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 […]
Mortgage
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.
Escrow Accounts
An escrow account is essentially a holding tank. During a real estate transaction, the escrow officer—usually a lawyer or title company representative—holds all the important documents and deposits while the buyer and seller work out the details. The escrow officer makes sure the closing goes smoothly and everyone gets paid what they’re owed (including, of […]
Mortgage Plans: Biweekly
Most people pay their mortgage once a month. However, some lenders offer different payment options. These two payment plans are often confused with each other, which leads to even more confusion over what they specifically entail.
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.
Team Weber Launch Party Announcement
Team Weber Launch Party Raising Sails Marketing Saturday, August 8, 2015 from 2pm to 5pm
Student Loans: Is There a Reason Not to Pay Them Off?
Adrian Kleeschulte sticks around to help Doug and Tammie weed out the false and the facts of student loan payments and how they can affect your ability to purchase a home.
Adrian Kleeschulte: Automated Underwriting
Adrian Kleeschulte, Senior Loan Officer at Cornerstone Mortgage teams up with Doug to help explain what the differences are with Underwriting today versus 20 years ago. An Underwriter is an individual that analyzes your documents to verify you meet your loan program’s guidelines and gives you the approval to close. Automated Underwriting is a computer system that takes a […]
Lessons in Selling a Rental Property
One thing Tammie and Doug stand for is evaluating different lessons in life. They grow by learning from their defeats and celebrating victories. This week they are celebrating a victory that definitely didn’t start out that way. Tammie acquired a property in 2002 which started out as a good deal but over time turned in to a renter’s […]
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 […]
