MortgageFit Blog

Hello everyone,

It’s a pleasure for me to announce that nearly 70,000 discussions have taken place in MortgageFit Forums till date. Moreover, the community has also crossed 32,500 members!!! Though there are various categories in our forums, yet discussions on loan modification, bankruptcy, refinance and first time home buyer’s tax credit are gaining importance in recent times.

With the low interest rates prevailing in the market, the borrowers want to take advantage of it by refinancing their existing loans. The low rates and first time homebuyer’s tax credit have also encouraged people to buy a home of their own. Perhaps this is why discussions on such issues are getting quite common these days.

With new plans announced by President Obama, lenders are offering loan modification as a solution to borrowers who have defaulted on their loans. I guess, loan modification has become popular because people have realized that it would help them in saving their property when they are in mortgage problems. That’s the reason why discussions on loan modification have increased in number recently.

Experts participating in this community are doing their best to guide the common people so that they can take the right step in solving mortgage and related issues. So, if you’re in mortgage problem or you need to discuss a financial issue, feel free to speak about it in our forums.  Our members and experts will come forward to help you with their real life experiences on such issues.

So, let’s hope… our forum discussions will help resolve your mortgage/financial problems. Here’s wishing that you get over your problems asap and lead a tension-free life.

Hello everyone!!

It’s my pleasure informing you all that MortgageFit Community has exceeded 30,500 members. Not only mortgage professionals and industry experts, a lot of common people are also participating in our community in the recent times.

Recently, Bob and Eric from the mortgage industry have joined our community. It’s great to see them actively taking part in our community activities.

Other members like Gmakerly, Jheard, Cliff Pape are also regularly participating in our community forums. Their participation in the forums has helped the community grow by encouraging interaction among the members. It has helped a lot of people in dealing with their financial/mortgage or property issues.

I hope that all the members of the community will enjoy participating in the forums. And, let’s hope our community will grow even bigger!

Hi all,

Here’s wishing you all a Happy and Prosperous New Year. May all your dreams come true !

Hope you’ll all Enjoy and have a Great Year ahead May you live in peace and harmony.

Let’s hope we’ll get over the evil and bring in the best in our lives. Here’s wishing that things get on well with time and we’re able to get over the crisis in our financial markets. Let’s hope the community will grow even bigger and we’ll be able to bring happiness in the lives of all who’s a part of it.

It’s Christmas time once again! With the coming of the winters, the festive season is back with lot of gifts and goodies for everyone.

Christmas, for me, is all about the fun and frolic that it brings - the yummy roasted turkey, the gifts and greeting cards, the cakes and pastries, the Christmas tree and last but not the least Santa Claus!

I guess all of you must have planned something for this Christmas!!! I have lots of plans this year… This year I will be celebrating Christmas in Toronto with my sister. We will be meeting after a long time. Adding to the joys of Christmas, we have a new member in our family – Carolina, my sister’s daughter. So this year celebrations will be doubled!!!

You all must also have planned something for this Christmas! Do share your Christmas planning with me… Wish you all a very happy and healthy Christmas and pray to God that you all have a nice time!!!

Our Community members have so far been rewarded with more than $1000 mentor dollars – it’s a great feeling to share this with you all!

Whether it’s a mortgage professional, an industry expert or a common guy, the members have put in their valuable contribution towards helping people in spite of their busy schedules. Their guidance has helped visitors in times of financial distress. And the visitors have time and again returned and acknowledged their support.

I really appreciate the way our community members have stood by each other in times of financial crisis and offered each other help and support! Be it mortgage or any related financial issue, the members have tried their level best to offer the right advice when in need.

I’m glad to say that we have a wide range of professionals participating in our community. And, with the help of their cumulative knowledge they have been able to help people get through financial troubles in their lives.

Our reward system reflects our appreciation towards the efforts put in by the community members in helping each other. I believe the system has been good enough to encourage people to participate in the community activities.  We shall keep improving the reward system so that we can encourage more and more people to participate and be an active part of this community.

Here’s something exciting that I’d like to share with you - MortgageFit Community has exceeded 28000 members!

Ever since we started off, the community has been growing with a number of professionals and common people joining and participating in the community activities. There are professionals from the mortgage as well as related industry like the credit and appraisal industry. Members like Gmakerly , Kim Patrick , Chris Burns etc are from the mortgage industry whereas Robert Banker is associated with the credit industry.

