March 28, 2019 / by Bailey & Wood / Inside Bailey & Wood, Mortgage, Mortgage Basics, Mortgage News
PMI is a layer of protection for lenders, but an added expense for you as a borrower. Conventional loans are the most popular type of mortgages, but they’re also the one that isn’t insured by the government. Once you’ve paid 20 percent of your home’s loan-to-value ratio, you can contact your lender about removing PMI […]
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Record Breaking July 2019
August 21, 2019 / by Bailey & Wood / Inside Bailey & Wood, Mortgage News / 0 comments
RECORD BREAKING NEWS!!! The Bailey & Wood Family was able to celebrate another Record Breaking Month in July! This one is special as the company achieved it’s HIGHEST LEVEL OF PRODUCTION in our 12 YEAR HISTORY! Even the Managers participated in all of the excitement! Not only do we have the best Loan Officers but […]
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Mortgage Monday Episode 26: Myth #14
August 12, 2019 / by Bailey & Wood / Inside Bailey & Wood, Mortgage, Mortgage Basics, Mortgage News / 0 comments
In today’s episode of Mortgage Monday, Loan Officer Courtney Schroeder dispels the common myth about the costs of Refinances! If you’ve heard of a Mortgage Myth and want us to debunk it, comment down below!
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Dave Inabnit Earns Top Honors for July
August 6, 2019 / by Bailey & Wood / Inside Bailey & Wood, Mortgage, Mortgage News / 0 comments
Congratulations goes out to Branch Manager Dave Inabnit who earned top honors in the company for July 2019. Dave not only earned top honors for July but set new records for units and volume closed in July. “Dave works his tail off every month and we are so very proud of his accomplishments. Shelli his […]
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What does DTI mean?
July 5, 2019 / by Bailey & Wood / Inside Bailey & Wood, Mortgage, Mortgage Basics, Mortgage News
Debt-to-Income is known in the industry as DTI. The percentage of a consumer’s monthly gross income that goes toward paying debts. Each loan program has their own restrictions for DTI and what is acceptable. Contact a Bailey & Wood Mortgage Consultant for more information.
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Mortgage Monday Episode 12: Closing
April 29, 2019 / by Bailey & Wood / Inside Bailey & Wood, Mortgage, Mortgage Basics, Mortgage News
Operations Manager Tawn Hensley discusses what happens when your loan gets to the closing stage. What you can expect and what it takes to close on your home.
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Bailey and Wood Sponsors Greenwood Police Department Awards Program
April 16, 2019 / by Bailey & Wood / Inside Bailey & Wood, Mortgage, Mortgage News
Founder D. Mike Wood along with Mortgage Consultants Jody Bleier, AJ Sweeney and Marketing Specialist Leah Jones attending the Greenwood Police Awards Banquet held at the Barn at Bay Horse Inn. Bailey & Wood was recognized and presented a plaque thanking them for their support of the Department. “It is always great to be at […]
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Mortgage Mondays Episode 10: Processing
April 15, 2019 / by Bailey & Wood / Inside Bailey & Wood, Mortgage, Mortgage News
Operations Manager Tawn Hensley discusses what happens after application. Processing takes over and what that all includes and looks like. Contact us for more info.
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AJ Sweeney Joins Bailey & Wood as Mortgage Consultant
April 5, 2019 / by Bailey & Wood / Inside Bailey & Wood, Mortgage, Mortgage News
Bailey & Wood is proud to announce the addition of AJ Sweeney to the Bailey & Wood family as the newest Mortgage Consultant. AJ has previous worked in the mortgage industry before and is excited to get back to his roots and origination. “I have personally known AJ for 25 plus years and can tell […]
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Mortgage Mondays Episode 8: Conventional Loans
April 1, 2019 / by Bailey & Wood / Home Buying, Inside Bailey & Wood, Mortgage, Mortgage Basics, Mortgage News
Operations Manager Tawn Hensley discusses Conventional Loans. Who qualifies, why choose this loan and much more! Contact us for more info.
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What is Private Mortgage Insurance?
March 28, 2019 / by Bailey & Wood / Inside Bailey & Wood, Mortgage, Mortgage Basics, Mortgage News
PMI is a layer of protection for lenders, but an added expense for you as a borrower. Conventional loans are the most popular type of mortgages, but they’re also the one that isn’t insured by the government. Once you’ve paid 20 percent of your home’s loan-to-value ratio, you can contact your lender about removing PMI […]
Read more