As Seen In
Brian Interviewed by Bruce Depuyt of News Channel 8
September 29, 2011
Brian discusses historically low interest rates, the current environment for refinancing and home purchases, and the state of the real estate market. Read the entire interview here.
Mortgage Basics Seminar
July 11, 2011
9am to 12noon
Brian’s main goal in the mortgage business is “transparency”, which seems to be sorely lacking in the mortgage industry. In his seminars he aims to bring mortgage basics to his audience, but also teaching them how to see behind the curtain into what is really going on with each mortgage transaction, that mortgage lenders never tell you.
Washington Post
By Dina ElBoghdady and Dan Keating
New limits on mortgage size likely to affect high-end home prices in D.C. area
June 26, 2011
This fall, the government is scheduled to stop backing loans of more than $625,500, making them subject to higher interest rates and down payments. The change could drag down home prices, especially in upscale neighborhoods, and deliver yet another blow to the faltering housing market.
*Brian Martucci gives seminars to Realtors through Realtor Associations. This one was in Southern California in January 2011. For a text version of the video click here.
The Washington Times
Michele Lerner
Cover story: How to save money, build equity faster.
January 20, 2011
“In the rush to refinance in 2010, some homeowners were left behind, unable to arrange for a new home loan because of a lack of equity or a too-low credit score or some other glitch in the world of tightened credit standards.”
“While many homeowners refinance to reduce the size of their monthly mortgage payments, others have the goal of paying off their mortgage earlier to become debt-free before retirement and to save money on interest. Homeowners who want to hasten their mortgage-burning celebration may want to consider other options besides refinancing.”
The Washington Times
Michele Lerner
Cover story: Seller financing rare but can be useful.
October 21, 2010
“The buyers who are attracted to seller financing like it because usually their closing costs are lower and the hassle factor of dealing with a lender will be less,” Mr. Martucci says. “A seller will often just pull a simple credit report and ask for one or two pay stubs, while mortgage brokers and lenders require a lot more paperwork.”
The Washington Times
Michele Lerner
Cover story: Home-equity spigot opens slightly.
May 7, 2010
“Even though the housing market seems to be improving, lenders are wary of approving home -equity loans in an environment in which home prices are not necessarily stable,” Mr. Martucci says. “If the banks lend someone up to 95 percent of their home value and prices drop again, that could quickly become 100 percent loan-to-value or more.”
Read the Entire Inverview
The Washington Times
Michele Lerner
Cover story: Clearing home-value hurdle to a refi.
January 22, 2010
“If you are already paying PMI, this may not matter, but some homeowners have lost value in their homes and will not be expecting to pay the insurance,” Mr. Martucci says. “It may still make sense to refinance even if you have to add $100 or so per month to your mortgage payment for PMI. It just depends on your current mortgage program.”
Read the Entire Inverview
DROdio Real Estate
Daniel R. Odio
EXPERT ADVICE – Phone Interview with Brian Martucci of GetLoans.com
Aug 20, 2009
…a loan broker typically works with a number of different banks that they sign up with and get approved with versus a loan officer who works for one bank or one mortgage company and represents that institution’s money and loan programs.
Los Angeles Times
Frank Nelson
Feeling the chill; Buyers expecting the same old lending terms get a frosty reception.
Sep 16, 2007
He predicts it could be another year until the full extent of the foreclosure crisis is known and even longer before the lending market regains its momentum. “There’s a lot of unwinding to come. We’re all heading for the same pain.”
Washington Post
Maryann Haggerty
Loan Rates Fall to 30-Year Low
Sep 19, 1998
To offer attractive rates, he said, some lenders “play a game with fees.” Make sure, he cautioned, that a lender who offers a slightly lower rate than the competition isn’t making back the difference by charging higher fees.
“Be careful,” he said. “People call up so excited, they’ll believe anything. Slow down, take your time and just look at the numbers.”
Frequent guest on “NewsTalk” with Bruce DePuyt on ABC news in Washington DC.