Visio Lending’s Post

What if you didn't have to split commissions with your brokerage or pay monthly fees or office fees or tech fees or franchise fees or any junk fees, at all? What if you had the industry standard in technology, systems, tools, support and training at no extra cost? What if your brokerage collected a transaction fee of only $495 and deposited the rest of your commission in your own bank account? What if the transaction fee capped each year at only $9,900? There are no "what ifs" for Platinum Realty agents. We go 100% with you because you do 100% of the work.

Closed #multifamily Deal - 80% LTV - 6.13% - 10 year term / 25 year amortization - Wisconsin property & borrower Borrower was MEGA organized. Knew every detail about his building and financials. Exponentially easier to work with clients like this. It’s why they get the best deals.

If this becomes the case, Buyers need to be prepared! You’ll have more competition so being through the underwriting process with a reputable lender is a game changer! Save that cash! We could see appraisal gap waivers again. Whether you Buy Now or Buy Later- being a well prepared Buyer is crucial. Reach out to me here if you need more insight. #yourbuyeragent

Lenders, this is why you shouldn’t downsize or deskill your BDM teams: I was able to run a case by Isha Thomson at Skipton Building Society for Intermediaries before Christmas, confirm all of the packaging for the clients, who were able to track everything down during the holidays. Not the top-sourcing deal on cost, but the circumstances meant Skipton is the best home for the case. Sent everything in today just before 2:00 PM, along with a copy of my and Isha’s correspondence, and it went to offer by 3:30 PM. Confidence in the process for the client, better packaged case for the underwriter, and ultimately better business for the lender. Why would you cut an essential part out of that process?!?

Every AE in the world can just post a flyer to their Linkedin page and advertise some product, but I usually try to take it one step further. How often is it that can you go and submit a loan and the typical lock term is 45 days at a 30-day cost? How often can you submit a loan and get 1 on 1 help from an expert team member whenever you need it? How often is it that the entire portal system is catered to the Brokers and LO's so that you're in control of everything? How often can you go to a lender whose 𝘱𝘳𝘪𝘮𝘢𝘳𝘺 focus is making the closing process as easy and painless as possible for you? Well, I can't speak for other places, but here at AHL, it's every day.

To all my realtor friends, here’s a quick cheat sheet on seller concessions allowed for common loan programs. If there’s additional information I can share that might be helpful, please let me know. 

I've been working tirelessly with a client and a broker to try and get them out of a bridge deal and the outgoing lender, who has been charging default interest for 6+ months has asked my client's broker to waive their fees for the new bridge so that the redemption figure can be agreed (there is quite a considerable shortfall due to default interest)*. I appreciate that the lender 'may' be entitled to charge default interest but I thought asking the broker to waive their hard earned and well deserved fees is a bit cheeky. I know how intrinsic brokers are to deals and I thought lender's valued their work....maybe not in this case. I'm not going to name and shame but what are your thoughts? * the broker did not place the original bridge.

Pinnacle will provide you with one of the easiest, most secure ways for you to complete an application online. It's all part of a loan experience that's faster, easier and cheaper. Call today! - 15 Minute Approvals!! - 10 Day Closings!! #LowerRates #BetterService #FasterClosings

Pinnacle will provide you with one of the easiest, most secure ways for you to complete an application online. It's all part of a loan experience that's faster, easier and cheaper. Call today! - 15 Minute Approvals!! - 10 Day Closings!! #LowerRates #BetterService #FasterClosings

Distressed real property seems to be on everyone's mind in 2024, with significant headwinds in the commercial arena. If you'd like an overview of lender's remedies for dealing with defaults on loans secured by commercial real property in California, check out the latest in Hopkins & Carley's #REalBrief presentations that my colleague, Marie K. Gribble, and I recently put on that is linked below. #realestatelaw, #securedloans, #realestate