Blog Archives

Hertz + Estero, FL = Success

You’ve already heard the news and quite the buzz has been created!  I’ve seen more traffic to my site in 1 week than I have in the past 4 weeks combined!  I can see on the back end dashboard of my website where the traffic is coming from.  It should come to no surprise what these search terms are… Read the rest of this entry

The No Closing Cost Mortgage – Part II

The No Closing Cost Mortgage

PART II

Mortgage Warehouse offers a very popular no closing cost option on many of our loan programs. Many banks offer a “no point” mortgage where they don’t charge fees, however the borrower still must pay for some items such as title search and appraisal fees. With our true no closing cost mortgage, the borrower pays no closing costs period! Read the rest of this entry

The No Closing Cost Mortgage

The No Closing Cost Mortgage

PART I

Mortgage Warehouse offers a very popular no closing cost option on many of our loan programs. Many banks offer a “no point” mortgage where they don’t charge fees, however the borrower still must pay for some items such as title search and appraisal fees. With our true no closing cost mortgage, the borrower pays no closing costs period! Read the rest of this entry

Hertz Moving to Estero, FL

No mystery anymore: Hertz moving HQ to Estero

The Fortune 500 company bringing over 700 jobs to Lee County has been revealed.  The Hertz Corporation today announced that the company will relocate its worldwide headquarters to Estero, Florida from Park Ridge, New Jersey. “This is truly the largest economic event in Lee County’s history and we’ve been established since 1887; that is no understatement,” said Lee County Commissioner Frank Mann. Read the rest of this entry

Foundations of the Mortgage Industry (Part II)

Foundations of the Mortgage Industry (Part II)

There are two markets that structure the mortgage industry.

  1. The primary market:  Where loans are originated.  This consists of Brokers, Mortgage Loan Officers, Banks, Credit Unions and Thrifts.
  2. The secondary market:  Where loans are sold.  This consists of Fannie Mae (FNMA), Freddie Mac (FHLMC), Ginnie Mae (GNMA), Wall Street, and wholesale line of credit accounts.  Interesting to note, FHA, VA, and USDA are in neither market.  Read the rest of this entry
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