RIDING THE RATE ROLLERCOASTER WITH ADJUSTABLE MORTGAGES I’ve watched a few clients get lured in by those low ARM rates, thinking they’d just “figure ...
I've seen this play out with a lot of clients over the years. Folks get laser-focused on bumping their score from, say, 738 to 740, thinking it’ll unl...
That’s the truth. I once had a client who spotted a “processing fee” that was almost as much as their home inspection. When we pressed, the lender sud...
Locked in My Mortgage Rate at the Perfect Time Funny thing, I once had a client who waited months hoping rates would drop just a tad more. By the tim...
Had a closing once where a single digit was off in the address—took an extra hour to fix, and everyone was just drained by the end. You’re right about...
DOCUMENT FEES AND “FREE” UPGRADES—NOT ALWAYS WHAT THEY SEEM I get where you’re coming from on the builder-grade upgrades. Sometimes “free” just means...
Went through this with a client last year, and honestly, it wasn't too bad. The appraisal was straightforward—just scheduled it, paid the fee (around ...
You're spot-on about the appraisal roulette, haha. Had a client last year whose appraisal came in suspiciously low—we were all scratching our heads. T...
That's a fair point, but I've seen situations where gradual rollouts actually prolong uncertainty. A few years back, when they phased in stricter lend...
Both points made here are solid. From what I've seen, lenders tend to balance both debt and income pretty carefully, but honestly, the specifics depen...
That's a really good point. I've seen clients tap into equity for debt consolidation, and the ones who succeeded long-term usually had clear milestone...
Your approach sounds really solid. When I refinanced my own place a few years back, I had a client who was going through something similar at the same...
I've gotta say, while guidelines are definitely strict, I've seen some surprising flexibility when lenders really want a deal to happen. Had a client ...
Haha, trust me, I've seen worse—think pink flamingo wallpaper paired with mustard yellow fixtures (true story from a client's house). Anyway, tapping ...