A homeowner should read their monthly mortgage statement, and make their payments on time. The statement will provide information to keep you up-to-date on the payment schedule and amount; eliminate being shocked or awed. Isn’t the payment amount the same monthly? No, not necessarily. Why do monthly mortgage payments change? It could be the loan type, mortgage insurance premiums, homeowners insurance premiums, real estate taxes, or a simple billing mistake made by the servicer. If you notice strange discrepancies or errors you should contact your mortgage servicer and send an information request letter. Contact us at...
Blog
2021 FHA MARICOPA COUNTY LOAN LIMIT
The FHA loan limit in Maricopa County for 2021 increased from $331,760 to $356,362. That is a 7.4% increase. Meaning, if you have a lower credit score, you can now qualify for a higher priced home. We are taking applications at the new FHA loan limit. Contact us and we can help. We offer a variety of products and services, ask us how we can assist you today: Counsel Mortgage Group®, LLC www.counselmortgage.com 480-502-1000 NMLS #178927 AZ MB #0909580 CA DBO #60DBO43873 Copyright © 2020 Counsel Mortgage Group®, LLC.
December 13, 2020December 13, 2020
WE HELP YOU FIND THE RIGHT LOAN
We help you find the right loan by asking simple yet informative questions. When looking to purchase a home there are many factors which determine the type of loan. For example, do you have little down payment? Do you have less than perfect credit? Our experienced loan originators ask simple and straight forward questions to get you on the right path. The first step toward purchasing a home is pre-qualifying. Once pre-qualified, we will prepare a Pre-Qualification Form you can take to your Realtor or to the seller. When shopping for the best mortgage broker in Arizona...
December 9, 2020December 10, 2020
CONSIDERING REFINANCING?
Many factors should be considered when deciding if refinancing is the best choice for your needs. We can help you. We’ll ask simplified questions to get you on the right path. We have helped hundreds of families refinance loans over the years. We analyze the current rates and evaluate whether refinancing is right for you or whether it is not in light of the costs involved. We can also assist in a refinance to take cash out of your home to make improvements, consolidate debt, or other reasons. Contact Counsel Mortgage Group, we’re happy to review and discuss your mortgage...
December 6, 2020December 7, 2020
RISK MANAGEMENT
Risk management can effect your bottom line. This class identifies real estate risks and shows you how to protect yourself by being aware of negligent behavior and misrepresentation. Counsel Mortgage Group, LLC is co-sponsoring this course presented by Arizona Association of Realtors and WestUSA Realty on December 14th & 15th. Course: 2 day GRI course – 14 CE Fees: $59.00 ($74 GRI Registration + GRI last class fee, $30.00 GRI Designee) We offer a variety of products and services, ask us how we can assist you today: Counsel Mortgage Group®, LLC www.counselmortgage.com 480-502-1000 NMLS #178927 AZ MB #0909580 CA DBO...
December 5, 2020December 5, 2020
CRE LENDERS ADAPT TO NEW MARKET DYNAMICS
Today’s post is written by Michael Green, Commercial Loan Originator for Counsel Mortgage Group, LLC. Capital markets remain healthy with a wide array of active lenders. As the nation progresses through the final months of the year, the lending landscape has vastly improved from the onset of the pandemic which brought lenders and investors to pause as they assessed the impact of COVID. Access to debt capital, though, has been far more abundant than during the global financial crisis (2008-2009), with the Fed taking extreme steps to shore up credit markets and ensure liquidity. Following the Q2-20 uncertainty-driven investment slowdown,...
December 3, 2020December 3, 2020
YOUR REVIEWS MATTER TO US
My experience with Mr. Jim Moore has been beyond excellent. My life was a complete financial mess. My husband was an Army Veteran who passed away. To have such an amazing Veteran like Jim help me with my credit issues and my mortgage loan has been a gift! I highly recommend Mr. Jim Moore and Counsel Mortgage Group to all veterans in need of credit improvement to purchase or refinance a home. If I could give him six stars I would. His team at Vet Your Credit is always ready to go above and beyond to help everyone especially...
November 29, 2020November 29, 2020
NOW IS THE TIME TO LOCK IN A RATE
Today’s interest rates are at an all-time low. You may want to lock in a low rate while you can. Rates are subject to change. Interest rates, like stocks, change daily; it is hard to predict whether the rate will go up or down. It is best to see what your payment is at the current rate, and take a look at what the payment would be if the rate increases or decreases by ⅛. Interest rates are quantified by ⅛ s, such as 3 1/8%, 3 1/4%, etc. You will then be able to calculate the...
November 23, 2020November 24, 2020
MASTERING THE RESIDENTIAL PURCHASE CONTRACT-CONTRACT LAW
The gears are already in motion, come learn the details of the AAR Residential Resale Purchase Contract from a PRO. Counsel Mortgage Group, LLC is co-sponsoring this course by MPH School of Real Estate on Thursday, December 3, 2020. This class will teach you all that you need to know about the changes and how it will affect the way you do business. We offer a variety of products and services, ask us how we can assist you today: Counsel Mortgage Group®, LLC www.counselmortgage.com 480-502-1000 NMLS #178927 AZ MB #0909580 CA DBO #60DBO43873
November 21, 2020November 21, 2020
NOW OR LATER?
The interest rates have remained low and are currently under 3%. Waiting to buy a home may not be the best decision, rates are subject to change. There’s no guarantee rates will remain low. Choosing to buy now may give more purchasing power than if you wait until later. It is also a good time to consider a refinance. Contact us and we can help you analyze if this is a good time for you to buy or refinance. We offer a variety of products and services, ask us how we can assist you today: Counsel Mortgage...
November 19, 2020November 20, 2020