New! The First Do-it-yourself, Predatory - Lending - Proof Internet Mortgage

Remember when the only way to buy stocks was through a full-service broker? Even if you already knew which stocks and how many shares you would want to buy, you would still need to pay the broker’s hefty commission fee. You may not have needed or even wanted his or her advice, but you had no choice but to pay the full fare anyway.

The Internet changed all of that. You can now do your own investing without having to worry which particular stock the broker is attempting to push that day. He or she may have had little regard for you and your needs, but primarily had the need to fatten his or her own wallet.

Jumbo Mortgages Still Available?

It’s another day in the mortgage world. Yes, I’m still here. I haven’t left the business although alot of my colleagues have. There are still mortgages available it’s just the variety is not as good as it once was. There are still Jumbo mortgages out there but can you qualify for them? A jumbo loan is a loan over $417,000. It is not backed by Fannie Mae or Freddie Mac.

Solving The Mortgage Puzzle

Something struck me yesterday after I got asked the question that all of us have been asked before, “What exactly does a Mortgage Broker or Loan Officer do?”

Most Mortgage folks say things like,

“I do mortgages”; “I sell money”; “I help people get their dream house.”

But my thought process, because I’m always looking at things in a different way so I can write about them, is such that I wanted to go deeper than these answers and get to the actual base of what we as Mortgage people do.

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