The Friendly Neighborhood Mortgage Guy's Blog

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Mortgage and Lending - Qivana - NMLS # 17358
Thoughts and ideas surrounding real estate financing, FSBO Advertising and Networking to increase referral business.
  Mortgage rates have been steadily climbing, from a low of 4.5% around November 27, 2009 to above 5% on December 22, 2009.  For the past two months I've been warning that this will eventually happen. It's not because the economy is recovering; it isn't recovering.  The reason mortgage rates will...
  What A Year! We are one week away from the end of an extraordinary year. The financial crisis peaked during the fourth quarter of 2008 and the economic consequences were absolutely devastating. For one, we are digging out from a long and deep recession. Witness the fact that the economy lost 2....
Wow! I was asked to exhibit at a Holiday Bazaar last Friday....I can't believe the date of the event is today!!! This is the time of year when people slow down and lose focus. I'll be working as much as I can while maintaining a family balance. After all, we all know the difference between good a...
The Mortgage Group Ltd. is comprised of the area's most knowledgeable and caring mortgage professionals.  We have helped thousands of families in New England realize their dream of home ownership.  Since our inception in 2004, we have arranged $1,089,937,912.00 in mortgage loans while serving 5,1...
Mortgage rates inch upward By Chris Kissell • Mortgage rates barely moved in Bankrate's weekly survey. The benchmark 30-year, fixed-rate mortgage edged up 1 basis point, to 5.53 percent, according to the's national survey of lar...
      Inc. Magazine names The Mortgage Group Ltd. to their 2009 Top 5000 list   Fall River, MA—August 17, 2009--While many Massachusetts mortgage companies are closing their doors, The Mortgage Group Ltd. is growing at a pace recognized as extraordinary by Inc. Magazine. The company achieved the ...
GOOD news for FHA! FHA Won't Implement HVCC The Federal Housing Administration has no plans to implement the Home Valuation Code of Conduct, Commissioner David Stevens told a delegation from the National Association of Mortgage Brokers. NAMB's FHA chairman John Councilman, who attended the meeti...
I was still able to close a conventional loan, from P&S execution, to the closing table in 18 calendar days!!! The true pros are creating teams and relationships that  can make things happen! Join me in my 10th year as a Mortgage Originator. I'd love to earn your business as a client or referral ...
All in the name of protecting the borrower...   Apparently HVCC is a means for Appraisal Management Companies (A.M.C.'s) to gouge my valued clients. We are doing mostly FHA purchase and streamline refis at this time, so I hadn't yet had the occasion to experience the HVCC appraisal ordering proce...
Its official-There's barely enough time to honor all the requests! Do you have a FHA loan?A credit score of 620 or better?No mortgage lates in the last 12 months?Are you employed? If so, great! There is no appraisal required and no closing costs. How's that sound? Call or email for a rate quote a...

Sean Wheelan

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Thoughts and ideas surrounding real estate financing, FSBO Advertising and Networking to increase referral business.