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American consumers are getting squeezed economically. Interest rates on cars are between 11% to 19%. Average amount of monthly car payment is $700.00. Many consumers have car payments higher than $1,000 per month. Ford Motors announced great earnings. Now how can that be. Well, Ford CREDIT was offering zero percent on special FORD vehicles.
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Want to thank my dear friend @TriciaJ Tricia James our favorite preferred wholesale Mortgage Lender who has brought it to my attention of Animal Care LA County Shelter who are overwhelmed with dogs and cats in desperate need of foster care and permanent forever homes. I think this great organization needs help I am all in
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Original Article:
https://www.mortgagesensei.co/blog/how-to-get-a-mortgage-as-a-first-time-home-buyer
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This is a common question that I answer all the time. It’s easy to explain but may be difficult to execute. No worries! I’m going to lay it all out in the simplest and easiest way possible. At the end of this blog, you will know what financial areas you should focus your attention on as a first time home buyer
Understanding the 5 Pillars of a home loan will help you identify the financial factors that a lender evaluates to determine if you’re eligible for a home loan. In this article, we’re going to focus solely on what it takes for you to become a well-qualified borrower. If you simply focus on that and develop good financial habits, you will soon find yourself in a position to not just be able to qualify for a home loan, but to be considered a well-qualified borrower in the eyes of lenders, realtors, sellers, or anyone else involved in the home buying process. Take your time to read through this, and feel free to reach out to me here for any assistance that you may have.
What credit score do you need to buy a house for the first time?
Depending on your selected home loan program, you could qualify for a home loan with as low as a 500 FICO credit score. However, let’s not worry about “how low of a credit score can I have and still qualify for a home loan?” and focus instead on “what do I need to financially focus on daily?” With that being said, I recommend focusing on the FICO factors that impact your credit the most. Using myFICO Education as a guide:
Payment History (35%): This is simple to understand—don’t miss any minimum monthly payments for ANY of your credit accounts. A lot of people, when they read this, will say, “No duh, Sensei!”. Well, if it’s that obvious, why are so many people missing the mark here? There are many reasons, but I’ll list two:
- Over-extending your credit/spending capacity, and
- Limited amount of emergency/reserve funds.
Did you know that you only need a TOTAL of 3-4 credit accounts aged for 2+ years and properly managed to get a 700+ FICO score! Keeping your total credit accounts under 5 will help you in managing your credit accounts to ensure nothing falls through the cracks. Here’s my recommended financial habits to help you in raising your credit score:
- Frugal spending habits: “How much you keep is slightly more important than how much you bring in”. One of my favorite books is “The Richest Man in Babylon”. The concept is pretty simple: “Priority saving and investing over any other spending choices”.
- Fanatical saving: One of the main reasons people credit suffers is through some kind of financial hardship whether that’s unexpected medical expenses, job loss, or something that tends to be outside of your control. Having enough savings to weather the storm for months or even years, will give you a large enough financial safety net to make it through recessions, rapid inflation, unexpected expenses, etc.
Amounts Owed/Credit Utilization (30%): Our areas of focus are:
- Revolving: “how much of your credit limit is drawn and owed.”
- Installments: “how much of the credit debt is still owed compared to your starting amount.”
Developing frugal spending habits will greatly help you in keeping your credit utilization low. I understand that emergencies come up and you have to use your credit cards, but the truth of the matter is that FICO doesn’t care about your emergencies, or why your credit cards are maxed out. They only care that your credit card is maxed out. If you cannot quickly pay down your credit card balance under 10%-30% of the credit limit within 30 days of charging it, then you probably should not charge the product/service to your credit card.
Negative Status: Collections, charge-offs, repossessions, bankruptcies, foreclosures, Late payments within 2-years, etc. You can do everything right, and getting one of these can set you back overnight. All of these derogatory events result from some negative financial event that occurred, whether unintentional or intentional, the results will be the same. For those who have been victims of identity theft, you know from experience that creditors don’t care that your identity was stolen and a criminal damaged your credit. All they’re going to tell you is “take responsibility in fixing your credit.” Working towards preventing these negative financial events from reporting on your credit or removing them from your credit is your third focus. If you need help, reach out to Kredit Kleanse for expert credit repair assistance, or schedule time to start your home loan qualification process by clicking here.
How much income do I need to buy a home?
