My good friends and brothers are thinking about joining NEXA Mortgage, which changed the name to NEXA Lending. Now I am hearing and it is all over the internet that CEO Mike Kortas is aggressively acquiring Shell Companies? What does this mean, how does it impact the current loan officers and branch managers at Nexa Mortgage, what are the benefits and what are the negatives. Can you please help me fully understand what acquisition of shell companies mean? There is a lot of talk that Kortas is veering towards doing retail and fade off doing a lot of wholesale, including separating from United Wholesale Mortgage ( NEXA Lending’s largest wholesale lending partner). The NEXA CEO says he is NOT doing retail but there are rumors where he brought on a new management staff including a Chief Growth Officer, Chief Financial Officer, Chief Operating Officer, and promoted his secretary to Chief Adminstrative Officer. And also, recently, AXEN REALTY was created and launched. Rumor has it that Kortas was acquiring Shell Company from an affiliate of Movement Mortgage, with plans to pursue agency seller-servicer approvals. That apparently sparked other rumors: That he was starting up a “true IMB.” That he was going to go retail. That he had cooked up a co-issue servicing play w/ CrossCountry Mortgage. And that he was even selling NEXA. Kortas did create JVs” beside his existing entities, NEXA & AXEN. Kortas said he is buying other LLC shells as well, but he’s not going into retail. Can you please cover a comprehensive overview about Kortas’ plans, including the mysterious servicing angle?

https://gustancho.com/careers/

• This discussion was modified 3 weeks, 5 days ago by  Sapna Sharma.

gustancho.com

Mortgage Branch Manager Opportunity Careers

Mortgage Branch Manager Opportunity Careers for goal oriented licensed loan officers. Start as an independent loan officer on your own P and L

Mortgage brokers in Chicago’s suburbs dominate hyper-local visibility and build solid networks with agents, CPAs, and attorneys, supplemented with consistent online educational content. With your current footprint and content proficiency, the combination of “local authority plus agent partnerships and Google visibility” will be the quickest way to create an impact. digitalmarketerschicago

Control your online presence in your area.

• Add and regularly update your Google Business Profile with photos of your office and staff, customer reviews, responses to FAQs, and updates on local activities (such as IHDA and county DPA programs). himaxwell
• Create blogs and landing pages for specific locations. When prospective customers search the internet for “Schaumburg FHA lender,” “first-time home buyer programs in DuPage County,” or “no overlays mortgage broker near me,” your pages will be relevant. digitalstrike

Strengthen pipelines for Realtor referrals.

• Responded to local agent requests for workshops and did financing one-sheets they can give out, and co-branded follow-up email templates with them. setshape
• Each LO has to have a plan for partnering with each referral source that includes monthly coffees, “value adds” (market updates and loan updates), and a recap call after a shared deal. ijungo

Localized social media

• Create and share real scenarios in short videos and reels, “How we closed a condo in Schaumburg with only 3% Down,” “Kane vs Cook County tax impact on DTI,” and do it regularly.

apmortgage

• When building a local authority, it helps to mix business with pleasure. Community event sponsorships, team member introductions, office selfies, and even shout-out posts to local restaurants create visibility and familiarity that a lender corporation just doesn’t have. apmortgage

Direct Response and Database Marketing

• Set up a simple capture/approval funnel and run some geographically restricted Google and Facebook ads with the keywords “mortgage broker near Schaumburg” to people who visited your site. mobilecopywriter
• Use your database of previous clients and prospects. Send monthly emails with local success stories, market updates, and rates, and a mini-lesson titled “what changed in lending this month.” postcardmania

Offline, Hyper-Local Authority Plays

• Offer an in-person workshop titled “Buying your First Home in the Northwest Suburbs” at a local library, park district, or village hall, and pair it with “From Renter to Homeowner in 12 Months.” postcardmania
• In your suburb, develop a professional network with CPAs, financial planners, estate realty attorneys, and insurance agents. Offer to evaluate some financing options for their clients at no cost as an additional service, and build rapport that way. kaleidico

We can create a marketing calendar tailored to you for the next 90 days, with specific actions for topic domination and partnerships, if you tell us the 2-3 suburbs you want to focus on (Schaumburg, Hoffman Estates, Elk Grove, etc.).

digitalmarketerschicago.com

Real Estate

Grow Your Agency through Digital Marketing For Real Estate Brokers To Increase SEO With Digital Marketers Chicago. Call Us Today.

