Joe Schmitz's (joeschmitz) Blog

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Mortgage and Lending - Summit Mortgage Corporation
RECENT BLOG POSTS
Foreign Currency Mortgages  Foreign Currency Mortgages allow clients to leverage stable, low cost of funds from other countries which dramatically increase the cash flow on Income Properties  What's so great about a foreign currency mortgage?  •·         Very Low Interest Rates (as of Feb 4):•o  ...
02/11/2008
3 Comments
  VA Loans with a NO closing cost option; I pay all the non-allowable fees! Now up to $1.5 Million!•·       MCC! Which can also be combined with VA•·       Stated income products still available•·       Commercial Loans: All property types!•·       100% financing even for credit challenged borrow...
01/14/2008
VA Loans Up to 1.5 Million! (I'm still payment all non-allowable fees!)Here is how it works:        VA will guarantee up to a purchase price of $625,500. In addition, the VA jumbo product requires a down payment. Here is how you calculate the down payment:          Purchase price + funding fee - ...
01/14/2008
 Colorado Federal Savings Bank is an equal housing lender, federally chartered thrift and loan, Member FDIC and a direct lender of commercial real estate first mortgages nationwide since 1990. Today Colorado Federal Savings Bank is the second most profitable thrift and loan which in today's uncer...
12/05/2007
 Colorado Federal Savings Bank is an equal housing lender, federally chartered thrift and loan, Member FDIC and a direct lender of commercial real estate first mortgages nationwide since 1990. Today Colorado Federal Savings Bank is the second most profitable thrift and loan which in today's uncer...
12/05/2007
 Colorado Federal Savings Bank is an equal housing lender, federally chartered thrift and loan, Member FDIC and a direct lender of commercial real estate first mortgages nationwide since 1990. Today Colorado Federal Savings Bank is the second most profitable thrift and loan which in today's uncer...
12/05/2007
 Colorado Federal Savings Bank is an equal housing lender, federally chartered thrift and loan, Member FDIC and a direct lender of commercial real estate first mortgages nationwide since 1990. Today Colorado Federal Savings Bank is the second most profitable thrift and loan which in today's uncer...
12/05/2007
We've got some great new commercial products! Wonderful programs for developers. Loans from $300k-$11Billion! Below is a list of some of these new programs. We get fast turn around time to get your deal done quick! Acquisition and DevelopmentLand LoansBridge LoansHard MoneyConstruction LoansTake ...
11/19/2007
5 Comments
I know a lot of lenders have been closing their doors lately, which is extremely frusterating. We're still here and going strong. We have our own funding! We're not going anywhere. Still offering: -100% financing for credit scores as lot as 620! -VA loans, I pay all the non-allowable fees! No FIC...
11/07/2007
I've still got great products for your home buyers! Check it outVA Loans with a NO closing cost option; I pay all the non-allowable fees!MCC! Which can also be combined with VAStated income products still availableCommercial Loans (NEW!) All property types!100% financing even for credit challenge...
10/24/2007
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Joe Schmitz

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