Some Actual Mortgage Stuff

In no particular order:

  • I have an article in the April edition of the Scotsman Guide, one of the largest mortgage publications in the industry.
  • I do not think that the $8000 tax credit’s expiration will have very much effect.  Spring is a much larger factor in the increase in home sales.  Well, Spring and the massive decline in property values.  Markets rebound.  It’s what they do.  If prices are allowed to fall far enough, then buyers will re-enter the market.  It really is that simple.
  • My prediction about mortgage rates not exploding when the government stopped buying mortgage- backed securities proved to be right on.  I think this is the first time I’ve made a prediction like that, so I’m gratified to find that I’m not a complete idiot.

Over the past few weeks, in doing a re-evaluation of my business, I’ve come to the conclusion that there really is a “why” to what I do here, and that the business is not just something I do because I get paid.  Others have famously come to that conclusion much earlier than I, but I’m slow, what can I say.  We believe that the way we do business should reflect how we should treat each other as people: we should care more about each other than we do about the next buck, we should be more interested in the long-term health of people’s families than about a quick fix, and we should be willing to extend ourselves to do what we can to help other people be successful.

To that end, we have designed our products and our systems to make sure we are treating people with the utmost respect, that we have available not just mortgage products but avenues to other things that they might need to get themselves financially well, like credit repair, mortgage modification, inspection services, financial and tax advice, etc., and that we always act for the long-term benefit of the client, even if that makes the short run not as pleasant for us.

To do all these things, we close mortgages.  And we are damn good at it.

We’re always a work in progress, but there has been some serious progress recently.  I just noticed, and thought I’d share.

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