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Description of the Mortgage Pro Week in Review :

top mortgage blogs

What is the Mortgage Pro Week in Review, for those that are new to Active Rainor those that haven't come across these in past weeks?  It's 1 member from AR that volunteers their time to pick any mortgage related blog in a course of a specified week. And these posts don't have to always be written by loan officers. A good one written by a realtor, a title person, an appraiser, etc, etc.....they are always welcomed. Times are changing and we all need to stick together.

Basically, we are trying to pick the best out there. This weeks review is most of August for a few reasons. It's been increasingly difficult to get help in writing these reviews. But with so many new members, I hope that changes. Another reason was that my hard drive crashed and I lost a few of the vvolunteers names. And being busy hasn't helped to stay on top of that.

If you would like to volunteer, please read the bottom part.  Thank you in advance.  

 

 

Karen George

For many of you that might not know of her or who she was, this Weeks Mortgage Review is dedicated to Karen George.   For those that didn't know, Karen was fighting breast cancer.  Please read : Karen George, Rest In Peace  &  Karen George - Goodbye to an Angel

Karen was not only a loan officer here on Active Rain, but wrote many good posts on SEO and other blogging ideas. My thoughts and prayers go out to Karen and her family.

 

 

 

Onto the Mortgage Pro Week in Review...  This one is a little long, because it covers 3 weeks of mortgage related blogs.... and many are about some major changes taking place now, in today's market, that we need to be aware of.  And today's review is jammed packed with some very good loan officers.

 

Understanding mortgages & the beginning stages :  From credit to pre-qualified consumers !!!!

Ron Withers

So Daddy......What Is It That You Do For A Living??     by Ron Withers  Is a home a privelage or a right?  Very debateable in my opinion.

Jason Sardi

It's Free, It's Fun, It's Your Credit Report?   by Jason Sardi   Any easy breakdown of what needs to be look at when it comes to your credit.

Julie Hite

Are you being marketed to by loan officers to Repair Credit for Clients? Watch Out!!    by Julie Hite     Something very important to be aware off.....

Scott Parsons

Fix your credit without paying judgments or collections     by Scott Parsons   This is extremely important. Many loan officers don't know this........

 

 

                   You Understand what you need :  now go speak to a lender then to a realtor !!!

Kim Murphy

I dont need a Realtor or your referral....   by Kim Murphy      This is great for the average consumer to understand that it is good to have a realtor help you sell your home or to help you buy your home. And this is coming from a loan officer.

Jason Crouch

No Excuses - Why You MUST Get Pre-Approved with a Mortgage Professional!   by Jason Crouch   From a realtors point of view.

Jeremy Blanton

If your Butt isn't pre-approved, you ain't getting in my car!   by Jeremy Blanton From a realtor. I partially agree with, but what about relationships?

Robert Rauf

What is the Difference between a Pre-Approval and a Pre-Qualification?     by Robert Rauf   This is a must read, because as you see with the two previous posts, I don't think many understand the true distinction between the two.

Jeff BelongerPlease hold the Ketchup & the Mustard.... just give me my rate!!!!   by Jeff Belonger       What to look for when shopping for a mortgage.  What do you consider to be the best price?  The lowest rate?  Think again and read this.

 

 

Applying for a mortgage : You are applying or applied, what the loan officer deals with.

Jason Sardi

Want your Mortgage Loan to close fast, here's a few tips.   by Jason Sardi   - Good Tips -

AJ NisenFront-End Ratios, Back-End Ratios, What are They?    by AJ Nisen    Did you feel like your loan officer was speaking Chinese on your income to qualify?

Mike JonesWhy Mortgage Rates Won't/Can't Go Down: Huge GSEs Are Trying to Unload Debt   by Mike Jones    Some very good insight for bother consumer & loan officers.

Jeff Belonger

FHA loans & FHA mortgages -- The basic concept of mortgages   by Jeff Belonger   Some good understanding on what might be better for you, even though your loan officer might tell you differently.  Some good dialog.

 

 

 The RED TAPE Section aka the gov't :  Info about mortgages tend to be boring, but this is important.

 Paul Dunn

The Housing Bill and A NEW Short Refinance Option    by Paul Dunn     Paul is new and brings new life to FHA.  Here is a must read that will be mentioned a few timses in this review.

Joe MetzlerNew Foreclosure Rescue Law - real help or just fantasy?   by Joseph Metzler   Some of what Paul mentions,    

 Mike Mueller

When it comes to HR 3221...     by Mike Mueller   An excellent explanation on the new bill that talks about so much.

