Eight years ago today, I published my very first post on this blog. It all began because I was a bit frustrated with the (then) new mortgage originator licensing laws, created from the SAFE Act, having different standards for LO’s based on what type of mortgage institution they worked for. Mortgage loan originators who were employed by banks or credit unions were not held to the same standards, per the SAFE Act, as those who were not employed by a depository institution. Some will argue that this is because banks and credit unions were already regulated…however, one just needs to remember the good ol’ friend of the family to know that those regulations were not enough.
My Personal Tiki Mug
November 23, 2014 by Leave a Comment
My Mom is a very talented artist and has recently started creating custom tiki cups as a hobby. Check out this one she made of me!
Determining Rental Income for a Conforming Mortgage
November 22, 2014 by 1 Comment
Editor’s note: This post has been fully updated in 2026 for current Fannie Mae, Freddie Mac, and FHA guidelines on using rental income to qualify for a mortgage.
If you own rental property — or you’re buying one — that income can often be used to help you qualify for a mortgage. But “often” is doing some work in that sentence. How much of the rent counts, what documentation you’ll need, and how it’s calculated all depend on whether you already own the property, whether it’s currently leased, and which loan program you’re using. [Read more…]
The 2014 Outstanding Loan Originator is…
November 9, 2014 by 3 Comments
I am honored, humbled and amazed to be a finalist in three categories at this year’s Business and Humanitarian Awards Gala, which took place on Friday. This annual event is organized by the Washington Association of Mortgage Professionals to recognize Washington real estate professionals (mortgage, real estate brokers, title and escrow) who are the epitome of their profession.
To receive the award for Outstanding Loan Originator was a complete surprise to me, despite being a finalist. I wish I would have prepared something to say when the award was presented. Between the shock, the bright lights and the 200 plus glamorous faces staring up at me, I was almost rendered speechless.
