Monthly Mortgage Blog

  Materials PDF: Why is a VA Loan is Better than Cash Why is a VA Loan is Better than Cash 100% of Appraisal Value Tidewater Option Highest available DTI (Debt to Income) Best % of on target appraisal compared to other programs Stronger desire to close Rewarding someone who has served our country and […]

Have you heard of these common misconceptions about Mortgage Brokers? Well, I am here to tell you the truth about Mortgage Brokers. First off, we get asked all the time, “How much does it cost to use you?” There is no cost to use us… We are paid by the Wholesale Lenders we partner with […]

Bridge loans are a great option for you to help waive contingencies and get you to closing FAST! Bridge loans help ‘bridge’ the gap when you are looking at selling your existing home and looking to purchase a new home, but with the added benefit that you don’t have to sell your current home! This […]

Throughout the loan process, there are things that can speed up the loan closing, or slow them down. Sam, our lead Processor and a Loan Officer here at Black Diamond Mortgage, goes over a few things that he sees on a regular basis while working with loans in process. Tip 1 – Avoid Large Deposits. […]

Often times we are being told that clients are being turned down by banks and other lenders before the clients are really being listened to. The other lenders are looking at the situation with a narrow focus. Not giving the clients a shot. One of the things we do at Black Diamond Mortgage is make […]

  When you look back 10 years ago, you may think to yourself “I wish I would have…”. Financial advisors all over the country will say ‘Time in the Market” is more important than the the timing. What you need to do is make sure you pick things that you can afford, but that you […]

We all want to close fast! But at Black Diamond Mortgage we have really pushed hard to make the entire mortgage process a successful one for all parties of the transaction. Fast Closings are key in this highly competitive market! Here are 4 things we are doing in order to get you to the closing […]

Did you know… a Co-Borrower may be a great option in this current market. We are seeing more and more parents and grandparents, friends and family members helps each other out. It is a good idea to see what all your options are during the loan approval process. One thing you may find out is […]

Is it really Black Friday? What should we really be focused on today…. First, I hope everyone had a wonderful Thanksgiving! BUT, now it is Black Friday…..So often on Black Friday and even Cyber Monday, we focus on spending and gifts for others and ourselves, but why are we not looking at the big picture? […]

Analyzing Self-Employed Clients FOR FUTURE HOME BUYING How lenders approve self-employed income Watch the full class now! Notes are provided for the class below. Use this PDF for the Supplemental documents mentioned in the video – Supplemental Documents-PDFAnd the PDF version of this webpage here – Self Employed Class November 2021 When determining the appropriate qualifying […]

In the current real estate industry, a common theme is to generate income through an investment property. Sometimes that can be hard for people, but what if the property itself was actually what qualified you for a loan? There’s an option for that, and it’s called a DSCR Investor Cash Flow Loan (DSCR – Debt […]

In any mortgage transaction, we’re dealing with a lot of money, whether it’s your earnest money or your down payment, and even if you’re getting the funds or the money from a friend or family member, we have to show where those funds came from. We’re looking at your bank statements and your retirement accounts, […]

We expect to win!
#theblackdiamondeffect

Football Season!
The gospel of taking care of our clients (we believe this!) And Football!

106 2nd Street E in Whitefish NMLS 2091e7

Congrats on your new #mortgage Keri! It was a pleasure to help your family!
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#happyclients #refinance #montana Black Diamond Mortgage Corporation

We offer a “pre-warrantable condo” loan now!

If you have heard the term “warrantable” with condos… it’s usually a hassle. BUT! We now have solutions.

Realtors, schedule a time to learn about this! Clients, if you are having trouble with a condo, give us a call!

We do need to analyze some information and take a loan application to offer a loan, but trust us, you will want to learn about this if you are buying a condo!

