Financial Success

Credit Score: The Amount You Owe Can Influence It

If you have ever applied for credit in any shape or form, or any find of deferred payment plan, the phrase credit score has probably entered your vocabulary. Credit scored help determine first of all if we obtain credit and second of all the price we will pay for that credit. Credit scores can also […]

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Credit Score: What Influences It

Nearly all of us have heard the term credit score. This magical number that seems to hold control over most of our financial decisions. The credit score will decide whether or not you get financing on a home, car or other types of loans. They influence the amount of interest paid and even insurance rates. […]

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Credit Score: Why It’s Important

Anytime we are in a bank or see something even remotely finance related, we here the common phrase of credit score. Anytime we see a credit card application or open a bank account, somewhere on this bit of paper will be those two little words. Most of us can likely make a fairly educated guess […]

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Mortgage Brokering: What’s Involved?

If you are looking to find out more and learn about obtaining commitment from an appropriate lending source and facilitating the closure of a transaction/deal, stay tuned: Here are just some of the process, competencies and actions you can expect to encounter as part of what has to happen, should unfold as part of this […]

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Mortgage Brokering: Expectations, Challenges, Details

Part of the dynamics and interactions that take place as part of this connection and exchange in this mediation-type role as a mortgage broker,  has to do with unearthing opportunity, matching up need with best-fit product, both big picture and little detail type problem-solving, comparison shopping, due diligence, networking and communication, interpreting documents, rate sheets […]

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Mortgage Brokering: Fees, Players And Troubles

Mortgage brokers work with rate comparisons and approvals, assigning loans to a designated licensed lender depending on a couple of different factors, like pricing and expedient closing. Closing and servicing will most likely fall into the hands and lap, areas of responsibility of the lending institution, not the broker. The top wholesale institutions playing in […]

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Mortgage Brokering: Trends

According to industry sources and statistics mortgage brokers participate in more than 68% of home loans originations. The remaining 32% is retail done through the lenders retail channel, which means the lender does not go through a broker. This clearly shows that the market and consumer population (masses), still prefer having the expert mediator speaking […]

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Mortgage Brokering: Making It A Career

Depending on which area, nature and scope of a mortgage broker’s activities, you will not be hard pressed to find someone who can help you transact and deal with these regulated financial activities pertaining to realty transactions, deals, documents and financing, or someone to learn from for that matter is this is your choice profession. […]

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Mortgage Brokering: Finding The Best Deals

Many governments and states are modernizing the legislation that regulates the mortgage brokering industry. Proposed new legislation to replace the current Mortgage Brokers Acts keep making its way onto the books and into the marketplace with regards to all Mortgage Brokerages, Lenders and Administrators. Financial Services Commissions and other bodies  conduct technical reviews of mortgage […]

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Mortgage Brokering: Getting A Pro Involved

The question here is how to get a knowledgeable , full-rounded, skilled, licensed professional who can decode and decipher, capitalize and optimize what the realty market has to offer. Finding that one  stellar out-performer who is willing to go the extra mile for the interests of someone else, making helping others the real motivation behind […]

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