Confusion about lowest mortgage rates ever ?

[HLS]

Why is trying to educate people with facts viewed as a sales pitch ?

There are some real idiots on this blog that give people mortgage advice that haven’t got a clue what they are talking about.
You have a choice of getting info from them if you wish.

Some people aren’t intelligent enough to get accurate information from someone who knows what they are talking about. If my posts were sales pitches, they would contain 12 lines of my contact information.
Anybody who paid a CPA $300 to look at standard mortgage docs would be an idiot.

I don’t need to defend myself. I’ve helped plenty of people who have contacted me and I don’t think anybody has any complaints.
There are plenty of scumbags in the mortgage industry, without a doubt.

I’m not sure if those that throw daggers without knowing what they are talking about are jealous, ignorant or just foolish OR it just makes them feel important when they insult other posters..

[Adebisi]

HLS,

Do you disclose the YSP (mortgage broker kickback) and other payments you receive for selling someone a mortgage? How does the typical YSP on the mortgages you peddle compare to the YSP on an FHA loan?

[Adebisi]

HLS,

Do you disclose the YSP (mortgage broker kickback) and other payments you receive for selling someone a mortgage? How does the typical YSP on the mortgages you peddle compare to the YSP on an FHA loan?

[Adebisi]

HLS,

Do you disclose the YSP (mortgage broker kickback) and other payments you receive for selling someone a mortgage? How does the typical YSP on the mortgages you peddle compare to the YSP on an FHA loan?

[Adebisi]

HLS,

Do you disclose the YSP (mortgage broker kickback) and other payments you receive for selling someone a mortgage? How does the typical YSP on the mortgages you peddle compare to the YSP on an FHA loan?

[Adebisi]

HLS,

Do you disclose the YSP (mortgage broker kickback) and other payments you receive for selling someone a mortgage? How does the typical YSP on the mortgages you peddle compare to the YSP on an FHA loan?

[sd_t2]

I would like to point out that a refinance at this point could trigger a very bad consequence… that is, the refinanced balance would be a recourse loan, whereas if the home owner is presently in their original loan used to buy the house, that is protected by the purchase money exemption and is thus nonrecourse.

One would have to weigh the benefits of any savings against the reality that prices are still overinflated and to refinance could be kissing away your option to protect other assets should it later make sense or become necessary to allow foreclosure to proceed.

Just sayin’

[sd_t2]

I would like to point out that a refinance at this point could trigger a very bad consequence… that is, the refinanced balance would be a recourse loan, whereas if the home owner is presently in their original loan used to buy the house, that is protected by the purchase money exemption and is thus nonrecourse.

One would have to weigh the benefits of any savings against the reality that prices are still overinflated and to refinance could be kissing away your option to protect other assets should it later make sense or become necessary to allow foreclosure to proceed.

Just sayin’

[sd_t2]

I would like to point out that a refinance at this point could trigger a very bad consequence… that is, the refinanced balance would be a recourse loan, whereas if the home owner is presently in their original loan used to buy the house, that is protected by the purchase money exemption and is thus nonrecourse.

One would have to weigh the benefits of any savings against the reality that prices are still overinflated and to refinance could be kissing away your option to protect other assets should it later make sense or become necessary to allow foreclosure to proceed.

Just sayin’

[sd_t2]

I would like to point out that a refinance at this point could trigger a very bad consequence… that is, the refinanced balance would be a recourse loan, whereas if the home owner is presently in their original loan used to buy the house, that is protected by the purchase money exemption and is thus nonrecourse.

One would have to weigh the benefits of any savings against the reality that prices are still overinflated and to refinance could be kissing away your option to protect other assets should it later make sense or become necessary to allow foreclosure to proceed.

Just sayin’

[sd_t2]

I would like to point out that a refinance at this point could trigger a very bad consequence… that is, the refinanced balance would be a recourse loan, whereas if the home owner is presently in their original loan used to buy the house, that is protected by the purchase money exemption and is thus nonrecourse.

One would have to weigh the benefits of any savings against the reality that prices are still overinflated and to refinance could be kissing away your option to protect other assets should it later make sense or become necessary to allow foreclosure to proceed.

Just sayin’

[HLS]

YES I DO, I don’t get a penny in kickback/YSP/rebate unless the borrower chooses that option up front, AND THEY KNOW IT.

I don’t “sell” people mortgages and I don’t “peddle” mortgages. I explain financing options to people 6 ways from Sunday so they can decide what’s right for them. Banks don’t do loans for free and I don’t either, but I beat bank rates and programs on a daily basis.

