Mortgage Planners can Help Potential Homeowners Reduce Monthly Payments by Choosing the Correct Federally-backed Loan Product While the Temporary Increase is in Effect
Did you know? Less than 1% of the mortgage lenders and brokers in the U.S. are CMPS certified. By finding a CMPS professional in your area, you will have the opportunity of working with the "cream of the crop" among all the mortgage professionals in the country!
Baltimore, Maryland Based Mortgage Brokers Reveals 3 Things Lenders Don’t Want You to Know About Shopping for a Mortgage Online
The liquidity crisis that resulted in the recent failure of a number of lenders, including American Home Mortgage Investment Corp. and New Century Financial Corp., has not only shaken confidence in the mortgage industry, but has also left many homeowners wondering how to take the safe road when securing a mortgage loan. While liquidity issues can be detrimental to lenders, they don’t have to impact individual borrowers, as long as borrowers know what to look for when selecting a mortgage professional.
Robert Schiller, a mortgage broker with Residential Home Loan Centers, has passed the qualifying exams to earn the Certified Mortgage Planning Specialist (CMPS) Designation granted by the CMPS Institute, Ann Arbor, Michigan, a training and certifying organization created to help mortgage professionals integrate financial planning concepts into the mortgage process. CMPS designees can offer clients strategies that encompass mortgages, debt, home equity and real estate investment.