WHY CREDIT SCORES VARY AMONGST THE VARIOUS CREDIT REPORTING COMPANIES

Credit scores are one of those things that both consumers and sometimes lenders scratch their heads and say, “How did they come up with THAT credit score?” The scores you hear about the most are FICO scores (acronym for the … Continue reading

WHO OWNS THE CLIENT

Have you ever given it a second thought? Who owns the client? A Florida mortgage loan officer may have found out the hard way that their former employer did! Consider the following: In our current climate, Lenders are recruited daily, … Continue reading

A REALTOR’S LIST OF “TO-DO’S” AFTER CLOSING ON YOUR NEW HOME

When asked “what is your advice to home buyers who have just purchased a home”, a group of Realtors came up with the following list: Change the locks Change the garage door opener codes Change the utilities into their name … Continue reading

NO YOU DON’T NEED TO REFINANCE YOUR CONVENTIONAL MORTGAGE JUST TO CANCEL YOUR MORTGAGE INSURANCE

Repeatedly I receive telephone calls from consumers looking to refinance their conventional mortgage simply to drop their expensive monthly mortgage insurance. A refinance is not necessary to accomplish this! A refinance is a costly way to accomplish something than can … Continue reading

WHAT TO DO IF YOU RECEIVE A NOTICE FROM THE IRS

Its well past any filing dates for IRS tax returns and you go to your mailbox only to find that you have a letter from the IRS. Never a good feeling, but not necessarily the end of the world either! … Continue reading