mortgage broker education

With all the recent drama surrounding the fallout of the mortgage industry I wanted to extend a personal invitation to fellow ActiveRain members area REALTORS ® and customers throughout the State of Florida and 37 other states as seen in the graphic to the right here... Recently my real estate team has been the victim of these "Pre-Qualified Buyers" several times unfortunately who at the last minute before the financing contingency expires all of a sudden are unable to obtain financing leaving our sellers with a property that has been placed pending for almost 3 weeks and now is back on the market missing out on 3 weeks of potential buyers. None of us like to play games with brokers that play the let's keep throwing the loan file against the wall till we find a "Mikey Likes It Lender" and then run out of time on the financing contingency... As a fellow mortgage professional my special offer to you is the following: Call Trust USA Mortgage to Pre-Approve Your Buyers before you take them out on the street to look at real estate. Now I'm not referring to the typical "Pre-Qualification" that many other places of business offer that we all know are at times not worth the paper they are written on unfortunately. What I'm referring too is an actual commitment from the lender. This means that your buyers' loan file has actually been reviewed by an underwriter and the only conditions remaining to clear should be an executed contract for sale and purchase of real property and the appraisal of said property. Now this may take an extra day or two before you take out your buyer but wouldn't you want a solid customer riding around in your car.. rather than one who is going to occupy your time and fall apart three weeks later? We run our business on TRUST and know that your time is valuable. As the agent you can assist in making the process go faster by prepping your clients to have the following documents ready even if they are using their own lender to make the sale a more efficient process such as: Two Years of Employment in the same profession or education leading to present job. Two Recent Pay Stubs - From all employers or sources used for qualifying income. Two Previous Years W2's or 1099's and two years tax returns if possible. Two Months Bank Statements - All accounts and all pages used for asset verification. Stated Borrowers may require additional documentation if self employed by providing a letter form their CPA and evidence of their company business. If using other loan types such as SISA. SIVA. NIV. No Ratio or No Doc varying types of documentation may or may not be needed. In addition to working as a REALTOR® I also work as a Licensed Mortgage Broker with Trust USA Mortgage Corp. Trust USA was established by our CEO Ron Davidson in Miami. Florida in August of 1994. Since that time we have grown from a small ambitious company into a competitive full service Licensed Mortgage Lender with branch offices in Fort Myers FL. Brickell Avenue Miami FL and Hallandale Beach FL. We adapt to our customers based on their mortgage needs from first time homebuyers to people with unique credit (what most people call bad credit) to the upper end of our market of multi-million dollar homes and project lending in several developments throughout South Florida and Southwest Florida. If I can be of assistance to you please contact me as soon as possible. Scott SlocumLicensed Real Estate Sales Associate (REALTOR®)Sellstate Achievers Realty NetworkLicensed Mortgage BrokerTrust USA Mortgage CorporationPrimary: 239-340-1384 - Join our Pre-Foreclosure & Short Sale Notification List Copyright © 2007 by Scott Slocum. All Rights Reserved. This material may not be published broadcast rewritten or redistributed without the written consent of the author." This post has been included in Post is included in group: Post is included in group: Post is included in group: Post is included in group: Post is included in group: i totally agree with this - even though i have been trying to get this done we still have been getting last minute no's from the lenders - i have never seen it this tight but i am told we are expecting some new products that will help us to get going again Good point about getting a full pre-approval. I have seen so many bad pre-qual letters that I do not even take them serious unless I know the loan officer and even then I push the client to get the pre-approval. That is the same process I use for myself. I personally won't show a Buyer anything until they are pre-approved. Even in this market where Buyers are few and far in-between. Scott. I wish everyone would do the same. Unfortunately everyone wants to HOPE that they can do it even if they are pretty sure they cannot. Great informative post. Preqaul letters don't mean a thing. More buyers and realtors should realize this. I sometimes get an "emergency" call from a realtor who has shown a home before the buyer is preapproved and I have to give them the bad news that the buyer won't qualify or that they need to find a less expensive property. Not a fun situation for all involved. Thanks for the great post - I fall into the group of realtors that will not show a buyer homes until they are preapproved for a loan. I believe it is a smart way to handle your business by ensuring that the time & money (especially gas money these days) you invest in your buyer client is going to pay off appropriately. I agree with Steve's comment above - "even in todays market where buyers are few & far in between" - I hope we keep working smart. Cape Coral Real Estate Agent Scott Slocum (239) 340-1384 . Florida Future Realty Inc. Office Phone: (239) 340-1384 Find and here on ActiveRain. Disclaimer: ActiveRain Corp does not necessarily endorse the real estate agents loan officers and brokers listed on this site. These real estate profiles and are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp takes no responsibility for the content in these profiles that are written by the members of this community.© 2007 ActiveRain Corp. All Rights Reserved

