If you're in the market for a loan, you might want to have a few backup banks on your list. According to the Federal Financial Institutions Examination Council, Chase had the highest rejection rate of the big banks at 34% in and SunTrust had the lowest rejection rate at 11%.
Follow the link to see how the lenders stack up. http://www.marketwatch.com/story/the-bank-that-rejects-the-most-mortgages-2013-09-25
A discussion of the current real estate conditions in Broward County, Florida. Feel free to participate and we can make this a useful resource site for many interested people.
Monday, September 30, 2013
Chase has the highest mortgage application rejection rate in 2012
Thursday, September 19, 2013
Broward County Real Estate Classes
The Veritas Real Estate Group is offering the pre-licensing sales associate class in Coral Springs on two different schedules.
All day Sunday classes run from 9 am - 7 pm for six weeks or M/W/F evening classes from 5:30 - 10:30 for 4 weeks.
Sunday class starts September 29, 2013.
M/W/F class starts October 14, 2013
This is the mandatory class the students need to obtain a real estate license.
Courses cost $400 and include the textbook. A free study manual is given students when they pass the class exam.
Please register for classes at http;//veritasrealestategroup.com
All day Sunday classes run from 9 am - 7 pm for six weeks or M/W/F evening classes from 5:30 - 10:30 for 4 weeks.
Sunday class starts September 29, 2013.
M/W/F class starts October 14, 2013
This is the mandatory class the students need to obtain a real estate license.
Courses cost $400 and include the textbook. A free study manual is given students when they pass the class exam.
Please register for classes at http;//veritasrealestategroup.com
Sunday, September 15, 2013
How a 1031 Exchange Increases an Investor's Rate of Return
Learn the basics of a 1031 Like-Kind Exchange and indefinitely defer paying capital gains tax. The different types of exchanges and the use of a qualified intermediary are also discussed.
Using Retirement Funds to Purchase Real Estate
Clear explanation of how a contributor can use IRA and 401(k) funds to purchase real estate or assist with closing costs. Differences between traditional and Roth accounts are presented. The video also discusses first-time homeowner programs and 401(k) loans. Learn how a self-directed plan allows you to invest in real estate rather than stocks and bonds
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