I publish these informational e-blasts and host my agent friendly web site with the intention of earning your loan business.
My business model is old school. It's working hand-in-hand with agents to close transactions & make you look good.
Do you have a borrower shopping for a loan (refi or purchase)?
I’ll meet your client personally, shake their hand, look them in the eye & ask for their business. I’ll provide you & the borrower with:
1)"DU" loan approval with a max. purchase price in just 24 hours.
2) A “real time” Interest Rate Quote (On line or over the phone).
3) A complete Good Faith Estimate of Closing Costs.
4) Free Short Sale Leads…As a listing agent or buyers broker, if you know who’s motivated to sell their home ....it’s just a matter of getting there first with the best presentation. I can provide "real time" data reports, in Excel for all counties.
5) Condo Approval Assistance…Do you have listings/buyers seeking to sell/purchase in an in-eligible condo project. Let’s discuss how to work together to earn a commission and get that project approved.
6) Open House Flyers (Excel Spreadsheet). With just 5 clicks of your mouse you can customize, calculate & download different purchase prices, downpayments & monthly payment figures.
Loan Programs
Move Up Buyers Financing: No Equity Req in Current Residence.. Loans up to $729,750 Min. Fico Score 680 20% Down
S.E. Borrowers.. No Income Averaging…FHA (3.5% down) and Conventional Loans …Our investor uses only the most recent year’s (net) income from your borrower’s tax return to qualify. If your borrower had high start up costs in 2009….but a hefty profit in 2010…that’s what your borrower will be able to qualify with.
High Debt Ratio FHA Loans…… New investors are aggressively entering the marketplace & competing for a bigger a share of the market. These new investors are approving loans up to 55% DTI.
Flipped Property Financing… “Fix & Flip & Refi / Cash Out” your property up to double its purchase price in 180 days…. Financing is available for up to 10 properties.
“Stated Income “Lite” 20% Down ....No Tax Returns,W-2s or Paystubs Required! Available to salaried/ hourly wage earners only.
1/2% Down Financing Mediocre Credit "OK" (660 Fico score).
203K REHAB Loans up to $35k for home improvement …. see my 9 minute audio power point webinar for specific information.
Information & Tools
Free Forms….. Leases, grants, quit claim deeds, POA.
Fannie /Freddie change U/W criteria for Calculating Rental Income derived from Leased Properties… If you are working with investors who derive income from rental properties to qualify for future investment purchases…the new criteria will affect all of your clients dramatically.
Homeowners Due Refunds from Lenders… Many homeowners are due thousands of dollars in refunds because of new HUD guidelines that prevent lenders from "over withholding" funds in a borrower’s "impound account." Here’s how to get that money refunded
IRS Help Hotline…Don't let your short sale get bogged down because a seller can't find their returns. Get past years returns faxed in just minutes directly from the IRS.
Strategies for Getting a Successful Loan Mod--Banks have tactics to discourage borrowers….here's how to defeat those tactics.
Webinars
Raising Credit Scores--a 19 minute audio visual presentation on how to boost credit scores in just 45 days.
Attracting Buyers to Your Website--a 15 minute audio power point presentation specifically tailored for Real Estate Agents & Brokers that will double web traffic to your site in 30 days.
203K REHAB Loans up to $35k for home improvement …. see my 9 minute audio power point webinar for specific information.
Reverse Mortgages….A 10 minute Q & A that will explain in detail the specifics of reverse mortgages.
Call me!!! I’d like the opportunity to earn your business!
Daniel Dobbs
Sr. Mortgage Loan Officer
American Commerce Mortgage
4676 Lakeview Ave #212
Yorba Linda, Ca 92886
(just 1 block from the Nixon Library)
Cell: 949 250-3981 Fax (714) 970-9777
Dandobbs6@gmail.com
DRE # 00986886 …..NMLS# 307631