So, I’m sipping coffee this morning and an email pops up. It’s from my big wig boss, whom I’ve not had the pleasure of meeting in person yet. It says that the results are in. Academy Mortgage is now in the #1 position of independent lenders in the United States. I knew we were good,… Continue Reading
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TenDayClose.com and Academy Mortgage: Why we made the move.
Recently our team made a move over to, what I would consider, our chief competitors. The old saying goes, “if you can’t beat ‘em, join ‘em”. …and we did. Academy Mortgage is home to Ten Day Close, and is the #3 mortgage company in Maricopa County, behind Bank of America and Wells Fargo. Academy Mortgage… Continue Reading
HomePath, Welcome Home. Buy a House with Low Down, No PMI, No Appraisal? Yes!
HomePath loans from Fannie Mae provide home buyers an opportunity to purchase a home with low down payment, no PMI, no appraisal, and Seller paid closing costs. Owner Occupants and Investors are welcome to enjoy the benefits of HomePath…. Continue Reading
It’s Getting Harder to Get Approved for a Home Loan
The economy’s improving but lending standards are not. Nationally, banks are making mortgage approvals harder to come by. Underwriting guidelines are tightening. The data comes from the Federal Reserve’s quarterly survey to its member banks. The Fed asks senior bank loan officers around the country to report on “prime” residential mortgage guidelines over the most… Continue Reading