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Real Estate Home Mortgages/Expert Profile
Expertise
Can: reverse mortgage, mortgages of all types, debt management and settlement, foreclosure problems, real estate investment strategies. Can't: real estate law, standard banking outside mortgage and debt.
Experience in the area
2002-2004 President of the Utah Association of Mortgage Brokers (UAMB) 2004-2008 Board member UAMB, Fraud task force chair, PR chair, Legislative chair. 2002-2005 Delegate to National Association of Mortgage Brokers, Legislative committee. 1996-2008 COO Debt Free Living- Now Debt Fast Track. Founder of company- consumer debt elimination company. 1994-2008 President Secured Financial Freedom. Mortgage broker, serviced nationwide, 120 employees and handled real estate investment loans for the Carlton Sheets group and some Rich Dad clients. 2005-2011 ARES, LLC. Owner, Manager. Private money investments, business consulting. 2011- present, Reverse My Mortgage, LLC. Managing Member. Reverse mortgage education, marketing and sales. 2011- present. Salt TV Network. Financial contributor, Sales Manager.
Organizations
UAMB, NAMB
Publications
Ezines.com, Authorstream.com, articlesbase.com, articlealley.com, yahoo answers, wiki answers, UAMB newsletters.
Education/Credentials
High School- Alta High graduated 1984 Brigham young University- 1986-1991 Business Finance Major
Past/Present Clients
Salttvnetwork.com, Doreen Stein, PEI institute, Franklin Covey Coaching, Capital Financial Group, the rest are consumers- cannot give out names due to privacy but have had thousands of clients both for debt elimination and mortgage work.
Average Ratings
Recent Reviews from Users
K = Knowledgeability C = Clarity of Response P = Politeness| User | Date | K | C | P | Comments |
|---|---|---|---|---|---|
| Lee | 05/03/12 | 10 | 10 | 10 | |
| sallie | 02/12/12 | 10 | 10 | 10 | |
| Nancy | 01/20/12 | 10 | 10 | 10 | |
| Anthony | 12/25/11 | 10 | 10 | 10 | Thank you very much your answer help ..... |
| Patricia | 12/21/11 | 10 | 10 | 10 | Many thanks! |
Recent Answers from Mark Schow
2012-04-29 "owner":
The ownership of a home is often an independent issue from the home mortgage. In most cases a home mortgage will dictate that all borrowers are also named as owners on title, however once the mortgage
2012-02-08 upgrade a home:
Typically the seller pays the realtor fees which are typically 6% of the purchase price. The closing costs are usually 3% of the loan amount, but can have a range pending your location. some states,
2012-02-08 Fifth Third Bank Refinancing:
Nearly every bank sells their mortgages to one of those sources. Chase, Wells Fargo, Bank of America and several others will continue to service your loan. That means that you make the payment to them
2012-02-07 Fifth Third Bank Refinancing:
Fifth Third has been around for a long time and i have never heard anything to make me think they are not reputable. They will likely sell the mortgage to fannie, freddie or fha which is what most brokers
2012-01-17 PMI:
The property would be considered a rental if your son is not on the loan documents, even if he is on the deed. while it is true that the LTV lending limits are lower for rental properties than owner occupied
This topic answers questions related to purchasing a home, owning a home, home ownership, mortgage education, mortgage applications, and mortgage needs whether buying a first home or refinancing a current loan. Issues related to home ownership, home equity, mortgage education, refinacing options, home improvment finacing, first time home loans, home equity loans, vactation home loans, and mortgages for investment homes are dealt with here also. Though not the primary focus of this topic, Home Equity Lines of Credits (HELOCS), reverse mortgages, and calculating home equity may also be asked. If you do not see your home mortgae, home finacing, or home equity question answered in this area then please ask a question here
Answers by Expert:
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