Found By Design : Website Design Service

I am proud to announce that I have launched my own website design firm. With a focus on real estate websites and mortgage loan officer websites, FoundByDesign.com will quickly become one of the better known website design and hosting firms in the Charlotte area.

Some of our specialized services include:

• Mortgage Websites
• Real Estate Websites
• Mortgage SEO Services
• Real Estate SEO Services
• General Website Design and Development

Our focus is not just on creating a website. It does not take much to just toss up a website! We set ourselves apart by helping our clients develop a serious internet SEO strategy that will without a doubt help them to get Found By Design!

Increased FHA Limits for Charlotte

Good news for the Charlotte area.

FHA Mortgage Loan Limits have been raised to $303,750.00

This allows a larger segment of buyers and homeowners new options.

For more information on Charlotte FHA Mortgages, visit EdNailor.com or call Ed Nailor at 704-651-8704.

The Best Mortgage Rates in Charlotte

Who has the best mortgage rates in Charlotte? The answer to that is not so easy. Everyone claims to have the best mortgage rates, but that is very subjective.

A mortgage rate is more than just a number. Often times there are additional fees and charges associated with obtaining a mortgage rate. You must consider the costs associated with a rate to determine if it is a realistic offer. These fees could include discount and origination points, application fees, processing fees, document fees, and a host of other fees.

Many “experts” and consumer advocates suggest that you should “shop” rates. They instruct you to call several mortgage companies and ask for their “best rate.” Unfortunately, this tactic can backfire. When speaking to most loan officers, if you ask for the best rate without going through the qualification process, you may not get the real deal as it applies to you. After talking to several loan officers, you can easily come away with conflicting and confusing information and feel lost.

Add to that the current mortgage marketplace is in a constant state of flux. Rates are changing 3 to 4 times a day. And to make it more confusing, it may go up and down in the same day more than once. So you call the first mortgage company and they give you a good number. You call 4 more and the rates just seem to be higher, so you finally call the first one back and they can no longer offer the same rates. Now you are frustrated, confused and in many cases you could feel tricked or lied to.

My advice is to find a loan officer that actually stops and interviews you. A loan officer that will take the time to get to know who you are, what your goals are, and how you would like to accomplish those goals is the loan officer that will get you the best mortgage rate in Charlotte. This loan officer knows that they must be competetive with rates, but also has your best interests at heart. That’s why they ask the questions.

So when “shopping” for the best rate, focus on finding the best loan officer. This person will get to know your circumstances and can become a partner for life in achieving your goals.

Ed Nailor

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Brought to you by the Ed Nailor Mortgage Team. Apply online to get the best advice to fit your needs. Or call 704-651-8704

No Costs Mortgages

Great News for Charlotte mortgage shoppers!

No Closing Costs Mortgages are here and are better than ever. With great low rates and no closing costs, why in the world would you not want to refinance your mortgage and take advantage of this? Even if you are buying a home, a no closing cost mortgage could make a big difference.

Typical closing costs can run you from 3-5% of the loan balance. On a $250,000 loan, that could easily run to over $10,000! But with a no closing cost mortgage, you now have an additional $10,000 that you could use in other places… pay off bills, invest for your future, or leave as equity in your home!

If you have been considering refinancing, or are thinking about buying a home, call us now and ask out our No Cost Mortgage Program. We can get the details we need to give you a mortgage scenario and you can judge for yourself.

Call 704-651-8704 and ask about our Charlotte No Closing Cost Mortgage Loan.

Ed Nailor Stadium

Sounds good doesn’t it?

How about a couple other ideas:

The Ed Nailor Mortgage Team Field

Ed Nailor Coliseum

Charlotte Mortgage Loans Ballpark

Ok.. so it’s a joke. While having my name on a stadium or ballpark would be a cool thing for my ego, it would not be such a great thing for my clients. Why?

