Provadus Home Loans

With information only a keystroke away, it is easy to submit your basic information to get a "Rate Quote Request".  The trouble is you do not get a quote.  What you should expect is 5 to 10 phone calls and/or emails in the next few days.  Your information will probably be sold, nevertheless, you ...

According to Freddie Mac, the 30-year fixed-rate mortgage (FRM) had an average interest rate of 6.63 percent with an average 0.4 point compared to 6.67 percent and 0.4 point the previous week. The 15-year FRM was down 4 basis points to 6.30 percent with points unchanged at 0.4.  The five-year Tre...

The normal closing costs here in Georgia are 2%. 1% origination and 1 %  misc. fees.  Often times the closing fees quoted a borrower change before and during the actual closing - hopefuly they are lower. This is a source of major frustration for borrowers looking for greater transparency. To this...

I commonly get the question "How do you determine my income?"  When we pre-qualify you with an application, we work backwards to figure your maximum mortgage amount. You can do the same thing. The first step is to determine your monthly income. It isn't quite as easy as it sounds. Lenders only co...

I recently had a friend killed from a fire, as a former fireman in Chicago, I wanted to stat the importance of sprinklers.  The U.S. Fire Administration, a division of the Federal Emergency Management Administration (FEMA) singles out 12 communities that have either enacted residential sprinkler ...

A few things have happened in the last few days that may ultimately ease what many are calling an onrushing foreclosure train wreck.While some attempts are more meaningful and far-reaching than others, at least a couple of institutions which can do something to avert any coming catastrophe appear...

David Meerman Scott always has great advice.  I wanted to share some inforamtion in an article her recently posted regarding "How to be a Leader".  It makes a difference.An effective online content strategy, artfully executed, drives action. Organizations that use online content well have a clear...

Reverse mortgage specialist Lender Lead Solutions, Melville, N.Y., has announced the launch of its Reverse Mentoring Program, offering on-site training and additional advisory services to help mortgage brokers develop reverse mortgage operations. Broker Universe reported the announcement at the N...

Google's recent feud with eBay that saw the auction site pull its ads after the search giant launched its competing Google Checkout service, could result in other companies challenging Google's dominance, according to a report in The New York Post."It's the very first time a major advertiser has ...

Two measures of the housing market were released this week and each shows that, at best, builders are remaining cautious; at worst they are showing a bit of despair.The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for June reported that builders' confidence ...