As we get ready for the 2014 Christmas hoopla, lets give thought for all we have, all we love, and the "REAL" meaning of CHRISTmas!!!! I hope all of you have the best CHRISTmas ever and a Happy New Year ! Diversified Mortgage Brokers,Tel: 434-23
2015 Mortgage Rate Forecast: Many of the portfolio managers expect rates to move higher next year but not too dramatically. Keeping rates in check are: the uneven growth in the economy,declining inflation expectations, and uncertainties in the labor marke
Well. its that time of year again when USDA monies are on hold from the Federal government until they can get more alloted.That was suppossed to have happened in October but we are still waiting. For now, most Lenders will only service 640+ cred
There is quite a difference in your choice of a Bank or Mortgage Broker to represent you or your clients. Typically, the Bank will offer higher rates and limited programs that only apply to that Bank. A Mortgage Broker can offer a variety of programs and
When shopping for a Mortgage rate, the new gimmick is the option where a Lender does NOT charge for underwriting the loan (sometimes called administative fees, etc). This charge usually ranges from $700 - $1000 depending on the Lender, so can yo
Every day I get asked to prepare a pre-qual letter to satisfy a Borrower or Realtor. To my surprise, many times I am being asked for a pre-qual w/o the necessary documents to really make it legitimate. A "REAL" prequal letter, at minimum ne