I am in Irvine, California today attending the first mortgage workshop for AIME, the Association of Independent Mortgage Experts. This is a group of mortgage brokers from across the country who believe the mortgage broker provides the best value and options for the customer. There are over 600 attendees at the conference. I’ve met brokers...
Tag: mortgage
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COMMERCIAL LOAN UPDATE
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...
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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...
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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...
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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...
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10 Year Anniversary
PRESS RELEASE: Counsel Mortgage Group®, LLC, is proud to announce its 10 year anniversary as both a residential and commercial brokerage. Counsel Mortgage opened its doors during the depths of the mortgage crisis of 2007 in an effort to offer professional services at competitive rates and costs to meet the needs of homeowners facing the...