Some of my co-workers and I have been talking about how truck prices have gone through the roof. There are many trucks that near six figures. Don’t take me wrong, it looks greats with many luxury options. However, one thing I do not understand and never will is how trucks and other types of vehicles depreciate in value from the minute you leave the dealership parking lot. One vehicle that has drawn interest for many years is the Jeep Wrangler. I recently discovered it was not just me that is fond of Jeep Wranglers, but many of my co-workers also. There are so many different types of trim levels on Jeep Wranglers. I often ask my co-workers and third-party sub-contractors at work and it seems I am getting different conflicting answers. Even colleagues and friends who own Jeep Wranglers do not seem to know the true answer and are talking out of their asses. For example, I asked a co-worker and friend of mine, Dimitri, where his wife owns and Jeep Wrangler Sport. I asked Dimitri if he can tell me the various types of Jeeps from the lowest trim level to the higher trim level because my wife and I are considering purchasing a Jeep Wrangler for our next vehicle. He tells me that the Jeep Wrangler Sport is the top of the line Wrangler. I do not know whether he is correct or not but my questions are the following:

1. I have been told that Jeep Wranglers often do not plummet in value compared to other trucks.

2. Jeep Wranglers can be great in value and even can be a great investment if you purchase the right one with the right option.

3. I subscribe to Coffee Walk, where the host Mr. Collins, is a Jeep expert and said some Jeeps, like the Jeep CJs from the 80s are great investments and prices continue to surge.

4. Can you please cover and explain the various Jeep Trim Levels such as the Jeep Rubicon, the Jeep Sahara, The Jeep Limited, The Jeep Unlimited, The Jeep 392, The Jeep Sport, The Jeep Diesel, the 4, 6, and 8 cylinder Jeeps, and all the other Jeep models and where each is different from the other as well as their rankings? For example, many auto manufacturers has the various trim levels on SUVs such as Platinum, Limited, and XLT. For example, the Dodge Durango has all these different trim levels like the Trackhawk, Hellcat, the SXT, the SRT, and many others where it is so confusing I am still lost. If anyone would be kind enough to explain the various different types of trim levels of the Jeep, what you would recommend, what has the best bang for the buck, why there is such a huge price range from $4,000 to over $100,000 brand new, the potential the Jeep owner has in customizing their Jeep Wranger from new rims and tires, to fender flares, to lift kits, body moldings, and the endless after market accessories and parts. Thank you in advance and will be awaiting your answers. Thank you, again.

https://www.youtube.com/watch?v=RfF0k2qkhmw

Is Using Text-to-Video AI Good for SEO? What AI tool is best for SEO and ranking your website’s domain authority higher? Which AI is best for technical SEO optimization? Does AI work for SEO and rank higher on search engines? How about text-to-video AI? Is it good for SEO? What is the best way to get do-follow backlinks to increase your SEO, domain authority, and page authority?

A classic song. It’s a heart ache 💔 😪 🤧

https://youtube.com/shorts/zVVsGy47N74?si=QrcVVbViu8EosEeL

What are the rules and regulations when it comes to having a NMLS mortgage office inside a Real Estate Office.

How can you become a Chicago police officer? What requirements does the city of Chicago require? I remember a while back, the Chicago police department did not require a polygraph exam. Now, they do. What type of questions do they ask on the polygraph exam? What does the written exam consist of? What are the minimum and maximum age requirements? What are the height requirements? Can you have a DUI and still become a Chicago police officer? What is the starting pay? What is the pay structure with years on the job? Please give me a comprehensive overview of becoming a Chicago police officer.

https://www.youtube.com/watch?v=F_9cFhAGJmY

Mobile home parks are great investments and are becoming increasingly popular and profitable. Who finances Mobile Home Parks and how do you qualify. What are the financing guidelines of Mobile Home Parks

What Are the Gaps in Employment Guidelines for a Mortgage? Can a borrower qualify and get approved for a mortgage with gaps in employment in the past two years? What if a homebuyer or homeowner goes from a 1099 job to a W2 job or vice versa? What if the gaps in employment are in a different field? How do mortgage underwriters view probationary jobs such as police officers or firefighters? How do they view those type of jobs if they are hired a probationary police officers and probationary fire fighters?

Do you get your property taxes waived if you install solar panels on your house in Wisconsin? Lisa Marie Jones and Tom Miller

I am interested in opening up a NEW and Used Car Auto Dealership. Can you give me a comprehensive detailed overview and guide to getting qualified and approved for an automobile dealership floorplan financing at the best interest rate? A step by step process on getting qualified and approved will be great. And who do I contact to get approved for an auto dealership floor plan financing? A bank, credit union, direct lender, or business finance broker?

What are the eligibility requirements on gas station business and real estate loans. What are the requirements to get a gas station business and real estate loan? How do you qualify and get pre-approved? Do you need experience? Can you get trained from the seller? What are the EPA concerns, permits, credit scores, reserves, income, documents, and other requirements?

Where can you legally depose dog feces? In the garbage bag for the garbageman to take? Where do dog kennels depose of dog feces?

I have a first mortgage with a 3% mortgage rate. I need to do a lot of renovations to my house, both exterior and interior. How can I get a renovation loan at a low rate where it can be interest only. I would want a drive by appraisal versus a full appraisal. What credit score do you need and what are the rate and term?

