Why don’t more renters buy homes? A survey of 318 renters was very revealing as there were 7 1/2 reasons that were identified. Doug Haldeman recently became certified as a Path2Buy Homeownership Coach. If you are a renter or know a renter that needs to get on the Path2Buy, visit our site and watch the […]
Mortgage
Liquidity, Big Lenders Losing Business, and a Great New Resource
Lack of Liquidity: The 800 pound gorilla that can crush you! People don’t keep enough of an emergency fund, and it creates crisis situations when something unexpected happens. Car repair Medical issue Hospital/Doctor bills – especially with higher deductibles Time missed at work Major house repair Roof People live on the edge of their budget. […]
Jumbo Loans Now Have Lower Rates than Conventional Loans!
The Doug Haldeman Mortgage Team is now the premier lender for Jumbo Loans in Missouri. Jumbo loans are loans that exceed $417,000, which is the conforming loan limit through Fannie Mae and Freddie Mac. Conforming means that the loans conform to Fannie Mae and Freddie Mac guidelines. Conforming loans are also called conventional loans. Jumbo […]
Three Bad Debt Scenarios & How To Overcome The Bad Debt Trap
There are some major life events that can put many of us in a financial ‘bad debt trap’. Such as student loans, credit card balances, and even large mortgage payments can all make us feel in a financial trap. If you’re feeling like there’s no way out of your debt, here are three bad-debt scenarios and […]
Mortgage Broker vs. Mortgage Banker
Mortgage Broker vs. Mortgage Banker Lenders Lenders are the ones who give you the money — either directly or through a third-party — to fund your loan. They have various names based on how they acquire their clients and what they do with your loan after it is funded. Retail vs. Wholesale vs. Correspondent Lenders […]
Is An ARM (Adjustable Rate Mortgage) The Right Loan For You?
Is an ARM (Adjustable Rate Mortgage) the right loan for you? Some think that interest rates aren’t low enough to justify refinancing. However, don’t miss the opportunity that an ARM may present. Moving to a 15 year fixed is popular because the interest savings can be big. With the lower interest rate comes a much […]
Things I Wish I Knew Before Buying A Home
New homebuyers have made every mistake in the book – They’ve overpaid, overspent, and bought homes they just could not afford. And most of the time, these critical missteps happen simply because buyers aren’t informed or don’t ask the right questions. It’s painful to watch, especially when a huge percentage of buying blunders can […]
Buying & Selling At The Same Time
And you thought buying or selling a home was scary. Either one can be, of course, but there’s nothing like doing both at once to foster a flurry of “what ifs.” What if I buy a new house, but my old one doesn’t sell? What if I sell my old house, but can’t find a […]
Buying And Selling At The Same Time
And you thought buying or selling a home was scary. Either one can be, of course, but there’s nothing like doing both at once to foster a flurry of “what ifs.” What if I buy a new house, but my old one doesn’t sell? What if I sell my old house, but can’t find a […]
Buying and Selling At The Same Time
And you thought buying or selling a home was scary. Either one can be, of course, but there’s nothing like doing both at once to foster a flurry of “what ifs.” What if I buy a new house, but my old one doesn’t sell? What if I sell my old house, but can’t find a […]
