It is my personal opinion that comparing an APR is not a fair way to compare rates between lenders. Now, I know that the APR was originally constructed to be able to compare one rate that would consist of all of the costs for the transaction between lenders, but unfortunately, there is more to it than that. The short video below goes over some of … [Read more...]
30 Day Loans
I’m often asked how quickly I can close a loan. Right now the market is so competitive that in order for a buyer to get their offer accepted, they have to somehow sweeten the deal. What better way to sweeten the deal but to pay the seller as quickly as possible? It is important to note though, that a transaction has its organic flow to it, so no … [Read more...]
What is Escrow?
Buying or selling a home (or other piece of real property) usually involves the transfer of large sums of money. It is imperative that the transfer of these funds and related documents from one party to another be handled in a neutral, secure and knowledgeable manner. For the protection of buyer, seller and lender, the escrow process was … [Read more...]