Jay Beckingham's (jayb) Blog

If that's your desire I suggest you keep buying those lotto tickets. (you've done so well, so far) or maybe the following will help. Are you familar with the following term, it's Japanese Kaizen;   improvement, change for the better, activities that continually improve all functions that definiti...

So what's so bad about cash? Mortgage lenders just don't like it, and they'll prove it to you. Hypocracy; let me be a little clearer here. You can make your payments in cash (sometimes), but it won't help you acquire a mortgage, rather it may help you get turned down.   I teach a segment in a Hom...

So you want to buy a home in Cape Coral? How much of a downpayment is required? If it's a primary residence often... NONE How about Ft. Myers? Same situation, same deal...None If you're purchasing a home in Southwest Florida there may be programs availble that do not require a Downpayment. Here's...

Two-thirds of Dodd-Frank still not in place so says Jennifer Liberto of CNNMoney. That would also mean only one third of the new rules have actually been implemented Why are we not surprised. The legislators are obviously much better at writing and politicizing legislation than they are at implem...

You know at times all this social media, and blogging stuff just confuses the daylights out of me. So if I don't make my points as clearly as possible please, forgive me. But, here's how the story goes. Actually. I'm over on Facebook and I notice that Steve Loynd is referencing a post he wrote, a...

Why wouldn't a perspective homebuyer not take a homebuyers education course? Obviously, first time homebuyers should, right? do you agree? Why not those who have previously owned a home? I can tell you just from a mortgage perspective there have been a great deal of changes over the last couple o...

Well not really, at least not yet but, while we're on the subject; CNNMoney reports; CFPB to supervise credit reporting agencies: credit reporting agencies will soon be subject to federal oversight for the first time September 30 (remember this date) Under the new rule that takes effect September...

Do you live in Ft. Myers? Cape Coral? Lehigh Acres? Port Charlotte? or anywhere else in Southwest Florida? Are you a First Time Homebuyer? a little hint (help) here; the definition of a first time homebuyer, for our purposes, is anyone who has not owned a home in the last 3 years Do you need some...

Okay I teach a segment of a first time homebuyers course in regards to the mortgage process. One of the things we cover is the documentation which is required to obtain a mortgage. But do we really know up front everything that is needed? Actually No, it's a mystery But as a loan officer, here's ...

well do ya? or are you just going to wave your flags, put on a nice shirt, maybe with an eagle or something on it, and leave actually helping Veterans acquire homes to someone else. You may disagree, and you may argue with me, but I am thoroughly convinced that there are many Veterans who could b...