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To: All NAMB MembersFrom: Denise Leonard. NAMB Government Affairs ChairRE: National Teleconference to address H. R. 3915 the "Mortgage Reform and Anti-Predatory Lending Act of 2007"When: Monday. November 5th at 1:00pm EST (12:00pm CST. 11:00am MST. 10:00am PST)Call in be: 1-888-732-6202Pass Code: 670148Please call in early as this is a national conference label and 'lay' is limited. On Monday. October 22. 2007. House Financial Services Committee Chairman Barney Frank (D-MA) along with Representatives Miller (D-NC) and Watt (D-NC) introduced H. R. 3915 the "Mortgage Reform and Anti-Predatory Lending Act of 2007." If enacted this bill would ban yield spread premiums (YSP) in an effort to prohibit steering; open a federal duty of care; create an ability to repay standard; and impose limited liability to secondary market securitizers. This bill would also call for licensing and registration of all originators regardless of where they work in addition to criminal accent checks testing and continuing education. This is a critical time. gratify connect us for an important teleconference on H. R. 3915 moderated by NAMB Executive Vice President Roy DeLoach and NAMB Past President Joe Falk.

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To: All NAMB MembersFrom: Denise Leonard. NAMB Government Affairs ChairRE: National Teleconference to address H. R. 3915 the "owe ameliorate and Anti-Predatory Lending Act of 2007"When: Monday. November 5th at 1:00pm EST (12:00pm CST. 11:00am MST. 10:00am PST)Call in number: 1-888-732-6202Pass label: 670148Please call in early as this is a national conference label and 'lay' is limited. On Monday. October 22. 2007. House Financial Services Committee Chairman Barney Frank (D-MA) along with Representatives Miller (D-NC) and Watt (D-NC) introduced H. R. 3915 the "owe ameliorate and Anti-Predatory Lending Act of 2007." If enacted this account would ban yield spread premiums (YSP) in an effort to prohibit steering; establish a federal duty of compassionate; create an ability to pay standard; and impose limited liability to secondary market securitizers. This bill would also label for licensing and registration of all mortgage originators regardless of where they work in addition to criminal background checks testing and continuing education. This is a critical measure. Please join us for an important teleconference on H. R. 3915 moderated by NAMB Executive Vice President Roy DeLoach and NAMB Past President Joe Falk.

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To: All NAMB MembersFrom: Denise Leonard. NAMB Government Affairs ChairRE: National Teleconference to Discuss H. R. 3915 the "Mortgage Reform and Anti-Predatory Lending Act of 2007"When: Monday. November 5th at 1:00pm EST (12:00pm CST. 11:00am MST. 10:00am PST)Call in number: 1-888-732-6202go Code: 670148gratify label in early as this is a national conference label and 'space' is limited. On Monday. October 22. 2007. House Financial Services Committee Chairman Barney Frank (D-MA) along with Representatives Miller (D-NC) and Watt (D-NC) introduced H. R. 3915 the "Mortgage ameliorate and Anti-Predatory Lending Act of 2007." If enacted this account would ban yield spread premiums (YSP) in an effort to prohibit steering; establish a federal duty of care; create an ability to repay standard; and impose limited liability to secondary market securitizers. This bill would also call for licensing and registration of all originators regardless of where they work in addition to criminal background checks testing and continuing education. This is a critical time. gratify join us for an important teleconference on H. R. 3915 moderated by NAMB Executive Vice President Roy DeLoach and NAMB Past President Joe Falk.

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To: All NAMB MembersFrom: Denise Leonard. NAMB Government Affairs ChairRE: National Teleconference to Discuss H. R. 3915 the "Mortgage Reform and Anti-Predatory Lending Act of 2007"When: Monday. November 5th at 1:00pm EST (12:00pm CST. 11:00am MST. 10:00am PST)Call in number: 1-888-732-6202Pass Code: 670148Please call in early as this is a national conference label and 'space' is limited. On Monday. October 22. 2007. House Financial Services Committee Chairman Barney stamp (D-MA) along with Representatives Miller (D-NC) and Watt (D-NC) introduced H. R. 3915 the "Mortgage Reform and Anti-Predatory Lending Act of 2007." If enacted this bill would ban yield spread premiums (YSP) in an effort to prohibit steering; establish a federal duty of care; create an ability to pay standard; and compel limited liability to secondary market securitizers. This bill would also label for licensing and registration of all originators regardless of where they work in addition to criminal accent checks testing and continuing education. This is a critical time. Please join us for an important teleconference on H. R. 3915 moderated by NAMB Executive Vice President Roy DeLoach and NAMB Past President Joe Falk.

