All About Qualified Mortgage
Every day I get to help people achieve the American homeownership dream. Clients come into my office unsure of how they can afford a mortgage or worried about spiraling credit card debt. 98 times out of 100, when clients leave my office, I’ve found them a product that works for them and their situation. Most of the time, we’ve arranged to pay off credit card bills and improved their credit score along the way.
People leave my office with a smile on their face because for often the first time in their lives, they’re feeling confident about their financial future. What’s not to love about that?
- Philosophy: Client For Life
- The National Mortgage Expert
- Your Home – Your Future: America’s #1 Mortgage Radio Show
- Free Financial Analysis
- NARLO Board Member
- Getting A Loan That Works For You
Philosophy: Client For Life
My Client For Life program represents a shift in thinking from the usual in-and-out broker approach. Most brokers are generally just looking for one transaction per person and then after that, they don’t really care if you’re successful or struggling. I designed this program to make sure that clients are able to stay on track financially throughout their lifetime, not just when they are closing a mortgage.
People looking just to make a single transaction can do so easily by calling a phone number or going online to close their loan. Fair enough, if that’s what you want to do. The problems begin when they have questions, need some advice or run into a situation they didn’t plan for. Who are they going to get help from? Certainly not from a number they found on a poster or the guy from the Internet.
What I have found over the years is that building a relationship benefits everyone involved. My client goes away happy knowing they can come back at anytime with a question or a problem, confident that I will work on a solution for them. In return, I get referrals from satisfied clients. This is by far the most efficient way to advertise and only works when you have genuinely provided a quality service.
Clients who are involved in the Client for Life program receive monthly newsletters with insider financial information they would be hard pressed to find anywhere else. They are also able to tune into my teleclasses and receive updates via email about issues that are important to them.
I’m quite proud of this program because everybody wins when people are given the right tools to make sound financial decisions.
Cynical readers may think this National Mortgage Expert is something I just made up for marketing purposes. To them I say, of course, I am not the only person in all of America that could be considered a National Mortgage Expert but I am one of the few brokers in the country who brings first-hand knowledge from the accounting, processing, managing, underwriting and brokering fields. I’ve worked with clients all over America during the past ten years, from Florida all the way to California as well as NY/NJ. I’ve committed myself to keeping up on market changes, educating myself on new products that are available and doing whatever I need to so that my clients are presented with up-to-date options. Many people automatically think that a 30-year FRM may be the best loan for them. While this is a common solution, the reality is that there are many different types of loans out there, as well as products. The programs that we have available, for example, range from a 10-year fixed or a 5-year fixed to a 30- to a 40-year fixed or a 50-year fixed as well as products tailored to deal with stated income, documented income and no documentation. Another thing I make sure I always do with my clients is to ask them how long they are planning to stay in their house. Based on their answer, I offer them products that are appropriate, not just whatever is convenient or will generate the largest fee.
The National Mortgage Expert
One day earlier this year, I decided that free reports on the website wasn’t enough. With so many families facing foreclosure due to the mortgage market collapse, it became more and more important to me to get quality information out there. After thinking about it for a while, I decided that a radio show was the best way to do it and now, I am the host of “Your Home, Your Future,” America’s No.1 Mortgage Talk Show. Every Thursday at 2pm EST on WVNJ 1160AM you can hear me talk about the issues that matter to homeowners. I take questions from audience members and incorporate listener suggestions to make sure I’m covering what you want to know about. Past shows topics have included: I’ve got a lot more great shows lined up for broadcast so be sure to tune in this week for the next installment. If you don’t get WVNJ, you can listen online in real time. Tune in next week and see why we’re America’s #1 Mortgage Talk Show.
America’s #1 Mortgage Talk Show
I offer all potential clients a free, no-obligation one-hour financial analysis so we can go through their situation and I can find a solution that is right for them. Sure, this costs me a lot of time, but I wouldn’t do it any other way. I just don’t feel comfortable giving someone a quote on interest rates or monthly payments until I know their full history. The best part is, during this hour, I’m able to give people the knowledge they need to make the decision that works the best for them, even if they decide not to get a mortgage from me in the end. It’s still worth it. If the mortgage market collapse has taught us anything, it’s that we all lose when people are talked into situations that are not good for them in the long run.
Free Financial Analysis
This affiliation is something I take quite seriously. So seriously, in fact, that I’m a member of the board! The National Association of Responsible Loan Officers was founded by people in the industry as a way to help consumers determine if their broker would behave ethically. It is not run by a bank or government organization, just members of the industry who care about what happens to consumers. Every members must honor the following requirements: A full version of this code of ethics is available at
NARLO Affiliation
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Getting You A Loan That Works For You Today AND Tomorrow
Lots of people claim to be able to quickly boost your credit. Some can help and others are just preying on your worries and stringing you along for the commission. One of my strategies is to put a client in a position where they can get the very best loan they qualify for. If they have the time available, the first thing I do for my clients is come up with a plan to boost their credit score as high as possible.
Here’s an example. I had a client come in with a credit score of 517. That’s not so good. Another factor was that he was self-employed and therefore not able to fully prove his income. He was just coming out of an unaffordable ARM and needed his payments to be as low as possible.
I sat down with him, went over all the items on the credit report and was able to analyze it to the point where I could propose a game plan. I listed which items should be paid down, which are the items we needed to pay off, and which items we needed to dispute. If the client chose to follow my step-by-step instructions, he would save approximately $700 a month on his new loan.
He followed the plan to the letter and within 30 days his credit score was up to 622. Who would have believed that someone with a 517 score could raise it to 622 in a span of 30 days? No one. But it did because the client followed the plan.
As a result of this credit boost, he was able to get a 30- year fixed loan, which means he never has to worry about his payment going up or having to pay refinancing fees. As part of the process we paid off his credit cards as well, which meant his total savings per month were $692.02. That works out to $8304.24 per year or $249,127.20 over the life of the loan….enough to buy the house over again!
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If you think we might be able to work well together get in touch and we’ll make an appointment for your free financial analysis.
It would be my pleasure to help you get on the road to a bright financial future.
