Nima Rezvan First Time Home Buyer Expert CT FHA Loans - FHA 203k - CT Mortgage

Dear Reader,

I have been a member of the world's largest social international fraternity Tau Kappa Epsilon (TKE) http://www.TKE.org for the past 11 years and I am excited to announce that I will be attending/supporting our 4th Annual TKE Plunge. I have attended the previous 3 and have helped with donations. This has become one of the most popular fundraisers in the State of Connecticut. TKE's from surrounding colleges (SCSU, WCSU, UConn, Quinnipiac) will be attending.

This is our 4th Annual TKE plunge into Long Island Sound to raise money and awareness for the Ronald and Nancy Reagan Institute. The jump time will be around noon.

Donations can be made 3 ways

1. Go online: http://www.tketh.com/ and click DONATE NOW: TKE Plunge 2007

http://www.southernct.edu/clubs/tke/content.php?p=donate

2. By mail:
Att. SCSU TKE Plunge
Alzheimer's Association Connecticut Chapter
279 New Britain Road, Ste. 5
Kensington, CT 06037

3. by Phone: Toll Free: (866) 363-6679 or (860) 828-2828

Awards dinner will begin @ 1PM and should last 1 hour

Your Nationwide Mortgage Banker,

Nima Rezvan

203.913.6016

http://www.MyNima.com

Dear Reader,

I would like to take this time to quickly introduce one of the best Realtor's that I have met in the many years that I have been in the Real Estate Financing Business: Realtor Helene Daly of Fairfield County Real Estate

About Realtor Helene Daly:

Helene Daly
Fairfield County Real Estate

200 Mill Plain Road
Fairfield, CT 06824
Phone: 203-913-4026
Fax: 203-255-5952
E-Mail: helenedz53@aol.com

Website: http://www.helenedaly.com/

* Listing and selling homes in Fairfield, Southport, Trumbull, Westport, Easton, Bridgeport,
Stratford, and Newtown.
* Resides in Fairfield, married and raising five school-aged children.
* Member of St. Thomas Aquinas Church serving as Eucharistic Minister, Parish Advisory Board
member, active in the St. Thomas Home-School Association and past executive board.
* Additional volunteering includes: Welcome Club of Fairrfield, Christmas in the
Mansion for Lauralton Hall Academy and Thomas Merton House, homeless shelter in Bridgeport.
* Enjoys running, playing Ice Hockey with the Mighty Moms of Wonderland of Ice, Bridgeport
* Previous career in Advertising and Marketing.

How I met Helene Daly:

I was on my way to a restaurant in New Haven when we noticed an open house sign up on my parents street so I was curious to see how much the house was being listed for so we entered the home for a quick look. The home was listed by Helene Daly and the price was excellent. She had gotten the home ready for a quick sale like always. I briefly spoke to her and we exchanged business cards because she said that she had seen me in the local newspaper Fairfield Minuteman http://www.FairfieldMinuteman.com/ and always wanted to meet me in person. Well, a day goes by and I receive an email that she is inviting me to co-host a public open house with her and a brokers open house. I gladly accepted and we met again for the second time at a public open house. Then a week later goes by and we had the broker open house which was catered and lunch was provided by THE PANTRY http://www.thepantry.net/ of Fairfield, CT. We had Chinese Chicken Salad, Fruit Salad and an assortment of items from their bakery. The food from the pantrywas excellent and all of the realtors and brokers enjoyed the lunch. The broker open house was a huge success as 30+ agents attended on a rainy/cold day. Believe it or not, there was an agent that walked through the home who said that she might have someone that fits this home so Helene Daly will most likely sell this home very soon!

I highly recommend Realtor Helene Daly to everyone in Fairfield, Connecticut and the surrounding towns here in Fairfield County, CT.

Please join me in welcoming her to the Active Rain Real Estate Network! Her Active Rain Real Estate Network profile can be found by clicking on her name here: Helene Daly

Thanks for your kind attention.