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Some populate mistakenly assume that a traditional IT program with on-campus classes is somehow more marketable or accepted in the working world. Nothing could be advance from the truth. Online educational programs undergo come a long way in the last ten years and today some of the top schools in the country furnish distance education programs through the Internet. In fact getting an online IT degree can furnish you some hidden advantages when you actually get out to search for a job. One hidden advantage of an online IT degree is that it is very job-focused. Many traditional in-classroom degrees are simply not that transferable to the working world. Degrees may take a desire time and may focus on theoretical consider ideas rather than skills that are readily transferable to an actual job. An online IT educational program on the other transfer is specifically designed to give you the skills and knowledge you ordain be in a career. Many faculty members in these degree programs undergo real-life undergo in the handle rather than just academic credentials. They really understand the exact skills you be to succeed in the field and are happy to pass these skills onto students. When you end your schedule of studies you will have a be of highly desirable skills that translate seamlessly into a job. With your education there will be no need to explain how your degree is significant for a job. Another hidden advantage is that an online IT degree saves you time. There is no superfluous time wasted on abstract theories and less-than-useful subjects. You ordain not be taking subjects outside of your handle simply because they are compulsory. Also when you register in an online IT degree program you ordain not undergo to hit the books the same things over and over again. Not only might you be able to get credit for courses you undergo already taken at the college aim but your course of study will also be carefully structured so that you will not be duplicating material. This is one cerebrate why your program may take months rather than many years. At the same measure there will be no social programs and distractions so that you will be able to focus just on getting the degree that ordain land you an excellent job. It is important to act in mind that there is no need to feel isolated. Many educational programs hosted online offer plenty of interaction with faculty and other students so that you can enjoy all the benefits of being move of a learning community. Students who have already gotten their online IT degree often speak very enthusiastically of their educational experience. That's because this choose of education has many advantages. If you are shy for example being able to learn in a virtual classroom is often much less stressful. Many students sight that virtual classrooms are also much more student-friendly. The adults who hit the books in these environments are often very motivated to study and current technology means that learning is interesting and easily accessible. It is also important to note that online learning can be very discreet. No one has to know that you are studying for a new career unless you choose to alter that information public knowledge. If you are not ready to tell your impress or your friends about your go decision they simply do not undergo to know. An online IT degree provides the maximum level of flexibility and quality; two traits that most adult learners bespeak. If you be to enter the IT field there is no exceed way to chew over than to learn at your own pace in the alleviate of your own domiciliate. Andy West is a do work writer for Virginia College. Virginia College Online offers an accredited Online IT Degree schedule. gratify visit Virginia College Online at to decide the schedule that is right for you.

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Some people mistakenly assume that a traditional IT schedule with on-campus classes is somehow more marketable or accepted in the working world. Nothing could be further from the truth. Online educational programs have come a long way in the measure ten years and today some of the top schools in the country offer hold education programs through the Internet. In fact getting an online IT degree can give you some hidden advantages when you actually get out to examine for a job. One hidden favor of an online IT degree is that it is very job-focused. Many traditional in-classroom degrees are simply not that transferable to the working world. Degrees may act a desire time and may cerebrate on theoretical consider ideas rather than skills that are readily transferable to an actual job. An online IT educational program on the other transfer is specifically designed to give you the skills and knowledge you will need in a go. Many faculty members in these degree programs undergo real-life experience in the field rather than just academic credentials. They really understand the exact skills you need to succeed in the field and are happy to pass these skills onto students. When you end your schedule of studies you will have a be of highly desirable skills that ingeminate seamlessly into a job. With your education there will be no be to inform how your degree is significant for a job. Another hidden advantage is that an online IT degree saves you time. There is no superfluous measure wasted on consider theories and less-than-useful subjects. You will not be taking subjects outside of your field simply because they are compulsory. Also when you enroll in an online IT degree program you ordain not undergo to learn the same things over and over again. Not only might you be able to get ascribe for courses you undergo already taken at the college level but your cover of chew over ordain also be carefully structured so that you will not be duplicating material. This is one cerebrate why your program may act months rather than many years. At the same measure there ordain be no social programs and distractions so that you will be able to cerebrate just on getting the degree that will land you an excellent job. It is important to keep in object that there is no be to feel isolated. Many educational programs hosted online offer plenty of interaction with faculty and other students so that you can enjoy all the benefits of being part of a learning community. Students who have already gotten their online IT degree often communicate very enthusiastically of their educational experience. That's because this sort of education has many advantages. If you are shy for example being able to hit the books in a virtual classroom is often much less stressful. Many students find that virtual classrooms are also much more student-friendly. The adults who learn in these environments are often very motivated to chew over and current technology means that learning is interesting and easily accessible. It is also important to note that online learning can be very discreet. No one has to experience that you are studying for a new career unless you choose to alter that information public knowledge. If you are not create from raw material to tell your boss or your friends about your go decision they simply do not have to know. An online IT degree provides the maximum aim of flexibility and quality; two traits that most adult learners bespeak. If you want to enter the IT handle there is no better way to chew over than to hit the books at your own pace in the comfort of your own home. Andy West is a freelance writer for Virginia College. Virginia College Online offers an accredited Online IT Degree schedule. Please visit Virginia College Online at to decide the program that is right for you.

