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Hi my name is Corey Grushin and I'm a licensed mortgage banker. I've been a Mortgage Originator for Gateway Funding (formerly known as Ivy Mortgage)at 425 Amwell Road, Hillsborough, NJ 08844 since May 2001. I also have an office in Morris County, NJ.
If you are looking for a excellent direct lender, that will give you the personal service you derserve with competitive rates and fees look no further. We are a self contained operation meaning all underwriting, processing and loan closings are down on site. This means to you that you can speak with my team of professionals at any time. All loans are handed directly to my underwriter in person and then moved to the closing department across the hall. Changes are not a problem, and deadlines are not missed. No need to FedEx anything to other locations.
I can provide FHA, VA, USDA Rural loans, construction or rehabilitation loans. Fannie Mae And Freddie Mac conventional loans as well as Jumbo loans all at very competitive rates and fees.
For more information please e-mail me at cgrushin@gateway-funding.com or call me at 973-763-2572
Corey Grushin's Questions (1)
Corey Grushin's Answers (122)
Why does everyone expect to get everything for little or no cost? You get what you pay for and in a market like this home sellers need an agent with marketing expertise, stern opinions and the gall to so say to you "I don't agree with you ......"
Chances are if you find a realtor willing to negotiate the commissions paid down to nothing then they don't bring much to the table in terms of salesmanship. So NJ Home what do you want to do, sell your current home or continue to live in it? - Fri Jun 20 2008, 11:34
The very first thing to do is to be pre-qualified, meaning you have a commitment from a bank to lend you money. This is superior to a pre-approval because you'll have a promise to lend you money. With the commitment in hand you'll be able to go to any realtor and give them all the parameters for a home that meets your needs. If you need further assistance please e-mail me at cgrushin@gateway-funding.com. I do VA loans. - Tue Jun 17 2008, 13:41
Jane most times a survey is just a copy of one done a while back but the surveyor does come out to make sure no changes have occurred to the property, home and additional structures. The survey is for your own protection and it is usually required by the lender. You can ask the seller for a copy of their survey to use with your purchase as long as no changes have been made to the property, home and other structures. The survey has to have been done in the last 10 years and the sellers will have to sign a survey affidavit saying no changes have been made to the property since the survey was done. If your attorney refuses to ask the other side for a copy, you can ask your realtor to ask the sellers for a copy. - Tue Jun 17 2008, 07:11
Robert with inflation and the going ons in the real estate & mortgage markets their are no guarantees of making a "nice profit" unless your willing to improve a property. You may want to rehabilitate a property to increase your chances of a "nice profit" - Sat Jun 14 2008, 11:44
T sorry for the delay in getting back to you it has quite hectic yesterday afternoon with the markets. Yes the bank can counter, but here's a question for you: Did the deceased have a will and leave the property to someone? If so are they the ones who have the property listed with a realtor? You can wait for them to get back to you but if you want the house you may have to go GET IT. Yes the bank can take other offers on the property if their is no contract in place. T I'm also not a very good typist, I will gladly explain things to you (regarding your options and my question) this is a little diifferent than other short sales so give me a call and I'll explain 973-769-2572 - Sat Jun 14 2008, 11:40
T I'll try an answer all of your questions: The decendant can not owe more than the the house is worth (a reverse mortgage is a non recourse loan) meaning you can't pass on a debt to someone else. The reverse mortgage company can not lend them more than the house was worth at the time the loan was taken out. What happens is the loan accrues interest over time that is added to the original loan amount, so in a declining market or in a case such as this with a home in disrepair the amount owed exceeds the value of the property. The chances of getting the property are good but your offer may have to be increased. They would want something reasonable close to the appraised value maybe 110 would do it. The decendant can make the callon this without the banks approval as well, as long as the sale price is fair market value. - Fri Jun 13 2008, 11:24
Financing is what I do for a living. Treating others the way I wish to be treated is the way I act. No one is any better than anyone else in this world.
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Mortgage Originator for
Gateway Funding
I been a loan officer wih the same company going on 7 years now.
May 2001—present
Helping others, Fishing, Rugby, Football
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