Your Fairfield, CT Loan Consultant,

Nima "Mortgage Man" Countrywide Home Loans

203.913.6016

http://www.mynima.com/

* Member of the Fairfield, Connecticut Chamber of Commerce

*Note: I can do loans in all States! Available to you 7 days a week until 10pm! Always working for you! Call today for a complimentary mortgage consultation or a pre-approval.

Dear Reader,

In this blog I would like to talk about a form of fraud known as Bait & Switch. I will share my own mortgage related definition of bait & switch, the dictionary's definition of bait & switch and use an example which I faced late last week.

Dictionary Definition: Bait and Switch

Wikipedia: The Free Encyclopedia

A bait and switch is a form of fraud in which the fraudster lures in customers by advertising a product or service at an unprofitably low price, then reveals to potential customers that the advertised good is not available but that a substitute good is. The goal of the bait-and-switch is to convince some buyers to purchase the substitute good as a means of avoiding disappointment over not getting the bait, or as a way to recover sunk costs expended to try to obtain the bait. It suggests that the seller will not show the original product or product advertised but instead will demonstrate a more expensive product. http://en.wikipedia.org/wiki/Bait_and_switch

Nima's Definition: Bait and Switch

A bait and switch is when a mortgage professional tells you and promises you an incredibly low interest rate but once the mortgage process is almost over they change the interest rate or charge you more for what they promised you in the beginning.

Overview:

A bait and switchis seen widely in the mortgage business. This is a way of obtaining a new client/lead by telling them that you are the best and you have the best. What do most mortgage shoppers look for? The best interest rate and the best product that fits into their current and short term future financial situation. A mortgage professional (mortgage broker or loan officer) can tell you that they have a 30 year fixed rate mortgage at 6.5% with 0 points but it doesn't catch your interest and you want to keep calling around for more options to choose from. A smart mortgage shopper will call atleast 3 lenders and inquire about their current interest rates. A smart shopper should also remember that a 1003 residential home loan application is required for a mortgage professional to give you a worthy quote. So if you call 3 lenders and their 30 year fixed rate mortgage is 6.5% with 0 points for 2 of the lenders but one has an interest rate of 5.875% with 0 points then red flags should go up in your mind. How can the rates be totally off? This should be a reason for you to become cautious and do some research on the lender and even the mortgage professional. Lenders are not always the same but they could be 0.125 or 0.25 or 0.375 different but not 0.5 to 0.625.

How to avoid a possible bait and switch lender?

Open up your local newspaper and see if there are any lenders in the Real Estate section that seem like honest neighborhood lenders who you could trust. Go to your towns or a nearby towns Chamber of Commerce and find a lender or two and request quotes or even just ask the Chamber to recommend you to a lender. Talk with your family members or best friends or your real estate professional and ask for a referral. Not all mortgage professionals are bait and switch artists so you should do your homework and be careful when choosing who you should work with. I can say that you should always contact me for your real estate financial services but that wouldn't be fair to other lenders locally and nationally. Yes, I always strive to be the best but you wouldn't be able to trust me until the transaction is funded and closed with a real estate attorney or a title company depending on where you are located.

Quick Example:

Last week I got a call from one of my mortgage professionals that I used to work with at Washington Mutual Bank. He is a mortgage broker and he had given his client to a mortgage broker who had given his loan to Countrywide wholesale. They were offered a 5.875% jumbo 30 year fixed rate mortgage. He called me and asked me to tell him what our rates are and I told him about 6.375 or 6.5% with 0 points. He asked if I was sure and I said absolutely. I worked the loan scenario on my system and I confirmed the quote that I gave him. He tells me that he does not trust the mortgage broker and he wants to give this loan to me. You ask why would he do this? Well, he is a wealthy individual and he does not care about referring one of his very own clients to me. This is a great example of a bait and switch. A very low interest rate was quoted to someone but at the very end when it comes to signing the paperwork, there will be more closing costs involved or a mystery reason will arise and make the interest rate increase.