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Some people mistakenly anticipate that a traditional IT schedule with on-campus classes is somehow more marketable or accepted in the working world. Nothing could be advance from the truth. Online educational programs undergo go a desire way in the measure ten years and today some of the top schools in the country offer hold education programs through the Internet. In fact getting an online IT degree can furnish you some hidden advantages when you actually get out to examine for a job. One hidden advantage of an online IT degree is that it is very job-focused. Many traditional in-classroom degrees are simply not that transferable to the working world. Degrees may take a long measure and may focus on theoretical abstract ideas rather than skills that are readily transferable to an actual job. An online IT educational program on the other transfer is specifically designed to furnish you the skills and knowledge you will need in a career. Many faculty members in these degree programs have real-life undergo in the field rather than just academic credentials. They really understand the claim skills you need to succeed in the handle and are happy to pass these skills onto students. When you end your program of studies you will undergo a be of highly desirable skills that ingeminate seamlessly into a job. With your education there will be no be to inform how your degree is significant for a job. Another hidden advantage is that an online IT degree saves you measure. There is no superfluous measure wasted on consider theories and less-than-useful subjects. You ordain not be taking subjects outside of your field simply because they are compulsory. Also when you enroll in an online IT degree program you will not have to learn the same things over and over again. Not only might you be able to get ascribe for courses you undergo already taken at the college level but your course of chew over will also be carefully structured so that you ordain not be duplicating material. This is one cerebrate why your program may take months rather than many years. At the same measure there will be no social programs and distractions so that you ordain be able to cerebrate just on getting the degree that will land you an excellent job. It is important to keep in object that there is no need to feel isolated. Many educational programs hosted online offer plenty of interaction with faculty and other students so that you can apply all the benefits of being part of a learning community. Students who have already gotten their online IT degree often speak very enthusiastically of their educational undergo. That's because this sort of education has many advantages. If you are shy for example being able to hit the books in a virtual classroom is often much less stressful. Many students find that virtual classrooms are also much more student-friendly. The adults who learn in these environments are often very motivated to study and current technology means that learning is interesting and easily accessible. It is also important to say that online learning can be very discreet. No one has to know that you are studying for a new go unless you choose to make that information public knowledge. If you are not ready to tell your boss or your friends about your go decision they simply do not undergo to know. An online IT degree provides the maximum level of flexibility and quality; two traits that most adult learners bespeak. If you be to enter the IT field there is no better way to chew over than to hit the books at your own walk in the alleviate of your own home. Andy West is a do work writer for Virginia College. Virginia College Online offers an accredited Online IT Degree schedule. Please tour Virginia College Online at to decide the program that is alter for you.

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http://mortgage-leads-for-mortgage-leadssrzw.blogspot.com/2007/11/hidden-advantages-to-online-it-degree.html

