Jeannie Philbeck's (jphilbeck) Blog

I have had many former clients as well as friends to call me recently about refinancing due to the low attractive mortgage rates. Unfortunately, I've not been able to help some of them because of little equity in their home, low credit scores scores or other roadblocks such as recent mortgage lat...

The FBI defines “Mortgage Fraud” as the intentional misstatement, misrepresentation, or omission by an applicant or other interested parties, relied on by a lender or underwriter to provide funding for, to purchase, or to insure a mortgage loan. Mortgage fraud is becoming increasingly common and ...

Congratulations on realizing your dream of home ownership! Life as a homeowner can be very rewarding yet a little overwhelming. The following information includes advice to help you make the transition. You should have received a payment coupon for your first house payment at closing. Don't be su...

Consumers wonder if it's a good time to buy a home given the impact on the latest drop in the stock market. Yes, the mortgage market crisis seriously affected the stock markets in recent months.  Companies have closed due to poor performing mortgage securities and the mortgage foreclosures have b...

With the news reports of the rise of auto break-ins, it's a good time to make sure that personal information is kept in a safe place and out of reach of criminals. Don't leave paystubs, bank information and credit cards in your car-it's an open invitation to a thief who may want access to your fi...

Occassionally I find myself playing some crazy "balloon pop" games online just to kill time while I'm on hold. It's almost like the stress ball that I used to squeeze years ago until I squeezed too hard and all the gel came out. (At least I got rid of the stress that was bothering me that day.) N...

Congress created the Federal Housing Administration (FHA) in 1934. The FHA became a part of the Department of Housing and Urban Development's (HUD) Office of Housing in 1965. When the FHA was created, the housing industry was flat on its back: Two million construction workers had lost their jobs....

After visiting with many realtor offices in the last few weeks, I'm hearing the same ole story-"It's slower than it ever has been". Right now there are still great mortgage loan programs available for people who have good credit and there are more houses to choose from. In reality, it's a buyers ...

You should start working on your finances BEFORE you start shopping for a home. Get in contact with a mortgage lender 4-6 months ahead of time. Before you begin your house hunting, there are several important steps to take to make sure you are eligible for the best interest rates and to make the ...

Credit scoring is calculated by a mathematical equation that evaluates many types of information that are in a consumer’s credit file at that specific repository/bureau. In order for a credit score to be calculated on a consumer’s credit file, the file must contain at least one account, which has...