Mortgage Street Smarts

Follow me
Mortgage and Lending - CMG Mortgage, San Diego, CA - NMLS 259027
From a young age, we learn the difference between BOOK SMARTS (knowledge learned in the school classrooms) and STREET SMARTS (what we learn in the "Real World"...often the hard way). There are no shortage of websites providing the BOOK SMARTS of the Mortgage Industry, but there are very few resources a Consumer has to learn about the STREET SMARTS of the Mortgage Industry. Please feel free to SUBSCRIBE (for free) to this ongoing source of truthful knowledge (without the worry of a "sales spin" buried somewhere in the message). After all, we tend to make better decisions when armed with the facts...the purpose of this blog is to provide FACTS by teaching you the MORTGAGE STREET SMARTS necessary to run your business (if you are a Real Estate Professional) or to make the best decisions for your family (if you are a Consumer). Enjoy!
Beware of where you get your facts about the Mortgage Industry.  Between the Media and Politicians, there is a high probability of fragmented and/or slanted information being disseminated over the airwaves.  In this video below, you will hear from an industry professional providing a summary of w...
As a Mortgage Professional who has originated residential mortgage loans for 20+ years, I can definitively say that I have NEVER had a Borrower who wanted a HIGH Interest Rate, nor have I ever worked with a Borrower who wanted High Fees (i.e. Non-Recurring Closing Costs). With the above in mind, ...
  Nearly every Divorcing Homeowner has at least 4 distinct PUZZLE PIECES to connect before finalizing their Divorce.  Puzzle Piece #1 is DIVORCE LAW – Among other logistics, this process involves the Courts, Contracts, and a Judge. Puzzle Piece #2 is IRS TAX LAW – there might be SIGNIFICANT TAX I...
Real Estate Agents, Fannie Mae & Freddie Mac have just announced their new Conforming and High Balance Conforming Loan Limits for 2020.  Do you know how to articulate this great news to your Clients?  Here are a few talking points:  There are 3 categories of loan types (based on the LOAN AMOUNT) ...
For the last 20+ years, Jason Gordon has helped many Homebuyers & Homeowners as a Residential Mortgage Loan Officer in San Diego, California.  To learn more about how Professional Colleagues view Jason Gordon and his services, please watch the short testimonial montage video below.   Jason Gordon...
Whether you are a Real Estate Agent or a Mortgage Lender…WE ARE REAL ESTATE PROFESSIONALS, and it is our underlying duty to help our clients manage through transitions in their lives. We help people manage their way through life transitions There are 2 types of transitions our Clients experience ...
How much income do you need to buy a Median Priced Home in San Diego, CA? According to a report published by KUSI News on April 22, 2019, you need $131,640.79.   What if I told you that instead of needing to make $131,640 to buy the Median Priced Home in San Diego, you only needed to make $83,976...
As a 20+ year veteran in the Mortgage Industry, I have had to learn (quickly) to embrace the things that I cannot control...even if those things directly impact my business (and the way others perceive how well I am doing in my business).  Amongst those "external variables" (outside changes) that...
FHA or Conventional...this is often the question.  The purpose of this article is to help you (and/or your Clients) articulate the pros & cons of each from an objective perspective. FHA - Stands for Federal Housing Administration with guidelines handed down from the Department of Housing & Urban ...
Divorcing Homeowners need the help of ethical, knowledgeable and proactive Real Estate & Mortgage Professionals to work in harmony with their Legal & Tax Advisors.  With all of the emotions running high amidst a time where pivotal decisions must be made by these Individuals, we Real Estate & Mort...

Jason E. Gordon

Contact The Author

Author Bio: Jason Gordon is a Residential Mortgage Specialist in San Diego, CA. He combines ethics, education, and experience while helping Homebuyers and Homeowners to achieve their financial goals.View all AR Posts By Jason Gordon

  • Blog
  • Google+
  • View Jason E. Gordon's profile on LinkedIn Find California MLS Listings