Mortgage News And Marketing Tips

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Mortgage Banker - Absolute Mortgage Banking - NMLS#386911
Burlingame, San Mateo, Hillsborough, Foster City, Millbrae, San Bruno, Belmont, San Francisco, San Carlos, Redwood City, Woodside, Menlo Park, Atherton, Palo Alto, Los Altos, Half Moon Bay
Now that you understand what a pledged asset mortgage loan is and how it works, I will explain to you why someone would want to get a pledged asset mortgage loan. Bill Buyer likes his investments. He believes that the return on these investments will benefit him more than liquidating them for the...
Posted 3 days ago
A pledged asset mortgage loan is simply the substitution of assets (usually money market funds, CDs, stocks, bonds, and/or mutual funds) as collateral in place of equity in the property. For example, a lender may reduce the down payment requirement by accepting a pledge of assets in lieu of the p...
Posted 3 days ago
Yesterday pro golfer Pablo Larrazabal was playing in the Maybank Malaysian Open. He was on the 5th fairway when he was attacked by a swarm of hornets! Why do I bring this story to your attention? I think it is an amazing story of courage and concentration! Larrazabal had the courage to put his sh...
Posted 6 days ago
An article was published on SFGate yesterday stating that the median price for a Bay Area home increased 23.2 percent in March from the median price in March 2013. Wow! Imagine being a buyer looking for a home in this market! Prices are high and inventory is low. This article made me think about ...
Posted 7 days ago
Last night (actually this morning, the game finished after midnight), the Giants won in walk off fashion when Hector Sanchez knocked in the game winning run with a base hit against their arch rival, the Dodgers. It's great to win if you have the walk-off hit! Your team wins the game! Your teamma...
Posted 8 days ago
We have been in the lab testing a new strategy and the results are staggering! We tested it with a new agent who just received his license. We are talking green my friends.   It gets better; he came from the music industry and didn’t even know how to spell Real Estate. He was able to get over a m...
Posted 3 months ago
Would you like to figure out how much of a mortgage you can qualify for? In order to find out how much of a loan you can be approved for, you need to know the mechanics of how a lender calculates what are called debt-to-income ratios. There are two debt-to-income ratios: the housing expense ratio...
Posted 4 months ago
I want to earn the business of real estate agents. In order to earn your business, I have figured out a simple way to help you grow your business. All you have to do is share and follow up. The content I have for you to share is a recorded first-time homebuyer financing webinar. This seminar that...
Posted 4 months ago
Loading... First time buyers are busy people in this day and age. They need information about the home financing process, but they want it when it is convenient for them. To make it convenient, I have recorded a first time buyer financing seminar (or webinar as some call it). This seminar will an...
Posted 4 months ago
Questions I should ask the lender that is pre-approving my buyer When your buyer reports back to you how much the lender has pre-qualified them for, do you take that as the final answer? In my opinion you should not. Buyers don't know the questions they should ask because real estate and lending ...
Posted 5 months ago

Phil Caulfield

Mortgage Lender - San Francisco Bay Area
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