Ron's Blog

  Many borrowers and/or agents think they know the best mortgage financing solutions available today, and that may be true for some but not for others.... the easiest, fastest or lowest interest rates made available is not always the smartest way to go.... for instance  if you were to do a conven...

HELP US GET A MORTGAGE... BANK SAID NO!                 During the past few years the government rules in obtaining a mortgage have become more difficult. In their commitment to manage mortgage defaults in the future they believe having stricter guidelines is the answer. And that is fine if there...

Date: February 25, 2012     From: Mortgage Services, Inc.             Ronald A. Giannamore             800.922.3210     Re: FR-5572-N-01 FHA Risk Management Initiatives               To All Concerned Parties,   This comment is directly associated with FR-5572-N-01 FHA Risk Management Initiatives....

Purchasing a home has become more difficult for thousands of first time home-buyers over the past 4 years and will continue to get more difficult over the coming years. Yes, rates are at their historic lows but most people are not qualifying because they can't afford the payments but thier lack o...

Down payment assistance can come in a many different forms ranging from loans, to grants to gifts... depending on your qualifications and in some case the property location can make a big difference in what a borrower can qualify. The best approach is planning ahead... many times we see first tim...

Often we hear clients call our office telling us what they want.... we often explain to them that in-order to get what they want they NEED to take some actions that will allow us to get them what they want... the problem is many are not listening to what we've just shared with them which ultimate...

If you've been in the business for at least 5 years you know the game has changed, at least in the lending arena. The banks, government and mortgage companies are no longer approving borrowers like they have in the past. They continue to request more and more item in the mortgage approval or preq...

The truth is there is NO secret! The simple fact is that lenders and the government have not changed the areas of focus, income, credit, and -..... They have just increased standards for approval. They no longer are willing to accept borrowers who have not demonstrated the ability to manage the r...

For those of you who have tried over the past few years to help your clients, this letter might shed some light. I will keep you posted on the results of it if I am lucky enough to get a response. Recent sent letter to MakingHomeAffordable (Hope Program): To Whom It May Concern,  My name is Ron G...

New SUBPRIME LENDER's!! For those of you who didn't know there's been a few new SUBPRIME LENDER's in the game! That's right a few! Two to be exact! They've been around for a long time and no one would have ever consider that SUBPRIME LENDING would ever rear it's ugly head again, but it's here. Fa...