Moreover, our community has professionals like Jheard from the law industry. While the mortgage professionals have helped people with mortgage help and advice, Jheard has contributed towards assisting people in their property and deed related issues.

There’s a lot of interaction between the lenders and common people in our community forums. The forums provide for a platform wherein people can freely talk to lenders/experts on any financial or property issues. Other than the forums, the community members also interact with each other through private messages, quick message and mails. This brings in a sense of togetherness amongst the members.

So far, our members are satisfied with the way our community has been helping them – something which is evident from our testimonial section wherein people have shared their feedback. Let’s hope that our association will continue and more and more members will be a part of our community.

We are happy to announce that the Community has rewarded 8 valuable members with the ranks “Community Mentor” and “Community Experts“.

Sam (Site Admin of MortgageFit) along with Team has reviewed the members’ participation and come up with the short-listed members. While short-listing, the Team tried to filter members on the basis of defined criteria, the members’ quality and his intention of sharing information.

MortgageFit Community Mentors:
George M. Akerley Mortgage Consultant First Horizon Home Loans Bloomfield, Connecticut
Jessica Bennet Financial Writer MortgageFit Ohio
Samantha Taylor Financial Writer MortgageFit Massachusetts
MortgageFit Community Experts:
Eugene Volovik Account Manager Team USA Mortgage Minneapolisticut
Michelle Keck Mortgage Consultant Mortgage Network Solutions
Charles “Chuck” Armbruster Loan officer Lifetime Mortgage LLC Mesa, Arizona
Robert Enriquez Sr. Mortgage Consultant North Carolina Mortgage Charlotte, North Carolina
Cedric Kalvesmaki Mortgage Broker Freedom Mortgage Dallas, Texas

From now onwards, we are going to open this challenge to our moderators, who will decide upon the upcoming community mentors and community experts. As a community, we are looking forward to get their valuable contribution in future too.

[tags]community mentor, community experts[/tags]

The Community is soon going to introduce Ranks - “Community Mentor” and “Community Experts“.

The ranks will be awarded to professionals for their valuable participation in different community activities. Currently, we are going to short list a few members on the basis of some preliminary criteria.

Criteria for Community Mentor: Should posses sound knowledge of mortgage/finance and property issues. Need to make 600 quality posts in forums. Must be an active participant for the past 6 months. Should be able to help people with the right financial advice. Should be moderator of at least 1 forum.
Criteria for Community Expert: Should have good knowledge of finance, property and other issues discussed in forums. Need to make at least 100 quality posts in forums. Must be an active participant for past 1 month.

The community experts and mentors should be able to guide people in the right direction.

We have designed 2 different logos for two different ranks which will get highlighted on the short-listed members’ page along with the forum rank. Also the logo’s source code will be available to them, so that experts/mentors can use it on their signatures and place it on their website/blog or anywhere they prefer. Such a thing will hopefully help them in promoting their business.

And, very soon our community moderators will be selecting our community experts and mentors.

[tags]community experts, community mentors, moderator ranks[/tags]

I am updating it after such a long time.

I have been too busy with other development work with my R& D Team. In the next few months our community can expect few good components getting added into our website.

Complain Center

This what a community will like it very much. Through complain center person can file a complain against a lender or a broker infront of a community. This will allow the user to put his voice to the world and other will also learn about it. Through this community can create an awareness to fight against frauds and scams.

Story Section

This is something which will add utility to the Website. Through the story section, people can recomend various articles and news which they think might be helpful to others.

We are constantly working towards the development of the community and hope to bring more features to it.

• Improvised Lenders Directory

We giving a new look to our lenders directory and this time with some additional features to it. Our new directory will be more flexible and user friendly. We are also planning to add some additional features for our lenders like personal forums, tools where they can manage their feeds and many more. On their details, I will post it later.

• Lender Review System

Our community will provide lenders joining us with suitable ranks by using the Lender Review System. The Review System will be developed so that community members can evaluate the performances of lenders and then rank them accordingly.

A lender joins our community and submits his profile including a synopsis of the loan programs he offers. A point-rate combination for each program is also provided. Based on these details, the community members can compare services provided by the lenders.

The community also forms an idea about the lenders services from the list of common queries that borrowers enquire.

Through our forums, our Community gets to know about the experiences shared by customers with a particular lender. This includes judging a lender’s performance in loan servicing along with any kind of fraud committed by him.

Based on all the above factors, the Community members offer their votes for each lender. Depending on these votes, the lenders are finally rated.