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Loan Process Seminar
Today I attended a post-licensing class at WAAR about learning the loan process. It was both informative and necessary. We as realtors cannot be too knowledgeble when it comes to the loan process. If we help our clients stay on target with what they need to do and provide to the loan officers it makes out job easier and hopefully makes the closing run smoothly. I learned that in the past 6 weeks the interest rates have increased about 1.25% which is pretty unbelievable considering the feds dropped their rates. You would have thought rates would have gone down! Mortgage guidelines are tightening up but for people with strong assets and credit - it is a great time to buy! |
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May, 2012
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