Paul McFadden
Mortgage Planner

Exact Financial Group

• http://www.washingtonmortgageplanner.com

I am an experienced mortgage loan officer who can help you with either your refinance or purchase. Whether this is your first time or one of many, it pays to choose wisely. My intimate knowledge of the market will benefit you as I can find you the perfect loan that best suits your needs . First and foremost, you are important to me. I have a long-term history of helping my clients achieve their goals and would love to help you if it makes sense. Give me a call or send me an email. I look forward to hearing from...[more]

I am an experienced mortgage loan officer who can help you with either your refinance or purchase. Whether this is your first time or one of many, it pays to choose wisely. My intimate knowledge of the market will benefit you as I can find you the perfect loan that best suits your needs . First and foremost, you are important to me. I have a long-term history of helping my clients achieve their goals and would love to help you if it makes sense. Give me a call or send me an email. I look forward to hearing from you! [less]

• 
  From Pamela Ziemann

  Given on Fri May 16, 2008.

  Paul walks his talk - I can feel his genuine care about people. Glad I attended his event. -Pamela

Paul's blog: Washington Mortgage Planner-straight up mortgage advice and commentary

• Happy Mother's Day!

  O.k. I have to admit it. I read some of the other posts on Mother's Day and decided to post as well. I'm sitting here with my wife this morning who is a wonderful mother to our two children and realize how much mothers are an integral part of our life. I lost my mother several years ago but am thankful that so much of her rubbed off on me.

  So today I want all...

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• Declining markets-information we all need to know

  Good morning! I hope everyone is well. I wanted to touch on the new buzzword in our industry "declining markets". This came about because last Friday I lost a loan to another lender who I believe may not have the necessary information to make the loan work. Once again, it's critical that we know what we're doing these days so as to avoid borrower, realtor, etc. disappointment.

  Declining or soft markets are categorized by properties being...

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• What a difference a day makes!

  On Wednesday, I was crying the blues. Business has been challenging and I was upset because a loan I probably could have done 3 months ago was a no go for now. So I decided to send out an email asking for referrals. I sent this to my database of over 500 and probably got between 50-100 responses. What a great way to finish the week! Needless to say, I was fired up for another day.

  Out...

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• What a day today-I'm glad it's over!

  Hi all: I've been in the mortgage business for 2 years now and found myself today needing to take a break. It all started when I had a borrower who is self-employed with a 700 credit score and significant assets send me their tax return. In the loan application, I documented all the income, ran it through DU (FNMA's desktop underwriter) and got an approval. I then submitted the loan to my preferred lender only to have...

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• Hard to believe-Wa. Mu. exits wholesale lending

  Hello from the great Northwest! It probably wasn't more than 3 months ago that I attended a seminar co-sponsored by Genworth Financial and Washington Mutual. Wa. Mu. assured all of us brokers that wholesale was here to stay and was actually quite profitable. Fast forward to today and Washington Mutual announced that they are exiting the wholesale loan business, closing all of their home loan centers, and originating loans exclusively through their retail branches. How...

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