Over my 25 years as a loan officer, I have worked with a number of clients who were confident that they were ready to buy a home but ended up being surprised when I brought up issues either with their income, assets, or credit history. Sometimes these issues were relatively easy to fix and other […]
Sometimes we just need a good story – even as it pertains to mortgages and home-buying. It’s a good way to relate and find hope in our given situation.
The Young Father and the Three Lenders
Once upon a time a young father decided to apply for a mortgage so he could buy a home for his wife and baby. He provided all of the necessary documentation to get pre-approved and after a quick review, the loan officer (yours truly) gave the young father an approval. Excited about the possibilities of […]
Winning in the Multiple Offer Game
I’ve been in the mortgage business over 22 years and over that time, I’ve noticed patterns. For instance, the market always takes a pause around the holidays. Buyers typically either want to be in their new home before the holidays – especially Christmas – or they typically wait until after the new year (often times […]