Mike’s Morning Mortgage Update

Mike and Amy- Amer Dream Connection

9/19/19I hope everything is going well and I hope your year has been Incredibowl!  Oh did I spell that wrong or am I trying to get people to try Incredibowls near Whole Foods? All joking aside, sales seem to be getting stronger this month and it looks like the 4th quarter will be strong.  Yesterday, the… [Read More]

Rates and Federal Reserve

Mike Head Shot

 9/17/19- I hope you are having a great day and I hope your weekend went well.  I am not sure about you, but my weekend was a blur, but we had a great time and got some work done too! Last week we got some warning shots about just how a market can move up… [Read More]

Does Your Lender Do This? Can Your Lender Do This?

Question

9/12/19 – I hope you are doing well and Happy Thursday!  It is a great time to buy a house as the weather is beautiful and you have no excuses. Since many of you are not my regular clients then I am going to hold some stuff back on the and let your lender try… [Read More]

Condo Changes- Limited Condo Review

Condo

I hope your week is going well and I know that there is change in the air when I come home and there is Monday Night Football on instead of the Bachelor.  Yup, girls are gone and we are now an all boy house! With the pending spot approvals coming from FHA, I feel that… [Read More]

STATED LOANS…They have a purpose

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9/5/19 I hope you are all doing well and no we are not back in 2006, but we are getting closer every year! Today I want to talk a little more about stated income loans and how they can help buyers who do not show the income either on their taxes or on their bank… [Read More]

Bank Statement Loan vs. Regular Loan

Mike Head Shot

9/3/2019- I hope you had a great weekend and I hope this week finds you happy and well.  It was a busy weekend for me with a couple of rounds of golf., a few clients and a lot of work that I think I am pretty caught up on. So I was working on a… [Read More]

What Does it Take to Pre-Approve a Buyer?

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8/29/19- I hope you are having a great week so far!  This is going to be a great weekend to buy a house with Temperatures near 100! We have run into a lot of loans that buyers say they are pre-approved with an online lender or bank and when we get to them we ask… [Read More]

Tough Underwrites & Problem Solving Early

Loan Approved

8/27/19- I hope you had a great weekend and I hope that everything is going well!  We dropped our last Freshman off at UNLV this weekend and our two Juniors arrived at their schools too and everyone had a good first day of school! This was a busy weekend and we had quite a few… [Read More]

Investment Properties Cash Flow?

Cash Flow

8/22/19- I hope you are having a great day and I hope that life is treating you well.  Yesterday, my wife moved our baby into her dormitory at UNLV and it was barely 110 degrees.  Not so fast on the empty nest, as you will hear more and more about the young boys who are… [Read More]

My spin on each segment of the market

Spinning

8/20/19-I hope you had a great weekend and I hope life is treating you well.  We had our last BBQ with the ¾’s of our kids on Sunday and all of their friends that are left.  We get rid of the last two this weekend and we will be left with 1.5 boys.  Long story!… [Read More]