Monthly Archives: January 2018

Mortgage guidelines, Mortgage Originators

Wonderful Wednesday – The new 1003! It’s coming….

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#WonderfulWednesday – The new 1003 comes out this year!! Have you looked at it yet?  I can look at these new forms and the way questions are asked and envision how I will deliver it to clients if I was licensed.  Are you doing this to be proactive?

Todays video is a reminder to do just that, you should know what these look like and how all 5 of these “interactive PDF’s” will be apart of your daily JOB!

 

I have placed the new 1003 links here as I found them:

  1. urla-borrower-information
  2. urla-additional-borrower
  3. urla-unmarried-addendum *see what I was talking about here
  4. urla-lender-loan-information
  5. urla-continuation-sheet

If you are not getting business the way you think you should and “it’s slow” click below, join the Sales Talk with Mortgage Pro’s on Facebook.  See you there! ↓

The Mortgage JUICEman Tools are here!

#SellWell

 

Mortgage guidelines, Mortgage Originators

Two for Tuesday – Bitcoin and New Guidelines!

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Happy New Year Everyone! Back at it, and today we jump right in to two new guidelines that you need to know about.  If you and your teams need an AE (Wholesale Account Executive) that can help you close more loans by not only a product mix, but by suggestions and marketing help to source business, let’s connect!  NOW’s the time to adjust your lender arsenal to help you teams do more in 2018!!

My team is growing, and we are helping more and more Banks and Credit Unions alleviate their risk on neighborhood watch by getting signed up as a non-delegated sponsor for FHA loans.  By doing so, this can open the doors to allow FHA/VA loans as low as 500 FICO if the bank wanted.  Most banks have an OVERLAY to help maintain a healthy rank on FHA for example, this allows them to offer it as a solution to their sales team, without harming the health of the company! Reach out to me for more details if your a bank that only goes down to 620 FICO or something like that.  We can open the doors for your business in many ways.  #LetsChat

Ok back to #TwoforTuesday, yeah I found out if BITCOIN can be used in a mortgage transaction.  And once sourced and turned into cash, sure it can.  See the short video of the day below! #SellWell – Oh yeah no more once a cash out, always a cash out too!

Have a productive week, in the mix of getting started in 2018, let’s network together! Add to your network a lender that can help you get more loans done!  CLICK BELOW↓