106 2nd Street East in Whitefish, NMLS 209137

Celebrating with @sweetpeaksicecream after Abby worked hard cleaning the Black Diamond Mortgage Corporation office! #hardworker

Meet Matt Rizzolo, one of Black Diamond Mortgage’s top Loan Officers!
I have always been looking for the next challenge. When I was a kid it was skiing and team sports, but that just didn’t seem to be enough. Being stuck on the east coast left my burning desire for adventure unsatisfied…
Read More here to find out what satisfied him: https://zcu.io/UVqh

#theblackdiamondeffect #teamtuesday

Did you know….. it’s National Mortgage Brokers Day!!! But what is that????
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I am a Mortgage Broker….and my JOB is to help YOU get the BEST loan option that fits YOU! Wether you are buying, building, refinancing, consolidating debt or need money to buy a horse 🐴 for your daughter….my JOB is to HELP YOU!
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I am NOT tied down to only 1 product or ‘pool’ of money. I have 100’s of options and resources to help. If you are nervous to try a broker, don’t be! We don’t pressure you into anything. We give you the freedom to choose what fits you! AND I am part of an amazing organization called AIME (Association of Independent Mortgage Experts) and our broker community around the nation supports us and helps us with YOUR deal! We are FOR YOU!
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So give me a chance. Give my amazing team at Black Diamond Mortgage Corporation a chance. We serve YOU!
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#mortgagebroker #montana #team #broker #nationalmortgagebrokerday #aime #buyahome #refinance
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Black Diamond Mortgage
106 2nd Street E
Whitefish, MT 59912
Corp NMLS #209137
Indv NMLS #1403722
406.862.4999

Meet Heather Nelson:
From 2000-2007 I spent 6-8 months a year living in Maui and the other 4-6 traveling through Indonesia on a budget (occasionally stopping over in Australia or Thailand for a visa extension). I surfed beautiful uncrowded waves in Nias, the Mentawais, Bali, Java, Lombok and Sumbawa.
Read more here: https://zcu.io/OZOF

#theblackdiamondeffect #teamtuesday

Meet Darel Handley:
Hope…It’s a very powerful thing. Growing up, life was good. I loved the people in my life and was thankful for each of them. But…there was always a piece missing. I would lay in my bed every night as a young person and wonder why I was here, and what my purpose in life was. I wasn’t sad, depressed, angry, or anything like that. There was just something missing… Keep reading here: https://zurl.co/NpLI (Keep reading to learn what Darel found!)

#theblackdiamondeffect #teamtuesday

Its a great day when the children of past clients gain homeownership with us, as well!

That you @giuseppe_whitefish for recommending us to your amazing children!

106 2nd Street E in Whitefish NMLS 209137

Meet Maria Phelps, The Operations Manager, and Loan Officer at Black diamond Mortgage!
Growing up I always wanted to be in a talent show. The problem was, I was not good at any one thing. I didn’t know how to sing, or dance, or play an instrument. Even in High School and College, I ran and competed as a Heptathlete. I wasn’t that amazing at one event…. and for the longest time, it really bothered me.
Read on, to find out how Maria Overcame this Obstacle Here: https://zcu.io/wmIB

#theblackdiamondeffect #teamtuesday

Meet Adelina Hanson! Adelina Hanson’s Story: I moved to the United States in 2015  and I spent the next 4 years looking for the right career path for me. Until 2019 when I joined the Black Diamond Mortgage Team and I discovered my true passion – Mortgages. Life is so different when you do what you love!   […]

Meet Zach Falk! Zach Falk’s Story: When I was in high school, I had many different dreams and goals that I thought were of utmost importance. At first, I wanted to be a lawyer (I know, I know – what was I thinking?!), then I wanted to be a pastor (some might consider those polar […]

Meet Terry Falk! Terry Falk’s Story: Back during the summer of 2020, my son and I were involved in a local Match Play golf tournament at Buffalo Hill Golf Club that spanned the entire summer. There was a bracket of about 64 players (32 teams) all vying for the coveted 1st place trophy (and the pro shop […]

