#TwoforTuesday – Commonly asked questions today for guidelines! FHA collection rule and the rules for combining a 1st and 2nd mortgage. FHA & Non-agency work vary similar in regards to their guidelines. Whereas conventional, there is always a catch 22. Check it out in today’s Two for Tuesday guideline video! ↓
Right now more and more Mortgage Broker’s are looking for structure to save the day. And structuring loans takes experience and skill. I ♥ doing it personally and will be in the office all day helping Broker’s do just that. #Structureloans to #GetOnPoint with #BluePointMtg. CLICK HERE TO DO THE SAME!
As Always –
Email me, text me, call me, DM me or better yet Text Juiceman to 33655!
#TwoforTuesday – Products & Marketing go hand in hand, are you aligning yourself to be able to segment? Today I have some great news, so many new product niches are on the table to help Mortgage Broker’s #GetonPoint! Recently, Freddie Mac has announced they are offering a select portfolio of lenders a 85% Cash-Out Conventional loan again! @BluePointMtg we also rolled out with ITIN loans, DACA loans, Non-Warrantable Condo’s, and various bank statement loan options. WOW and to top it all off, BluePointMtg is offering FREE APPRAISALS for all loans over 300k from now till the end of the year!! These are all great segmenting and marketing angles that any Broker partner we partner with can use to grow their pipeline!
Speaking of Marketing, these products become a gateway to help campaigns come to life. If your slow, or do not have these products in your mix, I personally want to welcome anyone that wants it, a FREE strategy session to create campaigns for your geographical area to grow your business. If you’re a Mortgage Broker, I encourage you to align yourself with niche products in your lending arsenal that can compliment marketing plans in 2019. We close loans that’s the point, get on point with BluePointMtg in the last quarter of 2018.
Such exciting times right now within the industry of wholesale mortgages, at BluePointMtg we’re expanding partnerships, products, and people! If you know of a great AE whom you’d recommend to help our expansion, send me a message!
#TwoforTuesday – Sales and Guidelines go hand in hand. Today I go over a way to find deals in your #Database! If you don’t already have one, build a list. If you’re building a list and that list isn’t yours back it up or make a copy. The #GOLD is in the #LISTS! You just have to work them! Check your database today, dig deep and you might find a new opportunity.
Guidelines for BK/Foreclosure/Short Sales are some of the most commonly asked questions. I go over just this today, for Conventional, FHA/VA, and Alt-QM loans. Do you know someone whom just had a derogatory credit event due to unfortunate circumstances? There’s a loan for them as long as it’s settled. Find out more about what type of LTV and rate would apply for those borrowers HERE!
When the going gets tough, the tough get going! What are you doing to generate leads and exposure for your #Brand? I teach LO’s all over how to create more of a presence. It’s #TheBLUEPRINT that helps you leverage social media in a whole new way. Looking to make 2019 your best year yet? = Start now – Click HERE
I’m here to help you #GetOnPoint with #BluePointMtg and close more loans.
#TwoforTuesday – Boost the Perfect LO! It’s JUICY List week! I challenge you to check out at least 1 of these links this week. They are all designed to help you as a mortgage originator or Broker Owner to grow your business. Today is no exception, in fact two of the best tools are highlighted. Check them out! ↓
Get the virtual 1003 application that can help you be a #PerfectLO! It’s the Perfect LO App, and allows you to never miss that one question that could affect your loan. Also allows you to take a 1003 in multiple languages!
And of course get Boosting listings of your RE Agents to help them source leads! It’s LISTING BOOSTER – One of my favorite “secret weapons” for LO’s to take advantage of. This allows you to co-brand with Realtors, and even network with 100 Agents to boost their newest listings!
I love love ♥ the questions I get daily. It’s what makes me tick. If you have an “I gotta guy” question let’s chat, I love guidelines. I love calculating income, or helping structure a loan. I want to be a big resource for anyone that wants help in growing their business. #LetsDoBusiness – Get on Point with #BluePointMtg and reach out to me with questions on your next loan. Who knows, we can make loans come to life with our #Niche products. CLICK HERE – To get a sneak peak of our products.
#TwoforTuesday – 30 days and multiple jobs! Guideline day!! 30 days left (less than) to make sure all your self employed borrowers in the pipeline that have filed and extension close using 15/16 taxes. Make sure you know if that borrower is going to file taxes, it may take another week or two or three to get those transcripts back! And the second guideline is centered around those that have a 1003 job history with multiple jobs in the last 12/24 months. Is that ok? Does it disqualify a borrower for a FHA loan? That and more in today’s video!
