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The Mortgage Lounge

I am here for Networking

About Me

Welcome to The Mortgage Lounge! A place for you to feel comfortable and free to quench your thirst for knowledge about the mortgage industry! Come in, relax and unwind with a warm, toasty, java-infused beverage . I don't bite. I promise!Ameenah is my name and I've been in the mortgage industry for over 11 years with the bulk of my being spent in processing and some underwriting. This gives me the edge on my competition because I know exactly what it takes to get a mortgage done. I possess an abundance of knowledge in the mortgage finance industry and to top that double latte off with heavy cream and chocolate sprinkles, I'm bilingual in Spanish! I take my career very seriously and my clientele is handled with the utmost professionalism. My goal is to have you as a client for life and not just for the length of the transaction. Which brings me to my next statement.Most recently, the mortgage industry has been topsy turvy and thankfully I have managed to keep my past and current clients satisfied with my impeccable level of service. I work for a leader in the industry, Wells Fargo Home Mortgage. You can't get any stronger than that in our current economic environment. We offer a plethora of safe and affordable mortgage programs for everyone ranging from the most affluent buyer to the first time home buyer who may need a little extra attention. Feel free to ask questions as it would be my pleasure to answer them with extreme integrity. Grab a seat and make yourself comfortable, I welcome your visit into MySpace. :-)
.. You should create your own MySpace Layouts like me by using nUCLEArcENTURy .COM's MySpace Profile Editor !

My Interests

Dancing, Ehtnic art and culture, Theater, Fashion, Reading, Writing, Child-rearing, Education, Real Estate Finance, Psychology, Foreign language (Spanish), Networking.

I'd like to meet:


Movies:



Jackie Brown (Two-Disc Collector's Edition)
Basquiat
Little Miss Sunshine
Meet the Parents (Widescreen Special Edition)
The Royal Tenenbaums (The Criterion Collection) powered by frazy.comGlenngary Glen Ross, Training Day, Casino, Good Fellas

Books:



The Art of Romare Bearden
Story Painter: The Life of Jacob Lawrence
Raving Fans
Time Tactics of Very Successful People
Who Moved My Cheese?

High Trust Selling
The One Minute Manager
Rock My Soul
Basquiat
Love Poems

People of the Lie
Excuse Me, Your Life Is Waiting powered by frazy.com

..

Heroes:

My loving mother , Mae Jemison, Nelson Mandela, Steve Biko, Mary Mcleod Bethune, Sojourner Truth, Harriet Tubman, Frederick Douglass, Malcolm X, Dr. Martin Luther King, and many, many more.

My Blog

100% Financing is now extinct!

I knew it was coming. They finally did away with 100% financing at Wells Fargo. We were one of the last lenders with that product. The industry has taken so many hits on defaulted loans that I guess t...
Posted by The Mortgage Lounge on Sun, 06 Apr 2008 11:44:00 PST

100% FINANCING IS STILL ALIVE!!

The mortgage industry has definitely taken a beating lately. Many programs are now defunct. Forclosure is on the rise in certain markets.Gone are the days of 100% financing one day out of a chapter 7 ...
Posted by The Mortgage Lounge on Tue, 04 Dec 2007 09:37:00 PST

WHAT IS AN ARM?

Adjustable Rate Mortgage (ARM) is a mortgage loan or deed of trust which allows the lender to adjust the interest rate periodically as agreed upon at signing for the loan. These loans are attractive t...
Posted by The Mortgage Lounge on Tue, 04 Dec 2007 08:35:00 PST

FHA, VA, and CONVENTIONAL LOANS (What's the difference?)

The Federal Housing Administration (FHA) is the division of Housing and Urban Development (HUD) that administers the FHA loan program. FHA loans are government-insured, which means the investor is pro...
Posted by The Mortgage Lounge on Tue, 04 Dec 2007 08:23:00 PST