Meet Heather Nelson Heather Nelson’s Story: From 2000-2007 I spent 6-8 months a year living in Maui and the other 4-6 traveling through Indonesia on a budget (occasionally stopping over in Australia or Thailand for a visa extension). I surfed beautiful uncrowded waves in Nias, the Mentawais, Bali, Java, Lombok and Sumbawa. On the rural […]

Meet Darel Handley Hope…It’s a very powerful thing. Growing up, life was good. I loved the people in my life and was thankful for each of them. But…there was always a piece missing. I would lay in my bed every night as a young person and wonder why I was here, and what my purpose […]

Meet Maria Phelps! Maria Phelps’ Story: Growing up I always wanted to be in a talent show. The problem was, I was not good at any one thing. I didn’t know how to sing, or dance, or play an instrument. Even in High School and College, I ran and competed as a Heptathlete. I wasn’t that […]

Meet Dave Boye, the Owner of Black Diamond Mortgage!

In March of 1993, after spending my entire life mastering the craft of ski racing and skiing in general, I found myself at the starting gate, pressing forward into the mogul course, with the intent to do something that I had never accomplished.. . Read the exciting conclusion at: https://zcu.io/s3G6 (You’ll never guess who he met!)

#theblackdiamondeffect #teamtuesday

Meet Dave Boye! Dave’s Story: In March of 1993, after spending my entire life mastering the craft of ski racing and skiing in general, I found myself at the starting gate, pressing forward into the mogul course, with the intent to do something that I had never accomplished.. a 360 helicopter in the air with […]

Soooo our lucky clients and employees now might get a day on Flathead Lake going forward with Captain Dave!

Here are our top boat analogies for Mortgages:

1) “Stay in the Boat!” – same with mortgages.. stay in the boat 🚢 with the lender, Realtor, title, appraisal, insurance… we are in this together
2) “A Rising Tide Raises All Boats” – its ok for everyone to win. At Black Diamond Mortgage, we like win-win deals
3) “All Hands on Deck!” – Stuff happens… when it does, Everyone should rally the solution!
4) “Three Sheets to the Wind” … please don’t do anything on your real estate deal, if this describes you!
5) “Abandon Ship!” .. Hey, sometimes, the deal Should die.. too expensive, too poor condition of a home… if the deal IS Wrong.. Abandon Ship!

Do you have some good ones? Post them below!

106 2nd Street E in Whitefish NMLS 209137

“Millennials are just reaching peak homebuying age and set to keep demand strong for the foreseeable future. Elevated lumber prices and lot shortages will continue to drag on construction even as starts accelerate. And while mortgage rates have risen from their pandemic-era floor, they still sit at historically low levels and should keep demand robust, the bank said.”

If you want to get ready to own a home, fear not, we can help!

106 2nd Street E in Whitefish, MT
NMLS 209137

#winning

Enjoying #openingday at @mountainberrybowls in WHITEFISH! We love taking a walk to grab the #berrygoodness!!
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#team #outside #berrybowls #love #mortgage #backtowork #powerwalk @daveboye @zacchfalk @mariaphelpsmt – #theblackdiamondeffect

Thank you Anne and David for allowing me to help you with your refinance! I am honored to be your loan officer but more importantly honored to be your friend! Thankful that God put us together and our joint love for fitness and Triathlons just makes it better!
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#theblackdiamondeffect #mortgage #montana #refinance #triathlons #swimming #friends Black Diamond Mortgage Corporation

Matt loves tackling new rivers on all sorts of watercraft. Sometimes that means running the Grand Canyon on an inflatable couch!

If you are an athlete, you know what VO2 Max Intervals are… but if you are not an athlete, the term may be somewhat foreign to you. VO2 Max Intervals are short spurts of high intensity work followed by easier, not so taxing work to prepare for the next hard interval. These intervals can be […]

Mid day run to refresh the brain and close more loans! #theblackdiamondeffect #mortgage #trailrun #montana #fitness Black Diamond Mortgage Corporation David Boye Zach Falk

The loan for JD went from submission to CTC in just 6 days — that’s really fast!

It was submitted on April 19, 2021 and received the CTC on April 27, 2021.

