I want to talk today about something everyone is afraid of, but we aren’t afraid of – interest rates! Why are people afraid? Well, over the last couple years, rates have been going up a bit. I’ve put together a graph of the last 20 years of interest rates. This represents what has been going
Dave: This is Dave Boye, live from Portland, Oregon with my daughter, Shatara, who just competed in the Northwest Pacific Regionals. What did you learn today? You were talking to me and had some amazing insight. Shatara: I learned that, to relate figure skating to mortgages, there are many steps you have to go through.
Dave Boye of Black Diamond Mortgage, live from his “man cave!” Today’s lesson is: never let a good deal die – never! It’s one of our principles. Here are a couple examples: We never say the loan is declined in the literal sense, and we never say you “can’t ever” have the loan. What we
It makes a big difference where the originator works or where the loan starts. That is why I’m an independent mortgage broker. When I started, I spent a couple of years working for some other mortgage companies trying to figure this industry out. I had two that didn’t work out very good. I had one
Dave and Maria are talking about investment properties: Dave: A lot of people don’t realize how easy it is to go out and buy another home, such as an investment property. Maria: If you’re in a position where you make enough to cover your current mortgage and expenses, you can actually buy an investment property
Dave and Matt are here to talk about construction loans. There are 2 big issues to talk about when talking construction loans: How are you going to keep your rate locked during the construction process? Options: We have a lender who will give you a 90 day lock and will allow you to float down
Matt Rizzolo of Black Diamond Mortgage with the 6 items that affect your credit score: Amount of inquiries in the past 2 years Important not to have too many Similar inquiries may be treated as one, such as if you are shopping for a mortgage Number of new accounts in past 2 years Don’t open
Dave: Hey friends of Black Diamond Mortgage, Dave Boye and Matt Rizzolo here. Today is National Independent Mortgage Broker Day, and in honor of that, we wanted to talk about six things that make mortgage brokers the best place to get money to buy or refinance a home. One of them might be obvious, but
See story: https://www.cnbc.com/…/homeowners-are-sitting-on-5-point-4-… Dave: Hey friends of Black Diamond Mortgage, Dave Boye and Maria Phelps here. I just saw a headline on MSNBC (just google 5.8 trillion dollars cash in people’s homes and it’ll come up), but they’re bringing up a point that I thought would be good for all of us to
Dave Boye live from Boulder, Colorado with his brother, Erik Boye. Dave: We both went to the University of Colorado and we’re standing here on campus. Black Diamond Mortgage is on the road. When you and I went here, what did it cost? Erik: Well, 30 years ago tuition was about $3,000 a year. Dave: