How to Compete in a Seller’s Market?


How to Compete in a Seller’s Market?        In most areas of our country, the real estate industry is seeing a marketplace leaning heavily toward a seller’s market.  Low inventory, high competition among buyers, rising prices, and little wiggle room with regard to inspection demands and contingencies are commonplace, all evidence of a […]

Delayed Financing – Cash out for Investment Properties

delayed financing

Delayed Financing – Cash out for Investment Properties   Often times, it benefits an investor to acquire a new property with a cash transaction.  Rather than obtaining a mortgage initially, offering cash can bring about several benefits.  For one, in a competitive market, sellers will often view a cash offer more favorably than a financed […]

Philadelphia Mortgage Refinance

JM Loans: Mortgage Made Easy

Philadelphia Mortgage Refinance   Recently I was able to help a favorite client of mine with his Philadelphia mortgage refinance.  When rates dropped several years ago, we were able to take advantage and help him save a lot of money each month.  After our closing he used a home equity line of credit to do […]

How to cancel PMI (mortgage insurance)

Questions about anything mortgage?  Ask John!

How to cancel PMI (mortgage insurance)   One questions I often get from clients buying a home or refinancing with less than 20% down or 20% equity is “how do I cancel PMI on my mortgage?”.  PMI is a benefit to both the lender and, though harder to recognize, the borrower.  Without mortgage insurance companies, […]

Trended Credit Data is Here

Trended Credit Data is coming to the Mortgage Industry

Trended Credit Data is Here   Trended credit data is making waves in the mortgage industry as a new way for creditors to view applicant’s applications for credit.  In traditional models, credit is viewed by an underwriter as a snapshot in time, whereas ‘trended credit data’ has been created to give a risk manager a […]

Step Toward Success – Advice for Loan Officers

Step Toward Success Education and action are key to moving mortgage professionals toward their goals By John Meussner, loan officer, Mason-McDuffie Mortgage |   As 2016 continues to unfold, people across the country are obsessed with getting in 10,000-plus steps each day to meet their fitness goals. That challenge is in front of them all day, displayed on […]

Future Income Mortgage Loan

Qualify for a mortgage with a job offer

The Future Income Mortgage   Many people think mortgage qualifying involves evidence of current income to the tune of W2 forms and paystubs.  While this is true in many cases (along with tax returns and verifications of employment), there are several other ways to qualify for mortgages.  In recent months, alternative income methods have made a […]

Delaware Mortgage Loans


Delaware Mortgage Loans   Delaware, though a small state by square mileage standards, is a huge state when it comes to the diversity of homes, properties, and mortgage products available.  While some loan officers claim they can do business in every state, the team at JMLoans would argue that Delaware mortgage loans require a loan […]