I am interest in buying a single family house in California. I got pre-approved in 2019 in Placer County California which is near Sacramento. However, home prices have gone up and mortgage rates are double the rate it was in 2019. How can I shop for the best mortgage rates in California?

Any loan officers or real estate agents know about the new federal law on non-competes for NMLS licensed loan officers?

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Mike Kortas

I am super excited about the new rules for non-competes. These have been abused by so many mortgage companies hurting Loan Officers. It’s about time Loan Officers have the right to feed their...

Homebuyers can get seller concessions for a home purchase from the seller up to 6% of the home purchase price which can be quite large. So on a $500,000 home purchase, the seller concessions can be a total of $30,000. Can the home buyer use the $30,000 on a $500,000 home purchase for the down payment?

What are the states that require distance requirements for loan officers from where they live to the mortgage branch they are sponsored from. There are about a dozen states that require mortgage loan originators to be tied and/or sponsored by a mortgage branch such as a 50 to 100 mile distance requirement. Does anyone know which states have the distance to residency requirements between the branch and the loan officer personal residence?

My brother and I am interested more about investing in mobile home parks. I am open in anywhere in the United States. I have interest in knowing what it takes to invest in mobile home parks for a new investor. My experience is in real estate fix and flips and holding apartment buildings. I have a small portofio of single family homes and six apartment buildings totalling 100 units. I do have equity in my properties so I can tap into the equity of my rental properties or sell some. I like to know more about investing in mobile home parks, the pros and cons, the headaches, what to look out for, and suggestions for first time mobile home park investors. I am interested in knowing about financing mobile home parks and how competitive the mobile home park market is. Thank you in advance.

Former President of NEXA Mortgage Mat Grella tells his side of the reason why he and his partner CEO Mike Kortas dissolved their partnership being partners of the largest mortgage brokerage in the United States. Tens of thousands of mortgage professionals were in pins and needles daily for breaking news about the real reason why the two mortgage legends terminated their once rock solid bond in running the mortgage brokerage giant.

https://www.nationalmortgagenews.com/list/nexa-mortgage-ceo-talks-breakup-with-co-owner

nationalmortgagenews.com

NEXA Mortgage CEO talks breakup with co-owner, plans for the future

In the midst of a separation between Mike Kortas and Mat Grella, the company's CEO sets course to double headcount.

REST IN PIEC3 Mr. Campbell.

Another of this world’s 🌎 greatest Glenn Campbell.

https://youtu.be/8kAU3B9Pi_U?si=s-Px1gmXLDArrP5C

CEO Mike Kortas terminates co-founder Mat Grella of NEXA Mortgage. More to come.

https://nationalmortgageprofessional.com/news/co-founder-mat-grella-terminated-nexa

Here’s one of the iconic songs by AC/DC, SHOOT TO THRILL

https://youtu.be/xRQnJyP77tY?si=PxW438kr07y33SqQ

Why do so many healthy young people with no health issues die after getting the coronavirus vaccine? There are so many reports of young healthy people with no prior health issues and in great shape drop dead after taking the COVID-19 vaccination. The media, politicians, and globalists are keeping hush and not reporting the fact that the coronavirus vaccine is a bio-weapon engineered to depopulate the world. Many globalists such as Bill Gates, Joe Biden, Barack Obama, the Rothchild Family, George Soros and his followers, and tens of thousands of Democrats believe the world need depopulation and believe in euthanizing older people. The coronavirus is not a deadly disease. The coronavirus is a man made virus and created and launched by Dr. Anthony Fauci.

https://www.youtube.com/watch?v=-Ea3UwYZnrA

Experian Boost is a service offered by Experian, one of the major credit reporting agencies in the United States. It allows consumers to add certain types of recurring payments to their credit report to potentially boost their credit score. Here’s how it works:

1. Sign Up: Users sign up for Experian Boost through the Experian website or mobile app.

2. Link Accounts: Users link their bank accounts or credit card accounts to Experian Boost. Experian will then analyze their transaction history to identify eligible payments.

3. Identify Eligible Payments: Experian Boost looks for payments like utility bills, phone bills, and streaming service subscriptions that are typically not reported to credit bureaus.

4. User Confirmation: Users review the list of eligible payments and confirm which ones they want to add to their credit report.