After the 2008 housing crash, our government implemented S.A.F.E. requirements for lenders to do their due diligence to ensure that the borrower is protected from predatory lending. One of the main focuses was on DTI (Debt-to-Income ratio). For the sake of this blog, I’m only going to focus on two aspects of DTI that are more relevant to this article:
Total Income: In this case, the borrower simply doesn’t make enough to afford the home regardless of how little debt they may have. For instance, the borrower earns $100,000 per year for income and wants to purchase a $1,000,000 home. Those numbers, in most cases, won’t work. Here’s my personal calculation: whatever your “total annual income” multiplied by 3x-4x should put you in the range of a home you can afford AND still enjoy life/save/invest/etc. This is not stating what you will qualify for, but simply a measuring equation to see if you are in the ballpark. Please note that (1) your area could be more or less expensive, (2) current interest rates, and (3) the lender you choose WILL affect your final qualification. The best course of action here is to either:
- Increase your qualifying income: This is VERY tough conversation to have, and honestly the part of the job that never sits quite right with me. But truth is truth regardless of how I feel about it. Ways to increase your income are:
- Ask for a raise
- Go for that promotion
- Create passive income
- Start a business/side hustle (you’ll need a 2-year history of having that business)
- Get a 2nd job (you’ll need a 2-year history of working both jobs)
- Add a co-borrower/signer
- Obtain a higher paying job
- Reduce your housing price if possible: I’ve helped people that simply weren’t able to increase their income, maybe because they are retired on fixed income, can’t change jobs due to their needed benefits or family, etc. To those people I would suggest reducing they’re home buying price by adjusting their home search parameters. The more flexible you are on the type, location, etc. of your new home, the more options you will start to have. Maybe a smaller starter-type home is what you need.
Usable Income: In this case, the borrower makes enough “gross income”; however, the challenge is the borrower has too many debt obligations that are eating away at the potential income we could use for a housing payment for the home they want. This is normally when the lender will tell you “your DTI is too high to qualify”. The best course of action here is to reduce/eliminate your monthly credit debt obligation. You can use a method called “debt-snowball”. The debt snowball method is a debt payoff strategy that involves paying off debts from smallest to largest balance. Once a debt is paid off, the money that was previously allocated to that debt is then used to pay off the next smallest debt. This strategy can help build momentum and keep you motivated as you pay off your debts. As each debt is paid off, payments increase in size, similar to a snowball rolling down a hill. We are also able to help our clients quickly identify exactly which credit accounts to pay off to move the DTI ratio meter the most. Schedule time to start your home loan qualification process by clicking here.
How much cash should you have before buying a house?
Lastly, we have to address the “Where’s the money coming from?” aspect. This is the red pill of our housing market/economy. Meaning that it’s ALWAYS better to bring money to the table over not bring anything. You have to be able to invest in the purchase of your home. The ideal scenario is a borrower that can fully fund all expenses needed to purchase a home without needing any assistance. Now don’t get me wrong, we will help anyone get into a home. However, if we look at the true data, people that need financial assistance to buy a home tend to have a more difficult time becoming homeowners: (1) loan programs are too restrictive, (2) sellers don’t want to sell to someone using a loan assistance program, (3) they’re not able to qualify for as much house as a traditional loan program, etc. These are the four areas you should consider:
Down Payment: This normally ranges from a minimum of 3%-5% for primary residence loan programs. If you don’t have the funds, there may be a home down payment assistance program available for you.
Closing Costs: Title costs, government recording fees, appraisal fee, credit report fee, setting up your prepaid/escrow account for property taxes and homeowners insurance, etc. This normally ranges from 3%-6% of the purchase price, depending on the area.
Moving Expenses: Will you need to rent a moving truck, hire movers, take time off from work, pay for deposits for utility hookups, build new furniture, throw a housewarming party, etc.? Many lenders will tap you out at closing, and you may be blinded by the excitement of buying your first home and you simply forget about these costs that are unrelated to buying a home. This is an unknown number because everyone is different. All I’m doing here is making sure you’re aware of this and plan for it the best way you can.
Once you add up everything the starting line is anywhere between 6-11% of the purchase price. If you don’t have it or simply don’t want to spend that amount, then you’ll need to work with the right people that have a strong understanding of creativity financing. schedule time to start your home loan qualification process by clicking here.
Give it to me straight and don’t sugarcoat it Sensei!
Over the course of my career, I’ve had the pleasure of working with some of the grittiest people I’ve ever had the pleasure meeting. Some of those people “had no hope” of buying a home as a first time home buyer. What allowed them to become homeowners was knowing how the game works. It’s like golf—if you don’t know how to (1) pick the right club, (2) examine the landscape, and (3) swing with the right technique using the right amount of force and accuracy, you’ll easily get tired of “trying” to play golf. There are a lot of people today who are trying to buy a home, instead of actually being able to buy a home.
One of the biggest misconceptions, in my opinion, is that people are trying to get a lender to qualify or approve them for a home loan, instead of just being a well-qualified buyer for a home loan before they even reach out to the lender to “verify their financial status”. Credit, repayment ability, funds needed for closing—these are your core pillars that truly make up the borrower aspect of a home loan.
