Tony Phillips

Free

Retired 203k Mortgage Specialist Expert

Tony Phillips Quick Facts

Main Areas: FHA-insured Mortgage Financing
Career Focus: Business Owner
Affiliation: C-Loans, SFI, Wealth Creations Network,

Hello I'm Tony Phillips, known also as Javeton – a pen name under which several of my articles and blog posts were written and published. A name that also has very special significance among family, friends and is recognized by a number of Web networks in which I have memberships and active participation.

My residence is in the central New Jersey city of Woodbridge and my professional background is professional sales with a big chunk (32 years) devoted to real estate sales – both as an an associate and a broker – as well as mortgage brokering, and mortgage lending services, the last nineteen years having been spent representing three New York-based mortgage lenders.

I was recently forced into early retirement as a result of an injury which affected my ability to carry out the duties demanded by the positio I held with my last employer.

Having said that, I do consider myself fortunate to still be able to work (from my home computer) towards the improvement of two Web-based entities (TPJaveton Enterprises and TPJaveton & Associates) I had created a few years earlier. These entities provide a way for me to chart a new course (Web marketing) with great optimism.

TPJaveton Enterprises, created in September 2008 was originally active in eCommerce warehouse products, but has since expanded into affiliate marketing, which encompasses article writing, website publishing and blog creation, among many other needed activities pertinent to the affiliate marketing responsibilities.

As founder of TPJaveton & Associates and TPJaveton Enterprises ("TPJaveton"), my objective is to manage the affairs of these Web entities in a manner that ensures relevancy, quality, usefulness and social acceptance of the content provided on our websites; whether the topic(s) be related to real estate and/or mortgages, affiliate marketing or any other subject matter that may be covered on our blogs and websites.

Information is provided freely and in an effort to reach people who will benefit most by utilizing it. In addition, TPJaveto Select newsletter which was published on June 11, 2010 is available free of charge to present and future readers and supporters. Visit the TPJaveto Select page to subscribe.

The journey continues... God willing.

Friendship enriches our lives, like a smile brightens the room, and it begins with a handshake.

Tony "Javeton" Phillips

Articles by this expert

SelfGrowth articles and saved writing connected to this expert.

4 total

Article

Building a Better Home-Purchase

Building a better home-purchase, for the purpose of this article, outlines the entire process of home buying which includes before, during and after the purchase. In the majority of home buying transactions the process includes the before preliminaries (preparing yourself to make the purchase and finding a suitable home) as in blocks One & Two below; And during (the mortgage financing process as in block Three below.

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Article

When Creative Real Estate Financing became Alarmingly too Creative

This article is relating to real estate financing options which made financing available to home buyers for the better part of seven decades and although they have undergone a number of changes over the years, the FHA and Conventional real estate financing programs continue to be the overwhelming choices for home buyers despite a number of economic downtu s over that period.

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Article

Mortgage Foreclosure Crises: Causes, Effects & Justifications Unanswered

Over the last two years there were many questions asked about what caused the mortgage meltdown and subsequent foreclosure crises. There was plenty of speculation to go around as well as a lot of blame and finger pointing towards certain groups of home buyers who supposedly bought homes they couldn't afford; towards the FHA which supposedly encouraged unqualified people to buy homes; and towards mortgage brokers and some mortgage lenders who supposedly originated bad loans.

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Article

Once Upon A Real Estate Equity

Owning land (acreage), real estate equity, has always been considered a reliable indicator of a certain amount of wealth; that the land owner was relatively well-to-do. In fact, the desire to own land was such a top-tier priority in olden times that Barons (noblemen), during the middle ages traded their loyalty to kings in return for land and, as a consequence, earned the alte ate title of Land Barons.

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Favorite Quotes & Thoughts from Tony Phillips

There was a time when creative real estate financing had become too creative for the traditional lender, and as it turned out, he was right in many respects because, as we now know, Creative Real Estate Financing methods that did not conform to traditionally acceptable mortgage insurance requirements underwent a total meltdown and almost took the entire real estate & mortgage industry, as well as the US economy down with it.

How to get started

Dating back to 1992, my first year as a mortgage lender representative (Account Executive was the actual title), I learned very quickly that mortgage programs offered by the Federal Housing Administration (FHA) were among the best and most affordable available to home buyers. I decided then that any success achieved in my mortgage career would have to include FHA-insyred mortgages. What wasn't very clear then is that commercial mortgage applications would become as important a part of my career as it did. The reason? Mixed-use (combination of residential & commercial units in the same building) properties.

Did you know that the FHA-insured 203k rehab loan is the only residential mortgage program that can be used to finance the purchase of mixed-use properties? That was certainly true during my years in the industry, but more to the point of commercial mortgage origination, 203k was a perfect segue into commercial mortgages for me during that time. Recent changes to the FHA regulations have affected the 203k program in a way that may eventually eliminate the financing of mixed-use pr