The Christmas season has already begun here in Cocoa Beach.  I listened to 2007’s first Christmas jingle over the radio yesterday.  It was for a mortgage company advertisement that is being drilled into the minds of many.  A lot has changed in the mortgage industry this year so I thought it would be a great time (since I have more lately) to build my Florida Mortgage Wish List.  I wish these things for every homeowner, even if you’re not in our Sunshine State:

1. I wish homeowners or buyers would ask for an upfront Good Faith Estimate to empower them with fair comparison while shopping for their new mortgage.
2. I wish new home buyers or homeowners Settlement Statements or HUD-1’s, actually matched the original Good Faith Estimates provided by mortgage company or bank employees. 
3. I wish mortgage terms provided by banks or mortgage companies; were explained upfront and thoroughly with each and every borrower. 
4. I wish Florida mortgage shoppers asked questions from experienced mortgage professionals; or at least asked about the level of mortgage experience first.
5. I wish all Good Faith Estimates were provided with no discount points and no origination fees.
6. I wish every business owner would take a few minutes of their time and call On Target Web Solutions and see just how much business they are missing. 
7. I wish someone would open a new home owners insurance company and simply undercut the entire Florida market with lower, affordable premiums.  Florida residents are leaving Florida.
8. I wish big banks had to disclose their SRP (service release premiums).  Mortgage brokers are required to disclose theirs and its called YSP (yield spread premium).
9. I wish Veterans received even more discounts from VA regarding their VA Entitlements to purchase a home.  They have earned it.
10. I wish everyone buying or refinancing their Florida home would call BeechTree Mortgage, Inc. and discover the refreshing true perspective with mortgage shopping.

Merry Christmas 2007 : Happy mortgage shopping.

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