tag:searchlightcrusade.net,2024:/mt//feed/biweekly 2024-05-04T17:40:03Z Movable Type 4.21-en 12 1 12 tag:www.searchlightcrusade.net,2009://3.4600 2021-08-24T14:00:00Z 2021-08-24T12:33:32Z Dan Melson http://www.searchlightcrusade.net/ It seems every week I get asked about some new or revived trick that loan providers are pulling. The one thing they all have in common is that they are methods to avoid competing on price. What the basic terms... tag:www.searchlightcrusade.net,2008://3.4441 2021-05-30T14:00:00Z 2021-05-30T14:38:58Z Dan Melson http://www.searchlightcrusade.net/ (Rates were much higher when I originally wrote this) Recently, a couple of mortgage places have been advertising "30 year fixed rate loan at 5.65%" like that's the lowest rate out there and it's some kind of great loan. It's... tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2713 2021-04-05T14:00:00Z 2021-04-05T14:00:46Z Dan Melson http://www.searchlightcrusade.net/ Sometimes spam makes writing an article all too easy. Here is a piece of spam I got, probably because my email at work contains "realestate.com", with identifying information taken out. This goes to show that the financial ignorance of most... tag:www.searchlightcrusade.net,2008://3.4054 2020-12-05T15:00:00Z 2020-12-05T14:50:05Z Dan Melson http://www.searchlightcrusade.net/ Yet that is exactly what you want them to do. To avoid competing on price, they have all kinds of distractions they offer to make life more convenient, but not cheaper. They offer automatic payment options, the convenience of having... tag:www.searchlightcrusade.net,2008://3.3976 2020-11-01T15:00:00Z 2020-11-01T14:40:45Z Dan Melson http://www.searchlightcrusade.net/ The recent hot thing in mortgage circles is a mortgage accelerator program. I've heard other things, most notably biweekly payment programs, called mortgage accelerators in the past, so let me take a moment to define exactly what I'm talking about.... tag:www.searchlightcrusade.net,2009://3.4878 2020-10-04T14:00:00Z 2020-10-04T15:41:11Z Dan Melson http://www.searchlightcrusade.net/ For a couple years, Mortgage Accelerators, or Money Merge Accounts, were the thing that everyone was pushing. I got so much junk mail about this from more originators (who don't know who I am) and wholesalers (who should) that I... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2495 2020-09-06T14:00:00Z 2020-09-06T13:53:38Z Dan Melson http://www.searchlightcrusade.net/ From an email: I was wondering if you could tell me whether the following ways to save on interest are actually possible. If they are what are the penalties typically associated with these suggestions. I know you have mentioned a... tag:www.searchlightcrusade.net,2008://3.3912 2008-03-20T14:00:00Z 2009-11-07T16:06:18Z Dan Melson http://www.searchlightcrusade.net/ Mortgage Accelerators, or Money Merge Accounts, have become the thing that everyone's pushing of late. I have gotten so much junk mail about this from more originators (who don't know who I am) and wholesalers (who should) in the last... tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2867 2007-07-16T17:00:52Z 2022-06-20T16:24:31Z Dan Melson http://www.searchlightcrusade.net/ It seems every week I get asked about some new or revived trick that loan providers are pulling. The one thing they all have in common is that they are methods to avoid competing on price. What the basic terms... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2572 2006-12-26T18:01:01Z 2022-04-18T14:28:21Z Dan Melson http://www.searchlightcrusade.net/ Yet that is exactly what you want them to do. To avoid competing on price, they have all kinds of distractions they offer to make life more convenient, but not cheaper. They offer automatic payment options, the convenience of having... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2549 2006-12-07T18:01:46Z 2022-04-18T14:14:51Z Dan Melson http://www.searchlightcrusade.net/ The most recent hot thing in mortgage circles is a mortgage accelerator program. Now I've heard other things, most notably biweekly payment programs, called mortgage accelerators in the past, so let me take a moment to define exactly what I'm... tag:gockel.hmdnsgroup.com,2005:/~searchli//3.2001 2005-11-16T18:01:04Z 2021-12-13T17:11:43Z Dan Melson http://www.searchlightcrusade.net/ Sometimes spam makes writing an article all too easy. Here is a piece of spam I got today because my email at work contains "realestate.com", with identifying information taken out. This goes to show that the financial ignorance of most...