Lending Environment 2010

 

The Lending environment has completely Changed from years past. New regulation, Underwriting Requirements, and Programs have all been tightened. It is more important than ever to work with a Company who has the customer service, and market knowledge. Without these it is very difficult to navigate the mortgage markets.

Banks have lost their customer service and sometimes have new loan officers who have attended a how-to-introduction meeting. In today’s loan market inexperienced loan officers could result in the denial of your loan.

Here at Christopher Paul Financial, LLC, we are up to date and trained in all aspects of the current market. We are also trained in and provide Government insured loans, which are very important to the market place right now. Although the lending industry is facing very tough times right now, we still have money to lend. The key factor will be choosing the right company for your financing needs. With the backgrounds of the Loan Officers and Management at Christopher Paul Financial, we can say with certainty, your family‘s future is in the right hands.

Please feel free to search our Website and ask to chat with one of our representatives. We want to earn your business!!!

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Real estate in emerging economies on the rise; U.S. outlook improves
7/29/2010 2:40 AM
Survey: Property markets in South America, Asia and Eastern Europe show strong growth in 2Q; U.S. outlook improves.
 
Floridians' consumer confidence falls slightly
7/28/2010 2:06 AM
Confidence falls two points to 65 - lowest in 16 months - amid concerns about personal finance, oil spill's economic impact.
 
The Conference Board Consumer Confidence Index declines again
7/27/2010 2:02 AM
Concerns over business conditions, jobs result in a more pessimistic short-term outlook. The Index drops to 50.4 in July.
 
CNN Money poll: Top 25 towns with affordable homes
7/26/2010 2:59 AM
Residents in these 25 towns get more bang for their buck, says magazine poll. Two Fla. cities rank No. 1 and No. 4.
 
Report finds most complaints allege disability discrimination
7/26/2010 3:05 AM
Annual report covers year of investigations. Disability logs 44% of all complaints; 31% based on race; 20% family status.
 
Viral email raises real estate tax fears
7/26/2010 3:13 AM
A circulating email claims that a new 3.8% sales tax on all real estate sales will pay for Medicare - but it's not true.
 
Oil spill scam: Don't trust all email
7/23/2010 1:51 AM
An email that appears to be from the chairman of BP offers settlement money in exchange for personal info.
 
Amendment 3 off Nov. ballot for now
7/23/2010 3:59 AM
Proposed amendment to the Fla. Constitution gives first-time buyers a property tax credit; Supreme Court appeal expected.
 
HUD investigation: Pregnancy discrimination
7/22/2010 2:57 AM
Denying a loan violates the Fair Housing Act, providing the mother intends to return to work after pregnancy leave.
 
Florida's existing home, condo sales rise in June 2010
7/22/2010 3:03 AM
Statewide sales up 17% compared to June '09; condo sales up 33%. Fla.'s June home median price higher than May's.





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