More Industry Changes

In today's episode we discuss attempts by some states to regulate the mortgage industry by not allowing lenders to offer stated income or no document loans. Is this a good idea? Click the title to hear more. And for more mortgage information feel free to call in at our new number at 1-877-412-8730. You can also Click Here to contact us if you are looking for loan information.

Option Arm Loans and Prepayment Penalties

Today marks exactly one year since we started this podcast. Interestingly enough, this episode was inspired by a caller who had a prepayment penalty on an Option Arm Loan and told me she was counting down to the anniversary date of her loan so she could avoid a prepay. However, as it turned out we carefully reviewed her program and figured out a way to save money and pay the penalty. In today's episode we talk about Option Arms and look into scenarios where it's worth it to refinance during the penalty phase. Please click the title to hear the episode.

We have just moved our audio files to ClickCaster, after we kept them at Streamload/MediaMax which was extremely unreliable. Now thanks to Clickcaster, all files will be there when you want to hear them! For more information on Option Arms and any other mortgage questions, feel free to call in at our new number at 1-877-412-8730. You can also Click Here to contact us if you are looking for loan information.

Recent Interest Rate Changes

In a prior episode of this podcast, we discussed how people often become too fixated on the rate instead of the payment. In today's episode we talk about recent interest rate changes and how despite the higher rates, you can still save money when you refinance. Click the title to hear the episode. Feel free to call in with your questions at our new number at 1-877-412-8730. You can also Click Here to contact us if you are looking for loan information.

Important Information About Condominiums

In today's episode we talk about new developments involving the stricter mortgage requirements and how they affect people who are buying or refinancing a condo. Click play to hear the episode, and feel free to call in with any questions you may have regarding this or any other episode at our new number at 1-877-412-8730. You can also Click Here to contact us if you are looking for a loan.

Mortgage News Stories and How to Avoid Being One of Them

As you may have noticed, there have been a lot of stories in the news recently about consumer complaints regarding mortgage loans. Today we discuss steps you can take to make sure that your loan proceeds smoothly. To hear the podcast, click the title. If that doesn't work due to technical difficulties, feel free to click the title in the blue box on the right. For more information, feel free to call in at our new number at 1-877-412-8730.

Mortgage Industry Changes

By now you have probably heard on the news that mortgage lenders are changing a lot of loan programs. The loan program that will be most affected is the subprime loan - the loan offered to people who do not have good credit. Today we discuss subprime loans, and we take a look at another type of program that also could be facing changes soon - The Stated Loan. Click the title to hear the podcast; for more information feel free to call in at our new number at 1-877-412-8730.

HUDs

Everybody likes a surprise every once in awhile, but from the standpoint of a mortgage professional, you never want to see a surprise on the Housing and Urban Development Report. That report, better known as the HUD, is filed with the government after every mortgage transaction and lists all of the fees charged for either a purchase or refinance. In today's episode we discuss recent news items concerning lawsuits that were filed after "HUD surprises". To hear the episode, click the title and for more information, please feel free to call in at our new number at 1-877-412-8730.

Debt Consolidation Loan Programs

Now that the post holiday credit card bills are starting to arrive in the mail, a lot of people are thinking about rolling their credit card debt into their mortgage. Is it a good idea? Today we discuss how these loans can save you money, and also help you on your taxes. Just click the title to hear the episode. For more information, feel free to call us toll free at 877-412-8730.