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...
Tag: #california
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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...
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WE CAN HELP
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APPLYING FOR A COMMERCIAL LOAN IN THE COVID ENVIRONMENT
Lenders have raised the bar on underwriting guidelines in recent years, and more specifically in the COVID era. Back in the good ‘ole days, prior to the Great Recession and now COVID, lenders did what might be now described as a cursory job of underwriting the borrower. They typically asked for a simple financial...
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WHAT SHOULD YOU DO TO PROTECT YOURSELF WHILE IN FORBEARANCE?
We offer a variety of products and services, ask us how we can assist you today: Counsel Mortgage Group®, LLC 480-502-1000 www.counselmortgage.com NMLS #178927 AZ MB #0909580 CA DBO #60DBO43873 Copyright © 2020 Counsel Mortgage Group®, LLC.
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WHAT SHOULD YOU DO IF YOUR MORTGAGE STATEMENT IS INCORRECT?
If you see a discrepancy on your statement you need to contact the loan servicer. You can call them over the phone but it is a best practice to write a formal letter regarding disputed charges. Remember to use the address the server requests be used for written communications. Otherwise a response may be...
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COUNSEL MORTGAGE GROUP CLIENT REVIEWS
“Counsel Mortgage and John Rapasky is an excellent choice if you are looking for real estate finance. I have been a full time practicing real estate broker for over 15 years, licensed in Arizona and California. I have worked with more lenders than I can count. In the last transaction in which I represented the...
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OUTSTANDING CRE DEBT CONTINUES TO INCREASE, IN SPITE OF TIGHTER CREDIT STANDARDS
Today’s post is written by Michael Green, Commercial Loan Originator for Counsel Mortgage Group, LLC Credit is the lifeblood of the economy, therefore a substantial tightening in credit conditions could cut the current recovery short. The latest Senior Loan Officer Opinion Survey points to banks tightening credit across all major loan categories. But loans...
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LENDING ON CONDOMINIUMS
Did you know when you apply for a loan there are actually 2 approvals that take place? The lender reviews the file based on your credit and income, and also reviews the collateral. The collateral must be sufficient in order for a loan to be approved. When the collateral is a condominium, there is increased...