Kendall Winkelman, Branch Manager of The Hill Group of Direct Mortgage Loans started her journey in the mortgage industry 5 ½ years ago. What she loves most about working in the industry is the ever-changing nature of the work and [...]
Lisa Etchison is the Post Closing Collateral Team Lead at Direct Mortgage Loans. Prior to joining Direct Mortgage Loans, she worked for a small law office specializing in real estate for 18 years, where she developed a passion for investigating [...]
What is the best option for first-time home buyers? The best mortgage option for first-time homebuyers depends on their individual financial situation and goals. Nonetheless, the most popular loan options for first-time homebuyers include conventional, FHA, USDA, VA, and Specialty loans. [...]
The Federal Housing Finance Agency (FHFA) has recently announced a significant decision to remove a contentious loan-level pricing adjustment (LLPA) that directly affected conventional borrowers with debt-to-income (DTI) levels at or above 40%. Originally slated for implementation on May 1, [...]
Jan Ozga began his career in the mortgage industry 28 years ago, after spending more than 15 years working in hospitality. Despite transitioning to a new and unfamiliar industry, he was able to draw upon the skills he had developed in [...]
Direct Mortgage Loans Annual Step Challenge has concluded, and the results are in. The challenge spans approximately two weeks in April and is a way to promote a sense of community and encourage healthy habits among our staff. Employees can [...]
Dean Johnson is a name that resonates with respect and admiration in the mortgage industry. With over two decades of experience, he has established himself as an innovative leader in the field. Throughout his career, he has built a division [...]
If you're shopping for a conventional mortgage, you may come across the term Loan-Level Pricing Adjustment (LLPA). LLPAs are fees established by Fannie Mae and Freddie Mac that help lenders account for the level of risk associated with a mortgage loan. These adjustments are based on several factors, including a borrower's credit score, loan-to-value (LTV) ratio, property occupancy type, and the number of units in the property.
Closer Hollie Barone began her journey in the mortgage industry seven years ago and joined our DML team five years ago. When asked what she loves most about the industry she states, “Getting the opportunity to positively impact someone’s life [...]
Are you a real estate agent looking to establish a successful relationship with a loan officer? Or maybe you are a loan officer searching for ways to improve your collaboration with a real estate agent? In either case, building a [...]