Gotta ♥ guidelines, today as stated in the video, feel free to check out some of our Products and the guidelines we have posted for each. There are several matrices for products we have including for investor loans, and bank statement loans. CLICK HERE – For a quick look at the guideline’s for the products we offer! #GetOnPoint @BluePointMtg!
#TwoforTuesday – Guidelines for FHA today, and Letting the CAT out of the BAG! #BIG #Announcement – Plus as an added bonus we have 4 days left of August RUSH! All purchases gain a .25 incentive (FHA/VA/Conv)!!
We are revolutionizing how LO’s take advantage of #Trends, and this Friday at 10 am EST I will have a webinar on how to grow your business year over year!! If you’re a LO you want to be on this one. CLICK HERE to sign up for the webinar!
LETTING THE CAT OUT OF THE BAG! ↓
We will be revolutionizing how loans are done for LO’s in this segment, and I can’t wait to help those that want to take advantage of this trend. The first thing to do is to get SIGNED UP with BLUEPOINT MORTGAGE —CLICK HERE! I personally can’t wait to help LO’s learn to market, and complete this loan with ease. As a wholesale lender, We’re dedicated to help Mortgage Broker’s grow their business! #LetsDoBusiness
#TwoforTuesday – The best of Whacked Out Wednesday videos I’ve done and this one is about how to count. The two things that matter, the LE and the CD. You count one way at the beginning of the loan and then count another way at the end of the loan. Kind of #WhackedOut if you ask me. 🙂
In all seriousness this is a common mistake that a lot of LO’s have. And for “compliance” you should know which one (LE or CD) has you count Saturdays and which one has you count forward or count the day it was signed. Check out the video from the JUICEman vault on how to count ↓
I was testing my smurf ability that day. lol – Seriously I should’ve changed the blue screens ehh. Well instead you can get on point too. With BluePoint Mortgage, we are expanding our National footprint and would welcome partnering with your brokerage. CLICK HERE for a Broker Package.
We are eliminating any type of PRICE objection because we want you to experience our #Speed and #Service. All purchase submissions for the next 2 days (Including Today) gain an extra .25 in premium pricing!
#TwoforTuesday – Home Owners Protection Act was technically updated with Fannie Mae’s recent announcements pertaining to the cancellation of MI. There are several ways MI can be cancelled. Either there’s lender initiated cancellation of MI, or Borrower initiated cancellation of MI. And when the borrower cancels it can be based on current value or the original value. I go over some of the changes that took place and go into effect on Jan 1, 2019.
The best part I see is FNMA spells out the process, provides the forms and the links to order value etc. Also, if there is original value being used they are now allowing the use the APS (Automated Property Service). The same system that issues the PIW’s that you could be getting with files can validate a value to be used to cancel MI now. This is great use of technology. BUT – Big but – FNMA does have some read between the lines guidelines on this whole cancellation policy. I go over the nuances in today’s episode.
As always I’m here to help you know the guidelines and help you close more loans. #LetsDoBusiness – If you have an “I gotta guy” question, TEXT Juiceman to 33655! I’d be happy to help you today!
#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!?
#TwoforTuesday – I ♥ guidelines and will always use them as a tool to help my clients get to the end goal – close more loans! That’s what they’re there for. To help us. Might as well point out one’s I see missed or not understood by the masses right. It’s my value point for you. It’s where I can shine to help you structure a deal right to begin with. Today I go over two FHA guidelines that are commonly asked as questions. Seasonal income and how to use it. As well as departing primary income and rental income calculation.
It’s important to align your Brokerage with Lenders that can help you with guidelines and do not have many overlays. That’s the point, to help you get on POINT. With BLUEPOINT! CLICK HERE and complete the broker package today! We are a Broker Friendly lender growing all over the nation. Let’s do business! With strong pricing on FHA/VA and the 9 different non-qm options we are poised to make impact where other lenders may not specialize. That’s our “niche'”.
Guidelines are apart of our everyday role as AE’s and wholesale Lender reps, we have LO’s and Broker’s asking us questions all day. We can gain answers straight from the source (Underwriting) and help you structure your loans to actually close. This is the difference making we make at BluePoint. Don’t get stuck with loans you can’t close. Get on point with BluePoint today!
The JUICEman! 