Team Hochberg Blog
Your HELOC is coming due… now what?
Millions of Americans took out home equity lines of credit (HELOCs) ten years ago, right around the time that the real estate market was crashing. I love HELOCs and think they are great options for lots of different scenarios but many of them were set up with balloon payments after 10 years, so many people…
Read MoreReverse Mortgage Loans: Why Now Might Be The Right Time
If you’ve ever heard of me, you’ve probably heard of the fact that I am one of the most consistent advocates of reverse mortgage loans in the marketplace today. I love these loans, and I hate that their reputation has been so maligned by scum bag lenders and by people who, respectfully, don’t have any…
Read MoreYou Saved Us: Let Us Help You
If you’ve served our country in the military, you have sacrificed more than 99% of the population and that sacrifice is too often ignored. Team Hochberg understands what you have given our country and we want to give back. That’s why we work with organizations like Veteran Roasters, the Patriot Education Fund, and more to…
Read MoreYou Helped Us: Let Us Help You
There are certain professions that are frankly a lot more important than selling mortgages. That’s why Team Hochberg loves helping out those who have helped society by working in jobs that not everyone would sign up for. If you are employed in any of the below professions, you could qualify for a $400 closing cost…
Read MoreFirst Time Home Buyer: Work with Experts You Can Trust!
If you’ve made the decision that you’re ready to buy a home for the very first time, congratulations! Home ownership is a great wealth building tool, and can have huge benefits for your family. However, shortly after you decide you want to become a homeowner you realize that you have a million questions that can…
Read MoreInterest Only Loans: The Right Loans for The Right Borrowers
There are a few different loan products that have been unfairly blamed for the financial calamity that most of lived through in 2007-2008. Blaming a loan for something that scumbag lenders did is a lot like blaming a bank robbery on a crowbar rather than the actual criminals. Interest only loans can be a great…
Read MoreAmerica’s Nine Hundred and Thirty Billion Dollar Problem: Credit Card Debt
America loves baseball, apple pie, and credit card debt. As a country, we’re walking around with about 930 billion dollars of credit card debt, which works out to about $16,000 of debt per American household. In some ways, this is actually a good thing! Credit card debt is a sign that people are spending more,…
Read MoreMortgages in 2018: The Good the Bad and the Highly Regulated
To secure a mortgage in 2018 there are several basic concepts to keep in mind depending on your situation. The economy is strong: This means that more and more people are staying in one place, which limits new inventory coming into the market. Millennials are here to stay: More and more millennials are finally moving…
Read MoreReal Estate Market Today: David Hochberg and Scott Ellis Describe How the Market Has Changed
As part of The Biggest Winners Podcast series, David sat down with Team Hochberg’s own Scott Ellis! Scott and David have both been in the mortgage industry for a long time, and they discussed the many changes they’ve seen in the ever changing real estate market. Listen to the full conversation via WGN Radio. If…
Read MoreSteve Dahl Show’s Sports Machine: 4.24.18
David Hochberg joined The Steve Dahl Show‘s “Sports Machine.” Enjoy!
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