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WSB Mortgage Services

Wednesday, September 16, 2009. Thursday, September 3, 2009. Interest Rates for 9-3-2009. 30 year fixed conventional 4.625 with 1 point origination. 30 year fixed conventional 4.875 with no origination. 15 year fixed conventional 4.25 with no origination. 30 year fixed FHA 4.875 with 1 point origination. 30 year fixed FHA 5.125 with no origination. 8220;All rates and programs are subject to change without notice. This information is intended for mortgage professionals only and is not an. The interest rate...

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Wednesday, September 16, 2009. Thursday, September 3, 2009. Interest Rates for 9-3-2009. 30 year fixed conventional 4.625 with 1 point origination. 30 year fixed conventional 4.875 with no origination. 15 year fixed conventional 4.25 with no origination. 30 year fixed FHA 4.875 with 1 point origination. 30 year fixed FHA 5.125 with no origination. 8220;All rates and programs are subject to change without notice. This information is intended for mortgage professionals only and is not an. The interest rate...

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WSB Mortgage Services | wsbmortgage.blogspot.com Reviews

https://wsbmortgage.blogspot.com

Wednesday, September 16, 2009. Thursday, September 3, 2009. Interest Rates for 9-3-2009. 30 year fixed conventional 4.625 with 1 point origination. 30 year fixed conventional 4.875 with no origination. 15 year fixed conventional 4.25 with no origination. 30 year fixed FHA 4.875 with 1 point origination. 30 year fixed FHA 5.125 with no origination. 8220;All rates and programs are subject to change without notice. This information is intended for mortgage professionals only and is not an. The interest rate...

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wsbmortgage.blogspot.com

1

WSB Mortgage Services: Honest Selling

http://wsbmortgage.blogspot.com/2009/08/honest-selling.html

Tuesday, August 25, 2009. With no reservation whatsoever, I can confidently say that 90 percent of all problems with salespeople can be solved if you can just get them to shut up and listen. Before I get to the concepts of how to interview, I need to get back on my soapbox for a few minutes, so I can explain one key reason why you should interview, and, once again, voice my disdain for much of what I’ve heard about this particular subject. That never happens in only 15 minutes. Nevertheless, I listened c...

2

WSB Mortgage Services: July 2009

http://wsbmortgage.blogspot.com/2009_07_01_archive.html

Friday, July 31, 2009. Verification of Funds on Reverse Mortgages. The purpose of the memo is to clarify the documentation requirements in. Circumstances where the borrower is required to bring funds to closing for. Payoff of liens, closing costs, down payment, short-pays, etc. All required funds for the borrower’s investment in the property, either to. Purchase a new property or to payoff existing liens and closing costs on. Current residence, must be verified and documented. A Borrower providing funds:.

3

WSB Mortgage Services: Some Good Questions

http://wsbmortgage.blogspot.com/2009/08/some-good-questions.html

Monday, August 31, 2009. Sent in from a Loan Officer in GA. I appreciate this opportunity. I hope I can remember the questions I have but never seem to quite understand. Some of my questions are as follows:. 1 Since the amortization schedule is drawn out to age 85, what happens with the loan anyway if/when the borrower lives past that age? 2 What is the average time a loan package is in-house before it gets to the lender? Who are the key individuals in the process? A WSB pays all payroll each week, our c...

4

WSB Mortgage Services

http://wsbmortgage.blogspot.com/2009/08/on-using-rm-to-buy-new-home.html

Monday, August 31, 2009. On using the RM to buy new home. 1 Do both the sale and the purchase of the new home need to be done simultaneously? A You can sell your home anytime and then purchase a home using a reverse mortgage to finance it at any time. If you do not have a home that you need to sell then you can just show that you do have the money necessary to pay your portion of the purchase and use the reverse mortgage to provide the balance. Subscribe to: Post Comments (Atom). Subscribe to Our Blog.

5

WSB Mortgage Services: Details on the Amortization Schedule

http://wsbmortgage.blogspot.com/2009/09/details-on-amortization-schedule.html

Thursday, September 3, 2009. Details on the Amortization Schedule. The question was if you take the total interest charged and divide it by the interest rate it does not seem to equal the beginning debt. I replied that the interest is compound and this CPA did the math to back that up so I thought you should see it. You were right; the difference in the first line of the amortization. Schedule was due to the compound interest.The interest rate listed was 5.685%, compounded monthly works out to. Reverse M...

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WSB Mortgage Services

Wednesday, September 16, 2009. Thursday, September 3, 2009. Interest Rates for 9-3-2009. 30 year fixed conventional 4.625 with 1 point origination. 30 year fixed conventional 4.875 with no origination. 15 year fixed conventional 4.25 with no origination. 30 year fixed FHA 4.875 with 1 point origination. 30 year fixed FHA 5.125 with no origination. 8220;All rates and programs are subject to change without notice. This information is intended for mortgage professionals only and is not an. The interest rate...

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