Lenn Harley

HUD IS INCAPABLE OF PROTECTING THE CONSUMER WITH RESPA REFORM   by Lenn Harley  A realtor who speaks hard core! Who is RESPA truly protecting?

Lewis Portez

FHA Loans & FHA Mortgages -- Legislation Update -- August of 2008   by Lewis Poretz   Okay, so it's a re-blog. Lewis gave me a nice compliment, so I am paying him back.  Besides, I have spoken to Lewis and he knows his stuff & is passionate as myself. Read him.  Zillow & Trulia ratings..... enough is enough

 

 

Types of Mortgages :  Mortgage programs that you might not know about. 

Lewis Corcoran

Funds Available for Handyman Specials and Fixer-Uppers!   by Lewis Corcoran   The 203-k loan and in this case, the streamline 203-k.

Jeff Belonger

FHA Loans & Energy Efficient Mortgages -- A Huge Savings !!!!!   by Jeff Belonger    With gases prices, food, and expenses overall, how about reducing your energy costs and building the cost of it into your mortgage.

Richard Smith

GREEN Bill - Green Resources for Energy Efficient Neighborhoods   by Richard Smith    A new bill that is passed in regards to energy efficient items.

Greg ZaccagniWhat's the advantage of VA over FHA loans?   by Greg Zaccagni   Greg gives some very good information about VA mortgages

Ron WithersHomebuyers: FHA Now Allows You to Have Your Cake......And Eat it TOO!   by Ron Withers    More specific information about 203-k loans and streamlines.

Hawaii VA Loan Amount Increase (AUG 2008) by 1SG (Ret) David Kucic  by David Kucic (no picture) Even thought this is just for Hawaii, it has some good info in it. 

Fred Chamberlin

Rural Loan Programs for Lane County, 100% financing available   by Fred Chamberlin   Even though this is specific for a county in Oregon, this program is available in all states, but not all counties. I will be writing more about this in the coming week. So check with your loan officer that you trust.

 

 

Today's Market :  Are we headed for harder times?  I am always positive, but read these !!!

Diego Hodge

NEW BILL TO SAVE DPA!      by Diego Hodge    There is a link to vote on saving this program.

Jeff & Grace Safrin

Are you kidding me ? No More Down Payment Assistance Programs - You need to read this and ACT!  by Jeff & Grace Safrin    From a realtor who knows what the importance of this program means to real estate.

Gerry Suarez Jr

We are at a crossroad with DPA- an open letter     by Gerry Suarez Jr    Just another opinion about down payment assistance programs.

 Ken Cook

Crucial Information About FHA and Down Payment Assistance    by Ken Cook    This has to be one of my all time favorites. You want to talk about someone giving away some secrets?  Well Ken, you did it... and this is how I get business over others. Thanks, but great job.

Dave Woodson

 

Bravo - Finally - Now, lets hope it passes    by Dave Woodson    An excellent post about how to support the DPA's with who to contact.

 

 

ETHICS :  Do they exist?   A peak behind the scenes from a loan officer and a realtor..

Bill Ladewig

The Real Deal About FHA Loan Commissions      by Bill Ladewig   What a must read !!! This post eliminates those rumors.....

Bryant Tutas

Ethics Is As Ethics Does!     by Bryant Tutas    From a realtor and how they can be attacked or accused of.

        

 

Scott Geary

 

And to end on a positive note. A good, warm, fuzzy feely kind of post.   Your Pennsylvania Mortgage Professional. Why you ask?   by Scott Geary   It feels good to read someone else that loves what they do and are passionate about it.

 

 

 

The next  2 members for the Mortgage Pro Week in Review

1.      Robert Ashby           08/25/2008    through    08/31/2008

2.      Volunteer                 09/01/2008    through    09/07/2008

 

 

Mortgage blogs by loan officers   Here is a list of Loan Officers.  If you are not listed, please email Jeff Belonger to be added. This way the person doing the Mortgage Pro week in reviewcan try and find most mortgage related posts in one section. ActiveRain is growing rapidly and it is difficult to keep up.... If you think you have been ignored, you have not. This is open to all!!!

All About Mortgages/Mortgage Networking   Here is a group that many loan officers post their mortgage related blogs in.  A good place to learn more about the type of programs, new industry news, and sometimes some inside tips. Don't hesitate to join.

 

We really could use some new volunteers for the Mortgage Pro Week in Review. Even if you are a realtor, a title person, or someone else that is related to the mortgage/real estate industry..... please read below.

