New home construction is on the rise again this year, marking a drastic turnaround in the last few years from where we were for half a decade prior. But as more communities go up, many of my clients find themselves asking the same question: is it worth it for that new construction home? Many people […]

My Pay it Forward Promise is something I am very proud of. It is a way all of my clients get to give back to the local community here in Michigan, without paying a penny out of pocket. And while I explain the program to all of my clients up front, I find a lot […]

As we head into June, it is time to start thinking about making offers on those houses you have spent the last month looking at. And the first thing you need in order to put that offer in is a preapproval letter. This is a letter from a reputable lending company which states that, given […]

People sometimes ask me what it means that I am a mortgage banker. They think “banker” and think “guy who helps with my checking account,” but a mortgage banker is really the “guy who helps me get the best mortgage. Ever.” In all seriousness, a mortgage banker is simply someone who works for a mortgage […]

For the last month or so, I have been writing about the upcoming changes to the mortgage industry due to the Dodd-Frank legislation which was passed a few years ago. Tomorrow, the next round of changes go into effect, and they will have some pretty major consequences on a select subset of borrowers; namely, those […]

Happy New Year from me and my team. Whatever your plans tonight, please stay safe and enjoy yourself. As we look to next year, there are many great things on the horizon for the mortgage industry, especially here in Michigan. For more information on these changes, check out my blog in the new year or […]

As I mentioned last week, the Dodd-Frank regulations going into effect on January 10th will have a significant impact on both the mortgage industry and individual borrowers. Under the new regulations, there are a number of requirements to classify a mortgage as a Qualified Mortgage, and if a mortgage does not meet these stringent guidelines […]

Happy Thanksgiving from my family to yours. I hope your day is safe and enjoyable. If you should have any questions about obtaining a mortgage, please contact me.

The last few years have been great for people looking to buy homes inexpensively. And what I have seen is a lot of professional flippers and investors doing really well in the current market, while average home buyers are not fairing so well. This contrast comes largely from the appetite which investors have for foreclosures. […]

Adjustable rate mortgages, or ARMs, for short, are mortgages with interest rates that can change over time. These mortgages have an initial fixed rate for a period of time which will “adjust” at the end of that predetermined timeframe. Then, the interest rate will reset every year thereafter. These mortgage offer lower payments upfront, but […]