Archive for the 'Mortgage Broker' Category

Originating Mortgage Loans In a Declining Market

Thursday, September 18th, 2008

The mortgage industry has undergone significant changes making it difficult for loan officers and brokers to stay in business. Among these changes are intense credit tightening and the disappearance of mortgage loan products. Credit tightening has been even more severe for areas in real estate markets that are identified as \”Declining Markets\”. Below are some suggestions for successfully originating in such markets.

Buyer Beware: Banks May Cost You When Converting a Variable Rate

Tuesday, September 16th, 2008

To be sure you have access to the most current, most accurate mortgage rate information in Vancouver, BC, or anywhere else in Canada, you need the expertise of mortgage brokers like those at Averbach Mortgages. Their experienced and dedicated staff offers a full range of services and products for home buyers.

Picking Mortgage Lenders With Staying Powers

Friday, August 1st, 2008

Foreclosures and credit tightening have rocked the mortgage industry, causing some lenders to go out of business. In this critical time when it\’s harder to close the number of loans you\’re used to, having relationships with lenders that will be around tomorrow and the next day is important. But how can you tell which ones will close their doors and which ones will stem the tide? This article presents four key signs of a mortgage lender that is more likely to remain strong in these turbulent times. If you do business with lenders who meet these criteria, you\’ll be able to spend your time finding and closing loans instead of searching out new lenders.

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