Tag Archives: Knoxville Mortgage

LISTEN LIVE NOW! Presented by Mortgage Investors Group

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Retro-Microphone

Kevin Rhea – Host

Since starting my career with Mortgage Investors Group I have become a husband and a father. My beautiful wife Pam and I have a daughter, Olivia, and a son Patrick. I started my career with MIG as a Loan Officer Assistant in 2001 and became a Loan Officer beginning in 2003. I excelled in my first year, closing more loans in Tennessee than any other rookie. My accomplishments as a rookie have been recognized by the Knoxville Mortgage Bankers Association (KMBA), and Mortgage Originator Magazine. In 2011, I was promoted into management at MIG as Vice President, Director of Business Development. This is a very exciting move for me and I have hit the ground running. We have developed a new social media strategy, a new radio campaign and many other very exciting things!

My faith and my family are the most important things in my life.

Kevin as a child:

“…for the last time, I don’t know if mortgages rates had gone up! Now, may I continue?”
Email: Kevin@KevinRhea.com | Web : www.KevinRhea.com

Kevin is available to talk to your organization , club or your child’s birthday party.

Mark Griffith- Co-Host:

Mark has been a part of the Mortgage Investors Group management team for over 18 years. He opened the Oak Ridge office for MIG in 1994 and has assembled one of the most productive sales and support teams in the business. The Oak Ridge office has produced, on the average, over 80 million dollars of loans per year for the last 15 years. Two of his Loan officers have earned repeated Top Producer Awards recognitions in the Knoxville and surrounding markets as well as Top National Honors. The Oak Ridge office has been #1 Lender in Anderson County for several years.
Mark got into the Real Estate business in 1983 and became a Mortgage Loan Officer in 1985. From interest rates in the teens to the market collapse of 2008, Mark has experienced a wide range of market and guideline fluctuations that make him one of the top managers in his field.

Mark gladly joined The Housing Hour, as C0-Host, in December of 2011; his main role is programming/website content/scheduling and community service initiative.

You can reach Mark with your questions at: Mark.Griffith@migonline.com
Mark is available to talk to your organization or club.
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Do Quotient by Terry Adams

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Do Quotient by Terry Adams

Terry Adams

Do Quotient by Terry Adams

The Housing Hour is honored to have Terry Adams and Phillis Burnett of  Adams Law Firm and Admiral Title as our show  sponsor but we are extremely  proud to announce Terry’s recent article in Cityview Magazine and soon to be new book: Do Quotient.

“Today is a big day for us. After more than 7 years of research we have officially announced the Do Quotient to the world in this months Cityview magazine. There will be much more to come, including a book this year of the same title. We believe that this added value approach to counseling clients is the future of practicing law & will provide a framework for success in business & life.”  Terry Adams

Listen to our interview with Terry as he talks about his career, interests and Do Quotient!

Solar Power had record year!

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aries

Over 3.3 gigawatts of solar power were installed last year!

Check our interview with ARiES Energy’s  Harvey Abouelata President/CEO:

Solar Power had record year with over 3.3 gigawatts of solar power  installed last year, according to a report Thursday from the Solar Energy Industries Association, a trade group. That’s enough to power about 500,000 homes, and it was a 76% increase from 2011.

The industry credited the jump to the declining price of solar panels, stable tax incentives and better financing options.

“We’ve brought more new solar online in 2012 than in the three prior years combined,” SEIA head Rhone Resch said in a statement. “And every one of these panels was bolted down by a member of the U.S. workforce.”

The industry estimates it now employs 119,000 people in the United States — a 13% jump over last year. It’s expecting another record year for solar installations in 2013.

Related: SolarCity CEO talks the future of solar power

The price of solar panels has declined 60% since the beginning of 2011, according to SEIA. Lower prices for silicon — a main ingredient in the panels — and massive investments in manufacturing capacity, especially by the Chinese, have helped push down prices.

These price declines have squeezed profit margins for solar panel makers. Several have filed for bankruptcy over the past couple of years, including Solyndra, Abound, Evergreen and Q-Cells.

Analysts expect more bankruptcies in the years ahead, as prices continue to fall and smaller, less efficient companies get pushed out. The situation is sometimes compared to the dawn of the auto age, when there used to be dozens of carmakers before consolidation led to just the Big Three.

