loan officers: Rural Development - 04/26/11 02:03 PM
Rural Development
The USDA does have an interesting home loan plan called Rural Development. 
 To qualify for this special loan, the homes location has to be in a qualifying zone. Usually this lies outside
the city boundaries. A 640 minimum credit score is required by the l...ender. Household income can not
exceed 115% of the median income for the county in which the home is located. Income is projected
forward including projected pay raises. Borrowers must lack sufficient resources to secure a conventional
loan. (Generally 20% Down) So if you have a potential buyer who may be a little credit impaired, … (0 comments)

loan officers: Looking At Yourself - The task of surrounding yourself with positive people - 04/18/11 11:33 AM
Are you ready to take yourself and your team to the next level?
Are you tired of complacency that seems to have crept into your business and personal life?
Can you take a step back and take an objective, unbiased look at every area of your business (Administrative, operations, sales) to determine where you are versus where you want to be?
Recently, I have made a conscious effort to evaluate every part of my business. I have begun to make small changes that are necessary to grow and improve.
I am looking at myself first and am prepared to make those changes … (4 comments)

loan officers: Down Time - 03/18/11 04:22 PM
In the mortgage business, there is an up time and a down time, depending on what type of loan that people are looking for. Right now, there is a down time for refinancing, as the rates are going up and anyone who wanted to refinance has already done so. However, right now, homebuyers are the only hope for someone in the mortgage business. A great relationship with a realtor will help you during the down time. So, brokers and loan officers, you should start making friends with your local realtors so that when they have a client that needs financing, they … (1 comments)

 
Joe Beach (Lending4UNow/Rapid Mortgage)

Joe Beach

Springboro, OH

More about me…

Lending4UNow/Rapid Mortgage

Address: 78 N. Main St, Springboro, oh, 45066

Office Phone: (937) 748-8888 x 319

Cell Phone: (513) 320-0643

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