Marc Silverman with CrossCountry Mortgage

Marc Silverman with CrossCountry Mortgage CrossCountry Mortgage, LLC. Purchase & Refinance
NMLS 128534 NMLS 3029
Equal Housing Lender Licensed mortgage originator.

Over 33 years of mortgage banking experience.

Proud to share that an article that I had written and submitted to the Journal of Financial Service Professionals, which...
10/18/2024

Proud to share that an article that I had written and submitted to the Journal of Financial Service Professionals, which is published by the National Association of Insurance and Financial Advisors (NAIFA), was accepted and will published in their November issue.

The article, entitled "The Potential Benefits of a Home Equity Conversion Mortgage" explains how a reverse mortgage should be considered by financial advisors, CPA's and any financial professional when doing retirement planning for seniors. This FHA mortgage product should also be considered by realtors for their senior buyers when they have a client looking to "right-size" into a smaller home.

The Journal of Financial Service Professionals is peer-reviewed; meaning 3 outside reviewers determine if an article for submission will be accepted. Because of this process, over 55% of article submissions are not used by the publication. Doing this was definitely outside of my comfort zone, but it shows that challenging oneself can be very rewarding. I encourage others, no matter if it's in your personal life or your professional life, to do the same.

Link to the article

06/10/2020

Great news today regarding mortgage rates! Contact me if you or someone you know may be interested in purchasing or refinancing.

The Fed left rates unchanged at zero and expects them to remain at zero through 2022. The Fed will continue to purchase MBS and Treasuries at current levels, meaning they don't plan to taper those purchases any further. The Fed expects GDP for 2020 to be -6.5%, but then 5% in 2021 and 3.5% in 2022. Stocks and Bonds are both higher after the statement.

03/26/2020

Just putting this out there: If any of you know of any mortgage processors, assistants, etc... that may have been laid off due to their company closing down (our industry is very volatile right now due to the mortgage bond market/margin calls/liquidity issues and some companies have stopped funding loans and some mortgage brokers are shutting down) then please have them reach out to me. We are a direct lender, very busy, financially secure and are looking for good people looking/needing to work. Must be experienced in processing mortgage loans etc... Sign on bonus! Work from home/remotely. Thank you!!!

03/06/2020

Mortgage rates at all-time lows! It could be a great time to refinance by lowering your rate, reducing your loan term or purchasing a home. Call me to discuss. 443-797-2503 OR 484-302-8269.

I had the honor of being the mortgage originator for the President of one of my affinity partners, the PA Fraternal Orde...
11/23/2019

I had the honor of being the mortgage originator for the President of one of my affinity partners, the PA Fraternal Order of Police. Yesterday Les closed on the purchase of his new home. Les, thank you for entrusting me with your mortgage financing and I wish you many happy/healthy years there. As an affinity partner, Les saved over $1850 in closing costs as we waive all lender fees (credit report, appraisal, processing & underwriting fees) for the employees/members of our partners. If you know of any companies, associations or unions looking to offer more benefits then have them contact me for more information. A special thank you to my operations team at CrossCountry Mortgage for another smooth, hassle-free transaction. You guys are the best!

A hearty congratulations to my camera shy home buyers as they purchased their new home Friday afternoon! A great job by...
08/25/2019

A hearty congratulations to my camera shy home buyers as they purchased their new home Friday afternoon! A great job by their realtor, Alex Zay of Century 21, for finding them a house in the exact location they were looking for! Power Settlement Group once again conducted a smooth and easy 30 minute closing. Many thanks to my awesome operations team at CrossCountry Mortgage for an easy and hassle free experience for my buyers.

Congratulations to John and Pauline as they became first time home buyers Friday morning! Wishing you many happy years ...
08/25/2019

Congratulations to John and Pauline as they became first time home buyers Friday morning! Wishing you many happy years in your new home! An added bonus to their settlement was that they saved $1856 in closing costs because their employer is one of my affinity partners. John and Pauline received a lender credit for the appraisal fee, credit report fee, processing fee, underwriting fee and flood cert! An industry best benefit!
Attention HR and Benefits Managers: Consider offering this no-cost, non-traditional perk to your employees and their family members! Contact me for more details.

08/20/2019

Seniors looking to downsize may want to consider a "reverse for purchase" mortgage. You buy a new home after selling your current long-term home and you keep half of the net proceeds in your pocket and not have a mortgage payment on the new, downsized house! Check out the short video below.

08/16/2019

Our industry-best affinity partner program waives all lender fees for employees (and their families) of our affinity partners. Save up to $2198 on closing costs as we waive the credit report fee, appraisal fee, processing fee, underwriting fee and flood cert fee! If you know of any HR or benefits managers, association, union or organization leaders looking to offer a non-traditional perk for their employees or members then let me know. It is no cost to the employer. Also great for a realtor to team up with me. What a great way to save money when purchasing or refinancing a home! Spread the word! It's a no-brainer!

08/06/2019

It's a great time to purchase or refinance a home as mortgage rates ticked down again today primarily due to the ongoing trade war with China. Stocks tanked with the Dow down over 767 points and the NASDAQ plummeted over 278 points. Money flowed into safe haven treasuries and mortgage backed securities thus pushing yields lower. This translates into lower mortgage rates. Rates on 30 year mortgages have dropped under 4% and 15 year money is now in the 3.375% range for highly qualified borrowers. Who knows what the future holds in terms of mortgage rates but now may be a good time to take advantage of this dip. Reach out if you want to discuss a refinance or a new home purchase. I'll be with you every step of the way.

Address

625 W Ridge Pike, Bldg C, Suite 100
Conshohocken, PA
19428

Telephone

+16103558648

Website

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