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April 8, 2014

A Bright Spot for Housing: Vacation Sales Jumped in 2013

By Brandon Ivey and George Brooks

In general, many mortgage firms that make loans on vacation homes want a downpayment of at least 20 percent.

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How many new retail loan officers (net) is your shop looking to hire in the first quarter of 2018?

1 to 10. We’re being careful.
11 to 30. We’re feeling slightly bullish.
31 or more. We’re in expansion mode.
None. We’re staying right where we are, for now.
We’re cutting back.

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