 

MORTGAGE PRO Week in Review    A repository for the Mortgage Week in Review.  Please don't hesitate in joining this group. And any volunteers for the mortgage week in review, please e-mail Jeff Belonger at   jbelonger@ihmci.com

 

There will be no recreations of any type regarding the titles or content of this group or Review without the permission and expressed written consent of the Group's founder

Mortgage Pro Week In Review - Copyright 2008©

 

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For more information on FHA loans, please go to this link. The FHA Expert

For more information on how you can obtain your dream home, please click here : Mortgage Financing Options

For important mortgage insight to watch for, please read : Consumers need to be aware of these Red Flags !!!!!


Copyright © 2008 by Jeff Belonger

 
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32 Comments on Mortgage Pro Week in Review -- 08/01/08 through 08/24/08 -- New twist on Mortgages

Excellent job Jeff!  Some very good posts all in one place - bookmarked!

08/25/2008 06:59 PM by Tim and Pam Cash - Clarksville TN Real Estate Professionals (Crye-Leike (Sango))


Wonderful bunch of links for loads of information. Thanks for taking the time to put this together...now for some reading homework :)

08/25/2008 08:24 PM by Celeste "SALLY" Cheeseman (RA), e-PRO HAWAII Relocations & HAWAII Real Estate (Century 21 Liberty Homes -Mililani, Hawaii)


Jeff,
Whew!  It is long but I'm sure it is chunk full of excellent links and information.  Thanks.

08/25/2008 08:28 PM by Cynthia Tilghman, Realtor® Onslow County NC Home Specialist (Kingsbridge Realty, Inc)


 

TIM & PAM....   thanks for the kind words....  hope some of them shed some light on some important topics.

SALLY....  my pleasure... thanks for stopping by and for the polite comments. Hope some of these help.

CYNTHIA.....  long?  I felt like this was a college exam or a thesis that was due. It took way longer than I wanted.... but then it again, if was for 3 1/2 weeks of mortgage blogs. In any case, thanks for the compliment.

 

08/25/2008 08:41 PM by Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages -- Mortgages (Infinity Home Mortgage Company, Inc)


Jeff, great way to catch up. I liked your groupings.  And, there were some wonderful post there. AJ

08/25/2008 10:00 PM by Alan 'AJ' Nisen California Contra Costa Mortgage Officer (A Large Bank in America)


Thanks for the inclusion Jeff... My google alert notified me of this one...I am all about forming relationships with buyers...but in my market especially a rainy day equals people wanting to have a realtor be a tour guide.  Today it rained...I had 3 walk-ins and 1 sales call in less than a hour...most weeks you don't get 3 walk-ins for the entire week...unless of course it is a rainy day.  It comes with the territory of living in a tourist town with the main attractions golf and beach.  When the storms come, you can't do those, so they go for the next best thing...calling a REALTOR! LOL!

 

08/25/2008 10:06 PM by Jeremy Blanton Myrtle Beach Real Estate (Coldwell Banker Chicora Real Estate)


Jeff - Important material for our industry, for sure.  Daunting task my friend, but again you rise to the occasion.  I'm going to have to come out with something very special for Ashby this week.  Thank you for pointing out a couple of my contributions.  I don't think the popularity of this review will ever reach the level of its importance.  Very well done.

08/25/2008 10:58 PM by Jason Sardi, Pennsylvania Mortgage Broker (First Choice Equity Group Inc.)


 

AJ.......  yea, considering that it took a whole day to do this... lol  But thanks for the compliments. I was glad to not only find some good stuff, but some new faces to go with some of the good veterans.

JEREMY.......   my pleasure.. and I have Google alerts to... and it comes in handy. In regards to your post... I agreed with most of it..  and not here to bust or disagree. I think it would have been right on the money then, if you stated that you do try to build relationships, but that you aren't running people all around god's creation.  It came across... no pre-approval, no car ride. And so many agreed... which I think is a bad business decision. Just a little elbow grease can go a long way. But then again, if extremely busy, I could understand... but get a buyers agent... juggle things around. Just a few points...  thanks for the input and for the comment.

JASON S. ........ I agree 110%... and I wanted to include about 5 more.... but it would have been a mini novel.  Which gets to your second point... it won't get read as much as others... but I am hoping for a record on this one in both comments and views. Time will tell....  and your welcome in regards to the two blogs... well done.  Overall, thanks for the kind words.

 

08/25/2008 11:56 PM by Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages -- Mortgages (Infinity Home Mortgage Company, Inc)


Jeff!  My google alert told me someone was talking about me!  Thank you for taking the time to do it!  Many great blogs and information you have put together!  You done well!

08/26/2008 12:32 AM by Kim Murphy | Mortgage Loans in DuPage, Kane, Cook, Lake, Will Counties Illinois (1st Advantage Mortgage, LLC)


That is an impressive collection of posts.  Thank you for taking the time to put it together.

