Dax's Blog

REO Boot Camp for buying Rehab Properties in Minneapolis & St Paul

Your Trusted Finance — Tue, 09 Jun 2009 10:28:50 -0500

REO Results Group

RE/MAX Results

Presents

REO Investor Boot Camp

Learn from the most experienced REO group in the Twin Cities (500+ transactions in 2008)

Learn:

•· Why it matters to work with the Agents that work with the Banks

•· The Do's and Don'ts of Rehab construction

•· How to meet your short and long term real estate goals

•· How to take advantage of purchasing bank-owned properties

•· How to access community banks to secure Rehab Mortgage Loans

Location and Date:

June 27, 2009

9:30 AM -11:00 AM

5201 Eden Avenue
Suite 100
Edina, MN 55436

There is limited space available

RSVP at http://twincitiesreobootcamp.com

For schedule of upcoming REO Boot Camps please visit :

Buy The Change

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Hard Money Lending, Private Money Lending, Asset Based Lending, Equity Lending, Collateral Based Lending

I want to hear

Your Trusted Finance — Sat, 25 Oct 2008 14:19:52 -0500

Hello ALL ActiveRainers!

I wanted to take a few minutes and reach out to all of you. Lately, there has been a lot of talk about how tough business has been. It is kind of a downer to hear all that stuff!

My team is killing it! I have not been this busy in almost two years. My clients run about a 60/40. 60 % commercial and 40 % residential. I have never been this excited to be in the business than I am now.

(Update... As of July 15th 2009 Commercial Loan financing has gotten so busy I am nolonger doing residential finance. All residential loans are now referred to Matt Bartlett of Summit Mortgage)

If any of you out there are having some good or great success I WANT TO HEAR about it. The positive stories keep my attitude up a lot better than some of the stuff I have been hearing!

Thanks!

Dax Dickson

Construction and Rehab Mortgage Financing

Your Trusted Finance — Sat, 18 Oct 2008 15:14:20 -0500

Our Team has been working with the banks in the Twin City, MN metro area to bring you some of the best rehab mortgage solution to date.

Here are the basic guidelines for our Residential Rehab and Construction Mortgage Financing:

• - Minimum 660 FICO score

•- If rental, Minimum 1.25 DSCR

•- If using DTI, Maximum 45%

•· Can blend both with global calculation

•- If DTI and DSCR do not work we can use marketing plan and pledge payment reserves to bank

•- 6 Months reserves

•- Purchase plus Construction = X

•· Loan amount = 80% of X

These loans are more common sense underwriting. It is important to get accurate rent rolls, PFS, operating statements and proof of ALL assets. Once we have that we need to sit down with the borrower and work out the solution.

These loans are available for everything from Spec Homes to put on the market in the spring to the Boarded and Abandoned bank owned properties!

If you haven't been able to find the loan you need you have talked to our team.

Contact Us TODAY!

Located in Minneapolis, MN

Originating Commercial Mortgage Loans all over Minnesota and Wisconsin

I found the best REHAB guy in Minneapolis

Your Trusted Finance — Thu, 02 Oct 2008 19:02:00 -0500

I have found the best rehab mortgage guy in town. There are a lot of commercial deals I can get done but when it comes to rehab loans I just go ahead and send them to MATT BARTLETT!

If anyone out there is having trouble getting bank owned houses that are boarded or abandoned in Minneapolis, MN and the surrounding areas financed for construction or rehab Matt is your guy.

Matt is AWESOME!

Thanks for readining.

Dax Dickson

Matt Bartlett

The Banked Owned and REHAB Mortgage Finance Guy!!!

651-235-1469

Our Team (Finance and Mortgage) Minnesota

Your Trusted Finance — Sun, 17 Aug 2008 19:50:54 -0500

CONTACT US is you have information on the current real estate and mortgage market you would like to share or need help securing mortgage financing.

Our team services the following stated:

