In the January 2018 Senior Loan Officer Opinion Survey (SLOOS), released by the Federal Reserve earlier this month, we received a snapshot of Q4 credit standards among businesses. This report focuses on supply side reporting of credit dynamics. While banks reportedly continued to ease standards on commercial and industrial (C&I) loans, demand for such loans...
Tag: #attorney
SBA LOANS: UPDATE
The SBA (Small Business Administration) guidelines for 7(a) loans have been updated – they do so annually – and are now in the market for these loans. There are a couple major changes worth noting for prospective borrowers. (They’re all worth noting, but the drill-down details are beyond the scope of this discussion.) 1. Minimum...
VETERANS HELPING VETERANS
Lee Selleck and Jim Moore are veterans who are committed to helping veterans. They are loan originators with Counsel Mortgage Group, LLC. Lee and Jim specialize in VA loans, and help veterans obtain home ownership and have helped veterans obtain housing with nothing out-of-pocket, including obtaining appliances. Jim and Lee work with veterans with less...
HELPING THE HOMELESS
HELPING THE HOMELESS Counsel Mortgage is a proud supporter of reKindle, a not for profit that helps the homeless. We participate in Second Chance Saturday where reKindle teams up with another charity, GIVE (Girls who Inspire, Volunteer and Empower) to provide backpacks, clothes, toiletries, food, water, and even massages to the homeless. We recognize how...
FEDERAL RATE INCREASE: EFFECT ON COMMERCIAL LOANS
As expected, the Federal Reserve’s Open Market Committee (FOMC) raised the target range for the federal funds at the most recent Dec. meeting. The rate rose 25 bps to a 1.25-1.50% range, with the move the Fed has now hiked the Fed Funds rate 3 times this past year and five times since they started...
HAPPY HOLIDAYS
The holiday season is about giving and kindness. The folks that work at Counsel Mortgage fill this role from helping veterans to serving the homeless; mortgages are what we do, but who we are is what defines us. Each person that comes to work for Counsel Mortgage is told the overriding principle of our company...
WISHING YOU A JOYOUS HOLIDAY SEASON
We offer a variety product 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 John Rapasky is the President of the Counsel Mortgage Group, LLC. Copyright © 2017 Counsel Mortgage Group®, LLC.