08/26/2008 12:43 AM by Randy L. Prothero - Hawaii REALTOR® (Century 21 Liberty Homes)


VERY impressive collection ... bookmarked for sure.  Thank you very much.  Wow!

08/26/2008 03:33 AM by Susie Blackmon-Maggie Valley Waynesville NC Realtor/RE Blogger/Photographer (COLDWELL BANKER Kasey & Associates)


Jeff

As you know, I am an early riser....always have been (damn internal alarm clock :) ). I generally crank up my laptop while the coffee is brewing and open outlook  and access AR for a quick peek. Whether or not I step out into the rain each day rally depends on what else is pressing. Well the first thing I see is your "mugshot" heading up the feature column. Well that helped get my eyes opened! :)

As usual, great job of assembling and organizing your information.  Thanks for including a couple of my recent posts, I appreciate it.  I really like these week in reviews as it helps the " cream separate and rise to the top."

08/26/2008 04:51 AM by Ron Withers - Mortgage Professional (Sr. Loan Officer, LMB) (Town & Country Mortgage Services, Inc.)


It rained valuable mortgage info this week---I found some excellent and informative posts that had been missed.

08/26/2008 06:39 AM by Diane Bell, Hilton Head Real Estate, Bluffton (Charter 1 Real Estate, Hilton Head, Bluffton, SC)


 

KIM.....   and what were they saying?  ;o)   Besides, long time no chat... in any case, my pleasure and thanks for the polite compliments.

RANDY....  thank you very much.... I hope some of these help... thanks

SUSIE.....  blushing here....  seriously, thanks.... it took some time and I hope others get something from this.

RON......  that damn military and what it did to you.  Well, I wasn't in long enough for it to have that effect on me.  In any case, my pleassure, your posts were worth the mention and thanks for those kind words.

DIANE..... cute, very cute. Maybe that could be a title of a blog...  glad that you found some valuable information and thanks for the comment.

 

08/26/2008 07:17 AM by Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages -- Mortgages (Infinity Home Mortgage Company, Inc)


Hi Jeff

A comprehensive and very lengthy work you put in here. Great job Thank you!

Sincerely

Joel Silberstein

08/26/2008 07:21 AM by Joel Silberstein (The Silberstein Group)


 

Jeff -  You are a machine!  Thank you for putting this together.  I've done a couple of these and encourage everyone to take a turn at putting one together.  It is a bit of work, but you'll also reap the benefit of reading some excellent posts and finding some surprisingly smart people.

Active Mike

08/26/2008 07:24 AM by Mike Mueller (Mike Mueller, Inc.)


Hi Jeff - Holy cow that is a boat load of some terrific mortgage information. I will try to take in a few of the posts I missed.

08/26/2008 07:43 AM by Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty)


Jeff, All great posts and a great idea to put them together. Many I have read and many I have not. Nonetheless, there is a value and educatonal content in having them all in one place for all to read. thanks for being a torch bearer for the rest of us. btw. I might consider taking on one of the weeks in review, but would like to discuss this with you first. Let's talk later this week.

Thanks

Bo

08/26/2008 10:14 AM by Bo Hussung/ National Title Agent (Cogent Closing Associates)


Wow, thanks for the mention it is a honor to just be nominated.  I hope that bill does pass and that it gets us back on the right track

08/26/2008 10:43 AM by Dave Woodson (Indigo Financial Group Inc.)


 

JOEL.... my pleasure and thanks for stopping by.  Hope that you could volunteeer for another one sometime in the near future.

MIKE......  thanks for that polite compliment.  Yes, I was able to read a lot of good ones.....  the only problem is that it took me 8 hours to put all of this together, considering that it was 3 weeks of blogs. Just thank god, 80% of them were not truly mortgage related. But don't get me started on that one... lol   And I would love for you to do another one of these....  thanks

BILL....  more like an oceanliner... lol  Seriously, thanks for the compliment and I hope you get something out of these...  thanks

BO..... there is plenty of educational stuff in here... hence why I like these, because it even allows me to keep up on a few things. Overall, I would love to have you do one of these.  We had a title guy, Ed, do one once before.  We;ll talk soon... thanks

DAVE.....  my pleausre.... I hope that they can get something worked out.  I'll be writing about it later, but I have been asked to go down to DC for a rally....   thanks

 

08/26/2008 10:43 AM by Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages -- Mortgages (Infinity Home Mortgage Company, Inc)


Jeff, an honor to be included for the first time. There is a lot of great information here. Thanks for taking to time to put it all together. Wonder why my google alert didn't tell me? Must have something set wrong. LOL

08/26/2008 11:17 AM by Fred Chamberlin - Eugene/Springfield's #1 Experienced FHA Mortgage Consultant (Alpine Mortgage Planning - Eugene/Springfield OR)


WOW!  I can't believe I made it into the Mortgage Pro Week in Review for the first time.  I am honored.  Thanks, Jeff!

