Monthly Archives: May 2016

When an FHA Loan Can Be Stronger Than a Conventional Loan

Following the housing crisis and the clampdown on subprime lending, many prospective buyers found themselves wondering how they might ever afford a home. Even with a rapidly rebounding economy, those with weak credit scores and limited funds to put toward a down payment … Continue reading

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The Closing Gift: How Loan Officers Can Be Revered or Reviled

Imagine. It’s the Christmas season. The extended family is gathered in the living room. Uncle Jim hands you a sleek looking package in penguin themed wrapping paper, you eagerly tear it open, and . . . it’s a wall clock … Continue reading

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Down Again, Naturally Mortgage rates have drifted lower once again. We can’t say that we’re surprised. First, there’s weak gross domestic product (GDP) growth, with the economy growing at a 0.5% annual clip. In addition, businesses and government (mostly businesses) … Continue reading

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