Category: News

The Feeling of Home

I work to help others achieve the American Dream. I work to help others own a home where they can celebrate the holidays, watch their families grow, and experience the nuisances of having a space that is completely their own.

My days consist of helping people buy homes, and for this, I consider myself lucky. I, along with my team, work hard to make the financing process smooth and simple so that the moment you can call a home your own is joyful and proud.

And I feel immensely privileged to know that I have won the 5 Star Professional Award for the work that I love. This award is icing on the cake. It makes everything a little bit sweeter, but the work is its own reward.

Thank you for trusting me and for choosing me to be your loan officer. It is an honor to work with you and to help you make one of the biggest purchases of your life.

Thank You for Making Me a Top Originator of 2016

Top1% 2017

I’m proud to announce that I have been ranked in the Top 1% of Mortgage Originators in America in 2016!

As they say, it takes a village. No one ever accomplishes anything alone, and I am no exception. I’d like to thank my team. Without them, none of this would be possible. They support me and help me be the best loan officer I can possibly be. I’m lucky to work with such bright and talented people.

To my business partners, thank you for making me the loan officer you turn to. It’s a privilege to be in that position.

But above all, I’d like to thank my wonderful clients. Each one of you had a choice, and you chose me. Thank you for working with me and trusting me with the financing of your home.

A home is more than a dwelling. It’s where families grow and where memories are made. And it’s one of the biggest and most important purchases that most people will ever make. That’s why I take my job so seriously.

Though being a top originator is a huge accolade and a highlight of my career, I will never stop striving to be better and improve the lending experience for my clients.

Thank you for this honor.

Thank You for Helping Us Get to Number 1!

Thank you 2016

Skyline Home Loans has been ranked number 1 in purchase transactions in 2016 in Burbank, Glendale, La Canada Flintridge, Montrose, Sunland, and Tujunga! We are so proud and humbled by this tremendous honor.

Accolades like this that remind us what’s important in our industry: our clients. Thank you for choosing to work with us. All that we have achieved has been because of you. It has been our pleasure serving you.

Source: CoreLogic Marketrac Lender Profile Report. Valid for 1/1/2016-12/31/16. Information is deemed reliable but is not guaranteed. Skyline Home Loans is #1 in purchase transactions.

9 U.S. Cities Still Underwater in Mortgages

Equity is growing across the country for more and more homeowners. The number of underwater mortgages is also improving. But in nine U.S. cities, more than one in five home owners are considered seriously underwater. The national average is only about one in 10 as comparison.

Here are the nine housing markets most beleaguered by underwater mortgages:

Cleveland

  • Percentage seriously underwater: 27.5%
  • Percentage of equity rich: 11.8%

Las Vegas

  • Percentage seriously underwater: 25.7%
  • Percentage of equity rich: 14%

Akron

  • Percentage seriously underwater: 24.9%
  • Percentage of equity rich: 12.6%

Dayton

  • Percentage seriously underwater: 24.1%
  • Percentage of equity rich: 10.9%

Toledo

  • Percentage seriously underwater: 23.6%
  • Percentage of equity rich: 13.1%

Chicago

  • Percentage seriously underwater: 22.5%
  • Percentage of equity rich: 13.2%

Lakeland, Fla.

  • Percentage seriously underwater: 21.6%
  • Percentage of equity rich: 15.9%

Detroit

  • Percentage seriously underwater: 21.3%
  • Percentage of equity rich: 17.6%

Kansas City

  • Percentage seriously underwater: 21.2%
  • Percentage of equity rich: 10.9%

Source: RealtyTrac and MarketWatch, August 11, 2016

CEO Bill Dallas’ Take on Repaying Your Mortgage Early

mortgage
mortgageNot only is our very own Bill Dallas an entrepreneur, a CEO, and a writer, he’s also a thought leader in the mortgage industry. It’s no wonder that he’s so well respected, having more than 30 years of experience and having founded numerous successful companies.

For years, Bill Dallas has been the “go to” guy for high-level mortgage industry advice and even market predictions.

Most recently, Dallas was asked to weigh in on a commonly discussed topic for consumers: should you pay off your mortgage early?

Dallas puts his years of experience to good use, as he helps homeowners better understand the mortgage process.

Check out his insightful thoughts on early repayment in an article on NewHomeSource.com.

Click here to read the full article.

CEO and Thought Leader Bill Dallas’ Thoughts on Brexit

brexit
brexitOur very own CEO, Bill Dallas, has a pretty impressive resume having founded more than half a dozen successful companies. In fact, he founded his first company just a few years out of college!

Bill has been considered a mortgage thought leader for years, and now, not only is he a titan of the industry, he is also an accomplished author with a monthly article on the financial website The Street.

This month, Bill’s article deals with the impact of one of the biggest events to affect the world economy – Great Britain’s vote to leave the EU.

Check out Bill’s thoughts on the Brexit’s long term impact on the mortgage industry.

How the Brexit Can Save You Money on Your Home Loan

mortgage
Brexit may be bigger than we anticipated!

Great Britain surprised the world by voting to leave the European Union, but the effects of the decision can be felt around the world and in all sorts of different industries.

For home buyers or refinancers in the United States, the Brexit is actually good news because it could actually lead to even lower interest rates!

Interest rates has actually dropped since the Brexit and are approaching historic lows, and that can only mean one thing for home buyers and home owners – an opportunity to save money.

Lower interest rates mean smaller mortgage payments. Even a small change in interest, like a quarter of a percentage point, can add up to thousands of dollars over the term of a mortgage.

Global economic uncertainty means that interest rates are staying low or could even go down, at least for the time being.

So if you’ve been wondering if now is a good time to buy or refinance, you might want to take advantage of these incredible rates while they’re low.

Ready to take a leap? Give me a call or shoot me an email!

Source: U.S. News, June 24, 2016

Why the Brexit Means Low Interest Rates for You

brexit
Yesterday, British voters voted to leave the European Union in search of more economic independence. Although Great Britain is across the pond, this decision has an effect on the US mortgage market.

As of today, the Brexit is actually keeping interest rates low. In fact, according to the Washington Post, the Federal Reserve feared that Great Britain would leave the EU and kept rates low in response.

Right now, rates are significantly lower than they were at this time last year. Because rates are so low, it could be a great time to take the leap and purchase a home or refinance.
Even a quarter of a percentage point can save you thousands of dollars on your mortgage.

But time is of the essence. Interest rates can’t be predicted, and they can increase at any moment. A small rate increase could amount a lot of money. So the time to lock in that low interest rate is now!

If you’re ready to buy a home or refinance and want to take advantage of these great rates, give me a call or shoot me an email.

Source: Washington Post, June 24, 2016