Mortgage Resources

Day 1 Certainty

Day 1 Mortgage Approval Certainty- Better than a Rocket!

The best way to get a purchase offer accepted, is with a convincing loan approval! Some lenders are advertising “rockets” and suggesting that anyone can just push a few buttons to receive a loan approval.   Black Diamond Mortgage Corporation IS partnered with wholesale mortgage lenders that DO offer a digital underwriting approval that eliminates […] Read more

Don’t celebrate before the buzzer.

Have you ever experienced the last 3 minutes of a game? It could be any game. Even a game that doesn’t have time constraints. It could be the last inning, race, 20 meters…. I am referring to the moment when you could either give up, or keep pushing forward……

When we look at these last few weeks of December, we find ourselves filling out goal charts and ideas for the next year. We list out our goals and hopes for the next month, quarter, and year. But what we may forget is that the last few weeks of the year, can actually make or break our future. At Black Diamond Mortgage, we are working to get people into the their homes before the end of the year….but what would happen if we slowed down? Right before the end of the year?

Imagine this: you are playing a basketball game. You are ahead by 10 points with 3 minutes to go. You feel you have already won the game…..but, little do you know, your opponent is still trying to score so they can beat you. But, you slack off, and suddenly, you have 30 seconds left and the team you were playing is now 2 points behind you. Then they make a 3 pointer with 20 seconds left, they are ahead…..

OR Imagine this: You feel you have already won the game, but you aren’t letting up. You have 3 minutes, you are up by 10 but 10 points is still way too close. So you take a deep breath, look at the clock and say “I can do this, it’s only 3 minutes.” You find yourself running harder than you have ever ran. Stealing balls, driving the basket and working to find your open teammates so you can increase the gap. The other team is fumbling and end of putting you on the foul line. You take a breath, and sink more free throws to widen the gap even farther. You are NOT letting up.

The buzzer sounds. Have you won or lost the game?

As in a Mortgage Transaction, things always come up. Especially in the last 3 minutes. It is critical that we don’t ‘let up’ and ‘give in’ when we think it is over. As we end our year, we want to make sure our clients start their New Year off right and it starts with how we, at Black Diamond Mortgage, end our December.

How are you going to end your December? Are you going to back off and let it ride, or are you going to give it all you’ve got to finish tough!

Here are 5 things you can do to make December your best month.
1. Finalize ANY project in process – Don’t let it go to next year….get it done now!

2. Send a Christmas Card – December is a great time to reconnect with clients. Send them a Merry Christmas note!

3. Plan for ‘This Time’ next year. Focus on where you want to be next December. It’s great to plan out the year, but big milestones will greatly impact your overall business goals.

4. Take a breath of fresh air. Don’t forget to take some time for yourself to reflect on the past year and what you did great!….BUT don’t dwell on past mistakes as it won’t do any good if you look at these in detail. Take the position of ‘I will get the job done’, and stick with it.

5. GET IT DONE! Walk out of 2016 feeling like you have already set yourself up for a positive new year. Don’t be frazzled come January 2nd. Feel empowered to keep moving forward in January.

And….

Don’t be caught at the buzzer wishing you would have given it more at the end….

Tips to buying your first home

Tips to Buying your First Home

Buying a home can be either one of the best or worst decisions you ever make and when you decide to give it a try, it is a thought-provoking process. A process that some people may have a hard time understanding. Last year, we bought a home. When you have 2 eager kids, it is […] Read more

HOme construction Montana

Building your Dream Home – Construction Loan Options

Is building your dream home at the top of your New Year’s Resolution list? How about a VA, or FHA-Backed Construction Loan with no extra money down, and no extra credit score or income requirements? Well, now it is possible to receive a true Construction Loan originated by Black Diamond Mortgage with our ‘1 Time […] Read more

Buying a Home

How Much ‘Home’ Can We Afford?

The question is not about the ‘size’ of the shoe but about how well the foot fits! First off, it is important to understand your overall debt before looking at buying at home. This includes everything from your regular monthly living expenses, to your credit card debt, loans (including student loans, car payments, unsecured debt) […] Read more

How to improve your credit score

6 Easy Ways to Improve Your Credit Score

With all the different kinds of information that credit scoring models incorporate, numerous tactics for improving scores are available. However, any action to improve a credit score must be taken judiciously: some actions aimed at improving your score may actually make it worse.   Many individuals reap significant benefits by properly employing these simple FICO […] Read more

What to expect in a mortgage transaction

What to Expect in a Mortgage Transaction

Welcome to Black Diamond Mortgage! Here are some important things to know about the process that will last typically between 2-5 weeks, depending on your contract and the complexity of your transaction: ***Please read our Identity Theft Education Page to learn how to keep your own information safe. ***Are you getting an Adjustable Rate Mortgage […] Read more

How Interest Rates work

How Interest Rates Work

Many people are surprised when they learn how mortgage interest rates are determined. Most people understand the fundamental principle: the lowest interest rates cost more to obtain and the higher interest rates cost less. The graph above shows how you can obtain rates where there are “no real costs” (often absorbed by the lender offering […] Read more

Approved

Qualifying / Pre-Qualifying for Mortgages

  At Black Diamond Mortgage Corporation, we receive a lot of requests for loans. Many times people wonder how the decision is made to approve or deny their loan application. While there are thousands of pages of guidelines used in determining the quality of a borrower’s loan application, there are 3 categories of important criteria […] Read more