Mortgage Broker Dustin Dumestre
Mortgage BrokerForum Replies Created
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Areas like Alabama, Arkansas, Mississippi, and Georgia are great states to pick up homes as rental income. Low prices for quality single-family homes in great neighborhoods.
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The land of 10,000 lakes! Amazing place for boaters and people who love to ice fish.
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I have a good friend here in Utah that is a finance manager with a national RV retailer that buys & sells all types of RVs and can check inventory nationwide. Let me know if anyone ever has an itch to get in this game.
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I have friends in this area and they are always telling me to keep it quiet about how beautiful it is in South Dakota. The winters are brutal though. Great place for a hideout!
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Sounds about right!
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Excellent! Anything we as Mortgage Advisors can do to help our borrowers prepare for a home purchase or C.O. Refi is worth looking into.
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@gustan-cho I think you are on the right track with a housing price reset. With the FED increase of another 25 BPS yesterday to attempt to slow inflation it is more important than ever for borrowers to make sure they are doing everything they can to not get that 30-day late on their credit report. Especially with FHA. I just had to tell a borrower we could not move forward due to several late payments that were recently posted on their credit report. A manual underwrite may work in specific situations, but getting the word out to our borrowers to make sure they are not missing critical payments that report to the credit bureaus is crucial. This is a topic I will discuss in my blog post and FMM Friday Mortgage Minutes this Friday.
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That is on my to do list for this new website.
