Comments on: Good Advice for someone in an ARM http://www.lansingmimortgage.com/good-advice-for-someone-in-an-arm.html Michigan Mortgage - Get The Advice You Deserve - Cornerstone Home Loans Thu, 02 Feb 2012 22:11:28 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Evan http://www.lansingmimortgage.com/good-advice-for-someone-in-an-arm.html/comment-page-1#comment-1002 Evan Mon, 23 Nov 2009 14:41:36 +0000 http://www.lansingmimortgage.com/?p=381#comment-1002 Denee, thanks for asking. I do charge for advice as well as provide mortgage services. Sometimes my clients have come to me with cases that quite obviouly will never turn into a mortgage closing, yet they need advice and help navigating through the process. We created a kind of "fee based lending" service for those clients. Many who are currently in an ARM type mortgage (that I did not write) fall into this category. A small retainer to compensate me for my time and expertise makes sure I'm spending my time with those who find it valuable. Denee, thanks for asking. I do charge for advice as well as provide mortgage services. Sometimes my clients have come to me with cases that quite obviouly will never turn into a mortgage closing, yet they need advice and help navigating through the process. We created a kind of “fee based lending” service for those clients. Many who are currently in an ARM type mortgage (that I did not write) fall into this category. A small retainer to compensate me for my time and expertise makes sure I’m spending my time with those who find it valuable.

]]> By: Denee` Ellis http://www.lansingmimortgage.com/good-advice-for-someone-in-an-arm.html/comment-page-1#comment-993 Denee` Ellis Fri, 20 Nov 2009 20:46:16 +0000 http://www.lansingmimortgage.com/?p=381#comment-993 ..."With respect to payment, if you don’t refinance with us, I’ll bill you as we discussed. That said, if I didn’t get payment from you for a long time, that would be okay (and I’ll never call you for it) I just need to be consistent with clients on the front end..." What does that mean? You charge for advice or did you provide some other service to him you don't reference. Just curious. …”With respect to payment, if you don’t refinance with us, I’ll bill you as we discussed. That said, if I didn’t get payment from you for a long time, that would be okay (and I’ll never call you for it) I just need to be consistent with clients on the front end…”

What does that mean? You charge for advice or did you provide some other service to him you don’t reference.

Just curious.

]]> By: Tony Olds http://www.lansingmimortgage.com/good-advice-for-someone-in-an-arm.html/comment-page-1#comment-989 Tony Olds Fri, 20 Nov 2009 20:23:55 +0000 http://www.lansingmimortgage.com/?p=381#comment-989 Thanks Evan for sending this out and commenting on this info with ARMs. I am going to schedule an appointment with you after Christmas to discuss in person our options. Thanks again! Thanks Evan for sending this out and commenting on this info with ARMs. I am going to schedule an appointment with you after Christmas to discuss in person our options. Thanks again!

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