Southeast Mortgage Congratulates all the MBAG Gold Award Winners for 2012

Southeast Mortgage's new Gwinnett Social Max Office

Southeast Mortgage's new Gwinnett Social Max Office near I-85 and Sugarloaf.  The Office will open in 2^nd Quarter of 2013. 

Due to the growing demand for Southeast Mortgage Service, Operations and Client Relationship Marketing at Club Drive will use most of the 13,000 sqft and the additional new 8,000 sqft to be built at the Club Drive location.  As a result The Premier Gwinnett Sales Group will relocate to the new Gwinnett Social Max Center.  The Gwinnett Sales Team is the original sales group that reported to the President and CEO, Cal Haupt, and most recently to the Head of Secondary Marketing and Broker Dealer unit; JD Crowe, Senior Vice President. 

“The New 6,500 sqft Gwinnett Social Max Center will be cool and I am very excited to see Craig’s autonomous fresh ideas and sales leadership take our Premier Gwinnett Sales Team to a new level.  Our Gwinnett Team which has worked with me for more than 13 years looks forward to developing their careers further with the new sales techniques.  I encourage everyone in our industry to come by to visit and see the future of Retail Mortgage Origination” said Cal Haupt, President and Chief Executive Officer, Southeast Mortgage of Georgia, Inc. 

www.southeastmortgage.com

770-279-0222

St. Patrick's Day Parade 2013 - Savannah, Georgia

Joe Hogan, Natalie Hogan, Cal Haupt, Steve Tilton

From time to time we all get focused on our careers and the competition that is our Mortgage Industry.

Every year I head to Savannah to walk with my good friends in the St. Patrick's day parade and enjoy the fellowship of the lifelong experiences we all share.  As I get older, I appreciate them more.

"Although our industry evolves, cherish the friends you make along the way and your career will be more enriching as a result."  Cal Haupt

Tamie Platts, CMPS, has joined Southeast Mortgage

Southeast Mortgage of Georgia, Inc. is pleased to announce Tamie Platts, CMPS, has joined our team.



Tamie Platts
Southeast Mortgage
770-279-0222

Tamie has 10 years of experience and has been a Certified Mortgage Planning Specialist since February 2006.

 
www.southeastmortgage.com

770-279-0222

Craig Bland Press Release

Southeast mortgage a full-service Georgia mortgage lender and the largest non-bank lender in Georgia is pleased to announce Craig Bland has joined them and will lead the Gwinnett Social Max office.

"We are very pleased to have Craig's group of three join our team. Craig is a nice guy who values his team realtors and clients. Great beliefs and knowledge of the mortgage origination business makes him a perfect fit for our team and we are a perfect fit for his team. The synergy created will leverage our ability to serve our clients and referral partners", Said President and CEO Cal Haupt.

 

Prior to joining Southeast Mortgage, Bland was employed with Brand Mortgage in Gwinnett County where he was an Asst. VP, mortgage banker.  This is Craig's opportunity to explore managing an office with an existing Southeast Mortgage sales team.  He was educated in the United Kingdom and has made Gwinnett County his home since moving to the United States in 1998.  He is married and has two daughters. Bland is very active in his church and is an avid tennis player.
 

"I am hoping I can help Southeast Mortgage grow and become even more successful than they already are" said Craig Bland.
 

www.southeastmortgage.com
770-279-0222

It’s Time to Act on the Housing Market’s Opportunities

The next phase of the housing recovery is underway – higher credit costs.

At first, it may seem as though higher credit costs accompany an unfavorable market. When in fact, higher credit costs are a result of a rising demand for longer-term capital investments.

The financial crisis was not favorable to anyone’s means, but it did provide unique opportunities in the market. Some of those opportunities included mortgage and consumer debt financing. These opportunities were available for many consumers because of low home prices and very low interest rates.

In looking at historical data, we see that the sustainable and low 30-year mortgage rate was 6.25 percent two cycles back. The cycle that followed was then 5.25 percent and thus the current cycle should be 4.25 percent. Instead, unsustainable mortgage products were implemented to keep rates low and created an artificial security. Rather than this cycle seeing rates at 4.25 percent, we saw rates at 3 percent.

Consumers have been able to buy new homes, bigger homes, downsize and qualify to reduce their mortgage payments because of these low rates.

However, as all boats must rise with the tide, so must credit rates rise with economic growth. We’ve recently talked about the increase in construction and the ripple effect it is causing on the housing market that indicates this economic growth and a return to normal and healthy operating levels. As the economy gains momentum once again, opportunities available through artificial by-products of the recession will diminish.

The steepening yield curve to the right conveys the decrease in rates as seen from 2008 to 2013. In the latter half of the graph, you will see that rates are on the uptick.

The low rates will inevitably diminish, so before they do, consumers should take advantage of what is currently available. Whether you are looking to buy or refinance, you should explore the options available given the low rates while they are here.

The best advice we can provide is for consumers to seek out licensed mortgage loan originators (MLOs) for this exploration. It is imperative to choose a MLO that is trustworthy and professional. In regards to rates, choosing the right MLO can affect whether or not you are able to lock in your rate at the current price instead of being forced to pay a higher price with an expired lock down the road.

With hope that the economy will not return to the bottom for some time, consumers should act now to be sure they’ve taken advantage of the current opportunities.

- Cal Haupt, President and CEO of Southeast Mortgage
www.southeastmortgage.com
770-279-0222

Bloomberg - Haupt said. “I will sit in their wake and enjoy the rise.”

http://www.bloomberg.com/news/2013-02-25/bernanke-s-stimulus-spurring-u-s-employment-in-housing-autos.html

Southeast Mortgage of Georgia Inc., headquartered in Lawrenceville, Georgia, plans to add as many as 50 full-time employees this year to its existing work force of 125 people to handle a growing volume of business, said Cal Haupt, president and chief executive officer. Haupt, 49, sees loans originated or refinanced by his company climbing 30 percent this year from $425 million last year.

“I don’t fight the Fed,” Haupt said. “I will sit in their wake and enjoy the rise.”