I’ve been in this business since 2011, and I can tell you without a doubt that traditional loans walk, look, and act similar. Yeah, there are guideline differences, but the truth of the matter is that even with these differences, the essence of the home loan is still the same. Working with someone that has these core home loan assessment experience will put you on the right track FAST. Schedule time to start your home loan qualification process by clicking here.
What would you do Sensei?
The 5 Pillars of a home loan are made up of: Credit, Repayment Ability, Funds Needed for Closing, Subject Property, and Loan Program. For this subject of “How to get a mortgage as a first-time buyer,” you have to find out what you qualify for. My recommended sequence of focus is: (1) Credit, (2) Repayment Ability, (3) Funds Needed for Closing, (4) Loan Program, and (5) Subject Property.
Here’s the honest truth:
- Before you go under contract to purchase a home (i.e., subject property), you should know what you qualify for (i.e., loan terms/program),
- Before you know what you qualify for (i.e., loan terms/program), you will have to go through the lender’s evaluation process (pre-qualification/pre-approval),
- When you go through the lender’s evaluation process (pre-qualification/pre-approval), we will be verifying and evaluating your credit, repayment ability, and available funds for closing.
When you want to buy a home your credit, repayment ability, and available funds are the areas that YOU control. A lender does not control these aspects of your financial life. Your financial habits do. These three (credit, repayment ability, and funds needed for closing) are the pillars that you build up to be in a position to purchase a home. The last two (loan program and subject property) are the aspects of the home loan process that are more of an effect of the first three pillars.
We live in an instant gratification society and want everything now, fast, and easy. The truth of the matter is, that’s not how buying a home works. Now let’s be clear, your home-buying process can and should be simple and easy. If it’s not, you’re probably working with the wrong loan officer/lender. But you should not expect it to be “instant.” It takes time to buy a home, even more so to buy a home “right.”
When you first enter the housing market to purchase a home, you may have some challenges ahead. However, if you stay focused and dedicated, you will find the right home for you and your family. By following these steps and being prepared, you can increase your chances of securing a home loan and becoming a homeowner. It’s important to be patient and diligent throughout the process, as it can take time and effort to achieve your goal of homeownership. We are here to help you every step of the way.
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This discussion was modified 1 year, 11 months ago by
Sapna Sharma.
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This discussion was modified 1 year, 8 months ago by Sapna Sharma.
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This discussion was modified 1 year, 8 months ago by Sapna Sharma.
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This discussion was modified 1 year, 7 months ago by Sapna Sharma.
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This discussion was modified 1 year, 2 months ago by Sapna Sharma.
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This discussion was modified 1 year, 2 months ago by Sapna Sharma.
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Any car people know what types of classic or exotic cars are great investments?
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Before we dive in, we want you to know that this blog took considerable effort to bring you. We’ve worked hard to present this housing investment scheme for you all.
Now, let’s talk about the NDIS Housing Scheme and whether it’s a smart investment in 2024.
What is NDIS Property Investment?
Investing in NDIS property involves purchasing or developing homes for NDIS participants with significant care needs. The term “Specialist Disability Accommodation” (SDA) refers to these homes, which are designed to meet various tenants’ needs. Here are the four main types:
- Enhanced Quality of Life: Designed for those with intellectual, cognitive, or sensory difficulties.
- Robust: Features are incredibly durable to ensure the safety of both residents and their caretakers.
- Fully Accessible: Intended for renters with physical disabilities.
- High Physical Support: For those with the greatest degree of physical disabilities, including features like voice control technologies and ceiling hoists.
Each type of SDA must adhere to strict architectural guidelines and provide amenities that enhance the quality of life for tenants and their caregivers.
Benefits of Investing in NDIS Properties
Investing in NDIS (SDA) properties can yield several advantages:
- Capital Growth: The potential for property value to increase over time.
- Regular Rental Income: Consistent rental income can help repay your home loan.
- Tax Deductions: You can deduct Investment property taxes from your total tax liability.
Additionally, NDIS property investment offers unique benefits:
- High Demand: Due to a shortage of NDIS properties, especially in many Australian regions, there is potential for greater capital growth.
- Government-Guaranteed Income: Once you find a tenant, you can expect long-term, stable income funded by their NDIS package.
- Higher Rental Returns: Double-digit returns are common due to high demand and government subsidies.
- Social Impact: Beyond financial gain, you’ll be improving the standard of living for individuals with disabilities, contributing to the community.
Conducting Due Diligence
Just like any investment, NDIS housing requires thorough due diligence. Here’s what to consider:
- Market Research: Investigate local market demand for SDA housing. Focus on areas with a shortage of certified NDIS homes.
- Regulatory Knowledge: Familiarize yourself with NDIS investment property guidelines and regulations.
