There is a trend in this industry back to mortgage brokerage. We are looking for loan originators. Do you desire to help people? Have you lost deals to brokers because you work in banks or mortgage banks? We broker commercial and residential loans in Arizona, and California. Counsel Mortgage Group is founded by an experienced...
Tag: #realestate
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VA-GUARANTEED MORTGAGE SOLICITATION
Veterans get solicited with mortgage refinancing offers quite a bit. Offers known as Interest Rate Reduction Refinancing Loan (“IRRRL”). Lenders like to make these loans for various reasons, one being minimal underwriting requirements. Veterans should scrutinize these advertisements to make sure the terms offered are true. Recently The Consumer Financial Protection Bureau issued a...
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RESIDENTIAL LOANS
The mortgage brokers at Counsel Mortgage Group, LLC offer a variety of residential financing products. We provide financing for purchases and refinances of homes, condominiums, townhomes and manufactured homes whether they are a primary, secondary or an investment property. If you are looking for a commercial loan, we offer that financing, too. Contact us with...
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HOW BAD IS IT … ?
Today’s post is written by Michael Green, Commercial Loan Originator for Counsel Mortgage Group, LLC. Commercial real estate (CRE) and multifamily loan originations fell almost 48% year-over-year in the second quarter, and 31% vs. Q1-20, the result of a pandemic-related temporary freeze in lending and transaction markets between mid-March through early April, according...
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CONTRACT NEGOTIATIONS: THE GOOD, THE BAD AND THE UGLY – CONTRACT LAW
Counsel Mortgage Group, LLC is co-sponsoring this course by MPH School of Real Estate on Thursday, September 3, 2020. The course will help licensees effectively draft contracts, negotiate contracts, and listing agreements. It will cover the fundamentals of buyer broker agreements and escrow settlement statements and much more. We offer a variety of products and services, ask us...
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WHAT DO LENDERS LIKE TO SEE?
Lenders like to see a debt-to-income ratio at or below 43%, but loans have been approved up to 50%. You may have heard of the term debt-to-income when applying for a loan; what does it mean? Debt-to-Income ratio is a comparison of monthly debts to monthly income, this is a major factor for...
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EXPERIENCED MORTGAGE BROKERS
Are you looking for an experienced mortgage broker? When shopping for the best mortgage broker in Arizona, California, Hawaii or Illinois you need to know the history of the company, and their mortgage brokers. At Counsel Mortgage Group, LLC, we have several highly qualified originators in VA, commercial and residential lending. We have closed thousands...
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FREE CREDIT REPORTS
Credit reports are currently free as long as you only make an inquiry weekly. Click the link to the article from the FTC regarding getting a free credit report and credit monitoring during the pandemic. You can get your report at www.annualcreditreport.com, which is authorized by all 3 credit bureaus, i.e. Experian, Transunion, and Equifax. During...
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WHO HAS MONEY TO LEND, AND HOW DO YOU GET IT? WHY BANKS ARE PUCKERED
Today’s post is written by Michael Green, Commercial Loan Originator for Counsel Mortgage Group, LLC. Commercial and multifamily mortgage bankers are expected to close $248 billion of loans backed by income-producing properties in 2020, a 59% decline from 2019’s record volume of $601 billion, the Mortgage Bankers Association (MBA) reported. Total multifamily lending alone,...
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COUNSEL MORTGAGE NAMED ONE OF THE BEST MORTGAGE BROKERS IN PHOENIX
Counsel Mortgage Group was recently nominated as one of the “Top Picks” in the Phoenix area. We are honored to have made the Expertise Best Mortgage Brokers in Phoenix 2020 list. The selection criteria were based on more than 25 variables across five categories. The publication on Expertise.com rates Counsel Mortgage Group as one of 17, out...