Dave Hershman has been the leading author and a top speaker for the industry for decades with six books authored and hundreds of articles published. His website is www.originationpro.com. If you have a reaction to this commentary or another question you would like answered in this column? Email Dave directly at email@example.com.
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If you’re looking for a magic bullet to get into the purchase market, here’s the bad news: there isn’t one. But that doesn’t mean there aren’t opportunities to seize
Single-premium mortgage insurance allows your borrower to pay for MI in a lump sum, rather than monthly
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The average loan officer’s contact database should be in the thousands – but typically it’s only a few hundred
Many times a loan officer will run the numbers and pick the MI option that produces the lowest payment for the client. But payment isn’t the only factor that should be considered
While using a second to avoid mortgage insurance may be a possibility for some, you’re doing your clients a disservice if you don’t explain all their options