How to Purchase NDIS Investment Property
Here are some tips to help you purchase an NDIS property:
- Research Growth & Market Rents: Understand the supply and demand dynamics of NDIS properties in different locations.
- Consult a Specialist: Work with a specialist real estate agent approved by the NDIS to find suitable listings and get guidance on laws, construction specifications, and financing.
- Buy Off the Plan: Ensure the property meets NDIS accessibility measures and be prepared for possible construction delays.
- Secure the Right Finance: Look for specialized NDIS property loans, but be ready for larger deposits (30–35% at times).
- Choose Location Wisely: Make sure the property is in a location that allows residents to engage actively in community life.
Risks & Considerations
Investing in NDIS properties comes with its own set of challenges:
- Limited Market: NDIS properties may not attract enough lenders for funding.
- Lower Loan to Value Ratio (LVR): Lenders’ mortgage insurance is not available, and lenders may only provide up to 80% of the property’s worth.
- Lower Property Valuation: Custom-built homes may be valued lower than the contract price.
- Rental Income Estimation: Lenders may not fully recognize the higher rental income potential of NDIS properties, affecting loan approvals.
Is NDIS Investment Housing a Good Investment?
Purchasing an NDIS home offers a unique opportunity with both social and financial rewards. It’s important to thoroughly evaluate NDIS housing requirements and perform due diligence. With proper management, NDIS housing can be a profitable addition to your investment portfolio.
A Win-Win Scenario
Investing in SDA benefits both investors and NDIS participants. Participants get specially designed, secure, and comfortable homes that meet their needs, while investors receive substantial returns backed by the government. SDA housing combines strong social and ethical goals with the potential for a gross return on investment of up to 15%.
Need More Information?
If you have any concerns or need more information about property taxes and investment, feel free to contact.
Next, we will address frequently asked questions such as:
- Can housing be assisted by NDIS?
- How much funding does the NDIS need?
- Can the NDIS rent the house?
- Is it wise to invest in NDIS housing?
Thank you… That was all about NDIS.
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Debt-to-Income ratios is the most important factor besides credit scores when it comes to qualifying and getting approved for government or conventional mortgage loans. Debt-to-income ratios determine the borrower’s ability to repay their mortgage loan. Here is an easy to read guide about debt-to-income ratios
FHA Debt-To-Income Ratio Requirements
https://gustancho.com/fha-debt-to-income-ratio-requirements/
gustancho.com
FHA Debt-To-Income Ratio Requirements
FHA Debt-To-Income Ratio Requirements is 46.9% front and 56.9% back-end on AUS-approved. 40 front and 50 back-end on manual underwrites.
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A slice of New York pizza should be folded so you can walk with it. If the oil is not dripping down your arm you are eating a slice of New York. This is a real slice!
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My parents weren’t that strict when I was growing up. Nowadays when a child is acting up the parents respond, “ He only acting out to find himself, his inner being and eternal soul.” If that were my mother of father that would slap me up side my head to realign my karma, chakra and aura in two seconds.
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There are several tools which can detect AI generated content like Quiltbot, Gptzero and AI text classifier etc. Google prefers Human content instead of AI generated content.
We can easily detect content generated via AI.
Here is one tool link for testing-
To overcome this there is a tool which converts AI generated content into humanized form so AI content detectors tool can not identify. You just have to put Ai generated content into it and it will convert it to humanize form.
Note:- check plagiarism again after converting content to form AI to Humanize form
Here is the tool link :-
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This discussion was modified 6 months, 2 weeks ago by Sapna Sharma.
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This discussion was modified 6 months, 2 weeks ago by
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If you are going to live in the mountains, you must learn a few things to survive. I lived in Lake Tahoe in the Sierras for nine years, one of the most beautiful places in the world. It’s a continuous battle with nature. Moving to an area where wildlife rules, one must adapt to their surroundings. The bears and coyotes have been there forever, and we are the trespassers. Snow can appear ten months out of the year. The only month it didn’t really snow at Lake Tahoe was in July. I camped at Eagle Lake in July at almost a 10,000 foot elevation. I woke one morning to 6 inches of snow which melted quickly. I was the snow-plow king of my neighborhood. There weren’t many neighbors living out in the country, in fact, my street was the last for the city to plow. If you live out that far, you must depend on yourself to survive, hence, a four-wheel drive Jeep with massive studded snow tires.
Firewood was a big deal; I hated buying wood. So I decided to drop pine trees for my neighbors; I was allowed to chop any tree 6 inches or less in diameter. After dropping the trees, I would bundle them up and store the dry rounds for the next year. I would need at least two cords a year. One year I stacked the wood too close to the house only to discover the mice preferred wood piles in the winter; I ended catching eighteen mice that year.
