Tag Archives: Cash out

Two for Tuesday – R&T Not Cash Out!

#TwoforTuesday – Rate and Term not Cash out! Many questions recently on combining a 1st and 2nd mortgage on non-agency, FHA and Conventional loans.  Including paying off an ex-spouse from a divorce decree.  Today’s guideline day so I go over these instances and what makes it cash out or rate and term ↓

Ready? Set – GO!  – I’m in the office taking “I gotta guy” questions on all types of scenarios.  Let’s chat and make a loan out of your scenario.  I absolutely love helping LO’s structure loans to get them done, and done right the first time.  Don’t be shy, all you need to do is text the word Juiceman to 33655 and you’ll get my virtual business card.  On it is all my contact info.  Submit me a scenario and I’ll respond immediately.

As I always say –


Mondays Motivation – Non-Agency Tid Bits

#MondaysMotivation – Non-Agency tid bits of guidelines this week.  Non-Agency has a better ring to it than Non-Qm, and some may have a negative cogitation to the word.  However, more than 50% of all Non-Agency loans are in fact full doc.  While we boost bank statement loans, and you see investor options coming out, the important thing to remember is great options for your borrowers.

Weather self employed, or just had some event happen in the past that shouldn’t prevent a qualified borrower otherwise to have to wait 2, 3, 4 or even 7 years to buy a home.   Non Agency guidelines help make dreams come true.  Get on point with BluePoint here – CLICK HERE! We have 9 different non-agency options that you can add to your product mix!

Great guidelines to know, and a way to “make the loan happen” when reserves or a gift is needed.  There are plenty of good loans in the non-agency arena and these are just some tid bits (Guidelines) I’ll go over this week to help them shine.

As always – #SellWell

Weekend Call to Action – Throwback Week!

#ThrowbackWeek has been a success, what a great week on the blog.  I didn’t even post on facebook the video’s this week (I will today) and it was great.  What’s funny is just like today’s video even from 12-11 months ago each video still applies.  Today’s WEEKEND CALL TO ACTION is perfect.  I highly suggest you start thinking of “cash out” and whom you can network with to get cash out.  The idea is to think outside the box.

Deck companies, excavating company perhaps, maybe a fence company a builder or construction crew.  Get these types of companies to know you can help their clients get the cash to pay them.  🙂   Having a purchase pipeline is a must, but having a good mix of cash-out loans in the middle of the summer is icing on the cake for your pipeline.  My suggestion, start thinking “cash-out” this weekend and make a list of companies or people to reach out to next week.  Start now, don’t wait.

Just like RIGHT now is the time for setting up new lending relationships.  What I do for my broker’s is above and beyond the call of duty.  I help my broker’s that want to strategize with me on how to source more business in their area.  I help them on and off social media to source business with various campaigns.  All I ask is for a few loans in the process! Want a true business partner this year, that helps you with lead generation, recruiting, advertising and marketing, guidelines and closings loans?  #LetsDoBusiness has been my new hashtag online this month.  I am building out relationships here in the beginning of the year and want to impact as many as I can.  If your a broker, let’s work together to grow your company!

As always #SellWell

Two for Tuesday – New owner cash out guidelines! *Fannie Mae’s new cash out loan too!!

Well how long does someone need to own the property to take cash out?  FHA and Conventional guides are a little different.  Plus, Fannie Mae came out with a new cash out loan, well it’s more like a rate and term, but great option for you to advertise.  #Checkitout #SellWell #TwoforTuesday

Thrive’in Thursday – It’s HOT, and Fannie and Freddie are making changes!

#Checkitout – Fannie and Freddie are making changes to help the mortgage industry THRIVE!  Prayers to any and all that are affected by the tropical storm Cindy this summer.  Two new guideline changes announced.  #Thriveon #SellWell