Doug Jones's (dougj) Blog

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Mortgage and Lending - Mortgage Magic

ARCHIVED BLOG POSTS

2017 

First email I read this morning for one of our banks:FHA just announced they lowered their monthly MIP effective on closing/disbursement dates on or after January 27, 2017. The FHA MIP dropped 25bps in most cases and even more in some other situations. This is a huge improvement!How much improvem...
01/09/2017
Ouch. It hurts to say this but recently I have discovered that I have on several occssions become a Professional Visitor and not a Professional Sales Person.Even if we are working with family and close friends when we are presenting our product or business we must put on the Professional Sales Pe...
01/07/2017
For some reason I woke up this morning thinking about this story. It is a story of wisdom that has been around perhaps hundreds of years but someone out there has not heard it and needs the reminder. A man goes to his Rabbi and complains about his house. "Rabbi”, he says, “my house is way too sma...
01/06/2017
A person called me today concerned that the Fed Discount, Prime Rate, etc will be rising and is considering a refinance. I computed for him the cost of ALL money that he has borrowed and this is the formula to compute blended rates. Note. Interest rates that are averaged will not work because the...
01/05/2017
I posted this on the Internet several years ago and I was surprised at the success. From this short You Tube Video I attracted more than 50 loans over the next year. What made it different? The showmanship.And it was really only a very little bit of showmanship. Looking back it was not even all t...
01/04/2017
I have not taught my Sales Magic Classes for almost 10 years and I first did Pep Talks more than 30 years ago. They always work to some degree. A Course in Miracles says every thought has an effect. Therefor a positive enthusiastic thought has a positive enthusiastic effect. Looking for things on...
01/03/2017