The Mortgage Crisis Large banks in Britain such as HSBC, Barclays and Nat West approved less mortgages in May since the same time in 1997. The cause of this is reluctant buyers, high asking prices and increasing household outgoings. The British Bankers Association said that banks approved 27,986 mortgages in May which was down from [...]
All You Need To Know About Wholesale Flipping If you are new to the real estate market and want to earn profits without locking in too much money as down payments or if you do not have the patience to buy a property, renovate it yourself and then search for a buyer, then wholesale flipping [...]
Mortgage Stress Mortgage Stress If you’re feeling the pinch from the rising cost of living these days you’re not alone. Australia is experiencing its highest level of mortgage stress in many years and it’s all due to the cost of everything else going up. Electricity is the major increase but then there’s rates and water [...]
How to Choose a Mortgage Netbranch When Starting your Own Mortgage Company In my last article, I covered the two main ways to start your own mortgage company. One way, was to go it completely alone…apply for your own broker’s license, set-up all the relationships with the various lenders, handle all the back office stuff [...]
Questions to Ask Any Mortgage Net Branch Before you Decide to Join as a Loan Officer In my last article, I covered some of the reasons why loan officers join net branches and what their motivations are. I also covered some of the personal questions one should ask themselves before they decide to make the [...]
Mortgage Approvals Fall Again According to figures produced by the British Bankers’ Association mortgage approvals during October fell for the third consecutive month to a new record low, providing further evidence of a housing slowdown. Remortgage approvals also fell 17.1 per cent during the month which saw total mortgage approvals drop to 44,105 from [...]
Questions about how to handle private lender money I always get a lot of questions about how to handle the money so I’d like to go over a few of the basics. Touching the Money Sometimes when people hear the kind of interest I pay they will get so excited about loaning me money that [...]
Locating a Home Mortgage When it comes time for you to acquire a home mortgage for your first home or for a second home, or perhaps you are just looking to refinance. Whatever the case may be, it is important to shop around for a home mortgage. When it comes to a home mortgage, [...]
Wholesale Flipping Bank Owned REO Houses Is An Overlooked Goldmine Savvy real estate investors are making a fortune flipping bank reo owned (REO) property while other investors are stumbling over each other trying to do a short sale. If you really want to make money with real estate investing in the shortest amount of time, [...]
How the Mortgage Net Branch Really Makes it Money In the past few issues, we’ve been discussing net branches, and the advantages and disadvantages of this type of loan origination. I covered the reasons why loan officers decide to go out on their own, and what makes one net branch better than another. There are [...]
