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Mike Boerlin

08-21-2015

Thank you for visiting my blog. I know you will find the services offered here helpful and the insight on loan programs educational. As a professional in the mortgage lending industry, I have built my reputation on providing outstanding service and knowledge to my clients. That means you can count on me to always look out for your best interests, and to keep you informed throughout every step of the lending process. Please do not hesitate to call 831.626.2112 if you have[...]

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What's in Your Tool Box: Unique style homes

05-28-2015

For as long as I can remember (I became a loan officer in 1993), there was no conventional, mainstream, loan available for log homes, geodesic domes or earth homes. Well my friends, times they are a changing. Fannie Mae came out with a Lender Letter, LL-2014-02, on March 25, 2014 that blew some of these old cobwebs right out the window. See an excerpt below and let’s do some loans on “unique” housing types! “Unique housing types such as log homes, geodesic homes, or[...]

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DU or LP? How can one lender do something that another lender cannot...

04-07-2015

How can one lender do something that another lender cannot these days……………….DU and LP.    What?  You have never heard of those acronyms or maybe you have but not 100% sure what that means to you? I’ll let you know how this can help you close more transactions in a moment but first a little background. Most Realtors have heard of these but may not know the “back-story”.  All loan originators know the power of[...]

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