Coyotes, by far, are the smartest of all creatures! When I would come across a coyote in the forest, I would stand my ground and yell. The coyote would back up a few feet only to turn around and glare at me to see if I were serious. I never had a problem with them, though.
One day, at my kids bus stop, I saw a white wolf, an amazingly beautiful creature. Black bears were everywhere! When I first moved there, I spotted a bear cub in a tree, which means mamma bear is close by. I am certain the same cub would visit my dog and me; I could tell by the bears’ chest blazing as a way to identify bears. I’d be splitting wood, and the bear would come by the wrought iron fence and peer in. My dog would be nose to nose with the bear. If they ever learned to use their thumbs, we would most certainly be in trouble. They can open a car door or jar of peanut butter. They thought humans kept their food in ice coolers, so they would break into your car for the coolers. One night, my New York City sister visited with her friend and stayed at the cabin across the street. When I walked her home late that night, a bear walked right past us; we felt and sensed his whoosh! You can smell a bear if they’re that close.
If you are hiking and encounter a bear or a coyote, do not run because they will think you are prey. Stand your ground, try to make yourself bigger, wave your arms, act crazy, and they will go their own way. They do not want confrontation. Bears climb trees, and they will only try to enter your tent if you have food inside. Most campgrounds have bear bins which are metal with latches for food storage. They have learned to adapt to us humans and how to pilfer our foodstuffs. We have to try to adapt to them because they were here first.
When I lived in Sonoma County, I was an amateur winemaker. I decided to travel down to Apple Valley, about 60 miles south, to purchase some grapes. I trucked them back to Tahoe to begin the process. The grapes were crushed, and fermentation was starting. The bears arrived and tore through my wooded fence to enjoy the grapes that very first night. I heard the crashing of the fence and bounded outside just in the nick of time to save my wine. I moved the grapes to a friend’s house the next day. Who knew, grape jelly, bears?
Garbage is a great temptation for bears; you just can’t leave your garbage can out all the time. If you do, they will party every night. What you need is a 600-pound bear bin that is set in cement with rebar. I purchased one for $800 but before I able to cement and rebar, the bears arrived and pushed it over. They knew that food came in these bins. The next day cement and rebar were installed, and before the cement settled, the bears came by again and pushed it over. They knew which were the garbage nights, and they would continue push over the bin. I tried motion lights, anything I could think of to deter the bears. Finally, I decided to think like a bear. Every night when the sun went down, I would urinated around the perimeter of the bear bin. Viola! It worked; no more bears in my garbage. They respected my scent and moved on. I adopted to their lifestyle. Just don’t let the neighbors catch you!!
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Baseball and sports.
I am a baseball fan a Yankee fan for life. I grew up in the days of Mickey Mantle during the sixties. Of course, I played football and lots of basketball. I didn’t play hockey, but my wife being a huge hockey fan, I had no choice but to cheer her team on. Out all the afore mentioned sports, baseball is the only one to start on time. The only game with a clock keeping time, starts on time. First pitch is 1:04 for a day game,you could set Big Ben by the start of a baseball game. Football kick-off 3:20. No way! There first must be a half dozen commercials to air. Basketball same thing 7:20 tip off, not even close! Ads, ads, and ads.
Baseball just ticks away slowly, some call it the game for intelligent people. Like chess it moved slowly, watching a chess game is as boring as siting in the nose bleed bleachers in a baseball game without a radio. You can’t see the game or hear the game. Don’t keep started on watching golf or bowling!
Penalties in sports, sorta not fair. Kicking dirt on an umpire in baseball, you get throw out of the game. Fist fight in a basketball game, suspended two weeks, excessive brut force in football, four game suspension. Hockey all blown out boxing match with blood oozing. Two minutes in the penal box, next period you do it again.
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Here is the song Surrender from Cheap Trick
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RIP Former First Lady Roselyn Carter. May you Rest in Piece 🙏
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Does anyone know the updated Fannie Mae two-to-four ulti-family guidelines on Conventional loans for owner-occupant, second homes, and investment properties?
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You can be the best of the best mortgage loan originator, mortgage sales manager, mortgage branch manager, or mortgage company owner but without customer leads, what good is it. You can be a doctor with the cure to cancer but if nobody knows about it, what benefit does it have to society. You can graduate from Harvard, Yale, or Stanford Law School and have interned for Supreme Court Justices and be the best litigator in the world but without clients, you will not make descent money and may be eating Ramen noodles eveyday. However, you ever see those commercials in the wee hours in the mortgage from ambulance chancer attorneys? The lawyers that advertise they can get you millions for your injuries? Well, most of those lawyers are law school graduates who barely graduated and took them three, four, five times to pass the BAR exam and get licensed. But those lawyers are the ones that are making millions because they know how to market. Whether from organic traffic from the search engines, paid Google Ads, or television infomercials, they are marketing genius and are reaping the rewards due to reaching out to their audiences. That is how organic traffic through Google and search engines is key for loan officers and real estate professionals.
