Have you ever wondered, and you probably have an idea, what happens when you stop making payments on your forward loans (i.e. FHA, Conventional, etc) ? Well depending on what state you live in after you’ve missed 4-6 consecutive mortgage payments the bank will then proceed with a foreclosure and as soon as it gets through […]

Good news in recent weeks and over the past month that Reverse Mortgages are showing great signs of growth.  As you may recall from our most recent blog spot, “The Good, Bad and the Ugly” that some negative feedback on reverse mortgages was starting to surface and hit the tabloids.  As sad as it always […]

As someone who prides himself in the mortgage advice I give out on a daily basis, I was alarmed to find some negative articles within the Reverse Mortgage realm.  Over the weekend when I actually have some time to myself to relax (HaHa!), I decided to google on my iphone the key words Reverse Mortgage. […]

One of the single most important ingredients of approving a borrower for a residential loan is their credit score.  For as long as I have been a mortgage advisor, I have heard many different theories on how it factors into the underwriters decision making. The one that I tend to prescribe to is this – […]

October 8, 2012 Tampa, FL – Local mortgage origination company Green House Mortgage, an entity of The GH Mortgage Group, Inc. officially launched it’s new website to the public on October 6, 2012.  With the intent to better serve the mortgage community, its website, http://www.AbsoluteBestMortgage.com was created to better inform those in Tampa and throughout […]

What most loan professionals AREN’T telling their borrowers….. Is that when refinancing if they show the title company their current owner’s policy, they can save up to 30% towards their new owner’s policy closing fee.  So, for example:  Let’s say you’re refinancing your loan here in Florida in the amount of $200,000.  Your new owner’s […]

When I think back, I often have fond memories of my Grandpa Tellinghuisen.  He was a guy, like most of our grandparents, who’s background was from the Great Depression.  He grew up with 15 brothers and sisters and so things definitely did not come easy.  He learned how to do a lot of things on […]