One of the latest “unwritten” guidelines to hit the underwriting pipeline involves the documenting of a donor’s assets prior to giving a gift to a borrower.  Up until recently, the standard gift documentation involved a few simple items: Signed Gift letter from all parties (Donor and Recipient) Verification of Deposit, Bank statement or Teller statement [...]

Your Score is too Low for $0 down financing. This is only true coming from misinformed loan officers that don’t study their industry.  If they don’t know how to structure the loan or what loan program to use, your score is too low! (At least for them to get you approved.) If it cost the [...]

Seriously, I’m a mortgage broker and I often find myself contemplating this very question. Why use me? Why would a client need to choose me? Not just me, but any broker. As I’ve pondered this question countless times I feel like I finally have a few good answers. Now keep in mind that one obvious reason [...]

Well for starters, I can tell you what they don’t have in common. Birds are not at  the  whim of the economy necessarily while rates don’t have feathers and wings. Now for what they do have in common.  Right now, birds of all kinds have started migrating from their winter havens and are heading back north [...]