Blog of the Mortgage

Partnering with Me in 2009

February 10th, 2009 10:21 PM

2009 is all about picking your Lending Partners.
2008 was all about figuring out who was left after the wreckage of 2007.
2008 was the year where many (wholesalers) did their very best to stay in but just couldn't make it for any number of reasons.
Relationships built over years and years were decimated with loan officers and lenders looking around to find who was left.

The options in Northern California have diminished too, I kid you not: some 20 options (consistent ones in any case)
in some cases the options are even fewer than that.

2009 brings continued uncertainty for the entire Economy as a whole (now we can start to have pity parties with our friends in Tech and Finance and marketing and advertising and and..). At least we're not alone anymore, right?? Right??

Back to Partnering:

Many of you have partnered with me over the last year and I have helped you through quite a few thick and thin situations.
Don't take it from me though:
Read My References here:
We've taken denials and turned them into approvals, turned around some last minute fall-out loans that others couldn't fund and you and I did.

Having Lending Partners, AE's and Companies you can count on in unstable times is THE MOST Important feature you could ask for today.

Think about your conversations with your Realtor, Affinity Partners and borrowers.
What does uncertainty do to your Sales conversation?
Let me get back to you?
or:
I KNOW I CAN GET THIS DEAL DONE THIS WAY.
It's that simple.

Those of you that have chosen to partner with myself and my team know that we provide unparalleled service.
Training: Your TEAM
Many of you have attended my FHA Trainings (I successfully trained over 400 loan officers on processing/Origination of FHA last year!)

Or my VA Trainings (a more modest 100 people have been through this :)).

Training: YOUR Partners
I also presented on many of my partner's behalf in front of Realtors on FHA, together we've generated loads of future business for each other.
It's a great start.
Question: Have you partnered with an AE & Lender like this for 2009?

Recently I put together a training/refresher on Streamline Refinances that my partner offices benefited from. When the government drops rates down to whatever they're trying to do my Partners will have the tools and information in front of them to grab market share in 2009.

Question: Have you partnered with an AE & Lender like this for 2009?

I'm just asking.. If not and you're interested YOU NEED TO call me so that we can work on getting your business positioned properly for 2009. Let me fill in the blanks for your Team and let's get 2009 really Rockin!

Alright.. enough about me (this will likely be one of the only times---maybe) that I talk about myself.

Now, how about gaining a Partner that MAKES CHANGES to address their market?
My company is one of the largest and fastest growing Mortgage Banking firms in the Country. We're preliminarily ranked #11 nationwide for wholesale and moving up.
Read the article above and let me know if you feel our Philosophies are a match.

in 2008 we experienced tremendous growth and our California Branch was a large part of that. For those of your that closed business with us in 2008, THANK YOU!
More importantly we listened and made some changes that you're going to LOVE.

IMPOUND ADJUSTER GONE:
WE'VE REMOVED THE IMPOUND ADJUSTER for Conventional loans in California! Now, if you take IMPOUNDS you will HAVE IMPROVED PRICING IMMEDIATELY.

Renegotiation Policy:
My Company is constantly assessing the market and making changes that are both Prudent and Intelligent.
in 2008 we CHANGED our rate lock renegotiation policy for the BETTER:
· First renegotiation's base price is calculated by taking the current 30 day price plus .500.

Many, if not all, of these points add up to significant advantages.
In the face of Market Capacity issues, lenders saddled with "skeletons" from years past and some of the reason warehouse line scares locally in northern California where at least 2 outfits nearly lost funding capacity consider My Company as a partner.

I look forward to the opportunity if we're not yet working together.

I'm looking forward to helping you close more loans in 2009! Have a great weekend.

You'll need the following links to download these forms:

Education Station
Government Loan Programs

Posted by Raoul Badde on February 10th, 2009 10:21 PMPost a Comment (0)