Brett Sampson's (bsampson) Blog

If you are looking to buy a home, and want a really good deal and amazing terms on your financing you might look at Fannie Mae foreclosures.I wanted you to be aware of a special loan program Fannie Mae has created for Fannie Mae owned property.It’s called HomePath. It allows a low down payment an...

I touch on this from time to time, but it’s important so I want to revisit it…One of the most important things you will have to do when you apply for a loan is to show that you have the money for the down payment.This is called sourcing in the mortgage industry.For instance, the down payment on a...

This tip isn’t about mortgages.It’s about being more productive.Many of you use Gmail. I use Gmail. I like many things about it, but I won’t go into all the details here.One of the cool things about Gmail is that you can add things to it to make yourself more productive. Some of these things are ...

Mortgage tip: If you are about to get into the loan process to buy or refinance a house – don’t go out and buy things on credit.It sounds simple, and you would think most people would know this without being told.…but, I have a loan right now where a borrower got himself into trouble from doing j...

 With the jobs report last week being better than anticipated it’s becoming increasingly likely the Fed may hike rates in December.Rates have been low for a long time, but it won’t last forever.If you have been considering refinancing for a lower term, lower payment, to get cash out, to pay prope...

This is the time of year counties are sending their property tax bills out.There are two issues I see every year with regard to property taxes. …Issues that put people in tough spots.1) Some people just don’t have the money saved up to pay their property taxes. …They might have had the money, but...

A few of quick notes on some of our guidelines for Texas Cash Out loans…1) We can do Texas Cash Out loans down to credit scores of 620.2) We can do up to 10 acres for urban areas.3) We can do up to 20 acres for rural properties.4) 1 day off the market with a 70% LTV for properties that have been ...

Let’s say you currently have an FHA loan, and you would like to refinance it.…but, your credit is poor. You think your stuck. …That you can’t refinance.I have good news for you. …As long as you have been paying your mortgage on time you can still do a Streamline Refinance on an FHA loan. …Even wi...

I hope you had a good weekend!Every now and then I’ll buy something from Simple Truths. …Consequently they send me emails advertising their products.I wanted to pass along this short video to you from them. It’s only 2 minutes, but it’s powerful and will help you strengthen your relationships wit...

I want to give you a solution to a problem I see every day.Disputed accounts.Usually when I see someone with alot of disputed credit accounts its because a borrower has hired a company to try to “improve” their credit scores.Often they are surprised to learn when they apply for a mortgage their l...