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Traditionally, we think of the homeowner path as upsizing. When we are young, we buy a small starter home to fit our needs and income. Later, our needs change as our family unit grows, and we move into a larger home to fit our needs. There are times in our lives, however, when smaller spaces … Continue reading Knowing When to Downsize


Pretend for a moment that you owned the bank that was being asked to give somebody a mortgage loan. Chances are you’d want to know a good deal of information on the borrower before you approved their loan. So does your mortgage lender. Let’s take a look at 15 of the most common questions you … Continue reading 15 Questions Your Mortgage Lender Will Ask


FHA to Help Borrowers Keep Their Homes

Borrowers who have a high LTV (loan-to-value ratio) got some good news recently as the Federal Housing Finance Agency announced its intention to extend the Home Affordable Refinance Program (HARP) into 2017. In addition, the Agency introduced a new refinance program designed to take the place of HARP when it expires. The programs are for … Continue reading FHA to Help Borrowers Keep Their Homes


It’s taken awhile, but reverse mortgages are gradually gaining mainstream financial respect. Once looked at as loans of last resort, financial advisors are warming up to the idea of recommending reverse mortgages to some of their clients. Fueled in part by strengthened consumer protection measures and an ever-aging population increasingly ill-prepared for retirement, reverse mortgages … Continue reading Reverse Mortgages Gaining Respect as Potential Financial Planning Tool


Time For Final Decisions!

Critical Path…Stage Three… Next 60 – 120 days What’s been done to date? 1)      You’ve chosen a neighborhood, properly zoned, started working with or identifying third party professionals, the stakeholders who will make the dream come true 2)      Completed some preliminary financial analysis, estimated project cost, our ability to repay, remember in the … Continue reading Time For Final Decisions!


Giving Thanks Is Good For Your Health

Did you know that medical research has shown that giving thanks, or having a “thankful” attitude decreases the risk of heart attack and also provides many other health benefits?  Being thankful first starts with an understanding of how truly fortunate we are.  While many individuals in the world live with next to nothing, we live in … Continue reading Giving Thanks Is Good For Your Health


POLITICS…FINANCE, HEALTHCARE, ELECTIONS…VOICES OF REASON

Politics, what the heck does it have to do with Finance, Healthcare, and Elections? The Mortgage Meister believes Politics, Sound Bites, Talking Points,someone constantly on the stump, politicking, telling all of us, do what I say rather than what I do…what is it you actually do, what are you saying, who is the voice of … Continue reading POLITICS…FINANCE, HEALTHCARE, ELECTIONS…VOICES OF REASON


Mortgage & Loan Calculators

A mortgage is a type of loan secured by the collateral of property (With a residential mortgage your house is the collateral). It is your responsibility to pay back the borrowed amount of money with a set of monthly payments determined in your closing statement. If you are not capable of paying back the borrowed … Continue reading Mortgage & Loan Calculators


DIY Credit Repair Tips and Letters

When it comes to credit repair and credit restoration, the FTC says “self help is the best help”. There are numerous companies online that claim to be able to help you repair your credit and raise your credit score. Unfortunately only a handful of the hundreds of companies making these claims are honest and can … Continue reading DIY Credit Repair Tips and Letters


Short Sale Vs. Foreclosed Home Buying Tips

If you will be in the market to buy a home any time soon, I’m sure you’ve heard or read a lot about “short sales” and “foreclosed” homes that are for sale these days. If you think you might consider buying a home that is advertised that way, I wanted to share with you the … Continue reading Short Sale Vs. Foreclosed Home Buying Tips


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