Great work Adelina Hanson and Black Diamond Mortgage Corporation!
#montanamortgage #refinance #brokersarebetter

It’s great to work for and right along side such a great leader! Thank you David Boye for your leadership. It has helped me grow in many ways!

Check out this podcast and get a taste for who we are at Black Diamond Mortgage Corporation!!

https://aimegroup.com/investing-in-yourself-your-community-your-team-with-david-boye-episode-64/?fbclid=IwAR1vNEA9aVfKs3ZODR-xjzBX8rrE6Sje2ZxBq4gDU_SyFe3_kWb7G18EpqM

How do you place the best offer to land on top of all the bids? Cash offers are king! But you need a loan…. WE HAVE OPTIONS!

Tune in next week for ways to submit a cash offer and ultimately utilize a loan for your next home purchase!

106 2nd Street E in Whitefish
NMLS 209137

Please be careful not to get ripped off by your “Good Neighbor” and other “Corporate Friends”

106 2nd Street E in Whitefish NMLS 209137, 235086

Your wealth is inside of your home. Your home is worth more than ever! Use this opportunity to improve your life, NOW.. before its too late! www.blackdiamondmortgage.com

106 2nd Street E in Whitefish NMLS 209137

Ask about our 90% NO MI JUMBO with amazing terms (or ANY Jumbo with Amazing Terms)! If your loan is big… you will love it!

For terms, apply at www.blackdiamondmortgage.com
106 2nd Street E in Whitefish
NMLS 209137

(Jumbo = >$548,250)

Hiring, everything DOE, flexible, results focused

106 2nd Street East in Whitefish
NMLS 209137

We protect you from rainy days… both financially and physically!
#theblackdiamondeffect
#brokersarebetter

106 2nd Street E in Whitefish
NMLS 209137

We can help you get loans of any size! Whether it is a small loan or a jumbo ($484,350+) loan, we will get you the best loan for your needs!

Learn more here: https://bit.ly/3jMTScw

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Are you low on funds for a down payment? Learn how you can still buy a home!

Contact us today to learn more: https://bit.ly/3jMTScw

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Here is a fun little game for you to play. To begin, zoom in to the chimney!

Begin your refinance here: https://bit.ly/30Y5CQT

106 E 2nd St Whitefish, MT 59937; NMLS #209137

We close tough deals, sometimes they take a few days longer to create a win for the client…. BUT, when you send us an awesome A paper client… 9 says is enough to get it closed! TRY IT

106 2nd Street E in Whitefish
NMLS 209137, 235086

Word of the day,
“If you touch it, you own it. Make it better than you found it”

359 CLOSINGS IN 2020
THANK YOU!

106 2nd Street E in Whitefish
NMLS 209137

Happy New Year! 2021 will be a great year to purchase a home or to refinance your home! We at Black Diamond Mortgage will provide you with the best service to fit your needs.

Learn more: https://bit.ly/3jMTScw

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Darel Handley ! Closing on Christmas Eve! #legend

106 2nd Street E in Whitefish
NMLS 209137, 1967311

Merry Christmas!

We want to wish all of you a Happy Holiday season! Thanks for making it a great year at Black Diamond Mortgage!

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Have you met our fabulous workers yet? The Black Diamond Family loves working with each other! We want to see what your family looks like. Draw a picture of your family and tag us!

Meet our family: https://bit.ly/3f9f09a

106 E 2nd St Whitefish, MT 59937; NMLS #209137

For the record… We Love Mortgages!

106 2nd Street E in Whitefish NMLS 209137

Maria Phelps is delivering the Word on how to deliver #theblackdiamondeffect to our clients!

106 2nd Street E in Whitefish
NMLS 209137

2021 Loan Sizes are announced, and bigger than 2020, so even more home ownership opportunities await!

To learn more, apply at www.blackdiamondmortgage.com

106 2nd Street E in Whitefish
NMLS 209137

Have you ever had any questions about what it’s like to get a mortgage to either purchase or refinance a home? Well, it’s time to ask us anything! There’s no such thing as a stupid question. We’re ready to help out in any way possible!

