Loan Officer Dustin
Loan OfficerForum Replies Created
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Manufactured homes are a great value and can be an excellent opportunity for first-time homebuyers. As a Mortgage Advisor/Loan Officer who has originated my fair share of manufactured homes, borrowers need to have an LO who knows how these transactions work. There is a lot more involved with a manufactured loan than most realize.
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As an experienced mortgage advisor/loan officer, being prepared and knowing what lenders want to see from a borrower, and then applying that information to your personal financial snapshot, is by far the most effective way to win in the real estate and mortgage game. a solid credit profile is the foundation of a home-buying success story.
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There is a lot of solid information in this thread. Any consumer who wants to get a firm grasp on their credit scores can use these steps to build credit. Remember… credit building and utilization is always a work in progress.
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Congrats Amanda! I am licensed in TN as an MLO. Keep me in the loop on what you are doing in TN.
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I feel equipment financing goes hand-in-hand with commercial hard money loans. it is a supplement that every builder will be interested in.
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Hector, that is a great question. I think L.O. to agent referral networks are important and will survive this ruling. The issue I see is how the real estate agencies themselves restructure to stay highly profitable. My opinion is real estate agents are a necessary part of the home-buying process. I think commissions may be drastically reduced for agents.
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No, I sold the STI in 2010.
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I love this idea. It is something I am very interested in. Once I get traction with the Accounts Receivable & picking up commercial loans from banks & CUs, I am going to dive into this area.
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We should always be looking to the future here at GCA. I love this option and am pushing hard to make this a reality for myself.