#Two4Tuesday – VA changes you need to know! There is (on Friday) two new types of VA loans. VA type 1 and VA type 2 when it comes to VA refinances. (The old “cash-out” loan) – And with this change there are some key things to know about. Several new guidelines for VA loans and updates I detail in today’s show! ↓ It’s longer today guys and gals, but worth the watch! ↓↓
If you have any “leads” into the new form for showing options for the client I’d be interested to know what you’re using. You would think that if VA says you need to disclose a comparison of options to the clients, they would INCLUDE that in the VA circular. Nope. Didn’t happen. But hey it is what it is. How are you going to show options? Send a note, make a comment, message me, I’d ♥ to know what you’re doing.
And of course I do VA. I love helping Vets, and we do them very well. #GetOnPoint with #BluePointMtg and use us for your VA loans. We go down to 550 FICO, have no manual underwriting hit to pricing, and we will send a file out to a local VA office if needed. (Happens when two unmarried Vets are on a loan). #LetsDoBusiness –
CLICK HERE for the easy sign up!
As always –
#Two4Tuesday – Reversing it UP! There are a ton of LO’s I deal with that have NEVER wrote or even thought about learning reverse mortgages. This is a growing trend that follows the biggest set of #TrendSetters in the US. #BabyBoomers – And more and more people are exploring this option. Might as well learn how to create more opportunity for yourself is my thoughts. #GetOnPoint
With #BluePointMtg we help LO’s that have never done a reverse mortgage by doing all the “heavy lifting” for them. Seriously we generate all the paperwork, we even pay for the inspection (in CA only) and we provide the counseling numbers for the client to call and offer to place in a “Living Trust”. *For super cheap – Ask your AE for more info.
#Two4Tuesday – You get PAID $$$ Front and BACK just like the old days on this one. And it’s growing popularity among the market place as a fantastic PURCHASE LOAN! A ton of “snow birds” are tired of traveling and just want to sell and then buy their last home in a warmer climate somewhere in the US. It’s a trend. And these people are putting down 50% or more in most cases, and are eligible to do a reverse loan and have NO MORTGAGE PAYMENT EVER! And be in their last house!! What?? This loan makes so much sense, it’s time to educate the LO’s so this summer LO’s can educate the clients. Let’s go!
Reverse it UP this year, and don’t give away your reverse mortgage leads to that one guy. Do them yourself, we’ll show you how! CLICK HERE to get approved with BluePointMtg!
As always –