RE/MAX Holdings has announced that an industry veteran has opened the latest Motto Mortgage in Florida. The franchise, Motto Mortgage Specialists, in Jacksonville, was opened by Chris Clemente.
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VA loans are also attractive to borrowers because the VA home loan program forbids lenders from charging certain fees. VA Mortgage Borrowers Don’t Pay PMI. VA borrowers don’t have to pay private mortgage insurance (PMI) each month. PMI is a monthly payment typically required on conventional loans when a borrower puts less than 20% down.
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The acquisition of CBG represents GMS’s first facilities. Alabama and the Florida Panhandle to serve customers across the Gulf Coast. Post-closing, the CBG operations will transition to the CMI.
Motto Mortgage officially launched on October 25, 2016, and is the first national mortgage brokerage franchise in the U.S.
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The franchise, Motto Mortgage Professionals, located in Astoria, Ore., was purchased and opened by Lance Allbritton, a banking and finance industry veteran, and David Hoggard, broker/owner of RE.
Chris Clemente announced that his new Motto Mortgage franchise, Motto Mortgage Specialists, is now open. "As a mortgage brokerage, Motto Mortgage Specialists brings more loan options as well as a better customer experience to Jacksonville area homebuyers and sellers," said Clemente.
Mortgage fraudsters plead guilty to $10M scheme in South Florida – MiamiBeachCondoLife Brinson pled guilty to charges arising in two indictments, one of which alleged mortgage fraud in Versailles and one of which alleged a separate mortgage fraud scheme in Miami. Brinson was sentenced on November 29, 2011 before U.S. District Judge Patricia A. Seitz to 78 months in prison, to be followed by 3 years of supervised release.
Burns will lead company’s efforts to expand its Non-QM presence in GA, FL, NC, TN, AL, MS & SC. ClearEdge recently hired Account Executives Nina Barroso (Atlanta MSA), Rick Culp (“Space Coast..