In this eLearning FORUM, I will cover how I started my mortgage website and the learning curve of my website to go viral. I am now counting nothing but organic traffic for my team of loan officers and am able to help other loan officers interested in getting organic traffic for their loan origination business. Nobody helped me while I was growing my online mortgage loan origination business so I want to give the community back by sharing my road to learning on my own through trial and error. This eLearning Forum on how to generate organic traffic from the search engines will be a series on what I had to go through, the hurdles I encountered, and the challenges that I am still facing. I created an online business marketing platform through Viral Website Developers and the Great Community Authority FORUMS (GCA FORUMS) where me and my digital marketing and technical team can offer a few select mortgage and real estate professionals a pilot program to expand my business model in an expedited system where you are able to get organic leads without paying in a fraction of the time it took me. When I first started my career as a full time mortgage loan originator, in April 2012, I tried everything possible to get leads. I cold called realtors, accountants, financial planners, and attorneys. Nothing gave me instant gratification so I explored buying leads. The very expensive leads were successful but cost $500 to $1,000 per lead. I could not afford that kind of money, therefore I purchased dollar leads. Boy was that a clustermess and stressful. I was calling these dollar leads to get yelled at from people without jobs and 400 credit scores getting called loser, get a real job, and many other humiliating names. I decided I wanted to be like Zillow and develop my own website. I created my own website on January 3rd, 2013 and went to work. I purchased my domain from GoDaddy and had a website company create a mortgage website with my newly purchased domain. To this date, I have never purchased a mortgage lead since I created and launched and started my website on January 3rd, 2013. The reason I started my website.
I did not know much about technology nor generating organic leads to originate loans. However, I set my mind that was what I wanted to do and started on my journey. I hired multiple so called SEO experts and none were successful. These so called SEO experts are nothing but fortune tellers and normally just want your money the only thing they are great at is talking out of their ass’s. From the time I created and started my website, I must have re-started my website from scratch at least 20 times or more. I knew that content was king so I started with posting content seven days a week. One thing I did not realize was that duplicate content was penalized by Google and the search engines. I then had to scratch all that and trash whatever I posted and get back to the drawing board. I started writing original content and my website started getting some recognition from Google where after six months I was getting a few leads a week where I was able to originate two to three loans a month. It started to work. I did not have a team and all I needed was a few loans a month to make a living. Religiously, I was posting new content daily and my organic unique daily visitors was increasing. During the tenure of owning and operating my website, I always seeked help, hired free lancers, and sought ways of improving daily unique visitors to my website. One thing you need to realize is that nobody will help you increase organic traffic because they consider you as competition. I will go over step by step on my mistakes and the process on developing how I am able to have a team of loan officers, support, operations, and marketing staff from mainly having a large online presence with digital media marketing and social media platform. I will discuss what Viral Website Developers has to offer. We are not website or online tool sales. We are open minded in partnering up with select mortgage professionals in expanding our online platform through Viral Website Developers where it will be a win win for our affiliates, subsidiaries, and partners. By learning what I have gone through, you can have your one-stop online mortgage business including organic lead platform in the fraction of the time it took me. It took me more than ten years to perfect my system. My team at GCA Mortgage Group generated $250,000 million dollars in 2021 with 14 states. The company we were in had high rates on government and conventional loans with only three non-qm wholesale mortgage lenders. 90% of the volume we did in 2021 were from organic leads from the search engines and we did not purchase a single lead. Now, we are at NEXA Mortgage since February 24th, 2022 with 48 licensed states including Washington, DC, Puerto Rico, and the U.S. Virgin Islands. There is not reason why team GCA Mortgage Group should not be able to generate one billion in annual production through branch provided organic traffic. We are hiring independent loan officers wanting to have their own branch, and select loan officers who want to be tied to a branch at GCA Mortgage Group. For loan officers who are either sponsored by a member of Gustan Cho Associates or are a member of our branch, you will have the benefits of learning our unique organic lead production system and become an owner operator of the one-stop shop mortgage platform. Stay tuned. We will cover more content on this topic.
I will continue this forum in the coming days.
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This discussion was modified 2 years, 1 month ago by Sapna Sharma.
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This discussion was modified 2 years, 1 month ago by Sapna Sharma.
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This discussion was modified 1 year, 8 months ago by Sapna Sharma.
