“When I bought it for $150,000, I borrowed some money from Great Western Savings and Loans. So I probably only had $30,000 of equity in it or something like that – it’s the only mortgage I’ve had for fifty years,” Buffett said.
Florida leads the country with almost 1 in 5 mortgage applications getting turned down.
Primary Residential Mortgage, Inc. (PRMI) announced that it has been named one of Americans Top Mortgage Employers by National Mortgage Professional Magazine (NMP). NMP polled employees and readers about their employers and based off of the survey results, NMP named the top 100 mortgage companies nationwide.
This article is a must read from KCMBlog.com title “The REAL Reasons Americans Buy A Home.” Owning a home as your primary residence isn’t an investment, it’s a lifestyle. Yes, it’s great to get the forced savings and appreciation but it’s about much more than that.