Contact us here: https://bit.ly/3g867hF

106 E 2nd St Whitefish, MT 59937; NMLS #209137

We are winding down 2020 and ramping up 2021… we have the best employees of any mortgage company, period!

We helped loan out around $100,000,000 on about 360 homes for purchase or refinance!

Well done team!

Well done, Phil Grove ! And.. maybe there was a jaded sneaky compliment in there about mortgage brokers? Happy to make the interested parties for the story 😉

Ski Season is starting! We at Black Diamond really love to ski! We take our passion for skiing and translate it to mortgages. We will help you get the best mortgage for your needs!

Learn more today: https://bit.ly/3jMTScw

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Small Business Saturday?
Many will get an interest rate in the 2′ or 3’s!

www.blackdiamondmortgage.com

2020, Its been a rush like the old Gold Rush Days…. You might be able to get your interest rate in the 2’s or 3’s before the rush ends…

– Did you get a mortgage in 2020 in the 3’s (or earlier and in the 4’s?) and do you wish your interest rate was in the 2’s? (Timing is everything with rates, locks and refi costs) Let’s check on you…send us an email or message, we will be offering low cost rate drop options as long as we can through 2021 for clients that have made at least 6 or more payments with us (or available immediately if you took a loan with another lender) and we will check to see if you can get a net tangible benefit with another refi
– Credit, cash out, home values, income, PMI can all affect your loan terms. You need to apply to see your official loan terms.
– No loan is being offered here without an application, but most clients these days are in the 2’s or 3’s! Apply at www.blackdiamondmortgage.com

106 2nd Street E in Whitefish NMLS 209137

To all those we have the privilege of knowing, we are grateful for you! Thank you for your trust and your business. Have a Happy Thanksgiving!

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Getting a mortgage loan is as easy as BINGO! Who of your friends do you challenge to play Black Diamond Mortgage Bingo?

Contact us today: https://bit.ly/3jMTScw

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Did you know that we have monthly email updates? It is a great way to stay connected, and to learn more about how to get the right loans!

Sign up here: https://bit.ly/3g867hF

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Did you know that we’ve been securing loans since 2009? Contact us today to see why we’re the best brokers in the Flathead Valley!

Contact us today: https://bit.ly/3jMTScw

106 E 2nd St Whitefish, MT 59937; NMLS #209137

At Black Diamond Mortgage, we help people get government backed loans. As part of the process, there are some additional requirements to qualify for the loan. Here is a list of some of the possible required documents! Talk to your loan officer today, if you have any questions.

Contact loan officer: https://bit.ly/3g867hF

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Team awesome!

At Black Diamond Mortgage, we pride ourselves in getting you the best loan possible for your needs. We promise to always maintain your best interests at heart!

Learn more today: https://bit.ly/3fbssJM

106 E 2nd St Whitefish, MT 59937; NMLS #209137

If you’re in the process of getting a mortgage loan, you should never buy anything on credit, such as a car, camper, or boat. If you do so, it will limit how much of a mortgage you can get. That means you won’t be able to afford as big a home as you would like.

If you have any question if you should purchase something or not, contact our loan officers: https://bit.ly/3g867hF

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Is it time to refinance or to purchase a home? Get pre-approved today for the loan!

Read more about the process here: https://bit.ly/331T0ea

It’s time to purchase a home! Feeling stressed about securing a mortgage? No need! Follow these tips to ensure that there are no hiccups in securing your mortgage.

Read more: https://bit.ly/2X1x2nX

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Is it time to refinance your home? With major life events, a refinance can be a smart move to help you out financially. Still unsure if you should refinance or not?

Contact us today. https://bit.ly/39zEkUT

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Congratulations to Meghan and Tanner!

Hear them in their own words talk about #theblackdiamondeffect
– Tough Credit! (Fixed!)
– Tough Work History!
– Self Employed Realtor
– Remote, on the job closing!

