There are so many ways we were taught in mortgage sales training to answer that question:<\/p>\n
1) Well…that depends on your…credit…income…equity…purpose for the loan , etc.<\/em><\/p>\n 2) What rate are you trying to get?<\/em><\/p>\n 3) It would be unprofessional of me to diagnose your problem…blah…blah…blah<\/em><\/p>\n I realize that when a guy asks you that question, on a plane from Phoenix to San Diego, he’s making small talk and wondering what the market is doing. I know that he means the 30-year fixed rate, for loans under $417,000, 1% origination fee, no points, full-documentation, 80% loan-to-value.<\/p>\n Most of America believes that God whispers that rate to Ben Bernanke every morning who sets it based on that daily divine revelation.<\/p>\n Without further wise-ass comments, that rate is 5.875% (for a 6.13% APR). <\/strong><\/p>\n We are an equal opportunity lender.<\/p>\n","protected":false},"excerpt":{"rendered":" There are so many ways we were taught in mortgage sales training to answer that question: 1) Well…that depends on your…credit…income…equity…purpose for the loan , etc. 2) What rate are you trying to get? 3) It would be unprofessional of me to diagnose your problem…blah…blah…blah I realize that when a guy asks you that question, […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-1123","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":17763,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17763\/real-estate-agents-may-work-against-buyers-interests-with-shortened-contract-contingencies\/","url_meta":{"origin":1123,"position":0},"title":"Real Estate Agents May Work Against Buyers’ Interests With Shortened Contract Contingencies","author":"Brian Brady","date":"January 22, 2021","format":false,"excerpt":"If you are reading this, you are probably a real estate agent or broker.\u00a0 Most of the people who read Bloodhound Blog are industry folks rather than consumers.\u00a0 Consumers DO read Bloodhound Blog but, all in all, our audience is mostly comprised of the industry grunts who show or list\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2306,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2306\/our-program-is-so-simple-even-a-realtor-or-a-loan-originator-can-do-it\/","url_meta":{"origin":1123,"position":1},"title":"Our program is so simple even a Realtor or a Loan Originator can do it","author":"Jay Thompson","date":"December 2, 2007","format":false,"excerpt":"I\u2019m a firm believer that you can often learn as much by a bad example as you can a good one. Yesterday this little nugget slipped past my spam filters. Something, I don\u2019t know what, compelled me to read it. I need your help. Do you know someone that knows\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12566,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/12566\/happy-4th-of-july-weekend\/","url_meta":{"origin":1123,"position":2},"title":"Happy 4th of July Weekend.","author":"Alex Cortez","date":"July 2, 2010","format":false,"excerpt":"I wanted to take a brief moment to extend a Happy 4th of July greeting to all in the BH community.\u00a0 I was born and raised in El Salvador in the midst of an infamous civil war (infamous for its use of children as pawns in the war machine), migrating\u2026","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"american flag","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2010\/07\/flag.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":18622,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18622\/overnight-news-what-better-year-to-learn-how-best-to-fight-with-your-relatives-over-the-thanksgiving-dinner-table\/","url_meta":{"origin":1123,"position":3},"title":"Overnight News: What better year to learn how best to fight with your relatives over the Thanksgiving Dinner\u00a0table?","author":"Greg Swann","date":"November 24, 2021","format":false,"excerpt":"Miss Chioux is with us for Thanksgiving, a very special treat, and I don't feel much like hectoring the world this morning. Instead, I will send you to one of my favorite essays: \u201cHow to fight with your relatives over the Thanksgiving Dinner table.\u201d Seems especially momentous this year... In\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10960,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10960\/my-jim-casey-take-on-the-fhas-policy-to-address-risk-and-strengthen-finances\/","url_meta":{"origin":1123,"position":4},"title":"My “Jim Casey” take on the FHA’s Policy to Address Risk and Strengthen Finances","author":"Scott Schang","date":"January 22, 2010","format":false,"excerpt":"\"Before I knowed it, I was sayin' out loud, 'The hell with it! There ain't no sin and there ain't no virtue. There's just stuff people do. It's all part of the same thing.\" - (Preacher) Jim Casey \/ Grapes of Wrath Here's my take on the FHA 1\/20\/10 press\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.californiateachersandemployeeshomeloanprograms.com\/wp-content\/uploads\/2010\/01\/Read-all-about-it.gif?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17915,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17915\/overnight-news-the-most-important-preparation-for-selling-a-home-know-what-market-youre-in\/","url_meta":{"origin":1123,"position":5},"title":"Overnight News: The most important preparation for selling a home? Know what market you\u2019re\u00a0in.","author":"Greg Swann","date":"March 2, 2021","format":false,"excerpt":"For my two most-recent listings, the prep work consisted of landscaping \u2013 around $300 each. For one, I had planned to have a huge, ugly tree trimmed, but the house sold before the tree surgeon could sharpen his scalpel. For vacant listings, I'm doing landscaping plus deep cleaning, but I'm\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=1123"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1123\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=1123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=1123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=1123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}