| Author |
Previous Topic | Next Topic |
|
rhelali
187 Posts |
 Posted - 06/13/2008 : 1:02:11 PM
|
Realtors!!!
***Are you asking yourself how to be successful in todays market?
***Are you not able to complete the transaction because your clients cannot obtain financing??
***Do your clients not have enough liquid assets to put down for a down payment?
These are just a couple of things which I can help you with in terms of qualifying your clients for a FHA or Conventional loan. We are one of only six approved brokerages in the City of Tarzana in the San Fernando Valley. We serve All of California, Oregon, Colorado, New Mexico, and Washington.
Average time to close: 10-15 business days (FHA and Conventional)
For FHA Purchases:
•NO Credit Score Requirements
•NO Trade line Requirements
•NO Re-established credit after Bankruptcy OK
•Non-Occupant Co-Borrowers Allowed!!!!
•Up to 97% LTV (3% down)
•ZERO DOWN from borrower by using a FHA approved Down Payment Assist Program (yes they're still out there)
•Not affected by soft market policy
•6% Seller Concessions allowed
•3% Gift Funds allowed
•1-4 units
•Full Doc
For Convnetional Purchases:
•95% LTV Full Doc conforming - no soft market policy
•80% LTV STATED conforming - no soft market policy
•85% LTV Full Doc jumbo - no soft market policy
•60% LTV STATED jumbo - no soft market policy
We are great at what we do.... and fast.
Check us out at www.myfhaexperts.com or www.firstwholesalelending.com
If you are a Broker/Realtor give me a call or email me today and let me help you to complete that transaction!!! |
|
rob24
111 Posts |
Posted - 06/22/2008 : 10:11:26 PM
|
"We are one of only 2 approved brokerages in the City of Tarzana in the San Fernando Valley."
Are you saying you are one of only 2 FHA brokerages in tarzana, ca? Where did you get this statistic from? The company i work with is FHA approved and we are in tarzana as well as many other companies. I apologize if i am misunderstanding what you are trying to say. |
|
|
rhelali
187 Posts |
Posted - 06/23/2008 : 11:33:37 AM
|
| i apologize, i will edit the listing... i ment to say that we are 1 out of EVERY 2... meaning that only about 50% of the brokers in tarzana are fha approved. the HUD website states that there are 6 approved lenders in the city of tarzana |
|
|
hpmfinancial
1443 Posts |
Posted - 07/08/2008 : 11:04:59 AM
|
Richard,
Are you guys retail or wholesale?
|
|
|
rhelali
187 Posts |
Posted - 07/08/2008 : 11:08:36 AM
|
quote:
Originally posted by hpmfinancial
Richard,
Are you guys retail or wholesale?
hpmfinancial,
we are wholesale mortgage brokers and hold a FHA mini-eagle license. let me know if you have any more questions. feel free to email me or post here. |
|
|
hpmfinancial
1443 Posts |
Posted - 07/08/2008 : 2:54:55 PM
|
| There is no such thing as a wholesale mortgage broker. You are mortgage broker who gets wholesale rates, then marks up your rate or fees and offer retail to the client. Why be deceptive about it? I also see you do not have a license, yet your company is setup with the DRE. Why are you being so shady? |
|
|
rhelali
187 Posts |
Posted - 07/08/2008 : 3:18:41 PM
|
quote:
Originally posted by hpmfinancial
There is no such thing as a wholesale mortgage broker. You are mortgage broker who gets wholesale rates, then marks up your rate or fees and offer retail to the client. Why be deceptive about it? I also see you do not have a license, yet your company is setup with the DRE. Why are you being so shady?
well, yes we do work with wholesale banks then of course charge fees to our clients just like everyone else.
my position with this company is director of operations. i do not originate or close loans, our loan officers do that.
and yes it is true i do not have a real estate license, our company has a CFL license which does cover me, however since i do not personally originate or close deals, i have no use for it.
sorry, nothing shady here. |
|
|
hpmfinancial
1443 Posts |
Posted - 07/08/2008 : 7:47:08 PM
|
quote:
Originally posted by rhelali
quote:
Originally posted by hpmfinancial
There is no such thing as a wholesale mortgage broker. You are mortgage broker who gets wholesale rates, then marks up your rate or fees and offer retail to the client. Why be deceptive about it? I also see you do not have a license, yet your company is setup with the DRE. Why are you being so shady?
well, yes we do work with wholesale banks then of course charge fees to our clients just like everyone else.
my position with this company is director of operations. i do not originate or close loans, our loan officers do that.
and yes it is true i do not have a real estate license, our company has a CFL license which does cover me, however since i do not personally originate or close deals, i have no use for it.
sorry, nothing shady here.
