loans: GOOD NEWS! IT’S EASY TO REFINANCE IF YOU’VE PLAYED BY THE RULES - 03/12/12 12:02 PM
 GOOD NEWS!  IT’S EASY TO REFINANCE IF YOU’VE PLAYED BY THE RULES
 I keep reading articles about how difficult it is to refinance a home mortgage in today’s lending environment and I ask myself, “Why aren’t more people getting the word about the availability of the current loan programs”.
More opportunities exist today than ever before if you’re looking to refinance your home.  For those who have played by the rules, made their payments on time and kept their credit clear, there are several great options available for refinancing at today’s low rates. 
 
VETERANS
EXISTING VA LOANS  are eligible … (20 comments)

loans: WHO DO YOU TRUST...and WHY SHOULD YOU TRUST ME? - 01/10/12 11:58 PM
 WHO DO YOU TRUST...and WHY SHOULD YOU TRUST ME?
TRUST is not something to be taken lightly.
It’s not something you can buy, and it can turn to dust if not properly maintained.  It takes a great deal to earn it, but it can be lost in an instant. What is trust and how do we get it in the first place?
 
We are all born innocent and we immediately trust everyone.   Initially that can be a good thing until we get a little older and it becomes something dangerous in the world we live in.  At some point, we all have … (49 comments)

loans: 2011 December 31 Day Blogging Challenge, Day 12 - 12/14/11 02:59 AM
 
 December Blogging Challenge, Day 12, Target Marketing
In this business, nothing is forever.  If you don't like what's happening in the market today, just wait awhile and it will change, but not necessarily for the better.  We all have to adapt to those changes quickly or risk getting left behind.
My success in the past has largely been through the use of Target Marketing to specific groups.  It's important to separate yourself from the pack and focus on unique groups. Become the expert for that particular group and create a marketing plan that will be completely different from all of your … (2 comments)

loans: DO YOU PERCEIVE YOURSELF THE SAME WAY OTHERS DO? - 10/14/11 05:16 AM
DO YOU PERCEIVE YOURSELF THE SAME WAY OTHERS DO?
I watched a made for TV movie the other night about the Green River Killer, a serial killer that murdered between 60 and 100 women in Washington State over a period of many years.  This killer was about as evil of a person that ever existed, and he killed with no remorse.  After he was caught and convicted, he was asked by the lead detective “on a scale of one to five, with five being the most evil, where would you rate yourself”?  The convicted killer thought about the question for a … (15 comments)

loans: Keeping Track of Passwords Is Driving Me Crazy! - 09/18/11 08:53 PM
 Keeping Track of Passwords Is Driving Me Crazy!
 I just received the kind of message that will send a chill up your spine and put fear in your heart.  
 “YOUR PASSWORD WILL EXPIRE IN 4 DAYS”. 
Don’t we all have enough information to remember and update every day?  Many of the sites we visit have unique passwords that we must use in order to log-in.  Realtors need MLS services, email accounts, and numerous websites that require these codes to access current information.  Lenders use credit bureau accounts, loan processing software, and they need to access loan program guidelines.  Daily use of sites … (35 comments)

loans: BANK OF AMERICA ANNOUNCES EXIT FROM CORRESPONDENT MORTGAGE BUSINESS! - 08/31/11 07:47 PM
BANK OF AMERICA ANNOUNCES EXIT FROM CORRESPONDENT MORTGAGE BUSINESS!
Bank of America is attempting to sell its correspondent lending division as it looks to divest itself of additional parts of its home loan divisions.  Plagued by upwards of $1 Trillion of problem home mortgages, Bank of America, currently the biggest U.S. Bank, plans on cutting 3,500 jobs over the next few weeks.  These moves are an effort by the bank to raise capital to meet new industry standards.
Correspondent lenders fund loans and then sell them to the larger banks.  Banks, including Bank of America, use these correspondent lenders to generate … (16 comments)

loans: PMI MORTGAGE INSURANCE IS CLOSING IT'S DOORS - 08/21/11 05:39 PM
PMI MORTGAGE INSURANCE IS CLOSING IT'S DOORS
If you are a PMI customer, you may have already received this notice from PMI that they are closing their doors.  Since the Mortgage Crisis began, this is the third Mortgage Insurance company to cease doing business.  In the future, Conventional financing is going to be even more difficult with less than 20% down payment. 
For the immediate future, there is no need to panic.  There are three or four other mortgage insurance companies that are still in full operation.  PMI was one of the largest, but not the only one to insure conventional … (32 comments)

 
Doug Bullwinkel, NMLS #281609 (Vitek Mortgage Group)

Doug Bullwinkel

NMLS #281609

Roseville, CA

More about me…

Vitek Mortgage Group

Address: 3013 Douglas Blvd. Suite 135, Roseville, CA, 95661

Office: (916) 295-0044

Fax: (916) 543-4708

Email Me



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