Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
91,118
# of Subscribers
Contact Information
phone: (757) 537-5314
mobile: (757) 537-5314
fax: (757) 215-4141
Home  » Directory  » Jason York
Jason York
Vice President of VA Operations,  Prime Mortgage Lending, Inc
4804 Courthouse St,  Suite 4B
Williamsburg,  Virginia  23188
Articles
No Articles Contributed. Click Here to learn more about contributing to MND.
Comments
""Appraisals sometimes are assigned to the least qualified, least competent appraisers, but especially in a distressed market, competent and qualified appraisers - such as designated members of the Appraisal Institute - should be hired for difficult assignments." Ok, seriously? So I assume an appraisal request is sent out to a less competent and qualified appraiser, and he looks at it and says, "Man this looks difficult, and I don't think I am competent enough to complete it. I'll..."    View Comment
"Very well written Matt. It's something I try to go over with some of my customers that ask about the relationship of rates vs. the 10yr Treasury. While it is a great indicator, it isn't THE indicator. Of course your write up here is puts everything a lot cleared then I probably say it. Spot on as always!"    View Comment
"I prefer the RedBud option (#1) as it looks more like the old GFE we had. It is to the point, and not much room left for confusion."    View Comment
"Exactly VB. When I pre-qualify someone, and find out what their maximum qulaified purchase amount is, guess where the purchase ends up being? I may tell them they can go to a max of $250K, but should probably stay around $225K, but then I will get a contract right at $249,900, or I start getting questions about whether $255K would work or even $260K. I'm sure it isn't all the Realtor, and consumer is looking to stretch everything they can, but I don't think there is much help in keeping..."    View Comment
"Good read AQ. Thanks for the confirmation that all of the water bailing in my float boat today will be worth it. Sometime you need to bail a little water through the storm, to see the sun shining on the other side. This is where the good ones "earn their commission" as you said!"    View Comment
Q & A Questions
No Recent Q & A Questions
Q & A Answers
Forum Posts
"Are you crazy Bob, of course it wasn't a NINA. You can't do those anymore. This was a No Doc!! LOL."    View Post
"No not at all."    View Post
"I refinanced my brother-in-law a few months ago, from an ARM to a fixed, and he just called me because he got an Audit Survey from Wells Fargo, asking him some questions about his loan process. he mainly called to make sure it was a legit letter. I hadn't ever heard of it, so he read off the questions to me. It asked him if he was asked to sign his application blank or incomplete, and if he was asked to omit anything from the application. There were a few other generic questions, but these two..."    View Post
"It has been a while since I have come up against the maximum owned property guidline, but I have a customer who already owns 4 properties, and is looking to purchase a 5th. I seem to think that 4 is the normal limit with most lenders, but wanted to see if there was anyone else that knew of any other lenders that would allow more. Thanks."    View Post
"Well, I did look at FHA guidelines, and it has it listed at 2 years on a Chap. 7, and no time limit for Chap. 13. It did say that less the 2 years, but greater the 1 year, would be allowed as long as you could show extenuating circumstances that caused the BK, then it would be case by case. It also said that self employed people would have to wait 3 years, and someone that foreclosed on a house would have to wait 3 years. That is all I have really found though. I looked at TBW's FHA guidelines..."    View Post
Our Story
Founded in 2004, Mortgage News Daily has established itself as a leader in housing news, analysis and data. Our innovative social media platform combines industry leading content and data with an active community of industry professionals, to accomplish our primary goal - keeping our readers informed.
Total Members
91,118
Home - About - Contact - Sitemap - Disclaimer - Privacy Statement - Advertising - RSS
All Content Copyright © 2003 - 2013 Brown House Media, Inc. All Rights Reserved.
Reproduction in whole or in part in any form without the express written permission of MortgageNewsDaily.com is prohibited.

Mortgage News Daily is a CNBC Partner Site.