Brian P.'s Blog

I know it, Realtors know it: The world of condo mortgages is a battlefield, you have to be locked and loaded and on your guard. As a mortgage broker I have become crazy vigilant about preparing for the unexpected. As Realtors are painfully aware, credit overlays are additional layers that a lende...

To all you Realtors out there representing real estate investors, you know how saturated the market is with these opportunities. But enter the U.S. Department of Housing and Urban Development (HUD) to apply the brakes and give some relief to the traditional home buying-FHA mortgage recipient and ...

Guess we've seen it all in the past couple of years as far as procedural changes and adjustments we've had to make in order to provide mortgage loans and get our clients to the closing table. But regardless of the media-inspired drama, what's with all the hoopla about the latest FHA changes? Was ...

I am very thorough at my job. I analyze every piece of data I am given, undercover every possibility, and work to identify the right product for every borrower. But with all my expertise and hard won knowledge, the work to actually close a deal has quadrupled over the last year and a half. And I ...

OK, so just add me to the endless list of bloggers blogging about the $8000 tax credit turned additional down payment/pay down option/closing costs supplement. I do say "hooray!" to this assistance as it will help get more people back into homeownership. My customer roster alone has as many true ...

There are lines that professionals just don't cross....regardless of who asks. On several occasions I've had Realtors question me; no, interrogate me when the client they are representing does not make the financial grade to qualify for a mortgage. I understand how disappointing it is for an agen...

I just don't know about this first time homebuyer tax credit turned down payment possibility. Are we going down the right path here? I'm all for opportunities for buyers and I think it is great that this credit may possibly be used to initiate a real estate transaction but.....let's not forget th...

This is not a paid promotional announcement for Tri-County Mortgage; but sometimes you get an opportunity to gain a little perspective on your company.   In a recent state-mandated licensing course I had occasion to spend time with peers in my industry; and horror stories abounded! While it is tr...

Like some twisted tango we go one step forward and sixteen back. This dance with Freddie and Fannie has to stop somewhere! At this point, no one doesn't know about the new Home Valuation Code of Conduct. Bottom line: this whole thing just adds up to another roadblock in the path of home buyers an...

No mystery...I'm a numbers guy. I understand them and I respect the principle that they either add up or they don't. While they can be interpreted within the confines of a certain context, there is nothing subjective about numbers. In the face of the "re-fi frenzy", the current value of a home, t...