Do you want to feel, #theblackdiamondeffect like Tanner and Meghan?

Apply now at www.blackdiamondmortgage.com

106 2nd Street E in Whitefish
NMLS 209137, 235086

Did you know that you can roll your student loan debt into your mortgage payments too? Combining your student loan debt into a cash out refinance can help offer you more financial freedom.

Read more here: https://bit.ly/2P0xYV1

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Are you a Veteran? Do you know a Veteran? With a VA loan, Veterans have more flexibility when it comes to getting a mortgage.

Learn more here! https://bit.ly/2X31P3E

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Are you thinking of buying a house in Montana? Here are some fun facts about the Montana real estate market. Remember, the earlier you include the mortgage brokers, the smoother the process will be to get the loan!

Contact us here: https://bit.ly/30PkTDG

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Great memories!

Do you have lots of home repairs to do? Do you have any expensive medical bills? Do you need immediate cash? A cash out refi can be a great solution to get you cash for your needs! Allow Black Diamond Mortgage to help you get a cash out refi.

Contact us today! https://bit.ly/39zEkUT

106 E 2nd St Whitefish, MT 59937; NMLS #209137

At Black Diamond Mortgage, we work hard to get the loan for your needs!

Learn more: https://bit.ly/2PPtRM2

106 E 2nd St Whitefish, MT 59937 | NMLS #209137

What does your credit score indicate? It indicates how trustworthy you are to borrow money.

– If your score is 800+, you have exceptional credit
– If your score is 740-799, you have very good credit
– If your score is 670-739, you have good credit
– If your score is 580-669, you have fair credit
– If your score is below 579, you have very poor credit

If you would like to improve your credit score, check out our tips! https://bit.ly/3g4Ub0d

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Did you know that 50% of Americans bank with only one banker? It is best, however, to compare multiple lenders when it comes to getting a mortgage. Black Diamond Mortgage has relationships with several lenders to help you get the best rates on your mortgage! #BrokersAreBetter

Contact us today: https://bit.ly/30PkTDG

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Time to say bye to your PMI! A PMI sometimes can feel like you’re throwing money away. A refinance can help you get rid of your private mortgage insurance and any other accessory costs associated. Contact us today to see if you can get rid of your PMI! #PMBye #BrokersAreBetter

https://bit.ly/2WRrNXR

106 E 2nd St, Whitefish, MT 59937; NMLS #209137

Are you a Veteran? Do you know a Veteran? If you are a veteran, thank you for serving our country! If you know a veteran, please thank them on our behalf! The sacrifices of our troops is something we value and love.  When it comes to securing a mortgage, we don’t want our troops to […]

A lot of people wonder if they should be getting a 15 year or a 30 year mortgage. There are pros and cons to each!

Read more here: https://bit.ly/2Ekk7Hf

106 E 2nd St Whitefish, MT 59937; NMLS #209137

Remember when all we kept talking about was “MAKE YOUR MORTGAGE PAYMENTS?”

Here is why… let us know if you need help getting out of trouble, we have some options

https://www.nbcnews.com/nightly-news/video/customers-shocked-wells-fargo-hasn-t-been-counting-mortgage-payments-88147013810?cid=sm_npd_nn_fb_ma&fbclid=IwAR1blRkyo-eUIPEQmZyJoF2UPovilDodXGgw1gudC7b9ENBf_ggfc2zHUaM

106 2nd Street E in Whitefish
NMLS 209137

Congratulations to Adelina Hanson! She is our newest licensed loan officer.

  It’s time to get a mortgage to purchase a new home! So, how exactly can you get the right loan for your needs?  You should begin the process of getting the mortgage with Black Diamond Mortgage as early as possible. Don’t wait until you’re about to sign to secure the loan. Don’t pick out […]

In case you are wondering… this is #theblackdiamondeffect !

