioning them? You can question the appraisal; you can appeal the appraisal. The appeal process goes through the appraisal management company. You have to provide data in order to appeal. For example, if there are comparable sales (“comps”)...
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CAN YOU GET A MORTGAGE DURING COVID-19? YES
Can you get a mortgage in the midst of a pandemic? I have had customers ask me whether lenders are lending during Covid-19. The answer is yes. As a result of Covid-19, there was volatility in the market. You may have seen this first hand where the Dow decreased by 10,000 points in 3...
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VA INTEREST RATE REDUCTION REFINANCE LOAN
We thank our veterans for their service and we are proud to have veteran employees. Our veteran employees specialize in assisting fellow service men and women, and we have closed many VA loans. Unfortunately, once a VA loan closes, veterans are deluged with solicitations from many lenders to refinance. Some of our clients have called...
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STAY AT-HOME ORDERS AND MORTGAGE LOAN CLOSING DOCUMENT SIGNING
Are you about to close on a mortgage loan but you’re under a stay at-home order? Are you wondering how you’ll sign closing documents? Do you have to be at the title/escrow company to sign the loan documents at closing? No, you do not. Many title and escrow companies provide notaries which will allow you...
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COMMERCIAL MORTGAGE FINANCING IN THE POST-COVID-19 WORLD
As I commented only a couple letters ago, pre-COVID-19 (paraphrased) … “It’s very difficult to make predictions, especially about the future.” Yogi Berra Yet, here we are! While we’re much more accurate reporting the past and extrapolating into the future, the recent data is largely irrelevant, and hence the...
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WE CAN COUNSEL YOU, WE’RE HERE TO HELP
If you are looking for financing to purchase a home, or refinancing options, we can help you. Whether you have perfect credit, a great job, or less than perfect credit and no job due to unprecedented current conditions, we can counsel you to help you access the options. We are mortgage brokers and have access...
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FAST TALKING
You’ve probably heard a lot of ads on the radio promising low rates and quick turnaround times for approval. Did you also notice how the ad speeds up during the disclaimer portion of commercial? Ads are meant to get your attention but do you always get straight talk and information? We are a mortgage broker,...