Archive for the ‘Purchase Loan’ Category

  • Learn How to be a Millionaire! The Millennial Millionaire Maker

    Learn How to be a Millionaire!  The Millennial Millionaire Maker Please contact me at: Cell: 619-857-

  • Mortgage Pre Qual vs. Pre Approval

    The Skinny on Pre Qualification Getting pre-qualified is the initial step in the mortgage process, and it’s generally fairly simple. You supply a bank or lender with your overall financial picture, including your debt, income and assets. After evaluating this information, a lender can give you an idea of the mortgage amount for which you qualify. Pre-qualification can be done over the phone or on the internet, and there is usually no cost involved. Loan pre-qualification does not include an analysis of your credit report or an in-depth look at your ability to purchase a home. The Skinny on Pre Approval Getting pre-approved is the next step, and it tends to be much more involved. You’ll complete an official mortgage application, then supply the lender with the necessary documentation to perform an extensive check on your financial background and current credit rating. (Typically at this stage, you will not have found a house yet, so any reference to “property” on the application will be left blank). From this, the lender can tell you the specific mortgage amount for which you are approved. You’ll also have a better idea of the interest rate you will be charged on the loan. With pre-approval, you will receive a conditional commitment in writing for an exact loan amount, allowing you to look for a home at or below that price level. Obviously, this puts you at an advantage when dealing with a

  • The Subprime Mortgage Meltdown….explained by stick figures!

    Much time has passed, and many people don’t really know how the whole Subprime Mortgage Meltdown happened.  People who have seen the recent movie, “The Big Short” have a much better idea, but for those who have not, take a look at this quick video and you will have a better understanding of just what happened. It is pretty funny, but has a few “bad” words in the text near the end, so for the easily offended…harden yourselves! Trust me, you will come out enlightened…..or something else. Cheers, Craig Sutliff Mortgage & Real Estate Consultant The GreenHouse Group. Cell:  619-857-4954 Email:

  • How to Choose an Agent

    How to choose a real estate agent to help you buy or sell a home. Most people start their search online or seek the advice of friends. Some people will seek out top producing agents or start at some of the big companies such as Century 21 or Prudential. But, will that guarantee you of an exceptional agent, or even, an exceptional experience? Experience shows that what matters most is finding an agent that you have a personal connection with, and who is going to have a laser-like focus on your needs and do everything to achieve the goals. If you’re looking for an agent that will work tirelessly for you, then look no further. Please give me a call or shoot me an e-mail and I will provide you with a free 90-minute consultation to find out exactly what you’re looking for, what is important to you, and to see if we are a good fit for each other. There is absolutely no obligation from this meeting, what really drives me is to leave people better than I found them. I look forward to hearing from you. Craig Sutliff Real Estate Consultant & Mortgage Planner The GreenHouse Group P: 619-857-4954 E: BRE Lic# 01735288, NMLS ID#

  • Brexit for Breakfast, yum!

    Brexit for Breakfast, yum! So what does England withdrawing from the European Union mean for the mortgage and real estate market? Well, as I’m sure you’re already aware, we have had a massive sell-off in the stock market.  The money that used to be invested in stocks, is now running to the safety of bonds.  With the increased demand for bonds the price of bonds increases which, consequently, pushes the interest rate, or yield, of those bonds down.   In turn, this translates into lower mortgage interest rates.  So if you are buying a home or refinancing your current mortgage right now, your timing could be no better.  Lower interest rates means lower payments and increased savings, something everyone loves!  Additionally on the real estate side, these lower interest rates will increase your purchasing power and will allow you afford a higher-priced home without an increase in your monthly payment!  The old adage that it only makes sense to refinance if you drop your interest rate by 1% made sense in the “old” days when most mortgage loans were around $100,000.  But, most people have mortgage loans ranging from $300,000 to $600,000 and even .500% drop in interest rates could save you tens of thousands of dollars.  So, for a free mortgage loan consultation to see if refinancing might make sense for you, or how much more purchasing power a lower rate will provide you, give me a call or shoot me an

