by Dustan Woodhouse | Apr 14, 2016 | Uncategorized
The Amortization Effect Each year from 2008 through 2010 the Federal Government reduced the maximum amortization as follows. Purchases with less than 20% down –from 40–35 years, then 35- 30 and finally 30–25 years where it remains today. Purchases with 20% or more...
by Dustan Woodhouse | Apr 2, 2016 | Uncategorized
What follows is an exact copy of the letter that I wrote and submitted to FICOM on February 20th for their review and consideration. No doubt hundreds of other Brokers wrote similar letters. On March 30, 2016 FICOM announced that they are moving forward with enhanced...
by Dustan Woodhouse | Mar 31, 2016 | Be The Better Broker, Volume 1
An excerpt from Volume 1 of Be The Better Broker. ‘My best friend is a Realtor — it’s a built-in shortcut!’ Uh, wrong. In the early days of your career, any long-standing friendships you may have with top-producing Realtors are unlikely to translate into...
by Dustan Woodhouse | Mar 24, 2016 | Be The Better Broker, Volume 1
An excerpt from Volume 1 of Be The Better Broker. It has been said there’s no such thing as a mortgage emergency. We Brokers may know that no underwriter is going to be reviewing documents late at night or over the weekend. However we also know from experience...
by Dustan Woodhouse | Mar 17, 2016 | Be The Better Broker
An excerpt from Volume 1 of Be The Better Broker. Invest in Yourself Too many new Mortgage Brokers view a commission cheque as their paycheque. It is not their paycheque. It is the gross sales revenue of their business. The commission cheque belongs to their personal...
