John Meussner's Blog

The Biden Tax Credit - A Terrible Idea Note:  In the current political climate, it seems anything mentioning "Biden" or "Trump" becomes an "Us VS Them" conversation.  This blog is intended to be a non-partisan opinion based on facts, market conditions, and the reality that political leaders put w...

We're Professionals, Not Easy Buttons I lost a deal recently (or may have, stay tuned) when a repeat customer called me on a Friday afternoon to check to get a preapproval for a home he was going to see the following day.  I could do it.  But I didn't.  Instead, I advised him to call another lend...

When applying for and having a mortgage loan processed, one of the most important pieces of advice I can offer, is very simple:  "Do what you're told".  Exactly what you're told.  Do not deviate, and do not do what "you thought" would work.  Unless of course, you want the process to be prolonged,...

Delayed Financing - Winning in a Competitive Market What is delayed financing?  That's another topic for another blog, but the good news is that it's already written and you can find it by clicking here If you're already familiar with the topic and the concept, you've maybe gotten some basic info...

2021 Loan Limits Are Out and They're Up! Today, Fannie Mae & Freddie Mac released their updated loan limits for 2021.  Each year, maximum loan limits on conventional loans are adjusted based on median home values and the overall housing market.  For 2021, we're seeing a 7.5% increase to conventio...

Gratitude for Our Clients (and those who aren't!) This time of year is always an excellent, and much needed, reminder of all we have to be thankful for.  As part of this month's ActiveRain Contest, Jeff Dowler, CRS invites us to share some of the things we're thankful for, one of the invites bein...

The Value of Communication  Recently, we closed a mortgage loan for a customer buying a house out of state through a 1031 exchange.  1031 exchange transactions are regularly stressful for people because they involve a limited window of time, sometimes multiple (3 or 4) transactions, and often inc...

Friday Round Table for Real Estate Last month's ActiveRain challenge of getting together with friends in the rain via Zoom was so much fun that I've decided to make it a part of my week every week! We had some great guests, got to learn, talk, and build relationships through the computer screen, ...

Back in the Rain - An ActiveRain Challenge Well, I've got to thank the hosts and Margaret Rome Baltimore 410-530-2400 for filling me in on this month's Activerain Zoom calls.  I haven't been active in the rain for many reasons, mostly because I'm busy as heck, but these calls have been so worthwh...

The JM Loans Team is Licensed in Oklahoma It's been a while since our team has expanded our territory.  Until today, we covered 15 states with trusted colleagues covering the rest of the country, and today we added Oklahoma to the repertoire.  Mason-McDuffie has been expanding and in the past yea...