#FantasticFriday – #GuidelineWeek – Guidelines, Guidelines, and more Guidelines all week long. Today I wrap up the week by going over the most commonly asked questions for FHA yet again. I even throw in an extra bonus today with seller concessions max, or maximum third party contributions in Conv, FHA, and VA!
One point I’d like to make is sellers concessions can’t go over 2% in 2 different situations. 1 on investment properties and 2 on FSBO. Know this stuff Ladies and Gents! ↓
I enjoy helping others get their loans done and done right. If you have guideline questions, do me a favor, shoot an email that says scenario – (Or – “I gotta guy”) in the subject line of an email. Include the 1008, 1003, credit report and any DU/LP findings you have. And I’ll take a look at it for you. CLICK HERE to send an email.
#ThursdaysThoughts – #GuidelineWeek – Guideline week in full effect, hope you’ve enjoyed the shows this week. We are going over the most commonly asked questions on guidelines for Conventional and FHA this week. I throw in a few VA guides here and there this week, but this is all centered around the biggest subjects. Today and tomorrow we go over collections, disputes, liens, judgments, and gift guides. ↓
I ♥ “I gotta guy” questions and want to help you anyway I can to help bring loans to life. Questions on guidelines? You can check the guideline matrices on my website here — GUIDELINES
As for me, I’m wrapping up a successful Feb and rolling right on pace for my goals in the first quarter 2019. Are you? If not we should chat.
Happy Month End.
As Always –
#TwoforTuesday – Back to basics as a reminder in the new year, Collections and Disputes on FHA are covered today! Know this off the top of your head. There is magic numbers to both of these, know them, and if the net amount on any credit report is less than the magic number ignore it and run it through DU.
FHA is a strong suit of mine, and I’ve always excelled at getting these done. We have 203B, and 203H FHA loans, as well as CalHFA opportunity for those in California. In all reality any FHA loan can be accompanied by some DPA, just LO’s don’t look them up. If you find one that will meet us at the table with the money, run it by me, odds are we can do it. Here’s a website to help you find them; http://www.downpayment.org
I’m growing and helping brokerages grow too. Do you have a want to hire more LO’s this year? Let’s chat, we can talk strategy for that. Do you want to start an online presence or make the one you have actually get you names, phone numbers and emails? We can do that too! All I ever look to do is help on a few loans here and there. (Small piece of the pie) #LetsDoBusiness – Take the 10 minutes it takes to print sign and send back a 12 month committment to do business. At which point I’ll earn my right to stay in your lending arsenal. I’ll add that much value, that’s a promise. CLICK HERE
As I always say –
#WhackedOutWednesday – In today’s edition we go over #Guidelines for conventional to accompany yesterdays FHA guides. And of course I talk about more JUICY webinar stuff. Join Us In Creating Excitement #JUICE this FRIDAY at 10 am EST! To sign up CLICK HERE!
Collections, Judgments and Disputed accounts are the most commonly asked questions that mess up LO’s with loans. On conventional loans what you need to remember is the property type dictates the guidelines. And ALWAYS READ your DU/LP findings folks. No matter what. It spells out everything.
The NUMBER 1 thing I get from others regarding why they haven’t taken advantage of the #Reverse loans is that’s it’s hard. It’s new to them, they don’t know it, don’t know how to sell it, and seems to take longer or have more paper work. Some of which is right. @BluePointMtg we are revolutionizing the way LO’s get to take advantage of the reverse mortgage loan and help more borrowers. Providing a solution to help complete the reverse loan with ease. The way to get started is to sign up for the webinar and to partner with a “Niche” wholesaler to add products to your lending arsenal.
The WEBINAR – What’s it all about again? – Well at this time of the year every year things begin to “slow down”. But they don’t have too, I’ve been teaching LO’s how to expand their business for years with referral partners at various times of the year. It’s all about how to take advantage of the seasons, and trends in lending. It all coincides with niche marketing and segmentation. And if you’re a LO, this is how to grow your business year over year. See you on the webinar – Sign up HERE!
#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
As Always – #SellWell