#TwoforTuesday – Back to our regularly scheduled program and Tuesdays’ a guideline day as always! I go over two guides today, one on Credit Counseling and one on Owner Occupied Principle residence.
Get the #JUICE below! Join Us In Creating Excitement for helping more borrowers ↓
#GetOnPoint with #BluePointMtg today, and give us a shot on your next pricing, scenario or loan need. We are making magic happen and would love to include you! That way we help you get a pay day!! #LetsFund some loans together! CLICK HERE
As Always –
#TwoforTuesday – DU or LP & VA loans. Many LO’s forget that you can do a VA loan on DU or LP. I say run it on DU and if it doesn’t get approved, try LP as a second resort. #VALoans are quite possibly the best loan out there hands down. I ♥ helping Veterans get into homes with no money down.
Today I dedicate the day to some of the #GuidelineWeek guidelines that I went over last week for VA Loans. Foreclosure, SS, BK, concessions and more. I talk about the recent changes in cash out LTV calculations and several other “cool VA guides” you should know.
When it comes to partnering with #WholesaleLenders for VA, I suggest you #GetOnPoint. Why? Because at #BluePointMtg we have virtually no overlays and we will send out to a local VA office if needed. (Happens when two unmarried Vets are on same loan). Many lenders do not do this. We want to give you options for your Veteran borrowers. #LetsChatVA
We close loans, that’s the point! #GetOnPoint with #BluePointMtg – CLICK HERE
As Always –
#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.
#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 –
#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 –
#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.
As Always –
#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!
As always – #SellWell
#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
#MondaysMotivation – Guidelines and Marketing are the two things you, as an LO, must master in order to be successful! While guidelines change all the time, so do marketing trends and what works. You need to be “up to date” on these to be a successful LO in Today’s environment! All this week, I go over commonly asked guidelines and a talk about how it coincides with marketing.
On FRIDAY Aug 31st, 2018 @ 10 am EST, I will put on a webinar that’s FREE for all! I am going to cover a part of #TheBluePrint that I’ve been teaching Broker’s/LO’s for years to expand their business. It’s all about whom to reach out too when through the year to help you expand your rolodex of referral partners. Someone probably told you to network with RE Agents, but whom else could you be gaining business from and when throughout the year should you be reaching out? These are all things I cover on Friday’s Webinar.
FRIDAY AUGUST 31st, 2018 @ 10 am EST is the time for the webinar! Want to know more about using seasons and trends to help you build your business? SIGN UP HERE!
As Always – #SellWell
#WeekendCalltoAction – Delayed financing exception needed for cash out to do improvements on a new home!? – Well if your client bought a home CASH in the last 6 months and wants to pull cash out – now’s the time! My advice is to call all the title reps and agents you’ve had the pleasure to deal with in the last 60 days on purchases. See if they can give you a warm referral to a cash buyer you didn’t know about. (They didn’t need a loan then)
What I know, is when people move into a new house to them, they always want to do something. Change the bathroom, paint the walls, add a shed etc. If you do a polite “quality assurance” call to follow up on behalf of the RE Agent, and just ask if they are in need to obtain some equity now, it could be your win! Of course talk up the RE Agent or Title rep that referred you and ask for reviews for them. It’s a great way to add value to your partners and source new business at the same time. I go over the guidelines below:
The delayed financing exception can be done very often on both Fannie Mae’s side and the Non-Agency side of things. So reach out we have 9 different options under the Non-Agency umbrella that could help too! #LetsDoBusiness – Get on Point with #BluePoint – CLICK HERE!
As Always – #SellWell