Category: News

Skyline CEO Bill Dallas on Competition in the Mortgage Industry

No one likes to lose, but there might be no one who hates to lose more than Skyline CEO, Bill Dallas. This has fueled his career, especially at Skyline. Bill’s competitive spirit has made Skyline what it is today and has shaped the company culture by leading by example.

Bill can teach you a thing or two about what it means to run a successful business and how to get there.

Check out the video above to get Bill’s perspective on winning, losing, and attracting the right kind of people.

Thank You for Making Me a Top Originator of 2016

Top1% 2017

I’m proud to announce that I have been ranked in the Top 1% of Mortgage Originators in America in 2016!

As they say, it takes a village. No one ever accomplishes anything alone, and I am no exception. I’d like to thank my team. Without them, none of this would be possible. They support me and help me be the best loan officer I can possibly be. I’m lucky to work with such bright and talented people.

To my business partners, thank you for making me the loan officer you turn to. It’s a privilege to be in that position.

But above all, I’d like to thank my wonderful clients. Each one of you had a choice, and you chose me. Thank you for working with me and trusting me with the financing of your home.

A home is more than a dwelling. It’s where families grow and where memories are made. And it’s one of the biggest and most important purchases that most people will ever make. That’s why I take my job so seriously.

Though being a top originator is a huge accolade and a highlight of my career, I will never stop striving to be better and improve the lending experience for my clients.

Thank you for this honor.

CEO Bill Dallas’ Take on Repaying Your Mortgage Early

mortgageNot only is our very own Bill Dallas an entrepreneur, a CEO, and a writer, he’s also a thought leader in the mortgage industry. It’s no wonder that he’s so well respected, having more than 30 years of experience and having founded numerous successful companies.

For years, Bill Dallas has been the “go to” guy for high-level mortgage industry advice and even market predictions.

Most recently, Dallas was asked to weigh in on a commonly discussed topic for consumers: should you pay off your mortgage early?

Dallas puts his years of experience to good use, as he helps homeowners better understand the mortgage process.

Check out his insightful thoughts on early repayment in an article on

Click here to read the full article.

CEO and Thought Leader Bill Dallas’ Thoughts on Brexit

brexitOur very own CEO, Bill Dallas, has a pretty impressive resume having founded more than half a dozen successful companies. In fact, he founded his first company just a few years out of college!

Bill has been considered a mortgage thought leader for years, and now, not only is he a titan of the industry, he is also an accomplished author with a monthly article on the financial website The Street.

This month, Bill’s article deals with the impact of one of the biggest events to affect the world economy – Great Britain’s vote to leave the EU.

Check out Bill’s thoughts on the Brexit’s long term impact on the mortgage industry.

10 Cities Booming with Millennials

National Mortgage News recently reported on a study conducted by the National Association of Realtors (NAR). In it, data reveals that millennials are snatching up properties in metro areas with strong employment and relatively low income needed to purchase a home.

“Prospective millennial homebuyers residing in some of the most expensive cities in the country face the onerous task of paying steep rents while trying to save for an adequate down payment. However, for those currently living in or looking to move to a more affordable part of the country, there are metro areas right now with solid job growth and that offer a smoother path to homeownership,” said Lawrence Yun, chief economist at the National Association of Realtors.

The following is the list of the top 10 metro areas the NAR cited for their above-average share of current millennial residents.

#10 Portland, Ore.

Millennial Share of Population: 15%
Millennial Median Income: $44,792
Millennial Homeownership Rate: 17.1%

#9 Austin, Texas

Millennial Share of Population: 17.7%
Millennial Median Income: $51,810
Millennial Homeownership Rate: 19.4%

#8 Seattle, Wash.

Millennial Share of Population: 16.2%
Millennial Median Income: $64,294
Millennial Homeownership Rate: 19.8%

#7 Washington, D.C.

Millennial Share of Population: 15.7%
Millennial Median Income: $69,874
Millennial Homeownership Rate: 20.8%

#6 Denver, Colo.

Millennial Share of Population: 16.1%
Millennial Median Income: $50,923
Millennial Homeownership Rate: 21.6%

#5 Charleston, S.C.

Millennial Share of Population: 15.8%
Millennial Median Income: $47,903
Millennial Homeownership Rate: 21.7%

#4 Salt Lake City, Utah

Millennial Share of Population: 16.6%
Millennial Median Income: $51,930
Millennial Homeownership Rate: 24%

#3 Raleigh, N.C.

Millennial Share of Population: 14.1%
Millennial Median Income: $49,892
Millennial Homeownership Rate: 28.4%

#2 Minneapolis, Minn.

Millennial Share of Population: 15%
Millennial Median Income: $55,066
Millennial Homeownership Rate: 28.7%

#1 Ogden, Utah

Millennial Share of Population: 14.7%
Millennial Median Income: $54,608
Millennial Homeownership Rate: 40.2%

Source: National Mortgage News

How the Brexit Can Save You Money on Your Home Loan

Brexit may be bigger than we anticipated!

Great Britain surprised the world by voting to leave the European Union, but the effects of the decision can be felt around the world and in all sorts of different industries.

For home buyers or refinancers in the United States, the Brexit is actually good news because it could actually lead to even lower interest rates!

Interest rates has actually dropped since the Brexit and are approaching historic lows, and that can only mean one thing for home buyers and home owners – an opportunity to save money.

Lower interest rates mean smaller mortgage payments. Even a small change in interest, like a quarter of a percentage point, can add up to thousands of dollars over the term of a mortgage.

Global economic uncertainty means that interest rates are staying low or could even go down, at least for the time being.

So if you’ve been wondering if now is a good time to buy or refinance, you might want to take advantage of these incredible rates while they’re low.

Ready to take a leap? Give me a call or shoot me an email!

Source: U.S. News, June 24, 2016

Why the Brexit Means Low Interest Rates for You

Yesterday, British voters voted to leave the European Union in search of more economic independence. Although Great Britain is across the pond, this decision has an effect on the US mortgage market.

As of today, the Brexit is actually keeping interest rates low. In fact, according to the Washington Post, the Federal Reserve feared that Great Britain would leave the EU and kept rates low in response.

Right now, rates are significantly lower than they were at this time last year. Because rates are so low, it could be a great time to take the leap and purchase a home or refinance.
Even a quarter of a percentage point can save you thousands of dollars on your mortgage.

But time is of the essence. Interest rates can’t be predicted, and they can increase at any moment. A small rate increase could amount a lot of money. So the time to lock in that low interest rate is now!

If you’re ready to buy a home or refinance and want to take advantage of these great rates, give me a call or shoot me an email.

Source: Washington Post, June 24, 2016

Time to Lock it Up – Interest Rates Are the Lowest They’ve Been in 3 Years!

When it comes to buying a home, timing is key. Buying a home at the right time can mean getting a great interest rate on your mortgage, and your bank account will thank you. Today, interest rates are at the lowest point they’ve been in three years!
What does this mean for you?

It means that now can be a great time to take the plunge and lock that low interest rate in.

A fraction of a percentage point can mean hundreds or even thousands of dollars on a mortgage, so why pay extra when you don’t have to?

If you’re ready to buy your dream home and lock a low interest rate in, give me a call or shoot me an email!

* Current as of June 16, 2016