by EspinalAdlerTeam | Jan 14, 2020 | Apple Peeled, Mortgage Minute with Matt Jablonski
Do you know how I know that the mortgage process is a complete mystery to so many people? It’s not just because I was a loan officer for 15 years and I could hear that in the voices of so many clients. It’s mostly because I still have horrible visions from the day I...
by EspinalAdlerTeam | Dec 10, 2019 | Apple Peeled, Mortgage Minute with Matt Jablonski
A mortgage loan officer has two full-time jobs. At their desk job, they manage a pipeline of active mortgage applications. It’s a job with a lot of paperwork, a little bit of math, some analysis and problem solving, along with the ability to understand and adhere to...
by EspinalAdlerTeam | Nov 12, 2019 | Apple Peeled, Mortgage Minute with Matt Jablonski
I left the mortgage industry this February, after 15 long years as a loan officer. There were many reasons why I left, but I wanted to write about the one I call the “Priceline.com Effect.” I have nothing against Priceline.com. In fact, I use the app quite a bit. If I...
by EspinalAdlerTeam | Oct 8, 2019 | Apple Peeled, Mortgage Minute with Matt Jablonski
Obstacle: You’re self-employed and your most recent year of tax returns show significantly more or significantly less income compared to the previous year. Why it’s an obstacle: When you borrow an amount that is considered a jumbo mortgage (north of $726,525 in NYC),...
by EspinalAdlerTeam | Sep 10, 2019 | Apple Peeled, Mortgage Minute with Matt Jablonski
Written by ESPINAL ADLER Team’s Real Estate Finance Specialist, Matthew Jablonski. About ten years ago, a very angry real estate agent with a slightly bruised ego screamed at me on the phone. I was a loan officer at the time and I had given our mutual client a...
by EspinalAdlerTeam | Aug 13, 2019 | Apple Peeled, Mortgage Minute with Matt Jablonski
When bidding on a property in New York City, you’ll often find yourself up against all-cash buyers or buyers who are willing to waive their mortgage contingency. Those buyers are attractive to sellers because there is one less hurdle to overcome – they do not need to...