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Remember when Elon Mosk declared war against California Governor Gavin Newsom and said he was going to move Tesla to Austin Texas. Well, Tesla moved to Texas and thousands of Tesla workers packed up their belongings and families and moved to Austin Texas. Austin Texas housing market has been on fire and appreciated like never before. Now with electric car market in the dumps and Tesla Motors in financial crisis and laying off thousands of workers, the Austin Texas housing market is in trouble. There are thousands of Taxpayers fleeing Austin Texas like never before. Texas home prices are tanking. Just in the past few months, homes in AUSTIN plummeted by 20%. Rents on studio apartments plummeted 17% last months. Many Tesla laid off workers can’t afford their homes in Texas. This is a developing story folks. More to come.
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On a recent family gathering with my granddaughters, grandniece, and grandnephew and various cousins. Age from 3 to 10, my wife and I thought it would be cool to have them write a book. We came up with an elephant as the main character, then asked the children ten questions: color of your elephant, name, favorite food, etc. When compiled the answers, and this is what we came up with.
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Wanted to say thank you to Home Inspection Willie Germino. Home Inspector Willie Germino is the President and Chief Executive Officer of WZG HOME INSPECTION in Chicago Illinois. Willie Germino has worked for our family’s construction business when the bank required home inspections for the homes we built to get our draw or final waiver and payment. Highly recommend Home Inspection President Willie Germino of WZG Home Inspection.
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Is there God. Is God Real? Is God Good? The Ten Commandments. Who is our Creator? Adam and Eve. Jesus. What is Heaven? Hell? Who is Satan? Who created Earth, the sun, the moon. Life and death. What makes a person Good, Bad, or Evil. Many questions for nonbelievers.
https://www.facebook.com/share/r/iVMwoQ9vr3opJMDz/?mibextid=D5vuiz
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Sharing the gospel to an Atheist in Walmart! Pray for Him 🙏 By @zachary_impellicceiri #dailydevotional #dailydevotion #Godisreal #jesuslovesyou #christian #Christiancontent #christianreels...
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Below are the subsidiaries with a partnership interest or interests in GCA FORUM’s parent company, Gustan Cho Associates
- GCA Mortgage Group
- Non-QM Mortgage Brokers
- FHA Bad Credit Lenders
- Mortgage Lenders For Bad Credit
- Jumbo Mortgage Options
- Preferred Mortgage Rates
- Multiple partner websites and social media platforms
Anyone in the mortgage and real estate industry knows how complex and confusing it can be—especially the thousands of rules and regulations on traditional, non-QM, and alternative non-conforming mortgage loan programs.
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What are jumbo loans? How does it work? Which mortgage lender do you go to get qualified and pre-approved on jumbo loans?
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If you currently own a home, you may have experienced a change in mortgage servicer during the life of your loan. The mortgage servicer typically changes when the loan is sold off to a different mortgage company that now holds the financial interest in your property. During this transition, not only does the company that collects your mortgage payments change, but the handling of your insurance and property taxes may also shift. It’s crucial to keep track of communications from both your old and new servicer. This will ensure a smooth transition, and update any automatic payments set up for your mortgage, insurance, and property taxes accordingly. If you have any questions or concerns about the transfer, don’t hesitate to reach out to both servicers for clarification. Remember, open communication is key to a successful transition.
When this changes, you need to notify your home insurance company so that they can update the mailing address of where to send the new home insurance invoice so that the insurance is paid promptly. If this needs to be corrected promptly, it can lead to a nonpayment cancellation on your home insurance. If this payment is made in a reasonable timeframe after the cancellation, then you may be at the underwriter’s discretion for possible reinstatement. Although that is the best possible solution, the opposing side could be a cancelation with a lapse. Which will cause difficulty finding new insurance and or be costly.
#homeownershipgoals #mortgage #playitsafe #knowledgeispower #growthmindset #winning
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Is Joe Biden the head of the Biden Crime Family? Is Jim Biden, Joe Biden brother, a criminal? Did James Biden commit Healthcare fraud? Who is Jim Biden. Did Joe Biden know James Biden’s allegedly criminal activity?
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The Grapevine…
The last of the great generation.
Are the baby boomers the last of the great generation, perhaps? We were born after World War II. We all heard the stories of the war and the Great Depression. Our parents struggled, especially if they were children of immigrants like mine. They had nothing and gave us everything they didn’t have. How noble. They went from having nothing to giving us their all. I was content in a one-bedroom apartment in Greenwich Village. There were five of us squeezed into barely 900 square feet of space. Living quarters were scarred after the war; all returning needed an apartment. My parents eventually moved into a 3-bedroom apartment in the 1960s. Others fled the city for the suburbs, giving us a better childhood.
