Ever since the knee jerk reaction to the crash of Oh Eight, self-employed borrowers have often been intimidated away from the mortgage application process. Despite self-employed (the “gig economy”) vocations growing as a market segment, Fear and trepidation have caused a significant 10 year drop off of self-employed applications for home loans. Dodd-Frank, the 900…
What good is it if a lender claims to have the “highest customer satisfaction ratings” if the customer service surveys they use are all obtained immediately after closing? Sure, it was so simple to close with X, Y, Z lender, so few documents! they even sent a notary to my house to show me where…
Researching who you hire was once almost entirely a “word of mouth” affair. Then came the Yellow Pages. Mix in a little TV, print media, radio, mailers, and basically, any service provider could initiate their own “word of mouth”, self-aggrandizing recommendation. Fast forward to the age of the internet. The emphasis these days is on…
This week I had a client ask me if I’d had much experience with internet lenders. A visit to a website, an email exchange, and a voice on the phone and my client had a quote on his interest rate that fell into the category of “too good to be true”. “Can I trust…
One of the Friends of the Firm, Realtor Dale Hirst, posts this today: In case you didn’t notice yesterday, the FOMC (Federal Reserve chaired by Janet Yellen) raised rates .25% yesterday and said they expected to do so again 3 times in 2017. How does that effect you? For those who are already home owners,…
What could possibly go wrong? This is really troubling to me. Don’t let these casual loan officers from west of the Mississippi fool you. They are cutting edge scholars of our society, our media, our government, and our national commerce. They normally opt for more entertainment value, but today’s video-blog on the real estate industry…
