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Home Financing 101

Thursday, August 24, 2017. How LIBOR Will Affect Your ARM. LIBOR (London InterBank Offered Rate) is an index set by a group of London based banks, and sometimes is used to determine the rate for U.S. adjustable rate mortgages. In 4 years, LIBOR will be going away. So what does that have to do with you? Well nothing, UNLESS you have an adjustable rate mortgage. When this changes it will create uncertainty for a borrower who can’t figure out what the rate is going to be. So what do we know? As of today, it...

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Thursday, August 24, 2017. How LIBOR Will Affect Your ARM. LIBOR (London InterBank Offered Rate) is an index set by a group of London based banks, and sometimes is used to determine the rate for U.S. adjustable rate mortgages. In 4 years, LIBOR will be going away. So what does that have to do with you? Well nothing, UNLESS you have an adjustable rate mortgage. When this changes it will create uncertainty for a borrower who can’t figure out what the rate is going to be. So what do we know? As of today, it...
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Home Financing 101 | chrisscheer.blogspot.com Reviews

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Thursday, August 24, 2017. How LIBOR Will Affect Your ARM. LIBOR (London InterBank Offered Rate) is an index set by a group of London based banks, and sometimes is used to determine the rate for U.S. adjustable rate mortgages. In 4 years, LIBOR will be going away. So what does that have to do with you? Well nothing, UNLESS you have an adjustable rate mortgage. When this changes it will create uncertainty for a borrower who can’t figure out what the rate is going to be. So what do we know? As of today, it...

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Home Financing 101: What You Should & Shouldn't Do During the Loan Process, Part 1-What You ...

http://chrisscheer.blogspot.com/2013/09/what-you-should-shouldnt-do-during-loan.html

Friday, September 27, 2013. What You Should and Shouldn't Do During the Loan Process, Part 1-What You . In this two-part video series, I explain some of the things you should and should NOT do during the loan process. These are things we want our clients to be aware of upfront, so that there are no surprises. And some of these may surprise you! Posted by Chris Scheer. Subscribe to: Post Comments (Atom). Cornerstone Mortgage- Senior Loan Officer and Regional Manager. View my complete profile.

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Home Financing 101: January 2014

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Thursday, January 16, 2014. Qualified Mortgages: What It Means for Our Clients. For more than a year, Cornerstone Mortgage has been gearing up for the changes in the mortgage industry. We. Have had fair warning about the new rules and were fully prepared for. January 10th, 2014, the day the regulations drawn up by the (CFPB) Consumer Financial Protection Bureau went into effect. But here are a few of the basics. Loans to borrowers who have the ability to repay the loan. No terms over 30 years. Borrowers,...

3

Home Financing 101: September 2013

http://chrisscheer.blogspot.com/2013_09_01_archive.html

Friday, September 27, 2013. What You Should and Shouldn't Do During the Loan Process, Part 1-What You . In this two-part video series, I explain some of the things you should and should NOT do during the loan process. These are things we want our clients to be aware of upfront, so that there are no surprises. And some of these may surprise you! Posted by Chris Scheer. Tuesday, September 24, 2013. How To Stay Afloat, in a Drowning Mortgage Market. Watch : "How Do You Know If You Should Refinance? I am pro...

4

Home Financing 101: February 2014

http://chrisscheer.blogspot.com/2014_02_01_archive.html

Friday, February 7, 2014. Can Medical Bills Cripple Your Chances for a Mortgage? Almost 1 in 6 credit reports contain a medical debt collection, according to the Federal Reserve. Collections are considered a derogatory item and will hold the most weight when it comes to affecting a credit. Score (30%). So if you have a medical collection, it will negatively affect your score and could change whether you qualify for a mortgage or not. What you should do:. For large medical bills, agree to a payment plan.

5

Home Financing 101: February 2013

http://chrisscheer.blogspot.com/2013_02_01_archive.html

Friday, February 22, 2013. Cornerstone Mortgage approved as a Proloan Lender. Proloan is a financing program that provides free extended protection against rising interest rates to buyers who are purchasing new homes built by skilled union craftsmen. Cornerstone Mortgage is one of only FIVE lenders in the St. Louis Region with the ability to offer this program. For more details, please contact a member of Your Residential Lending Team and visit:. Http:/ www.proloan.com/index.html. Have a great weekend!

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Chris Scheer - Cornerstone Mortgage

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Find A Branch / Loan Officer. 17280 North Outer 40 Road, Suite 100. Chesterfield, MO 63005. YOUR RESIDENTIAL LENDING TEAM". Be sure to contact Chris for your “Mortgage Fitness Checkup” and “Free Identity Theft Screening.”. Lisa Describes Her Experience With Your Residential Lending Team. Kayla and Brad Roberts Testimonial. A Testimonial from Barb. James and Maria Francois. 17280 North Outer 40 Road, Suite 100. Chesterfield, MO 63005. Are you a: *. How Did You Find Us? How Did You Find Us? Are you a: *.

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Home Financing 101

Thursday, August 24, 2017. How LIBOR Will Affect Your ARM. LIBOR (London InterBank Offered Rate) is an index set by a group of London based banks, and sometimes is used to determine the rate for U.S. adjustable rate mortgages. In 4 years, LIBOR will be going away. So what does that have to do with you? Well nothing, UNLESS you have an adjustable rate mortgage. When this changes it will create uncertainty for a borrower who can’t figure out what the rate is going to be. So what do we know? As of today, it...

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