Mid June???

I cannot believe we are already half way through 2011. How do we put the brakes on the year? I just planted my garden, I guess I will have veggies in the fall and not the summer, if they produce at all.
The mortgage market is holding strong and I cannot believe rates are still under 5%. I do not know how much longer rates can stay this low, but if you are in the market to purchase or have the equity to refinance, now is the perfect time.
Call me if you have any questions.

Baseball/Softball Season

Completely off the topic of loans today. I love baseball/softball season. I love watching the kids grow and improve. I enjoy watching the competitiveness between rival schools and then the camaraderie after the game. I also love that in one aspect of our lives there is still competition and that it welcomed. In so many facets of our children's lives our society has made competing an ugly word. The world is all about competition, growing from it, learning from it and becoming better because of it. I hope our children know that when the get into the real world, they will have to compete for everything.

Still Here!

Just in case anyone was worried, I am still in the lending business. The government did not scare me away and I am still helping clients purchase homes with Ability Mortgage. Though after a rough few weeks, I needed some motivation. If you receive my e-magazine you may have seen this, but if you ever just needed a little motivation this is a great 2 minutes! http://www.allaboutnews.com/vc.php?a=y&b=67&i=448&rs=106459225eadf03202fc924

April 1, 2011-Will this be the end?

Tomorrow marks the beginning of compensation reform. I am one of those originators who has decided to embrace the change and not dwell on it. But I am wondering will this be the end of reform in the lending arena? Will the federal government, state, other licensing agencies go after another group of people, or is there more to be done to the originators who are still trying to make a living. I have taken tests, classes, continue to do Continuing education for both of the licenses I have. I disclose in multiple ways, multiple different subjects to home buyers. Sometimes I think all my disclosing confuses more than helps. But is all of this enough, or will there be more to be done to the loan origination side of the Real Estate market. Only time will tell.

March 9, 2011

It is almost mid-March. Time is flying. First quarter is almost complete, new laws are up and running, and newer laws are preparing to be put to use. Much will change, but as we have seen over the past two years, the more things change, the more they stay the same. Every new legislation has made lending more difficult, but we are still lending. All the new guidelines make lending a challenge, but we are still lending. The cost of making loans or getting a loan has gone up, but we are still lending and people are still borrowing. Those of us not here to make a quick buck, but to earn a living and to take care of our communities will still be here when lending is no longer under the microscope.

Home Buyer Class

I am hosting a Home Buyer Class tomorrow 3/1/2011 in the McFall Room of the Manteca Public Library. The class starts at 7:00am and lasts about an hour. This is a no obligation event. I am in the business of educating those people who are interested in the American Dream. Whether you are a first time home buyer, move up buyer or an investor I will have information for you. The guidelines for loans have changed so significantly, come and find out how they will affect you. Hope to see you there!

Credit Repair Class- 7-8pm February 22, 2011

I will be hosting a Credit Repair Information Class tonight from 7-8pm at the McFall Room of the Manteca Public Library. This class is to educate future home owner's on what type of credit profile they will need to qualify for a mortgage in today's lending world. This class is great for first time home buyers, or previous home owners. For people with good or not so good credit. If you or someone you know has had a bankruptcy or a foreclosure and want to know the guidelines on how long it will be until you can purchase a home, this is the class for you. I hope to see you there!