HomeLendingByChris

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Mortgage and Lending - Keller Mortgage - NMLS#1239544
My blog is a place to share knowledge and experiences of my journey through the mortgage industry. Join me in sharing your knowledge and experiences!
RECENT BLOG POSTS
Debt-To Income Ratios (DTI) play a significant role in qualifying for a mortgage.  Long gone are the days where a Borrower's DTI Ratios could be 67% and higher.  Today most loan products require a DTI Ratio of 45% or less.  One of the few exceptions is FHA which still allows DTI Ratios in the 50...
09/02/2015
The difference between success in life is not measured by money or status but the growth and development of who you are and who you become. The situations we participate in through life provide us with the lessons and examples that ultimately shape who become and how we ultimately define who are....
09/02/2015
How many times have we been in situations where everything falls apart and we did everything we should have? If your me, many times. Here are my suggestions to others who face this struggle in their business. 1. Step Back, Review What Happened. This is critical to make sure you did everything you...
09/01/2015
What Closing Costs to Expect if  You're a First-Time Home Buyer          There's a lot of things to learn and know when hoping to become a First-Time Home Buyer.  It can all seem a bit overwhelming ...     Closing Costs:  Closing Costs are one of the most important things you must know as part o...
08/31/2015
What Do You Want ActiveRain to Do For You? When first discovering ActiveRain and then making the commitment to join the community, many people just jump right in without a goal.  Members join because it seems like such a wonderful community (and it is) and they want to be a part of it.  But asid...
08/31/2015
Don't settle for less. Living a good life is about creating a passion and desire for making the most of your contributions in life. The real benefit of our jobs as realtors and lenders is to create meaningful impact for our clients. This is getting them the house they want. This is helping put th...
08/31/2015
Can you use a FHA 203k loan or a Fannie Mae conventional renovation loan on a multi-unit property? YES! You can renovate 1-4 unit properties with both FHA 203k and conventional renovation loans. The renovation loans also allow you to convert a SFR to a multi-unit and a multi-unit back to a SFR a...
08/30/2015
Dust is the silent hazard to the home and its everywhere. Dust sits on furniture, in the vents, in the door tracks and window sills, and even behind your appliances. This can create a fire hazard easily if not cleaned regularly. Here are some areas to check around your home before fall! 1. Refrig...
08/30/2015
    The Goal line is finally insight!   With less than 10,000 points to go I will realize my goal of 500,000 points here on Active Rain very soon. With a little help from my friends I should make it by the end of September.  Once that happens I will then set my sights on the magic million milest...
08/29/2015
As the business week comes to a close, our business week is just beginning! Open Houses, Offers, Contracts, etc. Hopefully some downtime too. Heading into the week I like to take an hour and organize my days into productivity and relaxing. Here are some of my Friday quick tips for a great weekend...
08/28/2015
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Chris Mamone

Senior Loan Officer
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