Author Archives: Colleen Craig

Corona virus Mortgage at zero percent?

Posted on March 17, 2020 by Colleen Craig
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5 Tips for Buying a House with Student Loans

Posted on January 9, 2020 by Colleen Craig

5 Tips for Buying a House with Student Loans January 8, 2020 – By Lexi Klinkenberg   The thought of buying a house with student loans can be daunting, but that doesn’t mean it’s impossible. With a proper strategy in place, and … Continue reading →

Posted in All Blogs, Grants and down payment assistance, Interest Rates | Leave a comment

What is a 1031 exchange?

Posted on September 14, 2017 by Colleen Craig

What is a 1031 exchange? Section 1031 of the Internal Revenue Code allows a taxpayer who owns a property held for investment or used in a business to exchange a relinquished property and defer paying federal, state capital gain taxes … Continue reading →

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Solar panels and refinancing

Posted on August 29, 2017 by Colleen Craig

Solar panels and refinancing. It is a problem if you have solar panels if you want to refinance or sell your house? The answer is that it depends on which type of program you participated in and if you financed … Continue reading →

Posted in Uncategorized | 2 Comments

Mortgage Loan Application checklist

Posted on April 23, 2014 by Colleen Craig

Mortgage Loan Application checklist LOAN APPLICATION When applying for a home loan, you will need to supply your lender with… YOUR PLACE OF RESIDENCE: •·  If you rent: Name, address and phone # of your current landlord. If you own your home and … Continue reading →

Posted in Mortgage Documents | Tagged | Leave a comment

What is a 203k Loan

Posted on April 19, 2014 by Colleen Craig

What is a 203k Loan 203k MADE SIMPLE   In Southern California, FHA loans were just not utilized over the past 10 or so years because of the FHA Maximum Mortgage limits But now that the limits have been increased … Continue reading →

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Why committing mortgage fraud should scare you

Posted on October 20, 2011 by Colleen Craig

  Why committing mortgage fraud should scare you Be Scared! Be very very Scared!   On the theme of Halloween, I feel that it’s a perfect time to talk about being scared in the real estate industry on a daily … Continue reading →

Posted in 203k Loans, FHA LOans, Uncategorized | Tagged , , , , | 1 Comment

I can pick my own interest rate?

Posted on August 31, 2011 by Colleen Craig

I can pick my own interest rate? How come other lenders haven’t told me that I can pick my own rate? Before I get into the rates and fees, make sure you check to see that the loan professional you … Continue reading →

Posted in Closing Costs, Interest Rates | Leave a comment

There is a fire sale on real estate!

Posted on February 20, 2011 by Colleen Craig

There is a fire sale on real estate! Bloomingdales is having a sale!  90% off everything in the store!  But I think I’m going to wait? Wait….for what? I think they might have a 95% off sale……okay…you wait for that, … Continue reading →

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Is your Loan officer a Big talker but couldn’t pass the mortgage exams?

Posted on February 1, 2011 by Colleen Craig

Is your  loan officer a big talker but couldn’t pass the mortgage exams! Lawyers pass the BAR exams in order to practice law.    CPA’s, Accountants and tax attorney’s all pass different tests in order to obtain their designations. Doctors , … Continue reading →

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