John Hotine Sr. Mortgage purchase or refinance Information

07/13/2025

Thank you for all the replies to my post.

07/11/2025

This has been my experience as a new loan officer. After spending money and time to get my license I was immediately contacted by a recruiter. She promised me that the company she represented would send me 5 new referrals every day.
So I applied to my State for a license to become a branch office, (since this company did not have a branch in this State.) After paying fees and getting approved for my State license in Feb 2022, I began to market myself purchased a web site with links to my social media. I connected with realtors and lenders on LinkedIn. I listed my business on Google business listing. So, after all of this I started working referrals. Which became very apparent were recycled leads that had already been worked. So I became a glorified telemarketer. After a year with no loans my sponsor asked me to pay $1900 to continue sponsorship,I did this. Then I went to open houses, local realtor meetings, and even a hard lender meeting with no luck. It's been almost 2 years with out a sponsor I thought I would post this as a Hail Mary for one last try before I let my NMLS #2084320 license expire. I took another full-time job in retail to support my self.

08/20/2023

07/18/2023

View today's current mortgage rates with our national average index, calculated daily to bring you the most accurate data when purchasing or refinancing your home. Follow our daily market analysis with Mortgage Rate Watch and we'll tell you where and why rates are moving.

07/15/2022

Did anyone else have their business page feed fill up with nonsense ? Ads that don't apply to your industry.

06/27/2022

If you are carrying a balance on your credit card, as the federal rate rises so will your interest on that account. The average credit card interest is 20.65. If you are carrying debt on that account and can only make minimum payments. A cash out refinance might make sense. Paying off credit cards raises your credit score. Depending on your escrow balance you could receive cash back up to that full amount. You would be saving that monthly payment by tapping unto the equity you have built in your home. If you would like more information contact me at 1-208-620-1816. Thank you.

06/17/2022

If you are thinking of buying a home there is no better time than now. Housing prices are still going up as well as interest rates. Lock in your rate now before it gets further out of reach. Paying rent is paying 100% interest with no accumulated equity. Gas prices have doubled but people don't stop buying gasoline. Buy now refinance when rates become lower.

06/10/2022

I recently read an article in our local paper headlined "Idaho housing market losing its steam",
stating that "Rocket Homes reported that the median home price in May in Kootenai County was $521,000, down 30.8% from a month ago".
Then one paragraph down "According to Redfin, Coeur d'Alene home prices were up 40.3% in April compared to last year, selling for a median price of $675,000.
On average, homes in Coeur d'Alene sell after five days on the market compared to six days last year." Five days doesn't seem like much of a slow down. It is not the interest rate, its the supply and demand.
It is not the intrest rate affecting home sale prices. Its the supply and demand.

06/04/2022

Amid the rising housing cost, the interest rate is grabbing headlines. You should be focusing on your monthly payment, if it is one you can afford then your golden. The market will change but your fixed payment will not.