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Loans, Buy Down Mortgage, Save money, Money, Mortgage

Loans, Buy Down Mortgage, Save money, Money, Mortgage


I found a great resource for people looking for ways to save tons of money on accumilating interest.
Its called “How to knock 9 years off your mortgage.”

I feel that mortgage brokers should be the “good guys” when it comes to owning a home. When a lot of money is moved around in real estate there is definitely room for greed’s nasty face to show up. If banks had it their way they would be constantly lending money to you and gaining tons of interest on that money. It’s what they’re good at. Although its not all that bad. If you know how to make it work to your advantage! Do your homework. Study how a mortgage can work for you. And if youre reading this, you are moving in the right direction.

The reason why we should be the good guys is that we’ve already done the homework, we know the material. We should be guiding clients in the best possible direction just as a financial planner would. We should be earning our comission through good sound advice and life long/Mortgage long guidance. We SHOULDN’T be putting people into loans we know they can barely make it by. Why let the public suffer with a sub par quality of life paying tons of money towards a mortgage they cant afford? But thats what was happening for a while.. knowlegeable mortgage brokers letting their loan officers solicit without the clients best interest in mind. Greed played a big part in the mortgage meltdown. I’m hoping to help turn it around one loan at a time.

*UPDATE* I am a finishing up my degree and classes had just started a week ago. There is a lot of transformations going on and I would like to apologize to the readers of this blog for not posting regularly like I should. There has been a few changes.

The Down Payment Assistance programs are most likely going to be non existant by october 1st of this year. This is very close. It will be one of the Bush administration’s final blow to the mortgage industry. Although I understand the reasoning behind its dismantlement, the down payment assistance program helps alot of renters that don’t want to throw their money out the window with monthly payments to their landlords. It will be devistating to many.

*Exciting News* – Ford Financial is now one of 3 institutions helping with a 220 apartment units transition into condominiums. This is great for us because the other two banks have a limit credit score or they can’t do the conversion. I know we will help alot of people stay in their homes.

If you have any questions about your current mortgage, credit repair, or getting a mortgage please contact us today!

Not many people know about this topic. But it is definitely a rising discussion. We just started a credit restortion LLC called FORD CREDIT RESTORATION LLC. We are marketing services for credit repair for people struggling getting a decent interest rate or people even struggling to get a loan at all.

What we can help with

Lower interest rates for
-Auto loans
-Mortgages
Lower Insurance premiums
Lower credit card rates
Remove debt
Stop the creditor harrasment
Get a will
Get a living trust
Boosted credit score

Check out our Credit Repair Blog

or visit our Credit Restoration Site

There is a Woman were dealing with right now and she filed for bankruptcy about 7 months ago. Most people wouldnt think they could get a mortgage after a chapter 13 medical bankruptcy, but we are getting it done here at Ford Financial. Thats what makes us REALLY different, Sharon has the connections to get things done whether you are a perfect borrower and are looking for a traditional 30 year fixed rate mortgage or not so perfect and are still looking for a loan. 

So what does someone like this need to know?

You dont need to wait 4 years, 3 years, or even 2 years from the date you filed for bankruptcy. All you need to do is wait 1 year, pay all of your bills on time, and write up a really heart felt explanation letter about why you filed, and the circumstances life threw at you. If your self employed  you need to also show letters that you still have that client base that you had before the bankruptcy and business is still strong.

ALSO it doesnt hurt to have some credit repair done.. We now also have a new LLC called Ford Credit Restoration which I will most likely post about in the near future. Its amazing what theyre doing with credit repair today.