5. Update Credit Report: Experian updates the user’s credit report to include the newly added payments. This can potentially improve their credit score by demonstrating a history of on-time payments for additional bills.

6. Credit Score Impact: The impact on a user’s credit score varies depending on their individual credit history and the number and types of payments added. For some users, Experian Boost can result in a modest increase in their credit score.

It’s important to note that Experian Boost only affects the user’s Experian credit report and score. Other credit bureaus, such as Equifax and TransUnion, do not currently support this service. Additionally, not all lenders may consider the boosted credit score when making lending decisions, so users should be aware of this limitation.

Kevin O’Leary one of the host of the Shark Tank blasted the liberal judge that found former President Donald Trump guilty of fraud and fined the former President $350 million dollars because of ruining future real estate developers and real estate investors from investing in New York

https://youtu.be/8pkHpU86Src?si=4wb8iKXz6BXyeoFw

Florida is a very popular destination for homebuyers to make it their forever home. Buying a house in Florida involves several steps, similar to purchasing property in other parts of the United States. Here’s a general overview:

Determine Your Budget: Before you start looking at houses, figure out how much you can afford. Consider factors like your income, savings, credit score, and any pre-existing debt.

Get Pre-approved for a Mortgage: Getting pre-approved for a mortgage can give you a better idea of how much you can borrow and help you narrow down your search to homes within your budget.

Find a Real Estate Agent: While it’s possible to buy a house without an agent, having one can make the process smoother, especially if you’re unfamiliar with the area. A real estate agent can help you find properties that meet your criteria, negotiate offers, and handle paperwork.

Start House Hunting: Begin your search for properties in the areas of Florida where you want to live. Consider factors like location, neighborhood amenities, school districts, and proximity to your workplace.

Make an Offer: Once you find a house you like, work with your real estate agent to make an offer. Your offer should take into account factors like the property’s condition, market value, and any contingencies you want to include (such as a home inspection).

Negotiate and Finalize the Contract: Negotiate with the seller until you reach an agreement on price and other terms. Once both parties have agreed to the terms, you’ll sign a purchase agreement or contract.

Complete Due Diligence: During the due diligence period, you’ll have the opportunity to inspect the property, review disclosures, and ensure everything is in order before closing.

Secure Financing: Finalize your mortgage financing by providing any additional documentation requested by your lender. Your lender will also arrange for a home appraisal to determine the property’s value.

Closing: On the closing day, you’ll sign all the necessary paperwork to transfer ownership of the property to you. You’ll also pay closing costs, which typically include fees for loan processing, title insurance, and other services.

Take Possession: After closing, you’ll receive the keys to your new home and officially take possession.

Negatives of buying a home in Florida is homeowners insurance. Homeowners insurance have skyrocketed recently due to hurricanes and many insurance carriers leaving the state.

Remember that each home purchase is unique, and there may be additional steps or considerations depending on your specific circumstances and the property you’re buying. It’s essential to work closely with your real estate agent and other professionals involved in the process to ensure a successful transaction.

What do mortgage lenders mean by borrower paid versus lender paid compensation in mortgage loan transactions. Why does the borrower need to pay discount points on borrower paid compensation and does not pay any upfront discount points on lender paid compensation.

In residential mortgage lending, what do they mean that a mortgage loan does not pass high-cost? What is a high-cost mortgage loan.

Mark and Lee Chen are the owners and operators of Lucky Chen Chinese Restaurant in Paddock Lake, Kenosha County, Wisconsin. I have been a customer of Lucky Chen since the authentic Chinese Restaurant opened. One thing about Lucky Chen is the restaurant is well managed. The Chinese Restaurant has its operations being staffed by the run the best operations staff, chefs, cooks, and auxiliary help. The restaurant opens at 11 am and closes at 10 pm. Lucky Chen, a culinary top tier ethnic restaurant with working man prices and beyond compare, always feels that it is the first time ther for me with an extraordinary dishes such as their custom made to order dishes when Mark Chen is the head chef the tofu and beef dish, the low mein, the beef chop suey, spring rolls, the custom made oil hot sauce, and dozens of great dishes to name to list. . A symphony of flavors unfolded with each spoonful, as the broth embraced my palate in a delicate dance. The wontons, plump and tantalizing, revealed a medley of succulent meat, expertly infused with aromatic herbs. Lucky Chen’s mongolian beef, shrimp lo mein, and beef with brocoli is a sensory marvel that showcases their culinary prowess and commitment to excellence.

