I just got back from seeing the new Batman movie, and I’ve got to tell you it was good. It was not just good, it was scary good. Probably one of the best action movies that I have seen ever, and I have seen a lot of movies.
Anyway you may be wondering how does this apply to the mortgage industry? Well let me tell you, in the movie Batman does everything that he can to prevent the Joker ( Oscar performance by Heath Ledger) from continuing to terrorize Gotham City. The Sub prime lender’s, the central banks and the government over reacting by changing mortgage insurance policy has done nothing short but terrorize it’s citizen’s. Sure our options are narrowing, for the people with less than perfect credit, the one’s who are self employed and the one’s that want to buy commercial property. However you must realize that they have not cut off every means of escape, you don’t realize that we live in a vacuum. When one option disaperars another one must take it’s place. The options are there they are just not the same as the one’s we lost. Here are a few examples, we lose 40 year amortization’s and 100% financing, Wells Fargo still has them, Interbay pull’s it’s small commercial lending program’s, there are plenty of private lenders willing to fill the void.
If you are feeling trapped like all your means of escape are cut off, and that you have run out of options,then it is time to take back control. Be the caped crusader in your own life by cutting the apron strings to the banks. If you owe them money then they are in control. It’s time to take it back and let us show you how to do it!