Tag Archives: Bankruptcy

Mortgage guidelines, Mortgage Originators

Whacked OUT Wednesday – Guideline Week!

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#WhackedOUTWednesday – #GuidelineWeek – With the most frequently asked questions about #FHALoans we will have the “whacked out” part all integrated with today’s episode.  LOL.. Seriously these are the guidelines you want to know on FHA for time lines.  I go over many more in the next two days.  But this is the area of 80% of questions monthly.  BK’s and Foreclosures and of course student loans, collections and disputes.

I’m talking to more and more to LO’s all the time about what the difference is between Retail and Broker.  If you’re a LO and want to know about the #Wholesale side of things feel free to reach out to me.  I’m #HereToHelp!

I’m helping rock stars become Brokers, helping LO’s turn into rock star producers, and getting more and more loans done every month.  Want to talk about growth together?

Don’t be Whacked OUT and not reach out, send me your Whacked OUT scenarios, I’m in the office helping Whacked OUT loans comes to life! 🙂

Text the word Juiceman to 33655, download the app and you can send me various messages.  Via App, text, email heck you can even call me.  If you wanted to price a loan out you can use that app too.  Go ahead compare your retail rates to my wholesale rates.  My products and program matrices are even open portal.  Feel free to poke around.  All located on the app.  Send your #WhackedOUT scenarios thru the app too.  Go head, text that word – “Juiceman” to the number 33655.

As Always –

#SellWell

Mortgage guidelines, Mortgage Originators

Two for Tuesday – Guideline Week!

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#TwoforTuesday – #GuidelineWeek – This week, I go over some of the most commonly asked questions.  Today I review conventional LTV limits, and funny enough I get an email last night asking for the LTV on a REFI for an investment property.  The conventional limits, and non-agency limits on LTV /FICO are on matrices openly published and can be accessed WITHOUT a password.

Want to see them? – CLICK HERE! In today’s show I go over Bankruptcy and Foreclosure guidelines for you all on conventional loans.  When it comes to “Non-Agency” the guidelines are driven highly by FICO, but comparing the Fannie Mae matrix versus non-qm, you can see a 5% increase in most buckets for LTV.  Answering my Broker’s question, 75% LTV refi on Conventional, and with a high enough FICO up to 80% LTV refi on non-agency for investment property Rate and Term transactions. ↓

Ton’s more #JUICE all week long.  Tomorrow we’ll visit FHA guides more and I’ll alternate products all week to get the important “most frequently asked questions” out of the way.  I ♥ “I gotta guy” questions and can’t wait to help you with your most recent scenario.  🙂

As Always –

#SellWell

 

 

Mortgage guidelines, Mortgage Originators

Two for Tuesday – Non-Agency Tid Bits

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#TwoforTuesday – Non-Agency tid bits all week.  Today’s is full of two great guidelines to know.  You do have products to make things work out for your more credit worthy clients.  Sometimes, “stuff happens” and there’s events that make your clients wait under traditional mortgages.

Bankruptcy, foreclosure, short sale, deed in lieu all are trigger events in most cases.  We have over 9 different options that can offer your clients options!  ↓

♥ Today, text Juiceman to 33655 and check out options you can have yourself.  I’m in the office wrapping up the month, and making impact to pipelines, why not yours!?

As always

#SellWell

Mortgage Originators

Thursday’s Thoughts – Short Sale, Foreclosure & Bankruptcy Guidelines

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#ThursdaysThoughts – Make a plan and take massive action on it.  #Successwillfollow

Today I go over the guidelines for seasoning and waiting on BK’s, Foreclosures and SS!  Know these waiting periods and what questions to ask your clients, it could save a headache later!

*Sponsor #oftheweek is the virtual business card, if your in sales, you should have a CARD TAPP APP! #Checkitout #SellWell

Solving Problems is my forte’!  Are you a bank that has overlays to prevent risk?  Good thing to do actually, however, as a non-delegated specialist my bank can help yours!  We can open up products you may not have currently for your sales force, all while mitigating risk on your FHA neighborhood watch percentage.  A great option to outsource underwriting on certain FHA loans. (manuals or below a certain FICO band)

Are you an LO and business is slow?  Maybe your a Broker and do not have the support you wish you had on your files from your lenders.  We can be the newest edition to your lender arsenal! I ♥ Wholesale Brokers!  And I help others grow their business!  Fill in below and let’s connect if you have any of these problems!

*Also available for any “I gotta guy” questions, hit me up in the office! #SellWell