home loans – Loan Options and Seller Financing

Why You Need Title Insurance

Title Insurance Protection Other types of insurance coverage focus on possible future events and charge an annual premium – such as flood insurance or hazard insurance that safeguard against loss from wind damage. Title insurance protects against loss from hazards and defects already existing in the title and is purchased with a one-time premium.

Title Search And Examination Is The First Step.

Insuring a home’s title begins with a search of public land records affecting the property. The title agent or attorney working on behalf of the underwriter examines pertinent documents to determine whether the property is insurable. Those documents include deeds, wills, trusts, outstanding mortgages and judgments, property liens, highway or utility line easements, pending legal actions and notary acknowledgements. [Read more…]

The 10 Commandments Of Buying A Home

Home Buyer 10 Commandments

Buying a home with a mortgage loan? Be careful you obey these ten commandments for a smooth closing.

Ten Home Buying Rules

#1 – When buying a home Thou shalt not change jobs, become self-employed or quit your job.

#2- Thou shalt not buy a car, truck or van (or you may be living in it)!!

#3 – Thou shalt not use credit cards excessively or let current accounts fall behind. [Read more…]

7 Obscure Tips To Improve Your Credit Score

Credit Score Tips Don’t miss these 7 random credit tips that are obscure and yet so very valuable.

Credit Tip #1 – Divorce Issues

If you are in the middle of divorce, and you don’t have a lazy family law attorney, you can legally prevent certain items from reporting on your credit report (by way of a judge’s order, until such time as credit judgement occurs). For example: if the spouse took the pick-up truck and fled out of state and they decide to make payments every other month to screw up the other spouse’s credit – there is a legal remedy to save the credit report. [Read more…]

What Factors Influence Your Credit Scores?

Credit scoring factors Your credit report is considered to be your ‘financial fingerprint’. This file that remains with you is arranged and divided as described below.

Payment History (35%)

Account payment information on specific types of accounts (credit cards, retail accounts, installment loans, finance company accounts, mortgage, etc.)
Presence of adverse public records (bankruptcy, judgments, suits, liens, wage attachments, etc.), collection items, and/or delinquency (past due items) [Read more…]

Welcome To My Site!

Welcome to my site and blog dedicated to supporting the real-estate professionals I work with to support the Loan Options Organization’s goal, to get:

“The Right People – In the Right Home – With The Right Loan!”

So how can the Loan Options Organization help?

If you’re considering buying a home, I can help you plan ahead and even accelerate your move-in date.
If you’re already approved for a loan but would like a second opinion to ensure you’re getting the best deal possible for your unique circumstance, I can give you clarity in 30 minutes or less.
If you’ve been denied for a home-loan, we can review your circumstance and share what options you have for moving forward.
If you’re disqualified from owning a home due to bankruptcy, short-sale, or anything else, we can help you understand and make the most of alternative financing methods.
If you’re a real-estate agent with clients who are experiencing any of the above, either give us a call for a 1-on-1 consultation or to attend our next continuing education class to learn more.

Thanks again for being here, and I look forward to serving you!