Your not wholesale you are retail, claiming to be wholesale when you are not is shady. |
|
|
rhelali
187 Posts |
Posted - 07/09/2008 : 11:19:05 AM
|
quote:
Originally posted by hpmfinancial
quote:
Originally posted by rhelali
quote:
Originally posted by hpmfinancial
There is no such thing as a wholesale mortgage broker. You are mortgage broker who gets wholesale rates, then marks up your rate or fees and offer retail to the client. Why be deceptive about it? I also see you do not have a license, yet your company is setup with the DRE. Why are you being so shady?
well, yes we do work with wholesale banks then of course charge fees to our clients just like everyone else.
my position with this company is director of operations. i do not originate or close loans, our loan officers do that.
and yes it is true i do not have a real estate license, our company has a CFL license which does cover me, however since i do not personally originate or close deals, i have no use for it.
sorry, nothing shady here.
Your not wholesale you are retail, claiming to be wholesale when you are not is shady.
HPFINANCIAL,
I have no intention to misrepresent myself or my company. You are correct, we are retail brokers who work with wholesale lenders.
When you first asked me if we were wholesale or retail I thought you were referring to the lenders we work with, and I responded by saying "we are wholesale brokers". I sincerely apologize for that.
For the record, and for anyone else reading this post:
We are retail mortgage brokers. Our lenders are wholesale.
|
|
|
hpmfinancial
1443 Posts |
Posted - 07/15/2008 : 4:46:51 PM
|
quote:
Originally posted by rhelali
quote:
Originally posted by hpmfinancial
quote:
Originally posted by rhelali
quote:
Originally posted by hpmfinancial
There is no such thing as a wholesale mortgage broker. You are mortgage broker who gets wholesale rates, then marks up your rate or fees and offer retail to the client. Why be deceptive about it? I also see you do not have a license, yet your company is setup with the DRE. Why are you being so shady?
well, yes we do work with wholesale banks then of course charge fees to our clients just like everyone else.
my position with this company is director of operations. i do not originate or close loans, our loan officers do that.
and yes it is true i do not have a real estate license, our company has a CFL license which does cover me, however since i do not personally originate or close deals, i have no use for it.
sorry, nothing shady here.
Your not wholesale you are retail, claiming to be wholesale when you are not is shady.
HPFINANCIAL,
I have no intention to misrepresent myself or my company. You are correct, we are retail brokers who work with wholesale lenders.
When you first asked me if we were wholesale or retail I thought you were referring to the lenders we work with, and I responded by saying "we are wholesale brokers". I sincerely apologize for that.
For the record, and for anyone else reading this post:
We are retail mortgage brokers. Our lenders are wholesale.
Thank you for clarifying that. |
|
|
rhelali
187 Posts |
Posted - 07/15/2008 : 4:52:53 PM
|
| my pleasure |
|
|
jamiesmith80
525 Posts |
Posted - 08/04/2008 : 12:53:00 PM
|
Richard,
Just curious..but you are aware that this is a mortgage broker site right? So probably not the most efficient place to advertise to realtors....just a little fyi! |
|
|
rhelali
187 Posts |
Posted - 08/04/2008 : 12:57:06 PM
|
jamiesmith80,
Yes I am aware of that. Majority of BO members are mortgage brokers, however there are many realtors here as well. I have gotten loan requests from several realtors here. We do have postings and ads with several other websites as well.
|
|
|
jamiesmith80
525 Posts |
Posted - 08/04/2008 : 12:58:48 PM
|
| Ok, good...just wanted to make sure you were aware..didn't want you spinning your wheels! |
|
|
rhelali
187 Posts |
Posted - 08/04/2008 : 12:59:48 PM
|
quote:
Originally posted by jamiesmith80
Ok, good...just wanted to make sure you were aware..didn't want you spinning your wheels!
no worries, but thank you. |
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
