Spencer Plante Loan Officer NMLS# 1736439

02/04/2021

Congratulations to Mortgage Network (Mortgage Network, Inc.) for meeting the challenge of 2020. We surveyed every closed loan customer and found an outstanding loan officer average of 4.9-stars!

We love providing an independent review platform that serves as a trusted source for consumers looking for skilled loan officers.

12/01/2020

Shout out to my awesome borrowers who closed on their new home this morning. Nothing beats a smooth and easy process

With 2020 coming to an end, do you have a homeowner’s goal you want to meet?? Whether it be a new purchase or looking into a refinance.

Give me a call and let’s chat about your goals

11/19/2020

Big Congratulations to my two amazing borrowers! They closed on their first home today and right before the Holidays!!

Are you or someone you know tired of renting and want to look into buying? Or maybe you already own and are curious if you can improve your rate and save some $$. Give me a call and let’s chat about what you hope to accomplish

11/11/2020

Thank you Veterans!

09/11/2020

07/27/2020

Shout out to my borrower who closed on her first home today! Rates are 🔥 right now. If you’re looking to buy or are curious if a refinance would benefit you. Reach out and I would be happy to help you meet your goals

04/07/2020

Please be informed.

Here is some important information for every one to know. If you have any questions please reach out to me.

Let’s do some ‘mortgage forbearance math’.
——————————————
Mom and Dad have a mortgage.
It's currently $1,500 per month.

Dad gets laid off, calls the servicer, and asks for forbearance.

In one phone call, he gets 6 months "off" from paying.

Seven months later, Dad is finally back to work, and hasn't been able to save any money during the forbearance.

Forbearance is lifted and servicer says,
"That will be $9,000 + $1,500, which is now due". ($10,500)

Dad almost passes out and says, “WHY??"

Servicer: "That's the 6 months of forbearance plus the current month.”

Dad: "I can’t do that, can we work something out?"

Servicer: "Sure, we will spread out the $9,000 over 12 months."

Dad: "Phew....ok, good. What will that look like?"

Servicer: That will be $2250 a month for the next 12 months."

Dad: " OMG!!! I can't afford that."

Servicer: "Sorry....."

Dad: "Can I refinance?"

Servicer: "No because the loan went into forebearance."

Dad: "What can I do?"
——————————————

In a nutshell, this is forbearance friends. Forbearance is not forgiveness. We need to keep putting this message out there, because we are still getting a lot of questions. Please understand the seriousness of this, and if you still have questions, you know that I am always here for you.

If you must take this step, we want to be certain that you are well informed, that you have and understand the agreement with your servicer on how your work out will look before you do it.

We can help guide you in the proper direction. We know these are very hard times, and understand there is great stress in uncertainty. We also know this is not here to stay, but to pass.

Thinking of you all and hoping for your health and safety!

03/30/2020

Congratulations to my amazing borrower on her closing this afternoon! Nothing beats a smooth loan transaction from start to finish 👌👌

2020 is a wild time but I am still available to chat with anyone who has a question regarding a purchase or refinance. Reach out to me and let’s discuss your home-owning goals for this year

03/16/2020

With everything going on it is very important to educate yourself. Here is a great article to help you better understand what is happening.

There are a lot of words here. If you have a mortgage you might ever refinance (and especially if you think Sunday's emergency Fed news means you can now get a lower rate), read every last one of them. Background: Fed's Emergency Rate Cut and QE It's extremely...