Josh Perrington

"Mortgage Advisor"

I'm a:	Real Estate Professional
Company:	1st Metropolitan Mortgage
Location:	Roanoke
Web sites:	1st Metropolitan
	My Blog
Phone:	(540) 904-0842

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Testimonials

"I first heard about the Home Ownership Accelerator (HOA) program from an article in Money magazine. After about 3-4 weeks of research I was referred to Josh Perrington. Armed with the knowledge of the internet, I quizzed Josh on this product. I was quite impressed not only by his knowledge, but his ability to answer my in-depth questions about the program. I consider myself a savvy investor and never saw the financial sense in paying off a mortgage before fully retiring. I figured I’d invest heavily in my portfolio and sell whatever real estate I had at age 60, or so, then buy my retirement villa outright. However, with the HOA I am still able to be aggressive with my portfolio and payoff my existing mortgage before I’m 55. I’ve dealt with a lot of mortgage loan officers and brokers, but Josh is by far the most prepared and genuinely concerned. My next real estate deal will without a doubt be closed with Josh and 1st Metropolitan Mortgage. Thanks Josh! Semper Fi"
P. Dowdy Mon Mar 24

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Josh Perring…'s Questions (0)

Josh Perring…'s Answers (1)

what are some of the financing mistakes that have contributed to the current rise in foreclosures?

Asked Thu May 22 2008, 10:23 by Mark - All locations - Financing - 3 answers

Josh Perrington answered:

Mark - Both of the previous answers aren't bad or inaccurate...they just don't necessarily tell the whole story. Many factors play into why a borrower may choose a certain loan program and please don't think it needs to be solely based on a fixed rate. YES, adjustable rates have had a huge impact on the home owner's ability to repay the loan, BUT often times it is b/c the borrower did not take action sooner or may not have fully understood the program when signing...which is quite possibly due to the loan officer's inability to explain.

To fully maximize the potential of a mortgage as an investment and not just a liability, be sure to search out an established Mortgage Planner in your area and not just an "order taking" loan officer. There is true power in understanding the options a mortgage can have & don't be afraid of the market. The water's warm...come on in...just wear the lifevest (Planner)! - Sat May 24 2008, 14:37

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