finding your way home

Archive for the Mortgage Industry Category

Marketing to Millennials

I’m going to right up front with you, I am a traditional man and I do not like change very much. We all have our own way of doing business and some of us are a little better with technology than others. I am better at technology these days but not as good as most. But in order to keep pace with these youngsters today and to ensure you capture some of this market one must think like a Millennial. …Well, forget about that… I can adapt but I still cannot embrace having a texting conversation with someone. I still

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Owning A Home In Ohio Still Cheaper Than Renting

house money keys

If you are still on the fence about renting vs. owning debate, a new study shows buying a home is still a cheaper option than renting in Ohio. According to the latest Rent vs. Buy Report from Truila, a traditional 30-year fixed rate mortgage remains a cheaper option than renting in Ohio and 38 other states.

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July New Home Purchase Mortgage Applications 5.1 Percent Higher Than a Year Ago

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More people applied for mortgages to purchase newly built homes in July than they did a year ago, according to data from a recent industry survey. The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) for July 2017 revealed a 5.1 percent increase in mortgage applications for new home purchases compared to a year ago. Since June 2017, applications decreased by 12 percent. According to the MBA, these changes reflect figures that are not adjusted for typical seasonal patterns.

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Akron

1953 Englewood Ave.
Akron, OH 44312
Phone: (330) 798-4677
Branch Information

Rocky River

20545 Center Ridge Road
Suite 250
Rocky River, OH 44116
Phone: (440) 356-3242
Branch Information

Willoughby

35104 Euclid Ave.
Suite 202
Willoughby, OH 44094
Phone: (440) 953-0447
Branch Information

Join the Team

At Schmidt Mortgage we're always looking for talented mortgage professionals to join our growing team. We're an Equal Opportunity Employer offering a highly competitive compensation and benefits package. Visit our careers pages for more information.