Assets are Important! Close on time!

Assets are Important! Close on Time! Dave Boye with Black Diamond Mortgage is here to give a quick class on asset sources.  If you have been asked to source your assets by your loan officer or someone in our office, this is what they need: Asset Sources Basics: Bank Satement for 30-60 days.  All pages

News From the AIME Conference

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

Loan Officers Making Moves? Why I am an independent mortgage broker!

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 well. I had one

Buy your investment property now! It’s easier to qualify than you think!

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

Let’s talk CREDIT – The 6 factors that most affect your score!

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

Today is National Independent Mortgage Brokers Day!

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

You don’t have to pay cash for Condos!

Dave: Hey friends of Black Diamond Mortgage! Dave Boye and Matt Rizzolo here in “condo alley” in Whitefish, Montana. We can see 5 different condominiums from where we’re standing. Are all of these condos the same? Matt: No, they’re all different! Dave: An important thing to know about condos is all condos are different. Each

FAST 24/7 Mortgage Approvals!!!

Check out Dave Boye’s important message from the summit of Big Mountain/Whitefish Ski Resort! Today we had a client who needed a question answered at 5:30 (after business hours) and we got back to them with the answer quickly, which illustrates the most important point: that we are in the business of being EASY TO

Multiple underwriting systems mean multiple ways to get your loan approved!

Hear Maria Phelps and our new loan officer, Matt Rizzolo, explain the multiple ways Black Diamond Mortgage can get your loan approved through different underwriting systems. Some recently experienced Fannie v Freddie differences: – Different debt to income ratio approvals – Different property analysis (private road maintenance agreements, water systems, condominiums (condos), shared wall agreements)

Stay in the Boat, Mortgages and More!

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.