Aitkin County Minnesota, Anoka County Minnesota, Becker County Minnesota, Beltrami County Minnesota, Benton County Minnesota, Big Stone County Minnesota, Blue Earth County Minnesota, Brown County Minnesota, Carlton County Minnesota, Carver County Minnesota, Cass County Minnesota, Chippewa County Minnesota, Chisago County Minnesota, Clay County Minnesota, Clearwater County Minnesota, Cook County Minnesota, Cottonwood County Minnesota, Crow Wing County Minnesota, Dakota County Minnesota, Dodge County Minnesota, Douglas County Minnesota, Faribault County Minnesota, Fillmore County Minnesota, Freeborn County Minnesota, Goodhue County Minnesota, Grant County Minnesota, Hennepin County Minnesota, Houston County Minnesota, Hubbard County Minnesota, Isanti County Minnesota, Itasca County Minnesota, Jackson County Minnesota, Kanabec County Minnesota, Kandiyohi County Minnesota, Kittson County Minnesota, Koochiching County Minnesota, Lac qui Parle County Minnesota, Lake County Minnesota, Lake of the Woods County Minnesota, Le Sueur County Minnesota, Lincoln County Minnesota
Lyon County Minnesota, Mahnomen County Minnesota, Marshall County Minnesota, Martin County Minnesota, McLeod County Minnesota, Meeker County Minnesota, Mille LacsRice County Minnesota, Morrison County Minnesota, Mower County Minnesota
Murray County Minnesota, Nicollet County Minnesota, Nobles County Minnesota, Norman County Minnesota, Olmsted County Minnesota, Otter Tail County Minnesota, Pennington County Minnesota, Pine County Minnesota, Pipestone County Minnesota, Polk County Minnesota, Pope County Minnesota, Ramsey County Minnesota, Red Lake County Minnesota, Redwood County Minnesota, Renville County Minnesota, Rock County Minnesota, Roseau County Minnesota, Scott County Minnesota, Sherburne County Minnesota, Sibley County Minnesota, St. Louis County Minnesota, Stearns County Minnesota, Steele County Minnesota, Stevens County Minnesota, Swift County Minnesota, Todd County Minnesota, Traverse County Minnesota, Wabasha County Minnesota, Wadena County Minnesota, Waseca County Minnesota, Washington County Minnesota, Watonwan County Minnesota, Wilkin County Minnesota, Winona County Minnesota, Wright County Minnesota, Yellow Medicine County Minnesota

Our team can assist with the following mortgage financing solutions:

FHA & VA Mortgages, Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Residential Mortgage, Residential Purchase Loan, Residential Refinance Loan, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Residential Mortgage Lending, Residential Purchase Lending, Residential Refinance Lending, Hard Money Lending, Private Money Lending, Asset Based Lending, Equity Lending, Collateral Based Lending

Commercial Loan Process

Your Trusted Finance — Sun, 17 Aug 2008 19:47:05 -0500

Commercial Loan Process

Let our team help you close more commercial transactions!

Step1 - Evaluate the project

Using its proprietary software tools and commercial lending experience, Your Trusted Finance provides you with a free "Preliminary Financing Analysis" (PFA) that helps you identify a viable loan amount and financing structure.

Working with numbers drawn from listings, seller's records, buyer's records, or other third party sources, the Your Trusted Finance team can provide you with alternative commercial financing strategies and explain their implications before you make your final decision on a project or other course of action.

Professional opinion letters either for the buyer or for the seller can be valuable tools for negotiating more favorable transactions because you have in hand a Your Trusted Finance's independent evaluation of your project financing.

Step 2 - Gather data, information, and documentation

Clearly documenting the underlying logic and value of a project - be it new construction, real estate acquisition, business expansion, or simple refinancing - is at the very heart of selecting the correct data and information to be presented to a lessor, investor, or lender for funding considerations.

Every commercial transaction is unique, and Your Trusted Finance Group provides you with a specific and detailed list of the documentation required to underwrite your particular funding situation.

Your Trusted Finance team can even provide you with many of the standard forms frequently used in commercial lending to summarize rent rolls, financial condition, and other data necessary for a professional presentation.

Step 3 - Assemble a commercial loan package

Funding sources focus on three main elements when considering commercial transactions: what is the property collateralizing the funding, what is the project cash flow that will repay the lease or loan, and who are the people involved in owning and operating the resulting venture.

Your Trusted Finance Group is both knowledgeable and experienced at selecting suitable and compelling documentation so that funding sources will view your project in its most favorable light.

Since every commercial transaction is unique, Your Trusted Finance team crafts a loan package that meets the specific needs of the borrower and the important concerns of the lender. The quantity, quality, and order of presentation in the commercial loan package is designed to assure everyone involved is fully informed and confident about the project.

Step 4 - Present and negotiate loan package for lender consideration

Along with Your Trusted Finance Group's "Loan Packager's Executive Summary" and professionally prepared "Loan Request and Terms Sheet," the Trusted Finance team personally presents the completed loan package to selected members of its proprietary roster of funding sources.

Unlike the more automated residential mortgage process, commercial funding depends heavily on establishing personal understanding, confidence, and trust in both the project and the borrower.

The Trusted Finance team presents transactions to funding sources already prepared to look at good projects, and it negotiates these transactions with a "win-win" philosophy that promotes the best possible rates and terms available under the circumstances at hand.

