http://1760mortgageguide.com About The Mortgage Industry & Real Estate Fri, 23 Jan 2009 23:15:28 +0000 http://backend.userland.com/rss092 en Okay, I have been very bad and not doing my posts.  Many things have been happening of late and it is time to start in earnest again.  This time around I am still going to be doing Motivation Monday but Motivation Monday may fall on another day.  The mortgage business ... http://1760mortgageguide.com/2009/01/23/im-back-again/ Back to school. Seems like summer just started and it’s time, once again, to make the trip to the store for all those school supplies. Can buying school supplies actually hurt your credit? Do the kinds of items we purchase really have any affect on our credit score? Read on…. Credit ... http://1760mortgageguide.com/2008/08/28/some-lessons-we-should-all-learn/ I took a little sabbatical from the blog over the summer but I am back and publishing again. A lot is going on in the mortgage business, as usual, and I will start posting again immediately. http://1760mortgageguide.com/2008/08/26/im-back/      Just an FYI to Realtors out there.  Last week we were doing an owner occupied loan and the mortgage insurance company (other player now involved in underwriting) ran a check and found out that the borrower had another property that had mortgage insurance issued for owner occupancy.  They then ... http://1760mortgageguide.com/2008/06/19/other-players-involved-again/ When it comes to your credit score, don’t be caught by surprise! April showers may bring May flowers but those storms may not be over yet.  The key is to protect you from the possible damage that may come from an unexpected storm.  Protecting your credit is somewhat the same. Up until ... http://1760mortgageguide.com/2008/05/08/may-flowers-and-credit-scores/ It has come to our attention that some sellers who are in trouble on their mortgages and are in pre-foreclosure or foreclosure are being advised to set up a “Land Trust” to avoid having other creditors attach liens to the property.  After reviewing the documents with our attorneys, we have ... http://1760mortgageguide.com/2008/05/07/beware-of-land-trusts/ Continued from Monday February 25th. ( Remember I am going to go through the exercises from The Seven Minute Difference to develop a story of how my service is different from my competitors) Part 4 creating a unique positioning statement.      Remember this whole exercise is to help me realize how I am ... http://1760mortgageguide.com/2008/04/28/motivation-monday-18/      I have just spent the last few weeks fielding several calls that have started out with the phrase "last year I qualified for $300,000" or "last year a mortgage guy said I could get a loan for $300,000".     Well let me tell you, last year was a long time ago.       There ... http://1760mortgageguide.com/2008/04/23/starting-over/      This is a great time to be a first time home buyer.  Prices are right, FHA rates are low and down payment assistance from the Colorado Housing and Finance Authority (CHFA) is easier than ever to get.  That is why my business and the business at Universal Lending is BOOMING.        ... http://1760mortgageguide.com/2008/03/27/other-players-slowing-down-chfa-process/             It appears that we will be able to go to $362,790 on FHA loans without a price hit.  The FHA increased limit for most of the front range is now $406,250.  So, if you are over the $362,790 you will experience increased cost to get that loan.  That cost is ... http://1760mortgageguide.com/2008/03/25/fha-update/