Articles

Getting a Mortgage May Be Tougher, But Still Very Realistic for Most Americans August 21, 2012
Getting a Mortgage May Be Tougher, But Still Very Realistic for Most Americans

Recently you may have heard the media say that it’s difficult or impossible to get a mortgage.  I’d like to clear up any confusion or untruths.  It may be more challenging to go through the mortgage process today, but banks are still…

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End of Summer Likely to Produce a Flux of Short Sales August 15, 2012
End of Summer Likely to Produce a Flux of Short Sales

Finance and housing specialists are anticipating the summer and fall months are likely to produce a flux of short sales. The multitude of short sales comes as more banks choose a portion of what they are owed rather than have a property go…

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Growth in Jobs Triggers Increased Mortgage Rates August 8, 2012
Growth in Jobs Triggers Increased Mortgage Rates

In 2008 and 2009, the United States economy turned, leading to a national Unemployment Rate of 10%.  During this time, mortgage rates dropped since the Non-Farm Payroll Report indicated that the economy, in the months to come, would conceivably decline. In a…

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Energy Efficient Mortgages and Rehab Loans Make Lending “Greener” March 1, 2012
Energy Efficient Mortgages and Rehab Loans Make Lending “Greener”

When you think of green businesses, the mortgage business probably isn’t the first to come to mind.  It’s more likely that a huge pile of paper comes to mind.  These days there is a disclosure, another piece of paper, for every imaginable…

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Unintended Consequences February 15, 2012
Unintended Consequences

Over the past several years we have seen the regulators scrambling to “fix” the US housing market with all sorts of plans and stimulus and new regulations. It all started in 2008 when then Fed chairman, Hank Paulson (former Goldman Sachs Chief),…

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Investment Financing for Seasoned Investors January 5, 2012
Investment Financing for Seasoned Investors

When the “credit crunch” hit back in 2006, lenders became very leary of borrowers who were highly leveraged with investment properties.  Nearly all banks instituted guidelines limiting the number of mortgage loans an individual could have on non-owner occupied properties.  They also…

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Franklin Loan Center | NMLS 237653
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, 4131316
http://www.nmlsconsumeraccess.org/entitydetails.aspx/COMPANY/237653
For questions or concerns please email info@franklinlc.com