ANY loan, FHA, VA, FNMA have no cost options.
It’s truly fools like you that think they know everything about mortgages yet your question just proves how little you know.

Plenty of people on this board know who I am.
I’ve done a local radio show for over 2 and half years educating people about what’s going on.
If I was a mortgage crook I wouldn’t be here.

I can’t guarantee anybody that I have the absolute lowest rate/programs, but if that’s all people think they need, they can shop til they drop.

ADEBISI, since your first (recent) post you have proved yourself to be a jerk. Your limited knowledge and the people that you are choosing to pick on are further evidence of your ignorance, yet you think you are a know it all.
If you expect ANY respect around here you’re going to need to earn it.
You appear to be the bully that just transferred to a new school mid year and are trying to impress people yet nobody likes you nor wants to be your friend.

[HLS]

YES I DO, I don’t get a penny in kickback/YSP/rebate unless the borrower chooses that option up front, AND THEY KNOW IT.

I don’t “sell” people mortgages and I don’t “peddle” mortgages. I explain financing options to people 6 ways from Sunday so they can decide what’s right for them. Banks don’t do loans for free and I don’t either, but I beat bank rates and programs on a daily basis.

ANY loan, FHA, VA, FNMA have no cost options.
It’s truly fools like you that think they know everything about mortgages yet your question just proves how little you know.

Plenty of people on this board know who I am.
I’ve done a local radio show for over 2 and half years educating people about what’s going on.
If I was a mortgage crook I wouldn’t be here.

I can’t guarantee anybody that I have the absolute lowest rate/programs, but if that’s all people think they need, they can shop til they drop.

ADEBISI, since your first (recent) post you have proved yourself to be a jerk. Your limited knowledge and the people that you are choosing to pick on are further evidence of your ignorance, yet you think you are a know it all.
If you expect ANY respect around here you’re going to need to earn it.
You appear to be the bully that just transferred to a new school mid year and are trying to impress people yet nobody likes you nor wants to be your friend.

[HLS]

YES I DO, I don’t get a penny in kickback/YSP/rebate unless the borrower chooses that option up front, AND THEY KNOW IT.

I don’t “sell” people mortgages and I don’t “peddle” mortgages. I explain financing options to people 6 ways from Sunday so they can decide what’s right for them. Banks don’t do loans for free and I don’t either, but I beat bank rates and programs on a daily basis.

ANY loan, FHA, VA, FNMA have no cost options.
It’s truly fools like you that think they know everything about mortgages yet your question just proves how little you know.

Plenty of people on this board know who I am.
I’ve done a local radio show for over 2 and half years educating people about what’s going on.
If I was a mortgage crook I wouldn’t be here.

I can’t guarantee anybody that I have the absolute lowest rate/programs, but if that’s all people think they need, they can shop til they drop.

ADEBISI, since your first (recent) post you have proved yourself to be a jerk. Your limited knowledge and the people that you are choosing to pick on are further evidence of your ignorance, yet you think you are a know it all.
If you expect ANY respect around here you’re going to need to earn it.
You appear to be the bully that just transferred to a new school mid year and are trying to impress people yet nobody likes you nor wants to be your friend.

[HLS]

YES I DO, I don’t get a penny in kickback/YSP/rebate unless the borrower chooses that option up front, AND THEY KNOW IT.

I don’t “sell” people mortgages and I don’t “peddle” mortgages. I explain financing options to people 6 ways from Sunday so they can decide what’s right for them. Banks don’t do loans for free and I don’t either, but I beat bank rates and programs on a daily basis.

ANY loan, FHA, VA, FNMA have no cost options.
It’s truly fools like you that think they know everything about mortgages yet your question just proves how little you know.

Plenty of people on this board know who I am.
I’ve done a local radio show for over 2 and half years educating people about what’s going on.
If I was a mortgage crook I wouldn’t be here.

I can’t guarantee anybody that I have the absolute lowest rate/programs, but if that’s all people think they need, they can shop til they drop.

ADEBISI, since your first (recent) post you have proved yourself to be a jerk. Your limited knowledge and the people that you are choosing to pick on are further evidence of your ignorance, yet you think you are a know it all.
If you expect ANY respect around here you’re going to need to earn it.
You appear to be the bully that just transferred to a new school mid year and are trying to impress people yet nobody likes you nor wants to be your friend.

[Author]

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