Blog Archives

Hazard Insurance

Hazard Insurance

By law, hazard insurance which is also referred to as Homeowners Insurance (HOI) is required on every home in which there is a mortgage loan.  Having proper coverage in not only important for protecting the homeowner, but also for protecting the lender; therefore, before a lender approves any loan, this particular item is thoroughly examined.  Let me discuss further.  Read the rest of this entry

3 ways to help have the fastest closing ever

3 ways to help have the fastest closing ever

Closing fast? That’s a thing of the past! Here are 3 ways to help you shave off some valuable time!

In today’s tremendously regulated, monstrously documented, charted process, you should count on your mortgage-closing timeline reaching or perhaps even exceeding two months, depending on your lender and or the banking rules. Read the rest of this entry

Why ‘Points’ In Most Cases, Are a Bad Idea

Why ‘Points’ In Most Cases, Are a Bad Idea

When shopping for the best deal on a mortgage, most people focus in on what the interest rate is going to be.  After all, if you get the lowest interest rate, then that must be the best deal right?  Not so fast.  Although the interest rate is an important variable, it certainty shouldn’t be the only variable to consider.  Read the rest of this entry

How Is My Credit Score Calculated?

How Is My Credit Score Calculated?

Understanding how your credit score is calculated is critical when trying to build your credit.  There are several different factors that make up your credit score.  These factors are grouped into five different categories; all of which are weighted by different percentages.  Knowing this information can help anyone who wants to build their credit as fast as possible. Read the rest of this entry

Matt Pell

Matt Pell

matt-pellWelcome Property Guiding’s new Finance Blogger, Matt Pell!  Matt joined the Mortgage Warehouse team in January of 2013. He is a fully licensed loan officer in both Florida and Kentucky and brings with him more than 12 years of knowledge in the Southwest Florida Real Estate market.

Professional Experience

Matt began his career in the fitness industry, holding various management positions and earned his way to the position of Area Manager for a nationally recognized health club chain. Matt’s experience in Managerial Finance, Financial Accounting, Strategic Planning, Problem Solving, and Leadership combined with his outstanding customer service skills made it easy for him to transition to the mortgage industry. Read the rest of this entry