Articles

New Consumer Protections on Reverse Mortgages Detailed by the FHA May 26, 2016
New Consumer Protections on Reverse Mortgages Detailed by the FHA

According to a recent article last week by Brian Collins, the Department of Housing and Urban Development has issued a proposal which will codify recent changes to its reverse mortgage program and will provide additional protections for seniors, including a cop on…

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4 Things that Could Make Your Deal Implode! May 19, 2016
4 Things that Could Make Your Deal Implode!

We all know how challenging it can be to get a well qualified buyer, find them a property, submit that perfect offer, get it accepted, and get your deal into escrow.  So once you traveled down that long dark road, you want…

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Having that College Degree is an Advantage when it comes to Owning a Home May 12, 2016
Having that College Degree is an Advantage when it comes to Owning a Home

A recent article in the National Mortgage News by Jacob Passy brings to light how being well-educated today has never been more vital when it comes to being a homeowner. According to Passy, First American Financial Corp issued a report citing the…

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A Common Credit Roadblock to Home Financing May 5, 2016
A Common Credit Roadblock to Home Financing

I think we all understand that credit and credit ratings are important.  Unfortunately, sometimes we all make financial decisions that might seem like a good idea initially, only to find out later that it lowered our credit score.  If you are looking…

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How are Lenders Performing with TRID? April 28, 2016
How are Lenders Performing with TRID?

A recent survey conducted by TD Bank’s Mortgage Service Index polled over 1,300 American homeowners over the past ten years who took out a home mortgage and found that even with the new TRID rule, home buyers reported a positive mortgage experience….

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Attn Realtors:  Staged Homes Sell 73% Faster April 21, 2016
Attn Realtors: Staged Homes Sell 73% Faster

When you are trying to facilitate offers on a listing and the sellers are eager and anxious to get their home into escrow, you might want to consider “staging” the home. A recent study indicated that staged homes actually sell 73% faster…

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Franklin Loan Center | NMLS 237653
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