Mortgage Industry Insights
Recent News and Events
Success Through the Temporary Buydown!
Mortgage interest rates are on the upswing; there’s no contesting that. Higher rates automatically associate with higher payments and higher payments result in fewer qualified [...]
How To … Effectively Explain the Difference Between the Note Rate and the APR!
One of the loan originator’s most frequent challenges is adequately explaining the difference between the mortgage loan’s actual interest rate and the Annual Percentage Rate [...]
How To … Calculate LTV, CLTV, and TLTV!
When you think about it, the logic is pretty simple! The more “skin in the game,” the less likely that a borrower will default on [...]
How To … Calculate Debt-to-Income Ratios!
Long gone are the days of the “liar loans” through which a mortgage applicant would simply state their income and the lender would accept [...]
It’s Really Not That Bad!
If I’ve taken anything away from my 26-year mortgage industry career, it’s that the market will always fluctuate. There are highs and there are lows [...]
New to the Mortgage Industry? No Problem!
You completed your 20-hour pre-licensing and state-specific education requirements. You studied hard and passed the NMLS exam. And now it’s time to hit the streets [...]
Recent News & Events
Success Through the Temporary Buydown!
Mortgage interest rates are on the upswing; there’s no contesting that. Higher rates automatically associate with higher payments and higher payments result in fewer qualified [...]
How To … Effectively Explain the Difference Between the Note Rate and the APR!
One of the loan originator’s most frequent challenges is adequately explaining the difference between the mortgage loan’s actual interest rate and the Annual Percentage Rate [...]
How To … Calculate LTV, CLTV, and TLTV!
When you think about it, the logic is pretty simple! The more “skin in the game,” the less likely that a borrower will default on [...]
How To … Calculate Debt-to-Income Ratios!
Long gone are the days of the “liar loans” through which a mortgage applicant would simply state their income and the lender would accept [...]
It’s Really Not That Bad!
If I’ve taken anything away from my 26-year mortgage industry career, it’s that the market will always fluctuate. There are highs and there are lows [...]
New to the Mortgage Industry? No Problem!
You completed your 20-hour pre-licensing and state-specific education requirements. You studied hard and passed the NMLS exam. And now it’s time to hit the streets [...]
