by Dan the Man for Mortgages | Aug 23, 2023
Kickbacks in mortgage lending and real estate occur too often. You may not see it directly in your loan, but many Loan Officers are giving or paying for borrower introductions which COST YOU MONEY. Why can there be as much as 1.50% difference in rate quotes between...
by Dan the Man for Mortgages | May 3, 2022
Looking to close a home loan and purchase in 14 days or lose your big money deposit? Problem: Too many lenders over-promise and under-deliver. Maybe the online Loan Officer didn’t know the loan program details, or didn’t realize you were self-employed or many other...
by Dan the Man for Mortgages | Feb 8, 2022
Buyer/borrower beware!! Some mortgage brokers and lenders charge higher rates & fees. Problem: This week, a mortgage investor announced it is “increasing its Max Comp from $20,000 to $35,000.” What does that mean for YOU? The lenders selling the loan to this...
by Dan the Man for Mortgages | Jun 16, 2021
Want to hear a great success story? Kita applied for a mortgage at a big bank, WF, in January. They processed her loan for 3 months. Two days prior to the closing date, they declined the loan. WHAT??!! This should never happen, but it does too often, because the Loan...
by Dan the Man for Mortgages | Oct 7, 2020
I met a mortgage Loan Officer this weekend who said he can’t provide jumbo loans. That is very unfortunate for him and borrowers. Solution: I offer all types of loan programs, including a 10% down payment on a jumbo loan that is fantastic for ALL BORROWERS. The BEST...
