Lock in those deals EARLY – Long time no talk

I’m back to blogging after some much needed travel, catching up on personal appointments, and finalizing some other business projects.  If you’re interested, check out my new venture at www.CypressParkBoxingClub.com

Today I want to talk about the importance of locking in the terms and conditions of a purchase transaction much sooner then the industry is accustomed to. Continue reading »

Working on my skills as a loan originator

One of the challenges I face is the perception  that I occasionally have below average follow-up skills as a loan originator.  Missed phone calls from clients, and the occasional delay in returning those calls frustrate some of my clients and referral sources.  I understand how this can be frustrating.

Fortunately, for my clients, this is a just a perception and not a reality. Continue reading »

Co-signers

In today’s market, many clients simply do not show enough income or assets to qualify for a home loan by themselves.

One way to still be able to purchase a home or refinance your existing mortgage is to find a co-signer. Continue reading »

Rate Locks

I receive a lot of questions regarding the timing of rate locks.  Various banks and lending institutions handle rate locks differently, here is my method… Continue reading »

Basic Income Verification

Although many of our clients here in Los Angeles are small business owners, work in the entertainment industry, or have other forms of non-traditional employment; several of my clients still have ‘traditional’ employment, rental income, or retirement income.

Now that 99% of loans are being underwritten as full documentation or ‘verified’ loans, here is a list of the minimum information you will need to provide to your lender to prove your income. Continue reading »