The average lender spends over 70 days producing a loan. Did you know cutting that timeline can dramatically boost your bottom line? In this article, industry experts from STRATMOR Group, Legacy Mutual Mortgage and Snapdocs explore the direct link between loan production speed and lender profitability. Read the full article to learn more >>> https://hubs.ly/Q02KPZxR0 #MortgageTrends #digitization #mortgagelending #eClose
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Enterprise Sales & Sales Operations at TRUE, The Fastest and Most Accurate Lending Intelligence Software Powered by AI & ML | framstedt@true.ai | 718-947-5958
Accuracy >> Velocity >> Reduced Touches & Time >> Increased Loan Quality >> Profitability
The average lender spends over 70 days producing a loan. Did you know cutting that timeline can dramatically boost your bottom line? In this article, industry experts from STRATMOR Group, Legacy Mutual Mortgage and Snapdocs explore the direct link between loan production speed and lender profitability. Read the full article to learn more >>> https://hubs.ly/Q02KPZxR0 #MortgageTrends #digitization #mortgagelending #eClose
Why Loan Production Speed is Essential to Profitability
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Question- What the heck is a HELOC? Answer- Home Equity Line Of Credit. Think of it as a line of credit for your home’s equity. You can pull money out, pay it back, pull it out again etc. This usually is associated with a 10 year draw period, meaning you can pull out as many times as you want or need. Then, it turns into a fully amortized loan, like your mortgage. HELOCs typically have a lower interest rate than other forms of credit, such as credit cards or personal loans, making them an attractive option for those looking to borrow money at a lower cost! Take the first step towards a better mortgage experience today. Reach out today and let me help you pave the way to financial success! #Natlendsindy #parkermortgageteam #naf #funding317
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Learn about the transformative role of technology in mortgage lending, tackling historical redlining head-on. Together with the National Association of Minority Mortgage Bankers of America (NAMMBA), our webinar on April 24th will explore how technology can serve as a more equitable and just solution. Register today: https://hubs.ly/Q02r3fb40! #Webinar #HistoricalRedlining #MortgageLending
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Realtors, do you have clients who locked in at higher rates? Want to stand out from the competition? Connect them with Adam Chappie to explore options for lowering their payments today. It's a great way to add value and build long-term relationships with your clients!
Senior Loan Originator at Impact Loans | Expert in Tailored Mortgage Solutions | Committed to a Transparent & Personalized Loan Process
🚨 Unlock Unbeatable Savings with UWM’s Refi75! 🚨 Homeowners, are you ready to take advantage of some SERIOUS savings? With the Refi75 program from United Wholesale Mortgage (UWM), you can lock in low rates and reduce your monthly payments, even if your current rate isn’t that high! 💥 Key Highlights: ✅ Competitive interest rates ✅ Lower monthly payments ✅ Quick and easy process This is a game-changer for anyone thinking about refinancing! 🔥 At Impact Loans, we are here to guide you through this opportunity and ensure you get the most out of your refi. Let’s talk about how Refi75 can make a huge difference for you! 💬 Reach out today to learn more or drop a comment if you have any questions. Let’s do this! 🚀 #Refi75 #MortgageRates #Refinance #UWM #ImpactLoans Big thanks to the amazing team at UWM for making this possible! Danny Marogy Drew Isho
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“Not my problem.” - Now, wouldn’t that be a nice thing for you and your customers to say about the stress test? Well, guess what? *You can.* NPX is like no other alternative lender you’ve encountered, and we are happy to prove it. Please click on the article below to find out more about us!
Explore an engaging article in Mortgage Logic News focusing on NPX, our cutting-edge alternative lending solution. Our Associate Director, John Kerr, discusses our standout products, including Xtend, designed to enhance borrowers' borrowing potential. This product has been flying off the "shelves" since the start of 2024! https://lnkd.in/gCUYbq84
NPX Defies Conventional Underwriting
mortgagelogic.news
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Attention #creditunions: Last month, we closed over $14M for an 800M asset credit union with less than 75K members. Why make mortgage origination more complicated than it needs to be? Generating mortgage business is easy, and we continue to prove it here at Mortgage Center. Why? Because we do things differently, and generating loans is what we do best! We met with the credit union, discussed goals, created a strategic plan, and executed it! Credit unions have the biggest opportunity in the current and upcoming cycle. However, the majority aren’t ready because they are unwilling to change and are still trying strategies from over ten years ago. If you didn’t maximize your potential in the past, you certainly will not maximize it now if you don't have a plan. If you are serious about maximizing your mortgage production and ready to work with a company that requires you and provides you with the services to reach your goals, please message me. Our mission is to help grow the credit union community! #mortgage #challengethestatusquo #CUSO
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Upcoming changes to #TCPA will stop low-quality lead aggregators from peddling the same leads and annoying consumers. This is actually good news for #lenders! Instead of paying top dollar to be hung up on by angry home shoppers, now you can spend your time connecting with people who are qualified for financing and want your help. Learn more about FFX® → https://bit.ly/3TyL5yZ #mortgage
Industry Leading Mortgage Lending Technology - Fund Faster!
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🏡✨ Navigating the world of credit scores can feel like a maze! 🌟 Wondering about the accuracy of Credit Karma scores versus what lenders see? 🤔 Let's clear up the confusion! Credit Karma gives you a snapshot using the VantageScore 3.0 model, but most mortgage lenders are looking at your FICO score. 💡 While not identical, it's a great tool for keeping an eye on your credit health's pulse. Want the full scoop and more tips on staying financially fit? Hit that follow button and step into a brighter financial future with me! 💼💪 https://lnkd.in/gfCxt2jY #CreditScoreDemystified #FinancialFitness #MortgageInsights #videocatalyst
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🏡✨ Navigating the world of credit scores can feel like a maze! 🌟 Wondering about the accuracy of Credit Karma scores versus what lenders see? 🤔 Let's clear up the confusion! Credit Karma gives you a snapshot using the VantageScore 3.0 model, but most mortgage lenders are looking at your FICO score. 💡 While not identical, it's a great tool for keeping an eye on your credit health's pulse. Want the full scoop and more tips on staying financially fit? Hit that follow button and step into a brighter financial future with me! 💼💪 https://lnkd.in/gfCxt2jY #CreditScoreDemystified #FinancialFitness #MortgageInsights #videocatalyst
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Experienced Mortgage Broker in Nanaimo, BC | Helping You Secure Your Dream Home Since 2010 | Proud Family Man and Musician | Engaged in Community Growth 🏡 #NanaimoMortgages
Unlocking Better Rates: How New Lending Rules Boost Competition Discover how recent changes in lending rules create more competition for mortgage renewals, offering opportunities to secure better rates. We share insights on navigating renewals and maximizing your options to save money. Full Video: https://lnkd.in/eKbFZwdq #LendingCompetition #MortgageRenewals #FinancialTips #BetterRates #HomeLoans #SaveMoney #RealEstate #FinancialLiteracy #SmartBorrowing #LendingRules
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