Dora Griffin's Blog

Getting Organized For a Mortgage Loan Thinking of applying for a home mortgage? Organizing the information required is necessary. I take a lot of applications by phone and we work through the necessary data right there and then on the phone. If the applicant has not already organized their inform...

What Are Higher Balance Loans? Conforming loan balances are out for the year 2020. A conventional loan that does not exceed $510,400 for a single family and $765,600 for a two family home fits into the conforming loan balance maximum. But does that mean a loan balance higher than that only has a ...

SHOP SMALL BUSINESS SATURDAY NOV 30, 2019 SATURDAY NOVEMBER 30, 2019  is shop small businesses Saturday.  This is the day the focus is on small businesses.  It is hoped that on this Saturday if you make it a point to stop into a small shop you may just find a reason to return!  So if you need som...

 Are you looking for fast or a trusted adviser when buying a home? When it comes to getting a home mortgage to buy a home are you looking for fast or a trusted adviser? (This is kind of a trick question because you can have both.)  Many mortgage companies are marketing the fast easy peasy mortgag...

Is it time to refinance your home mortgage? Is it time to refinance your home mortgage? How do you know when it is time? Interest rates have improved of late compared to where they were the earlier part of the year. This has brought a lot of lenders out of the woodwork pushing refinancing. Random...

Refinancing? Get All The Facts. The Feds dropped the prime rate yesterday. Does this mean long term rates are coming down? The prime rate does not equate to an equal drop in long term rates. However, when the prime rate goes down it is indicative of negativity in the market generally speaking. So...

HOME BUYING CLASS FOR KY AND OHIO BUYERS JULY 2019  

HOME SALES DON'T STOP ON HOLIDAYS While many businesses close down or take a long weekend when holidays come along real estate keeps going. When I was a real estate agent I sold a home on the 4th of July in the middle of a parade going through the town. As a mortgage broker I make myself availabl...

WHO PAYS A MORTGAGE BROKER? As a mortgage broker in Kentucky and Ohio I sometimes am asked "Who pays you?" Or "How do you get paid?" I nearly lost an opportunity for a home loan recently because the buyers thought they had to pay me. We had met and discussed their goals and best products for them...

 WEEKEND LOAN APPROVALS, especially over a holiday weekend are special! One advantage of working with me on a home mortgage is speed. One of my lenders works from early morning to late at night and they don't quit over the weekend. This is a huge advantage in getting mortgage loans closed not onl...