Office: 919-929-6116
Fax: 919-869-1510

 

CIMG Residential Mortgage
1300 Environ Way – 3rd floor
Chapel Hill, NC 27517

Log In Apply Now &
Create Account

Menu

  • Home
  • Mortgage 101
  • Loan Options
  • Getting Started
  • Blog
  • Mortgage Rates

Month: January 2018

3 Best Reasons To Buy A Home In 2018

3 Best Reasons To Buy A Home In 2018

As a mortgage banker, it is fairly obvious that I believe in homeownership.  Not to mention that I’ve owned 2 homes in Chapel Hill, 1 home in Chicago, and I’m on my 6th mortgage.  If you are considering a home

Frank Rexford January 29, 2018February 20, 2018 General Information Read more

Rates Shooting Higher

Rates Shooting Higher

The 10-year Treasury note – the key benchmark rate – has surged to it’s highest level since April 2014.  Current movement indicates further moves up are likely, so it will be interesting to see what comments the Fed makes along

Frank Rexford January 29, 2018February 20, 2018 General Information Read more

Don’t Miss These 3 Local Foodie Spots

Don’t Miss These 3 Local Foodie Spots

My list of favorite spots to eat in Chapel Hill/Carrboro would be a very long one, but this Washington Post article touts 3 excellent choices.  And Blue Dogwood Public Market, opening at 306 West Franklin Street, looks to be a

Frank Rexford January 28, 2018February 26, 2018 General Information Read more

Reflections on the Financial Crisis of 2008

Reflections on the Financial Crisis of 2008

Kai Ryssdal interviewed the CEO of Fannie Mae for this article, which offers some great insight into just what Fannie Mae does.  In short, Fannie Mae is one of the key players that makes the mortgage market work.  The article

Frank Rexford January 25, 2018February 20, 2018 General Information Read more

5 Housebuying Tips from Realtor.com

5 Housebuying Tips from Realtor.com

Here are some great buying tips from Realtor.com to consider as you plan to buy a home.  Buried under item number 3 is a warning that starts with “Also be cautious of incoming emails…” which I think should be in

Frank Rexford January 25, 2018February 20, 2018 General Information Read more

Surprise decline in U.S. home sales in December

Surprise decline in U.S. home sales in December

The issue with declining sales is not that there isn’t demand.  The challenge is that there simply aren’t enough homes available – national housing inventory is down 10.3% from a year ago, and last year was a hot market!  This

Frank Rexford January 24, 2018February 26, 2018 General Information Read more

Consider a 15 Year Fixed Rate Mortgage

Consider a 15 Year Fixed Rate Mortgage

Suze Orman thinks more people should choose a 15 year fixed rate mortgage, but I don’t think a 15 year fixed rate mortgage is right for everyone.  However, if you have your retirement savings on track, along with 8 months of emergency funds

Frank Rexford January 24, 2018March 5, 2018 Knowledge Center No Comments Read more

Saving For Your Down Payment

This article has some great tips to help you get started saving for your down payment.  6 months from now, you’ll wish you had started today!  Other than simply saving more, the two techniques I see most often employed to

Frank Rexford January 23, 2018February 26, 2018 General Information No Comments Read more

Retirement planning

Retirement planning

Your ability to save for retirement should be considered when planning your mortgage – for some initial guidance, check out this article from USA TODAY. Retirement planning: Here’s how much money you should have saved at every age. https://usat.ly/2C4VDM0

Frank Rexford January 1, 2018February 20, 2018 Knowledge Center Read more

Blog Categories

  • General Information
  • Knowledge Center
  • News

Recent Posts

  • When will rates go back down?
  • Conforming Loan Limit Increasing to $715,000
  • What The Fed Rate Increase Means To You
  • Should You Pay Off Your Mortgage Early – Or Invest Instead?
  • Conforming Loan Limit Increase for 2022

Blog Archive

  • October 2022
  • September 2022
  • August 2022
  • February 2022
  • January 2020
  • December 2019
  • November 2019
  • September 2019
  • January 2019
  • November 2018
  • October 2018
  • September 2018
  • March 2018
  • February 2018
  • January 2018
  • November 2017

Important Reminders About The Mortgage Process

  1. Don’t apply for any new credit until after we have closed your loan, and don’t make any unusual charges on your existing credit.  Your loan is being underwritten per your current financial status.
  2. Photographs of documents are NOT acceptable.  Originals, scans and faxes are acceptable.
  3. Bank statements must contain your name, your account number, and 30 days of complete activity.  We need ALL NUMBERED PAGES of banks statements.  Even if any numbered pages are blank.
  4. Please provide your closing attorney information asap so that we can order your title work.
  5. Please provide your homeowner’s insurance agent’s contact info asap so that we can request your insurance documentation and submit it for approval.
  6. Once you have signed your loan application, we will send you a request to pay for your appraisal fee with a credit card.
  7. Please directly contact your closing attorney to obtain wiring instructions for your closing funds – you MUST do this yourself for your own security. No one on my team and no one from Corporate Investors Mortgage Group, Inc. will ever send you wire instructions. If you receive an email from anyone at Corporate Investors Mortgage Group, Inc. providing you with wire instructions, do NOT wire your funds with those instructions and notify me immediately.

Frank Rexford

  • Home
  • Contact Frank
  • Contact Matthew
  • Directions
  • Loan Options
  • Getting Started
  • About CIMG

NMLS ID: 119234
LO Lic. NC: I-128094

CIMG Residential Mortgage
1300 Environ Way
Chapel Hill, North Carolina 27517

CIMG NMLS ID: 39460

Recent Posts

  • When will rates go back down?
  • Conforming Loan Limit Increasing to $715,000
  • What The Fed Rate Increase Means To You
  • Should You Pay Off Your Mortgage Early – Or Invest Instead?
  • Conforming Loan Limit Increase for 2022
  • Qualifying for a mortgage after a bankruptcy, foreclosure, short sale, or deed-in-lieu
  • Buying a new home is finally getting easier for Millennials
  • Fannie Mae and Freddie Mac – Conventional Conforming Loan Limits Increased for 2020
  • Don’t Let Scammers Steal Your Down Payment
  • What The Fed Rate Cut Means To You

Frank’s Blog

  • News
  • General Information
  • Knowledge Center

© 2005-2023 Frank Rexford Mortgage Team  -  Your Chapel Hill, Durham, Raleigh Mortgage Experts Site developed by Kimball Rexford