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Family First Mortgage

First Family Mortgage Can Save You Money

Conrad Thompson with First Family Mortgage can save you money. Call 425-0105 in the Huntsville, AL area.

First Community Mortgage raises $60000 in charity golf tournament

The charities benefiting from the tournament include Christmas for the Children , Baylor Bramble Family , a domestic violence center, Court Appointed Special Advocates and FCM Cares /JC Gordon Memorial Scholarship.

“This annual event is growing in popularity and impact every year,” said FCM’s CEO, Keith Canter. “It is hard work for many people, but a true labor of love for FCM to be involved in making this tournament happen. It helps honor Tyler’s memory and supports several valuable charities that help improve the quality of life for many people here in our home town. This year the income increased by 50% over last year, which means we will be able to make a difference for even more people in our community.”

The fourth annual golf tournament was held at the Indian Hills Golf Course in Murfreesboro, with 32 sponsors. The tournament is held in honor of Tyler Morrissey, the son of John and Melinda Morrissey, of Murfreesboro, who was killed in an automobile accident in 2008, when he was 21 years old.

Diverse leaders, local insights reveal path to untapped markets

Editor's Note: This is part two of a three-part series on the changing demographics of mortgage borrowers. Read part one and part three.

When data doesn't tell the whole story about untapped market opportunities, mortgage executives must draw on their personal experiences and local expertise to craft unique strategies to reach new borrowers.

It took a mortgage executive's personal experience and understanding of borrowers and homebuilders in his bank's footprint to come up with an innovative model for homes that addresses an unmet borrower need. While he wasn't looking to build mortgage or homebuilding business on a larger scale when he came up with the concept, it has that potential.

While it's easy for mortgage executives to get bogged down with day-to-day obligations inside their businesses, it's important to maintain perspective on the world outside those four walls.

If executives are themselves members of an underserved group it goes a long way toward reaching that group as a lender and an employer, according to Patty Arvielo, president of New American Funding.

Can a family member leave another family member a house with a 1st mortgage still on it in their will?

my mom has a home that she is still paying her first mortgage on, she says that if she passes away she wants to leave me the house in her will so that I would keep it in the family. Would the bank allow that to happen?

The bank would need to be paid off in full before you get the house. You cannot take over another person's mortgage.