Explore Hammonton, NJ

By Karl Peidl, Accredited Loan Consultant
Comments 0
  There is an old adage in the mortgage business that states that if you can improve your interest rate by at least two percentage points, then it is a good time to refinance. While that may work as a general rule of thumb, the truth is that there are many reasons to refinance. Here are a few:Lo...

By Karl Peidl, Accredited Loan Consultant
Comments 6
  Summer marks both the end and the beginning of a cycle. It's a perfect time to reflect on what we've accomplished so far and to plan for what we're hoping to do next. This summer, give us a call. Let's review our successes and prepare for even greater triumphs in the coming years!     Karl Pei...

By Karl Peidl, Accredited Loan Consultant
Comments 0
Mileage Rates for 2009 If you drive a car, truck or van for work, you'll want to make sure you know the standard mileage rates that the Internal Revenue Service (IRS) has set for 2009.These mileage rates are used to calculate deductible costs for driving an automobile for business, charitable, m...

By Karl Peidl, Accredited Loan Consultant
Comments 2
Streamline Your Workspace As the saying goes, "A cluttered desk is the sign of a cluttered mind." How can prospects or clients have any faith in your ability to work on their behalf, if they see a desk overflowing with paper? Or, in this computer age, if they visit your office and watch you spen...

By Karl Peidl, Accredited Loan Consultant
Comments 4
  Consumers are often baffled by the home appraisal process. They may feel their home is worth a certain dollar amount, and therefore, the appraised value doesn't make sense to them. It is important to know that appraisal guidelines are dictated by the lenders. In many states, the lenders must d...

By Karl Peidl, Accredited Loan Consultant
Comments 2
ARM Indexes: A 10-Year Comparison Licensed Mortgage Banker, NJ Department of Banking and Insurance. Licensed Mortgage Banker NYS Banking Department. Licensed by the PA Department of Banking and pursuant to the Secondary Mortgage Loan Act. Not an offer to enter an interest rate lock-in agreement ...

By Karl Peidl, Accredited Loan Consultant
Comments 2
Making Home Affordable. The Saga Continues! In an effort to fill in some of the gaps exposed in the initial Making Home Affordable (MHA) program, Washington has stepped up its efforts to assist more distressed homeowners. In a press release in April 2009, the U.S. Treasury announced an update to...

By Karl Peidl, Accredited Loan Consultant
Comments 4
  If you're lucky enough to own an iPod, or any mp3 player for that matter, then you know just how fun they can be. The idea of converting your CDs into mp3 files and being able to listen to them wherever you go is exciting to say the least.The fun doesn't have to stop there though. The developm...

By Karl Peidl, Accredited Loan Consultant
Comments 2
Once your loan package has been sent to the lender, there are a number of things you should avoid doing that will change your financial picture. Remember, the lender is looking for stability and consistency. If you want the best interest rate, keep that in mind. Here are a few things to consider...

By Karl Peidl, Accredited Loan Consultant
Comments 6
Did you know that all residents of the US have the right to obtain one free credit report from each of the three credit bureaus per year? Since your credit score is more important than ever due to today's tightening credit standards, it's the perfect opportunity to take advantage of this benefit...

By Karl Peidl, Accredited Loan Consultant
Comments 0
  Once your loan application is filled out and sent to the underwriter for review, the first thing they will look for is your ability to payback the loan you are requesting. My team and I have a streamlined loan process to help you get your ducks in a row prior to this review. A grand slam loan ...

By Karl Peidl, Accredited Loan Consultant
Comments 4
The headline story is that values for the country as a whole have continued to decline. However, looking at the market on a state by state basis reveals a different story as there are many exceptions. Following are a few points to keep in mind when you listen to the news.1. For the first quarter...

By Karl Peidl, Accredited Loan Consultant
Comments 0
When it comes to buying a home, consumers can no longer shop for a mortgage based simply on lowest interest rate quotes. Today's home buyer needs good advice from an experienced, educated mortgage professional who has the consumer's best interest in mind. For consumers, this means beware of anyo...

By Karl Peidl, Accredited Loan Consultant
Comments 2
Points are up-front fees paid by the borrower to obtain a better interest rate on a loan. One point equals one percent of the loan amount. And while a lower interest rate may result in a lower monthly payment, it is important to consider how long you intend to be in the loan and to compare curre...

By Karl Peidl, Accredited Loan Consultant
Comments 4
  When shopping for a home, the natural tendency of any buyer is to want to pay the lowest price possible. It's important to keep in mind, however, that the sales price is not the only factor that determines what the monthly payment will be. In fact, the impact of higher interest rates can easil...

By Karl Peidl, Accredited Loan Consultant
Comments 0
Mortgage Backed Securities...What the Fed's Purchases Mean to You You've probably heard that the Fed is buying up billions of dollars worth of Mortgage-Backed Securities. But how does this really impact home loan rates and your mortgage? Basically, the Fed's actions provide a demand for Mortgage...

By Karl Peidl, Accredited Loan Consultant
Comments 0
As the next high school graduating class gets ready for college, tuition has never been a more important issue because of today's tough economy. If you're looking for ways to offset tuition for your kids, private scholarships are still available that don't require perfect grades, a musical genius...

By Karl Peidl, Accredited Loan Consultant
Comments 0
  New $8,000 Tax Credit for First Time Home Buyers Great news for first time home buyers in 2009! Qualified first time home buyers are eligible for an $8,000 tax credit when buying a primary residence. If you haven't owned a home in the three years prior to closing, congratulations! You are also...

By Karl Peidl, Accredited Loan Consultant
Comments 4
    In remembering our heroes, we honor the great sacrifices made for the dreams of every American. May we never forget their strength, courage, and profound willingness to stand up and defend our way of life. We hope this important holiday finds you and your family well and inspires you to reach...

By Karl Peidl, Accredited Loan Consultant
Comments 0
Understanding What Causes Interest Rate Movement The Federal Reserve constantly evaluates the US economy and, when necessary, takes steps to address inflationary concerns and avoid economic recession or depression. The mass media, in turn, reacts by providing a wide range of opinions and interpr...

Hammonton, NJ Real Estate Professionals