106 2nd St. East in Whitefish
NMLS 209137

In honor of National Mortgage Broker Day, July 18th, here are some reasons why #brokersarebetter :
– Multiple options = more satisfied clients
– Unique challenges = more solutions
– We live, work and support YOUR local community, while also using Wholesale buying power to provide the best products and services available anywhere
– We only get paid if our client is satisfied, AND our clients don’t even have to pay us directly (we are compensated by the lender, not the borrower/client)
– We don’t pay billions in advertising to get your attention, we just deliver the best mortgages, and allow you to recommend us to your friends

Want to know more? Check out www.blackdiamondmortgage.com

106 2nd St. East in Whitefish
NMLS 209137

Thanks @fastsigns.whitefish .. great new sign!

As lenders consider how much of a loan to give you, they want to have proof that you have the ability to payback a loan. They verify this by checking your credit score, and by requiring proof of income. As a rule of thumb, whether you are self-employed or employed by somebody else, you will […]

Repairing your Credit Score Your credit score is an indicator to lenders as to how reliable you are at paying off debt. First, it’s best to understand what goes into your credit score. Payment History – About 35% of your credit score If you consistently pay your debts on time each billing cycle, this portion […]

Is It Time For a Refinance? Life comes at you quickly! Of course, you don’t need us to tell you that. Have you or an acquaintance recently have a major life change? Are you anticipating a major life change? If so, a refinancing of your mortgage could help you prepare for such life change! Here […]

Did you know that you can roll your student loan debt into your mortgage payments too? Now, why would anybody want to do that? Won’t it just make your mortgage more expensive? Won’t the student loan accumulate interest expense at a much quicker rate? Rest assured, combining your student loan cash out refinance can help […]

People often wonder if they should go with a 15 year or a 30 year mortgage. What is the best fit for you? Here are some of the differences between the two mortgages to help you decide which loan term is best for you! Always remember, you can contact us at any time to help […]

Tips to Buying your First Home: ‘Steps to Success’ Buying a home is one of the biggest financial decisions of your life 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. In 2015, we bought a home. When you […]

For more on Rural Development Loans check out this detailed Video below.   Video starts @ 0:21 Can you hear me OK? Are either Britney that I see works with Michelle. She brags about all the time. Yeah, I think I’m that one. I don’t know. I don’t know if the bragging is needed. Yeah. […]

Ready for this feeling, #theblackdiamondeffect ? People feel this great when they buy a new home or refinance to save money! We are seeing some of the best scenarios for affordability or home equity that we have ever seen! If you haven’t taken a look, please reach out so we can help you help yourself!

106 2nd Street East in Whitefish, MT
NMLS 209137

This one, closed during the COVID19 shutdown with a travel quarantine means a lot to us! Thanks Ryan!

106 2nd St. East in Whitefish MT
NMLS 209137, 235086

Based on popular demand, Daisy has a new rug!

Taking a poll… does Black Diamond Mortgage Corporation need this rug?

Being able to weather a storm, like COVID – 19, requires patience. The better deals, both in purchasing homes and refinancing of mortgages, often goes to those with patience and a well executed strategy. Make sure that after this is all over, that you make sure that you have a well defined strategy so that […]

Free yourself from Captivity! Part 1 Work with a Mortgage Broker- We set captives free! – Make sure that the people working for you are ONLY working for you – We work for home buyers only and will fight for you to win the arguments of the home seller – We work exclusively for the […]

With the recent legislation regarding forbearance may make it seem tempting to not pay the mortgage payment. It is important, however, to pay your mortgage if possible. Forbearance is NOT a forgiveness of payment. You will still owe the missed monthly payments, and will most likely have to pay it all back at once. With […]

  Your Local Independent Mortgage Brokers! David Boye with Black Diamond Mortgage discusses why and problems with internet mortgage robots! Good Morning! Dave Boye here with Black Diamond Mortgage in Los Angeles International Airport on my way back from another AIME conference (Association of Independent Mortgage Experts).  This is also the site of aspects of […]

Bank Statement and other Non Traditional Mortgages: Dave Boye discusses new options for mortgages for independent mortgage brokers. We are well into 2019 and if you are in the business of selling real estate or making deals happen, on some of our deals the first payment on the mortgage is now June 1st! How are […]

