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
*** I want this to be known from the get go... I am not endorsing nor do I get any compensation for my post below. I simply think this is a glaring example of how clients should be treated. Every time...   why do companies fail? --  it all starts with front line staff... I believe there are two m...
05/21/2010
APR - annual percentage rate - From Wikipedia, the free encyclopedia Another government invention aimed to make things "easier" for the consumer...   the problem is most mortgage loan officers have no clue how to arrive at the "APR" correctly... even in light of the new good faith which should m...
05/20/2010
...... where is the bottom??? Some may say I am a doom and gloomer.. I hate doom and gloom... but I am a realest  so here goes -   +   Market Watch is reporting today that 14.01% of mortgages are either delinquent or in foreclosure. They report that Florida is still worsening. So I ask this quest...
05/19/2010
A client that I have been working with on a purchase recently found a property a week ago.  This client is working with a real estate agent that was highly recommended by a family friend - the seasoned mortgage and real estate pros out there can see where this is going huh? This family friend of ...
05/18/2010
    The new mortgage plan....  An estimated 6 million homeowners have missed at least two months of payments. Experts predict the number may climb to 10 – 12 million. The odds are getting greater and greater that homeowners sixty days or more behind on their mortgage and over 115% underwater in h...
03/30/2010
  Great take on the new good faith estimate.      Via Larry Bettag - Cherry Creek Mortgage: It's official: The New Good Faith Estimate is causing real pain to The Consumer and; The Real Estate Industry I've now spent two months working on this new good faith estimate.  It's been implemented since...
03/03/2010
  You just can't break it down any more simple than this. Must read for borrowers, real estate agents and mortgage professionals. From the true "FHA Expert" himself.... Jeff Belonger -  thanks for allowing me to share .....                 Mortgage 101 - How to qualify a borrower       Juggling i...
03/03/2010
It has been a long while since I have posted on AR but I have some strong thoughts I would like to offer up.      Obama's plan to help struggling homeowners is a joke! I know firsthand. I have a Fannie owned loan and meet all the criteria. My loan is with PNC/Nat City. I have been turned down ov...
01/20/2010
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Ok everyone - here is the first question in what will be a weekly series on -   what would you do? ----        You have excellent credit -  785 scores...     you have been on your job 15 years and make a solid income....     you have money in savings and a very nice 401K built up.....   you purc...
10/19/2009
    What is in a name? - Honesty?  Integrity? Knowledge?  Trustworthy? Creativity? Being reliable? What is in a name designation? - In most cases, the same that would be attached with any name?   Some of you might be asking yourself, "what am I talking about." How about those names that come with...
10/19/2009