  • Great Life Hack for Anyone

    Hey there, here is, what I think, is a great life hack for anyone. Most people strive to improve upon themselves in business and in their own personal lives.  It is something that drives me to improve myself every day.  Whether it is to be a better agent for my home buyers and home sellers, be a better mortgage consultant for my mortgage loan clients, a better father to my kids, a better husband to my wife or a better friend to those dear to me.  I will always strive to do my best.  Though, in order to improve, one must also recognize areas that need improving.  So, with Father’s Day just passing by, I decided to share with you one thing that I tell my children, and that is:  “Take my Best, and Improve upon the Rest.”  There will always be certain things that we wish we could do better, and certain shortcomings that, for whatever reason, we just can’t seem to change.  So I tell my kids that I will always strive to do my best, and improve myself, to take the best I have to offer them in life, and then work on improving the areas, for themselves as they grow older, where they might think I have come up short. Kind Regeards, Craig Sutilff Real Estate & Mortgage Consultant The GreenHouse Group, Inc. Email:

  • Question you MUST ask when buying a home

    Here is a Question you MUST ask when buying a home. As they say, buying a home is one of the largest financial decisions you’ll make in your life. What THEY never tell you is all the important intricacies and decisions that come up AFTER you find that perfect home. Craig Sutliff here with The GreenHouse Group.  I’d like to talk to you briefly about one of those important decisions that seems innocent enough, and that is obtaining home insurance. Now the lender is going require you to have insurance on the property that they’re financing, that makes sense.  But, not all insurance policies are not created equal. The lender requires, what is called, a Fire and Hazard policy, to cover the home.  What THEY don’t tell you, is what is NOT covered inside your home. Many people own valuable things, such as: coin collections, stamp collections, sports memorabilia or card collections, firearms, or jewelry such as wedding rings….all of these important and valuable items are NOT covered by a standard policy. To have these items covered you’ll need to purchase what are called an insurance Riders for any of those specific items. Now, most buyers will wait until late into a real estate transaction before they contact an insurance agent or broker, and many times after they have removed all their contingencies and their earnest money deposit essentially belongs

  • Home Buying Tips – Final Walkthrough

    Home Buying Tips!  A very important step in the home purchasing process, is the verification of property condition, or more commonly known as the final walk-through. There are 3 crucial steps to do in the final walk-through.  First of which is to verify that the repairs that were negotiated, were completed by the seller and done to the satisfaction of the buyer. For this, it is important to bring with you the home inspection report and the list of the items that were requested to be repaired. That way you can be thorough and verify that everything requested was addressed. The 2nd step is to verify that the property is in relatively the same condition as when the purchase contract was accepted. Often, people hire a moving company and sometimes damage occurs when moving the contents of a house. It is important to inspect the condition of the drywall and flooring to ensure no damage occurred. Now, the 3rd step, and probably most important thing to do in the final walk-through, I will ask that you get in touch with me by e-mail at or give me a quick call at 619-859-4954 and I will be happy to share this crucial step with you. You want to be sure not to close escrow until you have done this one final thing. I look forward to hearing from you. Craig

  • Buying Multiple Units As An Owner Occupied Property

    Apr 4, 16 • Huggy • Purchase LoanNo CommentsRead More »

    Having see-through vision is not just for Superman.  We all have this power but it’s only when we move forward with some intention to execute that vision that we see it’s profound impact. When it comes to buying residential real estate most people think in terms of one home and one purchase and they only own one home at a time throughout their lives.  Some who see their home as more of a business decision rather than just an investment may have enough vision to someday convert their owner occupied home to an investment property and keep it as a rental property.  This allows them to keep their asset and collect rental income which pays for the mortgage, property taxes, and insurance.  This frees them to move on to buy the next property. I can already hear you saying “easier said than done”.  And you’re right, there can be some big obstacles to achieving this vision like needing the equity in the first home as a down payment for the next home which is usually accomplished by selling the home or harvesting the equity through a second mortgage or equity line.  Another obstacle is qualifying for two house payments.  The only way to avoid this is to claim the rental income on your taxes for house number 1 to offset the mortgage before buying house number 2.  This takes time and

  • Time to Update Your Pre Approval

    Apr 4, 16 • Fat Ashton • Purchase LoanNo CommentsRead More »

    Time to Update Your Pre Approval Most of you who have been out there shopping for a little bit, are most likely shopping on a pre-approval based off 13′ and or 14′ taxes.  Well now that the 2015 Tax deadline has come and gone, most of you have probably filed your 2015 Taxes. So it’s time to update that pre-approval with your new tax information. To dot hat it’s a simple as shooting me an e-mail with your 2015 taxes at  

The GreenHouse Group, Inc. | Real Estate Consulting & Mortgage Planning. "Moving People With Purpose."

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