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Honest Mortgage Answers

Honest Mortgage Answers from Virtual Loan Pro, Trusted and Honest Mortgage Advisor. Excellent to slow credit welcome. Low wholesale interest rates and closing fees.

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Honest Mortgage Answers | virtualloanpro.blogspot.com Reviews

https://virtualloanpro.blogspot.com

Honest Mortgage Answers from Virtual Loan Pro, Trusted and Honest Mortgage Advisor. Excellent to slow credit welcome. Low wholesale interest rates and closing fees.

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1

Honest Mortgage Answers: February 2006

http://virtualloanpro.blogspot.com/2006_02_01_archive.html

Sunday, February 26, 2006. I am proud to announce the launch of my new website - Virtual Loan Pro. This website is the successor of MichiganLoanOfficer.com and will be directly linked to the Honest Mortgage Answers website. As of March 12th, the MichiganLoanOfficer.com website will be obsolete and will be redirected to the VLP website. I appreciate everyone's patience during this time. As always, if you have a mortgage or real estate related question, please feel free to contact me. Links to this post.

2

Honest Mortgage Answers: April 2006

http://virtualloanpro.blogspot.com/2006_04_01_archive.html

Thursday, April 27, 2006. I am sure most of you have heard the popular catch phrase for Lending Tree, "when banks compete, you win." Well, I hate to break the news to you but, when banks compete, you lose. Let me explain how. Think about it for a minute. I have talked about bait and switch a few times before so when you are on the Lending Tree website, keep an eye on those low rates and ask yourself how they are able to offer such low rates. Enough said. Posted by Jason Lash at 11:13 PM. I commit to you,...

3

Honest Mortgage Answers: December 2005

http://virtualloanpro.blogspot.com/2005_12_01_archive.html

Friday, December 16, 2005. Tis the Season for spending. Okay, okay. I am apologize for the above but in all honesty, this is a big deal. It's amazing to think about all of the money being wasted on financing such trivial things. Yes, I feel it is important to make every Christmas special for every boy and girl, but at what cost? They just added 10 more years to their mortgage, $85,000 in mortgage interest, and now they have a bunch of available credit for next Christmas. Posted by Jason Lash at 10:21 AM.

4

Honest Mortgage Answers: November 2005

http://virtualloanpro.blogspot.com/2005_11_01_archive.html

Thursday, November 10, 2005. I think in this stage of the mortgage industry, more and more people are focusing in on YSP and SRP. YSP is short for "Yield Spread Premium" and SRP is short for "Service Release Premium". What are these? Yield spread premium is a compensation paid to a mortgage broker in exchange for providing a loan to a customer at a certain interest rate above the posted "par interest rate". For example:. How do you know how much a mortgage broker receives in YSP? So the moral of the stor...

5

Honest Mortgage Answers: January 2006

http://virtualloanpro.blogspot.com/2006_01_01_archive.html

Wednesday, January 04, 2006. What are junk fees? Have you ever been rate shopping (and after talking with few Mortgage Shops) talk with someone who quoted you an usually low rate without points? Why do you think this is so? Tax service fee: $125. Document prep fee: $195. In addition to the above, there is often a YSP from the investor of $1500-$2500 . THIS IS RIDICULOUS! Just my $.02. Posted by Jason Lash at 12:17 PM. Links to this post. View my complete profile. Mint Grafix Web Design. Economic Update J...

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