Annapolis Maryland - High Quality Mortgage Advice

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Mortgage and Lending - Apex Home Loans - NMLS #369577
Mortgage ramblings from Lewis Poretz - Mortgage Advice - Market Updates - Problem Solver
RECENT BLOG POSTS
*according to Webster   Were stuck in a quagmire again...          Sounds like the opening of a country tune. But it is much more serious than that. I am talking about the economy. And to micro target just a bit, I am directly focusing on the real estate environment as we speak. I believe that sh...
07/14/2010
Washington D.C. ranks #3 out of 10 cities, best to live in for the next decade! As a native of Washington DC, I take great pride when articles like this comes out.  Kiplinger announced the Ten Top Cities to live in for the next decade, and many great cities from the East Coast to the West Coast ...
07/13/2010
  Credit Scores sink to new lows - According to FICO, as of April, 25.5% of consumers - nearly 43.4 million people - now have a credit score of 599 or below. A score under 620 makes it very difficult to secure a home mortgage, not to mention a car loan or even a credit card.   Do credit scores te...
07/13/2010
HAFA - Are you in trouble with your mortgage? Do you understand the options besides foreclosure?  HAFA - Home Affordable Foreclosure Alternative was created for homeowners who can no longer afford their mortgage. The goal is very simple - to keep as many homeowners out of foreclosure as possible...
07/13/2010
  Check out this new website Mortgage Myth Busters  I know this team of professionals and highly recommend everyone of them... if you have any mortgage related questions do yourself a favor and check out www.mortgagemythbusters.com   When I need a mortgage question answered or help with a loan sc...
07/12/2010
Bay National Bank of Lutherville and Ideal Federal Savings Bank of Baltimore were shut down by federal regulators Friday. Check out Baltimore Sun financial columnist Jay Hancock's report - click here. Check out Baltimore Business Journal's story on these closings - click here Bay National Bank's...
07/09/2010
Words of wisdom from ActiveRain pro and marketing guru Ken Cook.They call their selves "mortgage specialists" or "mortgage professionals". They are definitely everywhere inside the real estate industry and you see their ads all over real estate centric websites, at real estate events and even in ...
07/09/2010
Here's the deal Your credit will be re-pulled prior to closing!  Book it! Bank on it! Expect it! Last month we had about 1500 closings and two issues came up prior to closing.  One person had new credit because of a recent purchase and the other person had just "looked" into obtaining credit.  Th...
07/08/2010
  Is there a price you can stamp on expert knowledge? In my opinion, as bad as the economic landscape is today, there may never be a better opportunity in our lifetime to either start up a business or grow an existing one. Take the mortgage industry for example... high quality loan officers, bra...
07/08/2010
LENDERS ARE GOING AFTER BORROWERS POST-SHORT SALE July 1, 2010 By Derik N. Lewis, Esq.   Financially distressed borrowers may think that a foreclosure or a short sale means their mortgage troubles are over. That’s simply not the case.   The Washington Post reported last week that “over the past y...
07/07/2010