I want to APPLY NOW for a mortgage but have outstanding collection accounts. What is the statute of limitations on collection accounts for a mortgage?

Can you please tell me what a charge off account on a credit card means? I don’t have to pay this debt?

I am going through a divorce, and the last piece is buying my spouse out of the home. I have lived off-site since we started the process. I was about to close a loan to pay off my spouse, but the loan stalled as the lender stated I had to have lived there for at least 12 months. The home is paid for, so I would functionally take out a first mortgage. I have been unable to find anything other than I must occupy the home within 60 days of closing. Does this sound like lime? Lender rule, or am I missing something? The FHA guidelines?

What are the latest Google algorithm changes and how will it affect website organic traffic?

What are the lending options for homebuyers on community property states.

What is affiliate marketing and how do you get started? Can you make good money with affiliate marketing? What are the step by step process in getting started and becoming successful with affiliate marketing?

What is a podcast? How can you start a podcast and make money? How do you monetize with YOUTUBE.COM and other social media channels. How do podcasters make tons of money? Can anyone start a podcast? What are successful types of podcasts to monetize asap

How do you monetize from YouTube? How do I make money making YouTube videos? What category should I focus on to monetize on YouTube.

I am interested in commercial loans. What does Factoring work and how do I learn about Factoring?

I know HUD requires nonborrowing spouse’s debts to be counted on FHA home loans in community property states on FHA loans by mortgage lenders. Fannie Mae and Freddie Mac does not require NONBORROWING spouse’s debts to be counted on conventional loans on Conventional loans. What is the Veterans Administration (VA) requirements on NONBORROWING spouse’s debts on VA loans when a veteran applies for a VA LOAN? Does the NONBORROWING spouse’s debts count towards the debt to income ratio on VA loans in community property states.

How does EPM EMPOWERED DPA and GRANT PROGRAM work? How do I qualify for the EMPOWERED DPA PROGRAM for first time homebuyers?

I am more interested in the spec builder new construction loans. My brother Javier and business partner told me he heard Lending Network LLC offers land acquisition and construction loans that does not require a lot of red tape. Thank you.

I would like more specific insights on working with a real estate in my area which is the north side of Chicago. I am interested in selling my house and buying a home in the northwest suburbs with a larger lot and potential to add on. My brothers and I own a construction business and have a lot of experience with doing fix and flips, gut rehab, new construction homes for customers, developers, builders, and ourselves. We have used many real estate agents and sometimes I think they do a good job and is worth the money while other times I think they are completely worthless and I am wasting my 6%. I need a list of questions where I can vett out hard working experienced real estate agents to list my properties and to buy my house. What will the NAR ruling and new law affect using a real estate agent to buy or sell a home?

How Much Cash-Out Can I Get With Reverse Mortgage?

What is Bidenomics? Is Bidenomics a real thing? The U.S. economy is in crisis. Inflation is soaring. Mortgage rates have tripled from its low a few years ago from 2.5% to 7.5%. Home prices have doubled in many parts of the country and its not if we are going to have a housing bubble but when. Unemployment numbers came out last Friday and just skyrocketed from 3.2% to 4.3%. Many people cannot keep up with inflation. The economic data and numbers being released are lies. The inflation rate is NOT 3%. Look at the prices of goods and services when you go shopping. Most consumers see prices of goods and services are 100% to 500% higher than what it used to be. NOT 3% to 4%. Look around you. Look at how many people are out of work. Again, LIES, LIES, LIES. 4.3%? I don’t think so. The Dow Jones Industrial Average should NOT be at 40,000. The Federal Reserve Board is printing money like it is going out of style. Is Kamala Harris that much of an IDIOT? I think so. Kamala Harris is going around touting and bragging about Bidenomics and that Bidenomics is here to stay. Joe Biden is going around bragging that he made the economy of the United States through Biden Economics. So what is Bidenomics and what makes Biden Economics so GREAT? What is the difference between Reaganomics and Bidenomics? Why is the least popular politicians, Kamala Harris, going around and running on Bidenomics and how great Joe Biden was as President of the United States. Does Harris realize that Joe Biden stands to be the worst President in the History of the United States, making him worse than Jimmy Carter? So, can you please explain in detail what Bidenomics is so we, the American people, can understand?

https://www.youtube.com/watch?v=BGPqLlicmYM

What is a mortgage broker? What is the role of a mortgage broker? What is the difference between mortgage brokers and mortgage bankers? What is the difference between mortgage broker, mortgage banker, Full-Eagle Mortgage Banker, direct lender, correspondent lender, and mini-correspondent lender? How Do Mortgage Brokers Get Compensated? How do mortgage bankers get compensated? How do full-eagle bankers get compensated? How do direct lenders get compensated? How do correspondent and mini-correspondent lenders get compensated? What is yield spread premium? How do mortgage companies get compensated?

• This discussion was modified 1 year, 6 months ago by  Gustan Cho.