I wrote a post about credit scoring entitled What You Need to Know About Credit Scoring. There were 5 variables that affect the credit score of the borrower. Needless to say, I really think that while credit inquiries have the lest amount of weight towards your credit, it also happens to be the m
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04/08/2015
What a quote!!!! I hate when someone says...."where have you been?" Times change and so do people and cirucmstances and situations. I was all in for my first 800,000 points....being #1 in Illinois for years as well as top 100 nationally through A.R., but then comcast went down.....and I mean D
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04/07/2015
We just closed a client this past week. The clients were people, albeit first time homebuyers. They got pre-approved for a certain loan amount, and the loan officer told them what they needed to do prior to closing. Some of the comments were: Don't rack up any more debt on the credit cards Don'
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11/29/2014
I have to tell you that I don't get disappointed easily in life. I rarely rant either. But, I do have to say that Westbow Press has been less than stellar in delivering what they said that they would. I wrote a book, NO REWIND, of which I'm thrilled with the final product. The production piec
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09/22/2014
There are a few common mistakes that borrowers do wayyyyyyyyyyyyyyyyy toooooooooooooooo often. I see it time and time again. Don't make the mistake that a lot of buyers make. 1) DON'T BUY A CAR BEFORE YOU GET YOUR NEW HOME: I CANT TELL YOU HOVE OFTEN THIS HAPPENS, BUT IT'S A LOT!!! The
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09/02/2014
I have this couple, who I'll call Jane and Jim. Awesome couple. Been working years to rehab their credit and get into a position to buy a home. Credit issues were prevalent due to some not so wise decisions during thei youth, but hey...they have me, Larry Bettag to help them rehab their credit
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06/30/2014
Anyone ever hear of XTERRA? Neither had I until about 8 years ago. It's basically the triathalon on steroids. All terrain. Not smooth surfaces. Best athletes in the world. I became captivated by a remarkable young woman named Jamie Whitmore. She has won 37 championships and is in the XT
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06/25/2014
I was just sitting in an legal ethics seminar for my continuing ed. They shared this story with me: Two law partners, running a practice, place an ad on Craig's List for a new legal secretary. "Need to be young and send a photo. Must be a great legal secretary. The last legal secretary could
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05/19/2014
We took a new application this past week from a client who was relocating back to our area. She worked for a national company who is moving her from place A to our backyard. The scenario?? Excellent credit! Superb Income, Great Assets.....a lender's dream. We issue a pre-approval and she put
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05/09/2014
There are a few common mistakes that I see borrower do all too often. I see it time and time again. Don't make the mistake that a lot of buyers make. DON'T BUY A CAR BEFORE GOING HOME SHOPPING I can't tell you how many times that I see a new applicant come to me to buy a home. They say "we'
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05/06/2014