Hi Robbie,

I just wanted to take a moment to give you a quick update on the current market. We are seeing an unbelievable number of new clients in the last six weeks. People are buying and are excited to be taking advantage of the amazing prices available in our market. Deals are going smoothly and rates are still at record lows on conforming and jumbo mortgages.

The single biggest difference we have noticed is that we are now meeting with clients prior to them shopping for a property. This is working extremely well. The clients know what they can comfortably spend. Their realtor knows the clients are pre-approved and that there is financing available for the price range they are shopping in. We can even help with how the contract needs to be constructed for financing purposes. It basically eliminates unwanted “surprises” that can be deal killers in this environment.

Please encourage your clients to get their financial strategy in order prior to signing a contract. It really helps us be more effective as lenders and helps us get deals closed in a smooth and timely fashion.

We are looking forward to a fantastic 2010!


David Crowell
Senior Loan Officer
Mortgage Network, Inc.
1000 William Hilton Parkway
Suite 205
Hilton Head Island, SC 29928
Office: 843-842-4004
Fax: 843-785-6404