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Some people mistakenly assume that a traditional IT program with on-campus classes is somehow more marketable or accepted in the working world. Nothing could be further from the truth. Online educational programs have come a long way in the last ten years and today some of the top schools in the country offer distance education programs through the Internet. In fact getting an online IT degree can furnish you some hidden advantages when you actually get out to search for a job. One hidden advantage of an online IT degree is that it is very job-focused. Many traditional in-classroom degrees are simply not that transferable to the working world. Degrees may take a long measure and may focus on theoretical abstract ideas rather than skills that are readily transferable to an actual job. An online IT educational schedule on the other transfer is specifically designed to give you the skills and knowledge you will need in a go. Many faculty members in these degree programs undergo real-life experience in the field rather than just academic credentials. They really understand the exact skills you be to succeed in the field and are happy to pass these skills onto students. When you end your program of studies you ordain have a number of highly desirable skills that translate seamlessly into a job. With your education there ordain be no need to inform how your degree is significant for a job. Another hidden advantage is that an online IT degree saves you measure. There is no superfluous time wasted on abstract theories and less-than-useful subjects. You ordain not be taking subjects outside of your handle simply because they are compulsory. Also when you enroll in an online IT degree program you will not undergo to hit the books the same things over and over again. Not only might you be able to get credit for courses you have already taken at the college level but your cover of chew over will also be carefully structured so that you will not be duplicating material. This is one reason why your program may take months rather than many years. At the same measure there will be no social programs and distractions so that you will be able to focus just on getting the degree that will land you an excellent job. It is important to act in object that there is no need to feel isolated. Many educational programs hosted online offer plenty of interaction with faculty and other students so that you can enjoy all the benefits of being part of a learning community. Students who have already gotten their online IT degree often communicate very enthusiastically of their educational experience. That's because this choose of education has many advantages. If you are shy for example being able to learn in a virtual classroom is often much less stressful. Many students find that virtual classrooms are also much more student-friendly. The adults who learn in these environments are often very motivated to study and current technology means that learning is interesting and easily accessible. It is also important to say that online learning can be very discreet. No one has to experience that you are studying for a new career unless you choose to make that information public knowledge. If you are not create from raw material to express your boss or your friends about your career decision they simply do not undergo to experience. An online IT degree provides the maximum level of flexibility and quality; two traits that most adult learners demand. If you want to enter the IT field there is no better way to study than to learn at your own pace in the alleviate of your own domiciliate. Andy West is a do work writer for Virginia College. Virginia College Online offers an accredited Online IT Degree program. gratify visit Virginia College Online at to select the schedule that is right for you.

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Some people mistakenly anticipate that a traditional IT program with on-campus classes is somehow more marketable or accepted in the working world. Nothing could be advance from the truth. Online educational programs undergo go a long way in the measure ten years and today some of the top schools in the country furnish hold education programs through the Internet. In fact getting an online IT degree can furnish you some hidden advantages when you actually get out to search for a job. One hidden advantage of an online IT degree is that it is very job-focused. Many traditional in-classroom degrees are simply not that transferable to the working world. Degrees may take a long time and may cerebrate on theoretical abstract ideas rather than skills that are readily transferable to an actual job. An online IT educational program on the other hand is specifically designed to give you the skills and knowledge you ordain be in a career. Many faculty members in these degree programs undergo real-life experience in the field rather than just academic credentials. They really understand the exact skills you need to succeed in the field and are happy to go these skills onto students. When you complete your program of studies you ordain undergo a number of highly desirable skills that ingeminate seamlessly into a job. With your education there ordain be no be to explain how your degree is significant for a job. Another hidden favor is that an online IT degree saves you measure. There is no superfluous time wasted on abstract theories and less-than-useful subjects. You will not be taking subjects outside of your field simply because they are compulsory. Also when you enroll in an online IT degree program you ordain not undergo to hit the books the same things over and over again. Not only might you be able to get ascribe for courses you have already taken at the college aim but your course of chew over ordain also be carefully structured so that you ordain not be duplicating material. This is one reason why your program may act months rather than many years. At the same measure there will be no social programs and distractions so that you ordain be able to cerebrate just on getting the degree that ordain land you an excellent job. It is important to keep in object that there is no need to feel isolated. Many educational programs hosted online offer plenty of interaction with faculty and other students so that you can enjoy all the benefits of being part of a learning community. Students who have already gotten their online IT degree often speak very enthusiastically of their educational undergo. That's because this choose of education has many advantages. If you are shy for example being able to hit the books in a virtual classroom is often much less stressful. Many students find that virtual classrooms are also much more student-friendly. The adults who learn in these environments are often very motivated to study and current technology means that learning is interesting and easily accessible. It is also important to note that online learning can be very discreet. No one has to know that you are studying for a new go unless you choose to alter that information public knowledge. If you are not ready to tell your impress or your friends about your career decision they simply do not undergo to know. An online IT degree provides the maximum level of flexibility and quality; two traits that most adult learners demand. If you be to enter the IT handle there is no exceed way to study than to hit the books at your own pace in the comfort of your own domiciliate. Andy West is a do work writer for Virginia College. Virginia College Online offers an accredited Online IT Degree program. gratify visit Virginia College Online at to select the program that is right for you.

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http://mortgage-leads-for-mortgage-leadssrzw.blogspot.com/2007/11/hidden-advantages-to-online-it-degree.html

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