08/26/2008 11:46 AM by Jason Crouch, Broker - Austin Texas Real Estate (Austin Texas Homes, LLC)


Jeff - great post... and nice way to honor the Karen George & her contributions to the community.  She will be missed.

08/26/2008 03:38 PM by Kent Simpson REALTOR®, CNS®, AHS®, RECS® (with The Pepper Group™ Diversified Real Estate)


Gross....I tried so hard.  I guess I need to get deeper in the real estate industry to get a feature here.  No more Packer posts huh?

08/26/2008 04:12 PM by Larry Bettag - Cherry Creek Mortgage


 

FRED....  it was a good post, hence why it was in the review. In regards to Google?  Not sure, once in a blue moon that happens to me, that I don't get all the google alerts...  thanks

JASON C. ......  well, you deserved it... it was a good, timely post. Now, you have my address to send the bribe check, right?  lol  Thanks for stopping by.

KENT.....  thanks.. I was taken back when I found out Sunday. And thanks for the compliment.

LARRY.....  gross?  what did you do?  lol   Well, maybe if you post some things about the Seattle Seahawks?  Because of AR is based in WA.  thanks for stopping by.

 

08/26/2008 04:18 PM by Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages -- Mortgages (Infinity Home Mortgage Company, Inc)


Yeah Jeff, I actually wrote that post rather late at night and was falling asleep while doing it...I actually did doze off in the middle of the post for about 10 minutes...so, there was no editing, no second reading or anything...when I read through later I was like wow, I was kinda harsh...but I think the main point of getting your buyers pre-approved is imperative in todays market before you begin driving everywhere with them and investing hours & days of time & energy.

08/26/2008 11:00 PM by Jeremy Blanton Myrtle Beach Real Estate (Coldwell Banker Chicora Real Estate)


Jeff:

Thanks for notifying me of your hard work.  I am honored to have been included in this impressive list of contributors.

Greg Zaccagni

08/27/2008 10:34 AM by Illinois Mortgage Lender Greg Zaccagni (www.MortgageAdvisor.info)


Hey Jeff - WOW!  Thanks for including me among these outstanding professionals.  You've created a great directory here and I'll be back to peek often.  I'll be back to read more on the Red Tape section today!

As a blogger you have to Let Your Voice Be Heard - great tool here!

Cheers,
Paul Dunn

08/27/2008 10:35 AM by Paul Dunn -Tucson's FHA and USDA Rural Specialist (First Priority Financial)


 

JEREMY.....  lol.. well, I have done many of those late at night also.  And sometimes we do come across different;y, with the lack of sleep and being tired.  But trust me, I know what your main point was and I think so many do. It's just funny on how many jump on the same bandwagon though, without thinking it out sometimes. Again, it's a major concern, but... let's define this issue. Do you do it with everyone?  What about establishing relationships and not just kicking people to the curb. Lastly, let's understand the differences between such key terms. In this case... pre-qualified vs pre-approved... from reading the comments, it sounds like many don't. As I wrote in this post, Nehemiah - Countrywide & Wells Fargo.... what do they have in common?  ,many loan officers don't seem to know either..  thanks for the follow up comment and for your input/feedback.

GREG.....  would love to see you around more... some of your blogs and possibly doing one of these week in reviews would be great also.  thanks

PAUL......  my pleasure .... and I have been reading some of your stuff... we seem to be a like with good information.  And thanks for the compliment....

 

08/27/2008 12:31 PM by Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages -- Mortgages (Infinity Home Mortgage Company, Inc)


Your welcome....give me a shout when you have a few minutes. I look forward to hearing from you.

Thanks gain

Bo

08/27/2008 02:44 PM by Bo Hussung/ National Title Agent (Cogent Closing Associates)


Jeff,

I'm touched and honored to be included in such an accomplished crowd! If you will have me maybe I'll try my hand at one of these weeks...

after September's done!

Gerry Suarez, Jr.

Your HUD Loan Pro!

08/29/2008 09:03 AM by Thomas Mortgage, Florida's FHA Loan Pro


BO......  maybe over the weekend... this past week was busy.  Talk soon..

GERRY......  after September?  lol   We are just now ending August, believe it or not. In any case, thanks, and I will take you up on that in October.

 

09/02/2008 10:03 PM by Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages -- Mortgages (Infinity Home Mortgage Company, Inc)


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