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I TOLD YOU SO

DID I NOT TELL YOU that  rates were on the way up? DID I NOT TELL YOU that there were more ready Buyers than available inventory (especially for home prices under $200,000)?  DID I NOT TELL YOU that as usual, as we approached spring, rates would rise due to supply and demand? Now here we are. So many looking for so little out there and with rates on the rise. You must act accordingly: 1) Get a qualified Mortgage Broker to help you be pre-qualified.Get a User Friendly Realtor that is proactive to help you with new listings that come on the market. 3) Go look immediately...

March 23rd, 2018 I TOLD YOU SO

PREPARING FOR A HOME PURCHASE

Preparing for a home purchase is important, even if you have had experience with home purchases in the past. The laws and regulations have changed and the Dodd Frank Act made sweeping changes to the industry, so what used to be is not the same today. How an interest rate is determined, how a Mortgage Broker is paid, the rules on getting an appraisal done, the required mortgage loan paperwork and deadlines in getting this paperwork to the Lender, are just a few of the numerous changes involved with getting a mortgage loan. I recommend to everyone that you come in and get a 30-60 minut...

February 16th, 2018 PREPARING FOR A HOME PURCHASE

Get Ready To Purchase Your Home NOW

Get ready to purchase your home NOW! Interest rates are on the way up and for each .25% added to the rate for a $100,000 loan equates to about $14/ mo. more in payment for a 30 year loan. Typically as we get closer to Spring, rates will increase due to supply and demand, not to mention the rise in rates due to a booming economy. We are in a Seller's market, as the inventory of homes is very low, especially for the $175,000 and below price range.If a home is listed and is in good shape, it seems to be scarfed up very quickly. A potential Buyer must be ready and willing to act or they w...

February 2nd, 2018 Get Ready To Purchase Your Home NOW

REALTORS 2018 LENDING GUIDE

MORE LOAN PROGRAMS = MORE BORROWERS APPROVED = MORE HOME SALES                        What IF you had a Mortgage Broker available that offered: 30 years experience, Conventional, FHA, USDA, Va loan programs, the best rates, fixed and adjustable programs, 24/7 availability, free/quick pre-quals,on line applications,no up front fees, lowest broker compensation = better rates for Purchaser, quick loan processing and closings,constant communication with Realtors and Borrowers thru out the loan process, straight talk w/o hype = loans close...

January 8th, 2018 REALTORS 2018 LENDING GUIDE

REALTORS 2018 LENDING GUIDE

MORE LOAN PROGRAMS = MORE BORROWERS APPROVED = MORE HOME SALES                        What IF you had a Mortgage Broker available that offered: 30 years experience, Conventional, FHA, USDA, Va loan programs, the best rates, fixed and adjustable programs, 24/7 availability, free/quick pre-quals,on line applications,no up front fees, lowest broker compensation = better rates for Purchaser, quick loan processing and closings,constant communication with Realtors and Borrowers thru out the loan process, straight talk w/o hype = loans close...

January 8th, 2018 REALTORS 2018 LENDING GUIDE

12 Steps To Insure The Best Home Purchase And Mortgage

After 30 years of seeing the same concerns with home purchase and mortgages, I will point out some of the most important steps to insure a positive experience: 1) Do your homework and shop and interview your Realtor--look for experience, positive reviews, and how comfortable the fit, especially before signing a Buyer's Agreement; 2) Understand what their duties are for you and how they get paid; 3) Shop and interview your Mortgage Broker/Lender. Do not get steered to just one W/O shopping -- look for experience and reviews; 4) Understand what their duties are to you and how they get paid (...

September 22nd, 2017 12 Steps To Insure The Best Home Purchase And Mortgage

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Diversified Mortgage Brokers

100 Copley Place, Suite D, Lynchburg, Virginia 24502
Toll Free: 800-388-3561 | Phone: 434-237-3143 | Fax: 434-239-4852
Email: dbi4009@aol.com | NMLS ID# 188675 (www.nmlsconsumeraccess.com)
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