Buy or Refi? Both at Black Diamond Mortgage. Dave Boye discusses both this morning. Simple Point: If you bought a home with a loan at Black Diamond Mortgage and you need to refinance, come back! We do the refinance too!  Or, if we gave you a great deal on a low rate on a refinance […]

Mic drop! Dave just got back from Las Vegas and the AIME (The Association of Independent Mortgage Experts) Fuse Conference. Christmas came early to Black Diamond Mortgage! On Christmas of 2018, we are going to do the BIG REVEAL! If you’ve done business with us before and like to send your friends and family our […]

We wanted to give a special THANK YOU to everyone that attended our Gone Fishing Event last month! As you may remember, our theme was ‘Stay in the Boat’. We enjoyed some excellent food by our own Grill Masters with Local Grassfed Beef by KM Montana, and also some yummy dessert by Delectable Desserts! And don’t […]

When we look at a Mortgage Transaction and all that goes into reaching the closing table, we notice that the principles of the transaction can easily be recognized by all professions. Most situations that you come across require someone, or a few members of the team, to ‘Stay in the Boat’ to get things done. […]

        Day 1 Mortgage Approval Certainty The best way to get a purchase offer accepted is with a convincing loan approval! Black Diamond Mortgage Corporation IS partnered with wholesale mortgage lenders that DO offer a digital underwriting approval that eliminates loan conditions leading to approval certainty on DAY1! Some lenders are advertising […]

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 […]

VA Home Loans: As a Veteran, you deserve the best. You have served our country and have dedicated your life to others. Now is a great time to reward yourself with a new home or use up to 100% of the equity in your existing home for a variety of purposes! Eligible Veterans are welcome […]

Tips to Buying your First Home: ‘Steps to Success’ 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 […]

How Much ‘Home’ Can We Afford? The question is not about the ‘size’ of the shoe but about how well the shoe fits! How do you spend your money? First, you need to understand how you spend money in order to make a good decision about buying a home.  It is important to understand your overall […]

Welcome to Black Diamond Mortgage! What to Expect in a Mortgage Transaction 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. […]

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 […]

  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 […]

Don’t we all want a short sale?        Well, not necessarily… it depends… by guest blogger:  Jill Carter-Jones Broker, Realtor, e-Pro, Short Sale Certified jill@jillcarter-jones.com What is a short sale? A short sale is the process that occurs when a lender or bank agrees to accept less money for a property than the amount that is […]

Yes, in Noah’s time, EVERYTHING was under water. Today, half of homes in some cities are underwater. This means that the homeowner’s mortgages are larger than the current home value. Since 2009, the government has created programs to refinance underwater homes. Black Diamond Mortgage Corporation is in partnership to deliver many of these loan programs and can […]

    If you would like one of our loan officers to contact you regarding a mortgage, please fill out the following form: Ready to apply for a mortgage? Want to inquire about a home purchase? | Want to inquire about refinancing? Use these tools to help you plan your purchase or refinance. You can […]

  Realtors, CPA’s, Financial Advisors and other professionals…. We always want to be available to answer your specific questions (406) 862-4999, but if we’re not, here’s where we find most of them: Conventional Loan Rules (Fannie Mae Selling Guide) Section B-2-2: Borrower Eligibility Section B-2-3: Property Eligibility Section B-3-3: Income Section B-3-4: Assets (Funds) Product Guide for […]

***Are you getting an Adjustable Rate Mortgage (ARM)? Please review this disclosure and CHARM information packet from the CFPB (Consumer Financial Protection Bureau). ***Are you Buying a Home? Please review the Home Loan Toolkit disclosure and information packet from the CFPB (Consumer Financial Protection Bureau). The following verifications can take place during the loan process: Online or […]

Is your credit affecting your loan approval? Is your interest rate on your mortgage going to be affected by your credit score? If you have not seen your credit score in a while, we are happy to inform you of your credit information as part of our standard loan application process. Often, we are able […]