Category: Stories and Other Information

Stories and Other Information

Reverse – the No Payment Mortgage may provide great hope!

Kristin M Eklund NMLS #1872091
Kristin M Eklund NMLS #1872091
Senior Mortgage Consultant NMLS 1872091 at NW Alternative Mortgage NMLS #1522364
30 year veteran in the mortgage industry, experienced in all phases of the mortgage process.
Have helped buyers of all types and financial levels and worked on 1000's of loans.
There is always something new!
Kristin M Eklund NMLS #1872091
Latest posts by Kristin M Eklund NMLS #1872091 (see all)

A Reverse Mortgage allows a person with substantial equity and who is either aged 62 or over, under certain conditions to use the equity in their home to offset the cost of a monthly payment for that loan. This means that the only amount they would be responsible for and …

Stories and Other Information

Story in Progress: The Fixer had a LOT of surprises – how to swing the fix up costs

Kristin M Eklund NMLS #1872091
Kristin M Eklund NMLS #1872091
Senior Mortgage Consultant NMLS 1872091 at NW Alternative Mortgage NMLS #1522364
30 year veteran in the mortgage industry, experienced in all phases of the mortgage process.
Have helped buyers of all types and financial levels and worked on 1000's of loans.
There is always something new!
Kristin M Eklund NMLS #1872091
Latest posts by Kristin M Eklund NMLS #1872091 (see all)

The Problems Clients that were continuing to be beat out and could afford more, recently opted for a weird and awkward home in a fantastic neighborhood. The home was fully functional, but though they were purchasing from a flipping company, it was hard to tell what they actually did to …

Stories and Other Information

Work from home (WFH) – are you warming up to this frenemy?

Kristin M Eklund NMLS #1872091
Kristin M Eklund NMLS #1872091
Senior Mortgage Consultant NMLS 1872091 at NW Alternative Mortgage NMLS #1522364
30 year veteran in the mortgage industry, experienced in all phases of the mortgage process.
Have helped buyers of all types and financial levels and worked on 1000's of loans.
There is always something new!
Kristin M Eklund NMLS #1872091
Latest posts by Kristin M Eklund NMLS #1872091 (see all)

My WFH journey started decades ago as a young mom determined to not ever go back to the office. There is a huge adjustment though, not the least of which is finding regular life all mixed up with work life, interruptions and new adventures in self-discipline. It took awhile, but …

Stories and Other Information

Home financing and retirement – what to consider?

Kristin M Eklund NMLS #1872091
Kristin M Eklund NMLS #1872091
Senior Mortgage Consultant NMLS 1872091 at NW Alternative Mortgage NMLS #1522364
30 year veteran in the mortgage industry, experienced in all phases of the mortgage process.
Have helped buyers of all types and financial levels and worked on 1000's of loans.
There is always something new!
Kristin M Eklund NMLS #1872091
Latest posts by Kristin M Eklund NMLS #1872091 (see all)

In America there is a sort of turkey timer that seems programmed to pop in our heads (and often bodies) sometime in our 60’s to plan on winding down work and life and prepare for the inevitable fact that none of us get out of here alive. For many, that …

Stories and Other Information

Stories from the Vault: Hope for the holidays

Kristin M Eklund NMLS #1872091
Kristin M Eklund NMLS #1872091
Senior Mortgage Consultant NMLS 1872091 at NW Alternative Mortgage NMLS #1522364
30 year veteran in the mortgage industry, experienced in all phases of the mortgage process.
Have helped buyers of all types and financial levels and worked on 1000's of loans.
There is always something new!
Kristin M Eklund NMLS #1872091
Latest posts by Kristin M Eklund NMLS #1872091 (see all)

In three decades of doing loans, I have mostly done what is known as “A” paper loans. Before there was QM and non-QM, loans came in a letter grade. I always try to put my people in the best possible loans i.e. “A” paper, even if it requires that they …

Stories and Other Information

How do I finance a remodel?

Kristin M Eklund NMLS #1872091
Kristin M Eklund NMLS #1872091
Senior Mortgage Consultant NMLS 1872091 at NW Alternative Mortgage NMLS #1522364
30 year veteran in the mortgage industry, experienced in all phases of the mortgage process.
Have helped buyers of all types and financial levels and worked on 1000's of loans.
There is always something new!
Kristin M Eklund NMLS #1872091
Latest posts by Kristin M Eklund NMLS #1872091 (see all)

Given that home sales are at a 14 year high and housing starts recently dropped only because there aren’t enough new homes to go around, it seems we have all found a new love for owning our own. What happens when you find the perfect spot, but the home is …

Stories and Other Information

Own a home free and clear with NO mortgage?

Kristin M Eklund NMLS #1872091
Kristin M Eklund NMLS #1872091
Senior Mortgage Consultant NMLS 1872091 at NW Alternative Mortgage NMLS #1522364
30 year veteran in the mortgage industry, experienced in all phases of the mortgage process.
Have helped buyers of all types and financial levels and worked on 1000's of loans.
There is always something new!
Kristin M Eklund NMLS #1872091
Latest posts by Kristin M Eklund NMLS #1872091 (see all)

Did I really say that? Do you know anyone who owns their home without debt against it? Doesn’t that mean there will be nothing to write off if I don’t have a mortgage? Would you dare to dream that your most important place could belong to you? We have become …