This example makes me look good now doesn't it? A mortgage professional is willing to refer me his business because he trusts me and not just some mortgage broker that he has never done business with. He is willing to take special care of his client and not be paid for giving them to me. As you know, I can't do a loan for another mortgage professional and then pay them because that is illegal. As most of you know, I do good business every single day of the week, 7 days a week.

Hope you enjoyed reading this blog about bait and switch. A very disgusting tactic that is used every single day across the country while most borrowers don't even know it is happening to them. This blog was intended to make you more cautious as a consumer/borrower, become a smart mortgage shopper. I always want the best for everyone so a small blog like this can maybe help you or someone you know out.

If you have any questions or want an honest professional worthy quote, contact me today. I originate residential home loans in all states and I'm always read to help you. I can best be reached through my website: http://www.mynima.com/ or you can call me directly at 203.913.6016 I have been a Fairfield County, CT resident for over 20 years. I have offices in Stamford, CT and Norwalk, CT.

For more information or if you have any questions/concerns, click here to ask me: Contact Nima now!

For a complimentary FREE Mortgage Pre-Approval, click here: FREE Home Mortgage Pre-Approval

First Time Home Buyer Guide: First Time Homebuyers Guide

Your Neighbor & Connecticut Mortgage Professional,

Nima Rezvan

203.913.6016

http://www.mynima.com/

*Note: I can originate loans in all 50 States! Making homeownership dreams come true since 2003! Working Nights & Weekends until 10:00pm for your convenience.

Member of the Fairfield, Connecticut Chamber of Commerce:

http://www.fairfieldctchamber.com/online/directory/display.asp?business=Countrywide+Home+Loans

Member of the Stamford, Connecticut Chamber of Commerce:

http://www.stamfordchamber.com/membinfo.asp?id=5996

Member of the Norwalk, Connecticut Chamber of Commerce:

http://www.norwalkchamberofcommerce.com/

Dear Reader,

I watched a special financial news segment on CNN HeadlineNEWS this morning about America battling high interest rates on their credit cards so it made me want to write a blog about how to fight back against the creditors. I did not take any special notes while I was watching the show but I remember some key points and some key numbers to share with you. I want to offer the reader 2 ways to fight back. The two ways are calling your credit card company directly and requesting them to lower your credit card interest rates or calling me for a debt consolidation refinance using the equity in your property. Please also read my newest client testimonial after the second suggestion.

Friendly Suggestion #1: Call your credit card customer service department

Take out your credit card because most credit cards have their special 800 or 888 toll free customer service hotline on the back of the card and if your credit card does not, then look at your last credit card statement. Call your credit card customer service department and ask them to lower your interest rate or you will be leaving them for another credit card. Once they hear of this request, you will be transferred to a retaining customers manager/specialist who will negotiate a new interest rate with you. Some credit cards have interest rates of 14% to 30% so this is absolutely too high for any consumer. You will most likely be given a new interest rate because on average credit card companies spend over $200.00 to sign on new customers. They will definitely want to keep you as a customer so they don't have to spend those Marketing Dollars to gain a new costumer. If you are still not happy with your interest rate and you are a homeowner then you have another friendly suggestion.

Friendly Suggestion #2: Call me

If you are a homeowner then you can probably refinance your home mortgage and consolidate all of your debt not just your credit cards. Do you have a car loan, school loans, 2nd mortgages, high interest rate credit cards or other debt then you could be eligible to refinance your home mortgage and use the equity in your home (if available) to consolidate your debt. This means that you add your debt to your existing home mortgage lien on your property which will most likely have a lower interest rate when compared to the existing rates you are paying on your debt. If you do consolidate your debt not only will you be paying lower monthly payments and saving money but you will also only make just one payment instead of 2, 3, 4 or more! Consolidating your debt is not for everyone so please call me to discuss if it is an option you should consider. I provide free mortgage consultation to my clients to see if I can save them money.