Think about it…

How much money do these major financial companies and banks spend to put their name on the side of a building? A few million at the least? Who pays for that? Yes, the consumer. That’s why Free Checking is almost non-existent. Oh and those lower rates you are supposed to find at a “bank”… where did those go?

Now you go to a mortgage broker and get a better rate, with more personalized attention and service. The broker gets the money from the “bank” from their wholesale side. On the wholesale side they do not account for the name on the building, so brokers get the money cheaper.

So next time you drive by that big stadium downtown, be glad it doesn’t say Ed Nailor on the side. As a matter of fact, get excited! You now have access to great rates, programs and service for Charlotte mortgage loans because of that!

Ed Nailor
704-651-8704

Apply Online

Charlotte Home Prices Hold!

Charlotte NC home property values are higher than they were a year ago, according to a New York Times report.

Only three out of twenty major real estate markets held or improved property values over last year. Those areas are Charlotte NC, Seattle WA and Portland OR. In the other markets, prices fell by over 6%. That is a great testament to the strength of the Charlotte, NC real estate market!

If you have been on the fence about buying a home, now is the time to get started. Charlotte mortgage rates are still agreesively low and the selection of homes for sale in Charlotte is at its peak! This means you can still get a great rate and a great price on a home in Charlotte, NC!

To get started, experts agree you should get pre-approved for home financing. This will allow you to know how much you can qualify to buy and actually have solid strength behind any offers you make. The Ed Nailor Mortgage Team is here to help and can get you pre-approved quickly and painlessly.

Get pre-approved to buy a home in Charlotte NC now.

Happy Holidays!

Happy Holidays Charlotte!

Christmas and New Year’s day are both just around the corner. Folks are busy out getting the last minute gifts and dinner items and preparing to spend time with family and friends.

While I hope you enjoy your celebrations, please take some time over the next few days to touch someone you don’t know. Reach out and extend a hand to someone in need. There are hundreds of people right here in Charlotte that need and most of us have so very much! If you don’t have a lot yourself, a kind word of encouragment can go a long way!

My family and I will be delivering Angel Tree gifts this weekend… My 8 year old son was excited to be able to do this! So even the kids can get involved… use it as a time to teach them how to help others.

Have a great and safe holiday celebration!

Ed Nailor – Home Loans in Charlotte

Bush signs HR 3648 into law

President George Bush signed HR 3648 into law today. This new mortgage legislation is designed to help folks stuck in the mire of the subprime mortgage loan “meltdown” of 2007.  In many cases, a homeowner with an adjusting mortgage rate in a declining value market would seek to refinance only to find they did not have any equity to do so. In that event, a lender might forgive part of the current mortgage to allow the homeowner to obtain a better, more affordable loan. Under the law, the forgiven portion of the law was considered taxable income and would be taxed at the end of the year. This could place a very large tax burden on the homeowner.

With this new legislation, the forgiven portion of the prior mortgage would no longer be considered taxable income, thereby saving the homeowner a lot of money come tax time. “When you’re worried about making your payments, higher taxes are the last thing you need to worry about,” Bush said during the bill-signing ceremony.

I think this is a good move and should help many American’s facing the potential of foreclosure if they can’t refinance. I am glad Congress is trying to do something. My only fear is that they will not only offer too little too late, but when they do make the final moves that they will over regulate the system and cripple it. Let’s all hope they figure something out.

First Post

This is the first post of what I expect to be many to this blog. Hello, my name is Ed Nailor. I am the team leader for the Ed Nailor Mortgage Team in Charlotte, NC. Our team consists of several professionals, all dedicated to making sure you get the best in service when going through the mortgage process.

Whether buying a home or refinancing your mortgage, let the Ed Nailor Mortgage Team help you accomplish your goals. I encourage you to look around, read the blog entries and our About page. The goal here is to provide you with positive and informative posts tohelp you along your journey.

If you have any questions at all, please feel free to contact us at 704-651-8704. We are here to help!

“When Time and Money Really Matter”