Well for starters, this is a Web log or a “blog”, an online journal that I use to chronicle what is happening with me, my business, family and dog, Daisy. This is not a website but a blog where the information will be constantly updated and I think it will be useful to help you along in your journey.

What will you find here? You will find helpful articles, money saving tips, things to watch out for, and yes some mortgage tools.  Please explore this site and feel free to contact me with your questions and leave comments about what you’ve seen.

1. I believe that my niche is for people who are new or unfamiliar to the home buying experience.  This could mean someone who is buying their first home or someone who hasn’t bought a home in a while and is a little rusty on the ins and outs of borrowing the money necessary.  Last week I worked with someone buying their first home and someone who hadn’t bought a home since the mid 70’s…both equally stressed borrowers that I had to develop a high level of trust with very early on.

2. I go the extra mile to help people get into the best buying situation.  Many clients that I have are not able to buy a home right away and I will help them with credit repair or refer them to someone if they need major assistance.  My business is based on referrals and I receive a lot of referrals from people that I’ve been helping for months and I haven’t even closed a loan for them yet.  I received a referral last week from someone that I’ve been working with for 4 months.  Thank you; you know who you are.

3.  I can’t compete with lyers and people who don’t do their homework.  As you know there is no shortage of lenders and the market is extremely competitive.  I have lost at least 2 loans this year to other lenders who flat out lied to clients or have grossly underestimated their closing costs to make their “deal” look sweeter.  My  industry is plagued with people who will do anything to get people to sign up and then when it comes to the closing table what was promised and what was delivered were two totally different things.  I have a “no surprise” conversation with my borrowers multiple times.  I am a man of integrity who has 3 and now coming a 4th child that look up to me and I have to look them in the eye when I come home in the evening knowing that I’ve told the truth and that I’ve given 110% to my borrowers. 

You are entitled to one free credit report per year by Federal Law.  Go to www.annualcreditreport.com and be advised as to what is reported on your credit.  If you want your actual score you will be required to pay an additonal fee, usually minimal. 

There is 100% financing available in many areas of North Carolina that has great rates, no mortgage insurance, and is not necessarily credit score score driven.  Contact me for More information to see if the house you are interested in qualifies for this special program. 

Here are some Frequently Asked Questions so you can familiarize yourself with the program: 

Question:  Do you have to be a first time home buyer?  Answer:  No, anyone can qualify as long as their income is under the maximum allowed for that particular county. 

Question:  Is there money available for these loans only certain times if the year? In other words does funding run out in the middle of the year and the borrower has to wait until the next year?  Answer: No, there is plenty of funding available and a there was an enormous surplus at the end of 2007.

Question:  What are the fees involved?  Answer:  There is a one time Government Guarantee Fee 2% of the sales price of the home which can be financed into the loan and the borrower does not have to  pay that out of pocket.  This is a one time fee instead of monthly mortgage insurance that can save the borrower thousands of dollars over the life of the loan.

Question:  What if someone wants to put 5%, 10% or more down on the house?  Answer: This program only allows a borrower to pay for the 2% upfront Guarantee Fee (see above).  If someone absolutely wants to put down more than 2% then we have other programs for that as well. 

Question:  How do I know if a borrower and a particular house qualifies for this 100% program?  Answer:  That’s my job to keep up with these income limits and areas of the State that qualify.  You can call me or email me to see this program would work for your buyer. 

Are you tired of receiving junk credit card offers in the mail?  It’s annoying, not to mention a waste of resources.  Many people are unaware that the 3 credit reporting agencies sell their personal information to these junk credit card companies.  You have the right to opt out of these offers.  Go to www.optoutprescreen.com and you can  opt out for 5 years or life.  It’s a legitimate website and your information is encripted for security purposes.  It’s easy and it works; I can vouch for that.  Tell your friends about it.