Bill Black's Mortgage News for the NW

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Mortgage and Lending - Guaranteed Rate NMLS# 2611 - NMLS# 49242
RECENT BLOG POSTS
I just reviewed a short sale approval and wanted to note a few things from Saxon Mortgage aka Hillbridge Capital Group for those wading through the quick sand in Short Sales:   New Contact Number for Saxson: 866-241-1901   Purchase Price $210,000                $174,300 Net 83%                $8,...
09/08/2009
I have had 3 new pre-approvals from the weekend- All three of the clients were looking forward to the $8,000 tax credit, so today I will blog about the current status of the tax credit statue as well as some highlights around this. The $8,000 tax credit cannot be used as down payment- Out of thes...
08/25/2009
Hello and GOOD Friday to you, The good news is we have some ROCKIN turn times- the bad news is rates are starting to sneak up on us as anticipated. I have never seen so much volatility. Rates under 6% are still good but it’s hard for me when I just had rates at 5.25 less then a week ago. The mark...
08/07/2009
August 4th, 2009 – USA FHA Suspends Taylor, Bean & Whitaker I stopped using Taylor Bean & Whitaker about 3 months ago as I noticed their practices was not up to standards and now I see that wa s a very good decision. Here is the actual announcement HUD made today regarding TBWs suspension and the...
08/04/2009
Hello first time home buyers and Investors, Fannie Mae is offering special financing program on all the Bank Owned properties with benefits such as No mortgage Insurance, No Appraisal... http://www.utipu.com/app/invited/id/bdfbf211
07/24/2009
Banks are bullies- but knowledge is power!   Appealing Short Sale Commissions- I keep running into short sale transaction that are Fannie mae insured with only 5% Realtor commissions. This is assumed that it's required. Please read on to find out how you can maximize your earnings and appeal the ...
07/24/2009
Attention Realtors, Investors & Homebuyers!Learn How This Special Program Works In This 30 Minute Seminar We are offering an overview of the newest and moist successful loan in the industry... this loan is not available at Wells Fargo, US Bank, Metlife, Bank Of America.... so make sure you are aw...
07/16/2009
Hello Everyone,    Hope you're loving this sunshine. My apologies for not getting the daily report out as some have came so fond of.... What I call my rants & raves. I have completely switched over to a mortgage banker now enjoying a 24 hour underwriting time as well as incredible rates and low f...
07/15/2009
Well Hello Everyone, It has been a busy week as I am finalizing negotiations to move our brokerage to a bank- very exciting times as we now have benchmark turn times that make me giggle in the mirrir!  I have been experiencing some absolutely embarrassing underwriting times from some of my curre...
05/15/2009
We are seeing some great times compared to the rough last 12 months that we experienced. Buyers are coming out of the woodwork. Multiple offers are coming in and those Realtors that have learned their lesson in the past are convincing thier listing clients it is in their best interest to include ...
05/11/2009
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Bill Black

VP Mortgage Lending
local_phone(360) 216-1032
smartphone(360) 910-3290
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