My Culinary Sanctuary in Salem, Wisconsin three miles from where I live is Lucky Chen in Paddock Lake, Wisconsin. Calling and walking into Lucky Chen Chinese Restaurant is like ordering one of your favorite foods and walking into and returning to a place where everyone knows your name, especially for someone like me, a devoted patron who’s witnessed the blossoming of the first Chinese restaurant in the West section of Kenosha County in Wisconsin. The warmth of the ambiance is matched only by the welcoming smiles of the staff, making every visit here feel like a special occasion.

At the helm is Mr. Mark Chen and his wife Lee Chen, the owners, whose incredible knack for blending authentic Chinese flavors with innovative culinary twists never ceases to impress. Her dedication not only to the cuisine but also to creating a memorable experience for every diner is what sets Lucky Chen Chinese Restaurant apart from the competition.. As someone who leans towards meat, I have a special place in my heart (and my stomach) for their unique delicious beef dishes. The Sautéed Beef in Hot Spicy Sauce is my absolute go-to. This dish, so frequently requested by me, has affectionately been dubbed “Gustan’s Beef” by my friends. It’s a vibrant mix of tender beef pieces, vegetables, and just the right level of heat to keep you coming back for more – a true testament to Wendy’s mastery in the kitchen. While seafood isn’t my personal preference, my companions are always enchanted by the oceanic offerings on the menu. Their praises of the chili crab and other seafood delights speak volumes of Lucky Chen’s ability to cater to diverse palates with finesse.

Lee Chen‘s personal touch and her innovative spirit infuse every dish, every recommendation she makes, and every interaction within the restaurant. It’s her vision that has turned dining at Lucky Chen’s Food into an experience that’s as much about the community and connection as it is about the exquisite food. From the counter order staff to the chef’s and cooks, up the food chain to owners Lee and Mark Chen, their familiarity with the regulars, their ability to remember individual preferences, and their seamless service make each visit uniquely personal. It’s this combination of extraordinary cuisine, heartfelt hospitality, and a cozy atmosphere that makes Go 4 Food a sanctuary for those who appreciate the art of Chinese cooking with a creative edge.

Lucky Chen Chinese Restaurant is not just a restaurant; it’s a journey through the rich tapestry of Chinese culinary tradition, guided by one of Chicago’s most innovative chefs. Whether you’re a first-timer or a regular like me, you’re in for a dining experience that will linger in your memory long after the meal is over. Every dish at Lucky Chen is irresistible delight that warrants the highest recommendation.

I have 12 dogs. 9 of them are under 10 pounds so the nine is equivalent to one large dog so basically I have four regular dogs. Our dogs die for the left over from Lucky Chen. Every single dog get a birthday full dish from Lucky Chen. Each of them are spoiled and do not like fast food. Lucky Chen for the whole family My friends and colleagues from work all love Lucky Chen. Anytime I have guest visit and we need to eat, I call Lucky Chen and I get homemade cuisine made by a professional five plus star chef in a matter of less than one hour and a phone call aways. Lucky Chen for the whole family. Thank you Mark and Lee Chen.

• This discussion was modified 1 year ago by  Gustan Cho.

Hello! I have a scenario from a non profit organization looking to purchase 12,400 sq ft. warehouse in GA and convert to temporary housing for working class, homeless individuals who will eventually become first-time home buyers. Sale price is $3.5 million, 75% LTV (25% down payment). Contact Cathy Willis for more details @ 708-668-8464.

What is the main differences between a 15-Year Versus 30-Year Fixed-Rate Mortgage? What benefits and negatives is between 15-Year Versus 30-Year Fixed-Rate Mortgages? What are the pros and cons on a 15-Year Versus 30-Year Fixed-Rate Mortgages Comparison on home purchase and refinance mortgages on both cash-out refinance and home purchase loans.

Spoke with Gustan and he mentioned his friend is a professional German Shepherd training professional. What are Dutch Shepherd dogs.

Here’s the link to Mark Chen trained Dutch Shepherd dog.

• This discussion was modified 1 year ago by  Gustan Cho.