When you apply for a loan, lenders assess your credit risk based on a number of factors which will include: credit/payment history, income, student loans, and your overall financial situation. On todays show Doug goes over information that will help explain these factors, also known as the 5 Cs, so that you can get a […]
Home Buying
Why Cornerstone?
Cornerstone Mortgage, Inc. continues to be one of the leading retail Mortgage Bankers each year. Cornerstone Mortgage, Inc. was named A Top 100 Mortgage Company in America by Mortgage Executive Magazine. Cornerstone has been featured as one of the fastest growing mortgage companies in America by INC. 500/5000 for 4 years in a row. Revenues […]
4 Scenarios to Determine if You are a Risky Borrower
As a loan originator, when you are evaluating the risk of a borrower there are four major scenarios that raise a red flag when it comes to the credit worthiness and risk assessment. On today’s show Doug and Tammie discuss four scenarios to determine whether or not you are a risky borrower and how you can improve your chances.
Buying an Investment Property
Are you considering the purchase of a residential investment property? In the studio today Doug answers 8 crucial questions that will help you as you plan to buy, when you purchase, and after you own your investment property.
Home Scouting Report Can Make The Difference On Your Next Purchase
Doug Haldeman, Mortgage Strategist (NMLS: 298419) with Cornerstone Mortgage shares the free service with his listeners. He discusses some of the benefits of the Home Buyer’s Scouting Report and how it is a great way for the consumer to shop for their next home or investment property. If you are considering buying a home in […]
Debbie Smith, Home Ownership Programs Director for NECAC
Debbie Smith joins Doug in studio today to talk about the available assistance programs to help with your down payment. Listen in today at 4pm to see if you qualify! Funds are released annually. Funds are limited and are on first-come, first-serve basis. Funds are reserved upon receipt of a fully executed sales contract.
How is Convexity Selling Increasing Interest Rates?
What is the cause of interest rates increasing over the last few weeks? Convexity selling by bond traders is the cause. Here is how it works: When Fannie Mae sells bonds the prices of those bonds are what determine your interest rates. This creates convexity selling and buying the buyers of these bonds are typically bond funds. […]
Home Scouting: Home Search Made Easy!
Home scouting is one of the best programs to use when searching for new properties. Some people might use Zillow or Trulia but the issue with these real estate search engines is that they are missing at least 30% of the listings that are out there. These websites don’t have direct access to the MLS […]
Kim Anderson, Residential Realtor/BHHS Select Properties
Kim Anderson, Residential Realtor with Berkshire Hathaway Select Properties joins Doug and Tammie for a glimpse in to what makes her a top realtor. Kim has been a realtor for 14 years and with her knowledge is able to serve her clients with wisdom and experience! Listen in as Kim talks about what has helped her become so […]
Scott Shafman, Senior Loan Officer for Cornerstone Mortgage
Scott Shafman has been a mortgage professional for 13 years, the last five of those spent at Cornerstone Mortgage as a Senior Loan Officer. Scott joins Doug and Tammie on todays show to discuss why he chose Cornerstone and goes in to detail about the process of determining which loan package is right for you.