That’s where it all started! I was spoiled with a basketball and baseball glove; I had it all! Growing up, we were all in the same boat, not having a lot of money. Our parents saved nickels and dimes for that down payment for a house—probably two grand for a twenty thousand dollar house. We watched and learned about the struggles; they stayed happy and taught us respect. Yes, sir; no, madam. They took us to church; we all dressed up for Easter, and we attended midnight mass on Christmas Eve. We traveled on holidays to see our grandparents.
That’s when we blew it! The eighties gave way to greed; corporations grew and grew. Finally, we had enough money for our kids, and we spoiled them. We started the problem that exists today; it is our fault. We were so focused on giving them a better childhood than us that we lost sight of the meaning of living. My wife and I have four children: a doctor, a teacher with a master’s, a Michelin chef, and a savant. We gave them all the tools they needed for a successful future. We thought we were doing the right thing. I love my grandkids very much; they have everything and more. How can a child possibly show appreciation when they have it all?
We shower them with love, affection, and lots of stuff. They forget, “Thank you; you’re welcome.” Respect is long gone. When a kid is bullied in school or cyberbullied, oh, give me a break and delete those unwanted messages. The bully and his prey are called into the principal’s office. “Bobby, you must not say those things to Jimmy; he is offended.” Offended, come on, when we went to school, you settled this stuff after the school bell rang. Outside, down and dirty, with fists blaring and noses bleeding. We coddled our children. I had two older sisters; sh*t, I was bullied right there; they told me I was adopted. When my first sister was born, my parents handled her like crystal. When the second sister was born, she was handled—maybe not like crystal but more like an expensive pair of glassware. By the time I was born, I could go outside and play in the streets at six years old. I played in vacant lots with tons of broken glass. I was on my own. I dodged cars and had strangers hold my hand to cross the street. “Have somebody cross the street with you,” my mother would yell from our fifth-floor window.
I wasn’t abused, but I was slapped for having a wise month by my parents. I needed only one slap to put my buttocks to keep me in order. I lived in constant fear: “Wait until your father comes home.” This scared the crap out of me, and looking back, my dad never hit me.
I realize it is ultimately the child’s responsibility to behave accordingly. You can have two children and spoil them identically, and they may have different results; one can be a spender and cry baby, and the other could be a minamilist.
I worked from the time I was fifteen, and my parents saved money for me. I was never much of a saver when I grew older, but I was taught to save for a rainy day. It was up to me to continue.
Family traditions: what happened there? Holiday meals with relatives—I know the younger generation is trying to establish their own traditions, duh. That’s not traditional. Why must everything be changed? Why? Because they are spoiled and bored. Our generation stopped a war by protesting at the colleges. They protest today because their feelings are hurt. Oh, please.
Wake up, or woke up! Spend more time with your kids; take them to the park. Limit time on devices. They made fun of us in the fifties when I had my plastic cowboy cap gun and holster. They said I would grow up and be violent. Now eight-year-olds are watching videos of mass military shootings, naked women, and who knows what else? Don’t get me wrong. I go to the gun range often and like naked women. I am an adult, so I’m told. I hope that my great-grandchildren, whom I will never know, come to realize that life is more than devices and possessions, so they can forge ahead and be the next great generation.
You heard it through the grapevine.
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Happy Saturday!
I am an ambassador for the Boisset collection of wines (Sonoma, Napa & Burgundy, France). Here is a 3 minute clip to daydream . However, if you are in any of these areas, I can hook you up (except for John Legend, He won’t take my calls, ha ha).
5:35
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This discussion was modified 1 year, 3 months ago by Sapna Sharma.
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Ed Why is the U.S. Currency becoming worthless? Why is the world no longer considering the U.S. Dollar the premium Currency of the free World? Why is the United States 🇺🇸 losing respect from the free world? Why is Joe Biden no respect and thought of as an idiot. Why is Kamala Harris not respected as the Vice president of the United States of America 🇺🇸. Why is Kamala Harris referred to as an idiot. What did Kamala Harris do that people around the world refer her as a slut and whore. Who is Big Mike? Why is Barack Obama referred to as gay? Is Barack Obama gay? Is Michelle Obama a man?
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It is ridiculously crazy at some classic car values and how much they are fetching in today’s automotive markets. Who ever thought 🤔 a $3,000 1970 – 1971 Dodge Cuda Big Block can be worth several hundred thousand dollars. Who ever thought a $3,000 1950 Mercedes Benz 300 SL Gullwing would be worth over a million dollars today. There are Classic Cars like the old Ferrari 250, Ferrari Boxers, Ferrari Dino, Ferrari F40, FERRARI F50, Lamborghini Countach, Lamborghini Miura, 2005-2006 FORD GT, 2004-2005 Porsche Carrera GT, and many more cars that is worth six to seven figures. Look at the attached video.
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This Addition Would Make a Car Worth $1.8 More 💰 🚗
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