But falling prices are clearly a boon for consumers and companies that specialize in the sales and instillation of solar panels, such as Solar City (SCTY), Sunrun and a host of others.

While solar power still represents a small fraction of the nation’s overall electricity generation — under 1% in 2012, according to the engineering and consulting firm Black & Veatch, it’s expected to grow substantially over the next couple of decades.

The cost of solar power is competitive with other energy sources in some U.S. markets, such as California and New Jersey, where subsidies are generous and the price of electricity is high. But if you exclude the big subsides and mandates the industry enjoys, the U.S. Energy Information Administration says the cost for new solar electricity nationwide is still more than twice that of the nation’s cheapest power source — CNN

Boomerang Buyers….eh, what?

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Boomerang The housing bust of 2007 has caused one big mess in our country but during this crisis, maybe as a way to help  understand or explain it, media outlets and others have created  new terms to describe market conditions.  Terms like, Zombie foreclosures, Zombie subdivisions, robo-signers, and now the Wall Street Journal has started a new category: Boomerang Buyers.

Boomerang Buyers are former home owners who lost their home during the housing crisis but now are possibly eligible to re-enter the home buying market. Estimates range around 800,000 buyers are now eligible for FHA financing. This number is up from approximately 285,000 in 2011 and is estimated to raise to 1.5 million in 2014.

So exactly what is required of the Boomerang buyer  to be eligible for mortgage financing after a foreclosure?

The answer depends on the type of mortgage you’re applying for along with many other important factors(like credit and credit scores to name only two) but one of the 1st requirements are time frames. Conforming loan requirements like FNMA/FreddieMac require a combination of a certain number of years and specific percentage down payment. Government loans vary too, VA minimum requirement is 2 years while FHA is 3 years. But time frames and down payment requirements are only the start. There are many other factors that must be considered and its important to note there are always exceptions to these rules.

Here’s the bottom line, if you were financially effected during the housing crisis, you still may be eligible for home financing. The best way to find out is to contact one of our MIG Loan officers and start the discussion and the qualification process.

Who knows, you may be a potential boomerang buyer and didn’t even know it!

Air Date 3-9-13: Home Ownership Matters: The Why!

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We Continue with our Home Ownership Matters Series!

 Dr. Kim Manturuk is the Senior Research Associate in Financial Services at the Center for Community Capital, a research institute at the University of North Carolina at Chapel Hill.

Home ownership matters and Dr. Manturuk research focuses on  the social and financial impacts of home-ownership in urban neighborhoods.  Her recent research has appeared in Socio-Economics, Social Service Review, Social Science Research, and the Journal of Urban Affairs.  She received her PhD in sociology from the University of North Carolina in Chapel Hill.

Our topics include :

  • Social Benefits Home Ownership vs Renting
  • Civil Engagement because of Home Ownership
  • Mental Health Benefit of Home Ownership!

Dr. Manturuk’s research and testimony  has been called in front of the House of Representatives as a source for future policy making for our nations housing crisis. Also, most national housing agency, like Fannie Mae/Freddie Mac use her research to help craft agency goals. The National Realtor Association use her research as well!

Everyone quotes her….The Housing Hour has her…this Saturday!

Plus her research can also be found in the latest book click on photo to order yours today!

Kim photo

home ownership matters

Catch the show every Saturday….

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Listen here or on NewsTalk 98.7  8am!

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Check out all of our interview series like:

Home Ownership Matters

Protect your Family

and much more!!

Presented by:

Mortgage Investors Group

Air Date 03-02-13: Three from MIG!

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Meet Three New Faces to MIG!

HH4

1st Segment:

HH3Taylor Hays
Taylor.Hays@migonline.com
Office 865-671-8910
Fax 865-671-0774
10118 Parkside Drive,
Suite 100,
Knoxville, TN 37922

Apply Online

NMLS Unique Identifier
# 922459
TN Lic. # 113544

Message from Talyor:
Mortgage Investors Group is Tennessee’s leading independent mortgage lender. By choosing from our large selection of loan programs including Conventional, FHA, THDA, VA, Construction/Permanent, Interest Only, Fixed and Adjustable Rate Mortgages, you can be certain that you will receive the mortgage program that best fits your individual situation. We have in-house technology systems and experienced staff to simplify the mortgage loan process, thus saving time and money for borrowers. In fact at Mortgage Investors Group, we guarantee that your rate and our fees will not change from lock-in to closing, or we will pay the difference. We specialize in providing convenience, ease, and experience along with low mortgage loan rates.

