Agent

Punk rocker vies for real estate investment career

Ron LeGrand book suggested as starting place

The real estate event of the summer
Connect with other top producing agents at Connect SF, Aug 7-11, 2017

DEAR BOB: A few months ago, my husband and I were first-time home buyers who had trouble getting "pre-approved" for a mortgage, as you often recommend. Then we saw a mortgage broker's little real estate newspaper ad that said, "Loan problems welcome." It turned out our situation wasn't a big problem, although we thought it was. My husband's income varies widely from year to year. He is an independent equipment sales representative. In 2003, he earned over $275,000. But the previous year, his commissions were only about $112,000. The mortgage broker got us "pre-approved" for a "no doc" stated income mortgage. Then we had no trouble shopping for a nice home. Now we are happily settled in our three-bedroom house with a fixed-rate mortgage at 6.12 percent interest. Why don't you tell your vast readership about these "no doc" stated income mortgages? – Sharon V. DEAR SHARON: Shame on me. I should mention unusual mortgages more frequently. So-called "no doc" or "stated income" mortgag...