Daniel Eckenrode's (freestatemtg) Blog

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Mortgage and Lending - Free State Mortgage, LLC

ARCHIVED BLOG POSTS

2007 

How Much Do You Want To Earn?Gross Revenue is not income.  Revenue is the gross earnings before expenses and taxes.  Net Income is what you keep after all is said and done. Let's face it, that is what matters.  You can earn $1,000,000 but if it costs you $990,000 how much did you really make? If ...
04/20/2007
Answer: A reverse mortgage is a loan where the lender pays you instead of you paying the lender. Home equity is tapped to make these payments, which can be lump sum or monthly. Generally, reverse mortgages do not need to be repaid until you sell your home. Reverse mortgages are often used for ret...
04/20/2007
There is no doubt that the real estate market has slowed down and is not the hot market we had from 2002 to 2005. The news media is quick to point out that more homes are on the market and that sales are down. Given the current market, is now a good time to buy a home?"But the market is turning a...
04/04/2007
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Daniel Eckenrode

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