“My team’s commitment to providing superior customer service has afforded us a quality reputation in the community. I look forward to assisting you with any of your current or future mortgage loan needs. As I work primarily by referral, I encourage you to tell family, friends, and colleagues about Mortgage Investors Group and me.”

2nd Segment:

HH1Robert Carter
Robert.Carter@migonline.com
Office 865-691-8910
Fax 865-691-7714
8320 East Walker Springs Lane, Suite 200,
Knoxville, TN 37923
Apply Online
NMLS Unique Identifier
# 898005
TN Lic. # 113697

Message From Robert:

Working for Tennessee’s Leading Independent Lender allows me the tools that the competition simply does not have. That is why shortly after Mortgage Investors Group financed my home, I joined the team as an employee. I understand that purchasing your home is likely the largest purchase you will make in your lifetime, and I take the responsibility of guiding my clients through the process seriously.

It is my job to find the best loan product for each client’s individual needs and explain every step required to get you into your new property so that you can continue living your life. I would be honored to show you why the Carter Team is such a powerhouse in the mortgage lending business. Our closing process is a well-oiled efficient machine that works for you. Unlike other Loan Officers at other companies that can be hard to get in touch with, and forget about the client after the closing, my team is here for you when you need us and understand that you will have questions after you move in. Come Close with Carter, and see why previous clients say such great things about us!

3rd Segment:

HH2Ron Daughtrey
Ron.Daughtrey@migonline.com
Office 865-691-8910
Cell 865-209-3883
Fax 865-691-7714
8320 East Walker Springs Lane, Suite 200,
Knoxville,TN 37923
Apply Online
NMLS Unique Identifier
# 113067
TN Lic. # 88274

Message from Ron:

Mortgage Investors Group, founded by loan officers, is Tennessee’s leading independent mortgage lender. Whether you’re buying a home or refinancing your current one, I am committed to helping you find the mortgage program that best fits your individual situation.

MIG offers competitive loan rates and a large selection of loan programs, including Conventional, FHA, THDA, VA and USDA. We use on-site Underwriting, Processing and Appraisal services and in-house technology to ensure a swift and professional lending experience.

As a licensed Loan Officer, I have the expertise to advise you through the process, answer any questions you may have and help you close on time. You can rest assured that you will receive superior customer service when you work with MIG. That’s how we’ve become leaders in the local mortgage lending market.

I look forward to assisting you with your current or future mortgage loan needs. I hope to hear from you soon.

The Energy Audit!

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Listen to Complete Home Energy Series: Energy Efficiencies in Home!

Scott Higgins of Prudent Energy Systems is special guest:

Today our Energy Efficiency series focuses on a complete energy audit of your home. Prudent Energy systems is a full service home performance building company serving the Knoxville area.  Their services include:

They work to maximize your home’s energy efficiency, eradicate any indoor air quality and other safety problems at the source, and optimize building durability and integrity.  Capable of working as a 3rd party verifier or as a turnkey performance contractor, we will work to ensure your goals are achieved. We’re certified, verified, and have over 20 years of experience under our tool belt.

Home Energy Evaluations: Great Information for Existing Homes

Chances are, you’re spending much more on utility bills than you need to be.  A home energy audit gives you the opportunity to fix that.  Using the latest technology, including a blower door to assess air leakage, a duct blaster to assess duct leakage and infrared thermography, a comprehensive home energy audit will point out leaks in your home’s thermal envelope, deficiencies in insulation, and other opportunities to stop heat loss and reduce energy consumption, while improving the comfort and safety of your home. In addition to recommending fixes to reduce energy, we’ll also evaluate carbon monoxide safety, mold and other air quality issues and improvements to temperature and lighting comfort. Our comprehensive audit report will include a prioritized list of potential improvements, and an estimate of the savings our recommended work will likely lead to.

Video of the Home audit:

Merry Christmas!

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The Housing Hour 6.30.12 — MIG HEROES

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The Housing Hour 6.30.12 Special MIG HEROES by The Housing Hour