"Branding"... an interesting word that has many slants and meanings to different businesses and industries. But according to www.business directory.com, it means: The process involved in creating a unique name and image for a product in the consumers' mind, mainly through advertising campaigns wi
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06/30/2017
I have written several blog posts over the past few weeks and decided it would be a good idea to create an index for easy reference:33% of Vets Don't know about Their VA HOME LOAN benefit!VA Funding Fee ChartVA Closing Costs - Who Pays What?When can Seller Concessions be used for Debt Reduction?
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06/29/2017
So, I got in the mortgage business in the late 70's (before ECOA or Fair Lending, to be honest!). In the early '80's I decided to become a loan officer (which was unheard of for a woman to be in the sales department vs. behind a desk!) I convinced my husband, Jim, to give up his CPA profession an
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06/28/2017
VA loans offer a truly unique, deal-saving option that few understand! While you may know that VA has a seller concession limit of 4% of the sales price, you might not know WHAT is included in that 4%.Sellers can pay up to 4% in sales concessions to include:Buyer's funding feePrepaid taxes and in
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06/28/2017
Have you ever wondered who is allowed (or required!) to pay what fees. Hopefully, this chart will help! Fee/Expense Borrower Seller 4% Concession 1% origination fee x x Discount Points-customary x x Discount Points-to permanently buydown interest rate x x x Escrowed Funds for temporary buyd
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06/27/2017
While searching the internet for an industry one liner for our meeting this morning, imagine my surpirse...One of the best I found was from a blog post done in 2007 by one of our own Rainers!! Ready? So you have all heard about Robin Hood's house, right? Ready???IT HAS A ... LITTLE JOHN!!
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06/27/2017
If there is one standard reason given for not considering a VA loan over other options, it's about the VA funding fee. So, "drop the mic"! It's time to crush a few misconceptions! If you are qualified, keep reading. If your are not sure, click VA lOAN OVER VIEW.First, there is no better NO DOWN.
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06/26/2017
Many states, such as Colorado, offer down payment assistance programs, or even county bond programs, such as the El Paso County Bond program. But sometimes a family member is interested in gifting you down payment money. It's important to understand the guidelines of a gift for down payment will
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06/26/2017
33% of vets aren't even aware of their VA Home Loan Benefit.* More than 21 million Veterans and Servicemembers live in the U.S. today, but only about 6 percent of them bought a home using a VA home loan in the past 5 years!***Per VAgov.com National Survey **Per Blogs VAgov.comNot everyone who s
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06/23/2017
Colorado Springs is home to five military bases throughout our city. Obviously, being a VA loan expert is imperative for success here. Not only is it important for business reasons, but serving those how served us is a key component weaved throughout out company culture. I came to Fairway Indepen
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06/22/2017