Below are the reasons it is always better to use your savings to payoff your debt and put less money down than it is to purchase a home with debt and having a large down payment. Paying off your credit cards will increase your credit scores and enable a borrower to secure a lower rate…

One of the biggest myths regarding real estate is nothing happens between Thanksgiving and the Super Bowl, which is nonsense. Realtor Lauren Dayton of Jameson Sotheby, real estate attorney David Schlueter and I had a great conversation regarding this topic on my show, Home Sweet Home Chicago which I think you will find interesting. Please…

Credit card and identity theft increases during the holiday season, because more consumers are out shopping.  I had Gary Novel, the foremost credit expert who has helped thousands of radio listeners and our borrowers enhance and protect their credit, on my show to discuss these topics.  The tips Gary provides during the interview apply to…

Temperatures have been dropping the past thirty days, which means most of our borrowers who live in Chicago and other cold weather states will be firing up their fire places.  It also means that snow and ice storms might knock out power and that people will be using generators to heat their homes. I recently…

For those who have followed me over the years or have heard me on the radio you know that I LOVE reverse mortgage loans, but there is so much negative baggage attached to this amazing loan program. These are the top six reasons I LOVE reverse mortgage loans; Enables experienced homeowners to pay off their…

Attention all first-time homebuyers, which is anyone who has not owned a home within the past three years, I know that doesn’t make any sense but I don’t make the rules. If you are a first-time homebuyers at or below 100 percent of area median income (AMI) and below 120 percent of AMI in high-cost…