Justin O'Donnell's (jodonnell) Blog

This market is unbelievable.  We have the best paper in mortgages since the 70's.  Everything is fully documented, you have to have money down... either you can qualify or you can't.  It's black and white right now.  There use to be so much grey, anyone could get a loan, between Stated income, No...

The meeting was very interesting and full of knowledge.  Most of the stuff you may already know, but I'm going to post it anyway, just in case you don't.•1)     Balance on your credit cards-  This only has to do with revolving debts, not installment loans or mortgages (they are looked at as repay...

All;What is credit mining?  When you run an in-file credit report on a potential customer an ‘inquiry' is logged for that search.  Assuming you run a 3 merge report then all three credit repositories (TransUnion, Experian & Equifax) will have a record of that inquiry. Guess what... that inquiry i...

My credit report compnay has put together a seminar to show anyone (agents, first time home buyers, etc.) how to get your credit score up dramatically within 72 hours.  It's not one of those, add and authorized user for 90 days at a costs of $700, it's all legal and legit.  It's about a half an h...

To all of the good Loan Officers,This is directed to the Loan Officers who looked out for the well being of their clients, not the money.  Everyone works to make money, that's a given, but to take advantage of others mis-education of this industry is a disgrace.  A 2 year ARM, with a 3 year pre-p...