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Be Careful Who You Use to Get a Loan
After waiting 3 months for a loan, a local woman puts a message out on Facebook about finding a good lender. My assistant is friends with her and responded right away that she works for the “smartest lender ever in her 35 year in the business.” Ah, shucks. … This...
Can College Graduates Get a Loan?
You have to have 2 years employment to get a loan. FALSE! I was reminded of this today when a realtor asked me if their client who had just graduated from their Bachelor’s degree last June could buy a home, or if they have to wait until 2017. I told her YES, that this...
Economic News: Quiet Week Leading into the Christmas Holiday
Not much happened except the Federal Reserve Open Market Committee finally decided to raise the prime rate by 0.25% - since the markets had been guessing all year as to when this would happen, “now-howbout-now, howbout-now, howboutnow” becomes ok, ….now. Long overdue...