Discover What The News Isn"t Telling You About The Mortgage Industry
You can't seem to escape it.
Everywhere you turn, the newspapers, the TV, the radio, it doesn't matter, everyone is saying you can't get a mortgage loan.
There is no denying the fact that getting a mortgage is more difficult now than in the past.
Many mortgage companies have serious problems.
Some have gone out of business and many more will follow.
The truth is you can still get a mortgage even if you have less than perfect credit.
The non-prime and sub-prime markets still exist and they are still making loans.
Yes, guidelines have most certainly gotten tighter.
People who could barely fog a mirror who could get loans a few months ago can not get loans today.
But, the reality here is, they never should have been able to get loans in the first place.
The Media Uses Psychological Tactics...
They Know Bad News Sells It's rare that you see or hear a media headline with good news.
The media understands that the general public is dying to know what the next big disaster is.
All this does is cause fear and panic for the average consumer.
They inflame your fear and it spreads like a virus.
Instantly traumatizing you into believing you can never get a loan.
They play a dangerous game, confusing what is already a sopping mess.
You don't have to be a victim of their scare tactics.
Don't make a horrible mistake in believing the media's mumbo-jumbo that you can't get a mortgage, because...
YES! You Can Get A Mortgage...
Even If You Have Less Than Perfect Credit! Listen up! Despite what you may have heard...
there is money earmarked for your mortgage loan, as a matter of fact, there's oceans of it! You can get the cold hard cash you want and deserve, but you need a mortgage professional who understands the current market conditions.
You want to work with a loan officer that has more than 2 or 3 years experience.
Try to find a veteran of the mortgage industry, someone who has been through at least one prior downturn.
Look to your state banking department or The National Association Of Responsible Loan Officers (NARLO).
Maybe the loan officer you originally worked with was honest, knowledgeable and is still in business.
If not make sure you ask some basic questions like: How long have you been in the mortgage business-Anything less than 5 years and look for someone else.
How long have you been with your present company-If it's less than 2 years ask how many different companies he/she has worked for.
You don't want someone how bounces around What kind of loans do you specialize in?-Most loan officers have no specialty.
If you have a credit challenge you need to work with someone who specializes in your type of credit challenge.
Whatever your situation may be, don't let the news scare you into thinking there is no mortgage available.
There is money out there it's just not as easy to find anymore.
Everywhere you turn, the newspapers, the TV, the radio, it doesn't matter, everyone is saying you can't get a mortgage loan.
There is no denying the fact that getting a mortgage is more difficult now than in the past.
Many mortgage companies have serious problems.
Some have gone out of business and many more will follow.
The truth is you can still get a mortgage even if you have less than perfect credit.
The non-prime and sub-prime markets still exist and they are still making loans.
Yes, guidelines have most certainly gotten tighter.
People who could barely fog a mirror who could get loans a few months ago can not get loans today.
But, the reality here is, they never should have been able to get loans in the first place.
The Media Uses Psychological Tactics...
They Know Bad News Sells It's rare that you see or hear a media headline with good news.
The media understands that the general public is dying to know what the next big disaster is.
All this does is cause fear and panic for the average consumer.
They inflame your fear and it spreads like a virus.
Instantly traumatizing you into believing you can never get a loan.
They play a dangerous game, confusing what is already a sopping mess.
You don't have to be a victim of their scare tactics.
Don't make a horrible mistake in believing the media's mumbo-jumbo that you can't get a mortgage, because...
YES! You Can Get A Mortgage...
Even If You Have Less Than Perfect Credit! Listen up! Despite what you may have heard...
there is money earmarked for your mortgage loan, as a matter of fact, there's oceans of it! You can get the cold hard cash you want and deserve, but you need a mortgage professional who understands the current market conditions.
You want to work with a loan officer that has more than 2 or 3 years experience.
Try to find a veteran of the mortgage industry, someone who has been through at least one prior downturn.
Look to your state banking department or The National Association Of Responsible Loan Officers (NARLO).
Maybe the loan officer you originally worked with was honest, knowledgeable and is still in business.
If not make sure you ask some basic questions like: How long have you been in the mortgage business-Anything less than 5 years and look for someone else.
How long have you been with your present company-If it's less than 2 years ask how many different companies he/she has worked for.
You don't want someone how bounces around What kind of loans do you specialize in?-Most loan officers have no specialty.
If you have a credit challenge you need to work with someone who specializes in your type of credit challenge.
Whatever your situation may be, don't let the news scare you into thinking there is no mortgage available.
There is money out there it's just not as easy to find anymore.
