Neil Coleman Mortgage Matters

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Mortgage and Lending - First Midwest Bank - Conventional / VA / Jumbo / FHA/ USDA - 143306
RECENT BLOG POSTS
Water is the planet’s most precious resource. Access to clean water is a privilege that, unfortunately, many people still take for granted. By utilizing new water efficiency technologies and age-old conservation methods, we can help preserve the water supply for future generations. Cutting down o...
04/12/2014
Water is the planet’s most precious resource. Access to clean water is a privilege that, unfortunately, many people still take for granted. By utilizing new water efficiency technologies and age-old conservation methods, we can help preserve the water supply for future generations. Cutting down o...
04/12/2014
Corporate earnings season is in bloom with two banking giants reporting their numbers Friday. Wells Fargo reported earnings per share of $1.05 versus the 97 cents expected fueled by lower loan losses and declining expenses. The nation's largest bank, JPMorgan, reported that per share earnings cam...
04/12/2014
With this week's move higher we can see that the 4% coupon is nearing levels hit only twice this year. We will continue to float, but very cautiously. Rate sheets are favorable, be careful for today's view doesn't give us any clear signs. Seeing this formation after an uptrend doesn't mean you ca...
04/12/2014
The labor markets continue to improve as the sector rebounds from the harsh winter weather. The Labor Department reported Thursday that weekly initial jobless claims declined by 32,000 in the latest week to 300,000, near a seven-year low. Claims are now down 14% compared to a year ago, and down 2...
04/10/2014
When you’re looking for ways to supplement your retirement income, there are a number of different options to consider. A reverse mortgage is becoming a more popular and more common way to supplement your income. But with all the information out there, how do you know what happens in a reverse mo...
04/10/2014
The Mortgage Bankers Association (MBA) reported Wednesday that its Market Composite Index, a measure of total loan application volume, fell by 1.6% in the latest week for its 4th straight weekly decline. The refinance index fell 5% and is at its lowest level since the end of 2013. In addition, th...
04/09/2014
1) Do I Have Enough Equity To Get A Mortgage? Equity is the difference between what your home is currently worth and what you owe on it.  A Home worth $250,000 and you have a mortgage for $225,000 means you have $25,000 in equity.  It also means that will need a loan for approx. 90% LTV (loan to ...
04/09/2014
The National Federation of Independent Business (NFIB) reported Tuesday that its small business optimism index rose 2 points to 93.4. The gains reversed the declines seen in February, but has failed to breach the 95 level that has capped the Index during the economic recovery. 6 of the components...
04/08/2014
Paying your income taxes each year leave your wallet a bit thin? There may be money hiding in your home that lessens your tax burden. Here are four places to look: 1. Home-Office Deduction If you work from home, you could qualify for a home-office deduction. Taking the deduction can be a bit comp...
04/08/2014
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Neil JColeman

"Best Loan Officer" Illinois Mortgage Banker Assoc
local_phone(708) 975-8884
smartphone(708) 975-8884
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