Newest Refinance Client Testimonial:

"Dear Nima,

I refinanced my mortgage with Countrywide Home Loans and I want to Thank You again for all of your help!

You made, what I thought was going to be a very difficult process go so smoothly. You were very fast and efficient in helping me daily with the documents that I needed. You kept me smiling and composed from the very first day that I called you until the closing about two weeks later.

I hope that you stay in the business forever and with Countrywide so that I never have to seek out another Home Loan Consultant again. It's a comforting feeling knowing that if I need to make any changes at all, you are just a phone call away! Thanks Again Nima!"

- Michelle Olson

Fairfield, CT 06825

_ _ _

I enjoy being the go to guy for locals or people in all 50 states who want to investigage into saving money options. My job is to save you money, I love my job.

All refinance and debt consolidation inquiries are welcome.

You can call me directly now: 203.913.6016

You can email me: Nima_Rezvan@countrywide.com

You can visit my website for more information about Countrywide: http://www.mynima.com/

Thanks for reading my daily blog and I look forward to your comments and feedback. Remember, I am always here to help you. I am available to my clients 7 days a week until 10pm.

Your Fairfield County, Connecticut Home Loan Consultant,

Nima

203.913.6016

http://www.mynima.com/

Top 7 Ranked Things To Do In Fairfield:

#1 Connecticut Yankee Balloons:

120 Flax Road
Fairfield, CT 06824

203-255-1929

Hot-air balloon flights over the Litchfield Hills, central Connecticut and the Housatonic and Naugatuck River valleys, weather permitting.

#2 Ogden House & Gardens:

1520 Bronson Road
Fairfield, CT 06824

203-259-1598

18th-century saltbox farmhouse furnished to portray the lives of its Revolutionary-era inhabitants.

#3 Connecticut Audubon Center at Fairfield:

2325 Burr Street
Fairfield, CT 06824

203-259-6305

http://us.lrd.yahoo.com/_ylt=Asi32MjBhNtJ7_ZIpMggvSvaPmoL/SIG=11t57pifg/**http:/www.ctaudubon.org/centers/fairfield/fairfield.htm

Natural history exhibits, compounds for non-releasable animals, references library and shop in nature center.

#4 Walsh Art Gallery:

at Quick Center for the Arts

Fairfield University
Fairfield, CT 06824

203-254-4000 ext. 2969

Gallery hosts six exhibitions annually by local artists and traveling exhibits.

#5 Fairfield Historical Society Museum:

636 Old Post Road
Fairfield, CT 06824

203-259-1598

http://us.lrd.yahoo.com/_ylt=Asi32MjBhNtJ7_ZIpMggvSvaPmoL/SIG=11faicm6o/**http:/www.fairfieldhistoricalsociety.org/

Collections spanning 350 years of Fairfield life, changing and permanent exhibitions.

#6 Center for the Performing Arts:

Sacred Heart University

5151 Park Avenue
Fairfield, CT 06824

203-374-2777

A professionally produced theater series featuring three musicals each year.

#7 Quick Center for the Arts:

Fairfield University
Fairfield, CT 06824

203-254-4010

877-ARTS-396

877-2787-396

Center contains two theaters: Kelley Theatre(750 seats) and Wein Experimental Theatre (150 seats).

Available to assist you with all of your home financing needs 7 days a week! Call Nima today: (203)913-6016

Your Fairfield Mortgage Specialist,

Nima Rezvan

Home Loan Consultant

203.913.6016

http://www.mynima.com/

Call me for a complimentary pre-approval, mortgage advice and answers to all of your questions!

Member of the Fairfield, Connecticut Chamber of Commerce:

http://www.fairfieldctchamber.com/online/directory/display.asp?business=Countrywide+Home+Loans

Member of the Stamford, Connecticut Chamber of Commerce:

http://www.stamfordchamber.com/membinfo.asp?id=5996