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  You are here:  AllExperts > Real Estate > Home Buying/Selling > Real Estate Home Mortgages

Expert Profile: James Setters

Expertise:  I can answer questions regarding residential home mortgages for both purchases and refinances. I have extensive experience in both prime, sub-prime and real estate investing. I approach mortgage lending with a focus on a client's overall financial life and worked for more than 10 years as a financial advisor and planner in the investment and insurance field. My specialty is debt elimination and providing systematic, disciplined plans that show families how to become debt free in 6-11 years, including their mortgage, with no increase in their monthly payments. Feel Free to ask me how! I have access to over 130 of the nation's leading mortgage lenders and most national banks.

Experience in the area
I have more than 17 years of experience in financial services, and have worked in mortgage lending since 1992.

Organizations
National Association of Mortgage Brokers. Ohio Association of Mortgage Brokers. Home Buiders Associations.

Education/Credentials
Life Accident and Health Licensing, passed exam. NASD Series 6 and 63 licensing, passed exam. Licensed Mortgage Broker

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Something interesting about this subject that others may not know:  It strikes me as odd that most financial plans focus on only 3 of the 6 fundamentals of financial planning. Cash flow and debt management are two items that are completely overlooked. If you do not get out of debt BEFORE you retire, the "wealth" you acquired will go from your investments DIRECTLY to your creditors, meaning all the sacrifice was for nothing. Ask me about the "Prosperity Plan!"
What do you like about this subject?  I enjoy working with hard working families who want to get ahead, and showing them how to save money and achieve their goal of home ownership is very gratifying.
Something controversial or provocative about this subject  Mortgages are in the news these days, and many people have questions. Even with all of the apparent upheaval, there is an enormous opportunity to become a homeowner. Rates are still low, home prices are coming down, and the real estate market offers real opportunity for those who decide to make a move.
Average Ratings
Prestige Points: 1790
Knowledge   9.86   Best of the best
Clarity of Response   9.93   Best of the best
Timeliness   9.91   Best of the best
Politeness   9.98   Best of the best
Number Of Questions
(in Past 24 Hours)
0
Max Questions to be Asked
(in 24 Hour period)
15
Total Questions
(since joining AllExperts)
205
Recent Reviews from Users
KnowlClarityTimePolitenessDate
1010101012/01/08
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1010101011/25/08
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User Comments
Wonderful service. Thank you very much. Your answers truly help. Esther
(Esther on 12/01/08)
Thanks so much for your response, it was very helpful. It's appreciated.
(Jay on 11/28/08)
Thank you, now I have more of a fully understanding.
(Ana on 11/25/08)
Thank you.
(John Stosky on 11/17/08)
You are an excellent expert. Thanks very much for your prompt and helpful answer.
(Mary on 10/17/08)
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Recent Answers from James Setters
2008-11-29  loan approval Hakan, Contact your State Department of Financial Institutions or the agency that oversees Mortgage Brokers. According the the information you have provided to me, you did not have a loan approval...
2008-11-27  deflation and rates Jay, Thanks for the interesting question. Mortgage rates are directly affected by capital in the secondary market rather than moves by the Fed. So, in a period of deflation many investors will hold...
2008-11-25   Foreclosures Ana, I wish the solution is was something as simple as a click of a button, but just as there are several things that got us in to this mess, there are several steps that need to be taken to get us...
2008-11-24  Interest Rates Ryan, Thank you for the question. Based on the information you have provided, I would make the following recommendations: Get out your copy of the original note you signed. It will detail the both...
2008-11-24  seniors with five properties Esther, Thank you for the question. Based on the information you have provided, each property is secured with a separate loan so I don't believe they would. Individual mortgages and loans are contractually...
More Answers for "Real Estate Home Mortgages"


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