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

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Month: February 2018

The HELOC Interest Deduction Is Dead

The HELOC Interest Deduction Is Dead

With the implementation of the new tax code, 2018 is the last year you can take a deduction for interest paid on your HELOC or HELOAN.  People have traditionally tapped into home equity to pay for renovations, tuition, pay off

Frank Rexford February 26, 2018October 17, 2018 General Information, News Read more

The New Tax Code – 6 Things To Know

The New Tax Code – 6 Things To Know

Your income taxes will be affected by tax reform, and if you’re planning to buy a home this year, you should know how the new tax law has changed the rules of homeownership. Yes, you still need to find the

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

2018 Is A Hot Year To Sell. So How Do You Buy A Home?

2018 Is A Hot Year To Sell.  So How Do You Buy A Home?

Inventory shortages are driving the housing market, making it a great year to sell a home, but a challenging one if you are a buyer.  So just how do you make a winning offer?  First off, you need to be

Frank Rexford February 26, 2018February 27, 2018 General Information Read more

Tax Reform & Your Decision To Buy A Home

Tax Reform & Your Decision To Buy A Home

The two most impactful tax-code changes are the decreased mortgage interest deduction and the state and local tax (SALT) deduction cap.  The mortgage interest deduction is now capped at $750,000 – formerly limited to $1 million.  But who has a

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

Mortgage Broker or Mortgage Banker ?

Most borrowers focus on their mortgage rate and loan terms and never consider the type of lender they will choose.  Read on to find out why that could be a mistake.  Once upon a time you would obtain your home

Frank Rexford February 21, 2018February 26, 2018 General Information Read more

Rates Continue To Rise

Rates Continue To Rise

Rates are currently at a 2-year high, due to a number of factors – including the anticipation of higher inflation due to federal tax cuts which will increase consumer spending, as well as increased spending on infrastructure.  The Fed raises

Frank Rexford February 21, 2018February 21, 2018 General Information Read more

Don’t Make This 401-K Mistake

Don’t Make This 401-K Mistake

I call it free money, and you’d be surprised at the number of people who don’t take advantage of this employee benefit.  They say you should “pay yourself first” and I think that means you should be maxing out your

Frank Rexford February 13, 2018 General Information Read more

It’s Easy Being Green

It’s Easy Being Green

It may be easier than you think to make lifestyle and consumer choices that are eco-friendly.  Consumers demanded and manufacturers have begun delivering better, cheaper environmentally friendly products.  Read on to find out how to make choices that are readily available, easily accessible, cost

Frank Rexford February 10, 2018February 26, 2018 General Information Read more

Chapel Hill – Practically Utopian

Chapel Hill – Practically Utopian

Time and time again, Chapel Hill shows up at the top of a “Best” list.  Whether it is for UNC sports, UNC health care, our fantastic public school system, live music venues, the foodie scene, or our liberal traditions, Chapel

Frank Rexford February 9, 2018February 15, 2018 General Information Read more

Charming North Durham

Charming North Durham

As prices rise in downtown Durham, neighborhoods just to the north are becoming more appealing.  This is a great area for young families to explore – it is possible to find a ranch style or bungalow home from the 1940’s

Frank Rexford February 2, 2018February 9, 2018 General Information Read more
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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.

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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

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