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 [...]
The Federal Housing Finance Agency has recently made an announcement regarding significant changes to the fees charged by Fannie Mae and Freddie Mac on conventional and conforming mortgages, known as loan level pricing adjustments (LLPA). These changes are considerable, with [...]
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 [...]
National Mortgage News released its Top Producers 2023 List. This year’s top producer survey reflected the tougher environment the mortgage industry faced in 2022 both in terms of dollar volume originated and the number of participants. This year’s results showed [...]
DSCR Loan Meaning Debt service coverage ratio, or DSCR, is a financial metric that is used to measure the ability of a real estate investment property to generate enough cash flow to cover its debt payments. Mortgage lenders use this [...]
Congratulations to the Direct Mortgage Loans team members who have been recognized as 2023 Scotsman Guide Top Originators. This is a remarkable achievement and a testament to their hard work and dedication in the residential mortgage industry. Moreover, The Scotsman [...]
Loan Officer Jennifer Stout from The Southern Coast Team started her journey in the mortgage industry in 2020. Although she started out working part-time, she soon discovered her passion for the industry and decided to make the transition to a [...]
Branch Operations Manager Jamie Russell from The Dobz Group of Direct Mortgage Loans has been in the mortgage industry for 16 years. When asked what she loves most about the industry she states, “I enjoy being part of a team [...]
With a cash out refinance, you can pull cash from your home’s equity – imagine it like a bank account that you can use to pay off other debtors, renovate your home, or purchase something you’ve always dreamed of (boat, [...]
