Frank Rexford

Senior Mortgage Banker
Corporate Investors Mortgage Group, Inc
1414 Raleigh Road, Suite 400
Chapel Hill, North Carolina 27517

Client Portal Apply Now
Office:  919-929-6116
Mobile:  919-360-7864
Fax:  919-869-1510
Email:  frexford@cimginc.com
NMLS:  119234

Menu

  • Home
  • Mortgage 101
    • Getting Pre-Approved
    • How Much House Can I Afford?
    • Mortgage Credit Certificate (MCC) – First Time Home Buyer Program
    • How To Close Quickly
    • Choosing A Mortgage
    • Buying Investment Property
    • The Mortgage Process
    • How Rate and APR Differ
    • All About Credit
    • Worried About Credit?
    • Renovation Mortgage
    • Condo Financing
    • Mortgage Glossary
    • Wine and Mortgage Pairing
    • Economic Research
    • Certified Mortgage Planning Specialist (CMPS)
  • Loan Options
  • Getting Started
  • Blog
  • Rates

Saving For Your Down Payment

Should You Wait Until You Have 20% Down?

Should You Wait Until You Have 20% Down?

I was recently asked by a client about the potential costs of waiting until she could make a 20% down payment – since she only had enough for a 10% down payment when we spoke.  Let’s take a look at

Frank Rexford March 13, 2018October 17, 2018 Knowledge Center 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

62% of buyers put less than 20% down

Among all purchase closings in February 2017, 62% of buyers put down less than 20%.  There are many loan programs that do not require 20% down – and I’d be happy to review them with you. Eighty Percent of First-time

Frank Rexford November 30, 2017February 26, 2018 News Read more

Blog Categories

  • General Information
  • Knowledge Center
  • News

Recent Posts

  • 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

Blog Archive

  • 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
  • Directions
  • Loan Options
  • Getting Started
  • Meet My Team
  • About CIMG

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

Corporate Investors Mortgage Group
1414 Raleigh Road, Suite 400
Chapel Hill, North Carolina 27517

CIMG NMLS ID: 39460

Recent Posts

  • 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
  • How (and Why) To Freeze Your Credit
  • What’s The Right Loan Program For You?
  • Conventional Loan Limits Increased For 2019
  • Mortgage Rates Stabilize

Frank’s Blog

  • News
  • General Information
  • Knowledge Center

© 2005-2022 Frank Rexford  -  Senior Mortgage Banker CIMG Site developed by Kimball Rexford