Step 5 - Review and evaluate commitment letters, counter-offers, and calls for further documentation

The natural result of the Your Trusted Finance Group process is a commitment letter from a funding source. An expert explanation and evaluation of that letter is important to understanding its implications for your project.

The Your Trusted Finance team will review special terminology or covenants, and it will provide you with a good faith estimate of the actual numbers associated with accepting a commitment letter or counter-offer.

Occasionally a lender will request further documentation or clarification of certain points relevant to the transaction. The Your Trusted Finance team can help you acquire, present, and explain any further data or information that may be required to complete a deal.

Step 6 - Close the loan

Finally, Your Trusted Finance Group can seamlessly schedule complex closings that may involve multiple funding sources or require serialized transactions.

Often borrowers will use personal equity sources for capital contributions, and the Your Trusted Finance team will carefully coordinate those fundings for both timing and amount so that your primary project funding happens without a hitch.

A Your Trusted Finance commercial team representative normally attends every commercial closing to assist in completing a smooth and worry-free result. Having Your Trusted Finance involved from beginning to end makes both economic and professional sense.

Minneapolis Minnesota and Surrounding Areas

Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Residential Mortgage, Residential Purchase Loan, Residential Refinance Loan, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Residential Mortgage Lending, Residential Purchase Lending, Residential Refinance Lending, Hard Money Lending, Private Money Lending, Asset Based Lending, Equity Lending, Collateral Based Lending

Located in:

Minneapolis, Minnesota

Brokering loans in all states all types

Problems Getting Investor MORTGAGES in MN

Your Trusted Finance — Wed, 13 Aug 2008 21:48:16 -0500

I want to know what problems you are finding with your clients...

Trouble getting investor loans

Trouble getting rehab mortgages

Trouble getting 100% purchase mortgages

The only way I can improve the services I provide for the agents and clients I serve is if you comment with the issues you are running into!

Let me KNOW!

Dax Dickson

612-578-9898

Located in:

Minneapolis, Minnesota

Brokering loans in all states all types

Residential Rehab Mortgage --- Minneapolis METRO

Your Trusted Finance — Wed, 13 Aug 2008 21:22:43 -0500

I have heard many real estate agents say that the only way to close on condemned houses is cash.

This is not true!

There is a GREAT residential REHAB loan:

This is how it works:

- 80% LTV of the purchase plus construction costs
- 620 Minimum FICO
- 50% DTI

It is that easy!

Dax Dickson

612-578-9898

Closing Creative Mortgages in Minnesota!!!!!!!!!!!!

New REO and REHAB Mortgages

Your Trusted Finance — Sun, 20 Jul 2008 23:12:29 -0500

Attention ALL agents selling REO's or REHABS!!!!!

I know it is getting tougher for investors buying up REO's to get financed. That is why a few community banks and myself put our heads together to come up with some great new programs!

Here are just two of the programs.

REO Rehab Loan:

Loan amount equals 80%LTV of purchase plus rehab costs All we need is a 620 FICO score and less than 50% DTI

**This works great for properties that are NOT currently habitable***

The really exciting loan we created is our commercial blanket loan for residential income properties!

This is how it works:

* 660 FICO Score or Better
* Debt Service Coverage of 1.25% or Better
* Max LTV 80%
* 3 to 6 Months Reserves

If you are having trouble financing residential investment properties it is time to CONTACT our team!

--
Dax Dickson
Commercial Finance Specialist

612-578-9898
dax@yourtrustedfinance.com

New REO mortgage

Your Trusted Finance — Sun, 20 Jul 2008 21:53:40 -0500

I wanted to take a minute and let people know about a great new mortgage myself and a few community banks came up with to finance your investors that currently own to many homes per FannieMae and FreddieMac guidelines.

If your buyers are bogged down with to many mortgages this is the answer!!!

Commercial Blanket Loan

for

Residential Rental Properties

All that is needed:

* 660 FICO Score or Better
* Debt Service Coverage of 1.25% or Better
* Max LTV 80%
* 3 to 6 Months Reserves

If you are having trouble financing residential investment properties it is time to take a look at this!!!

Your Trusted Finance
612-578-9898

Our Mortgage Team

Your Trusted Finance — Sat, 31 May 2008 11:56:49 -0500

Residential Investor Loans (Minnesota)

Your Trusted Finance — Sat, 31 May 2008 11:47:17 -0500

A lot of Loan Officers, Real Estate Agents and borrowers have been contacting me with the same problem.

As lending guidelines change for residential investors how do you get them financed?

It is simple!

If you, one of your buyers or borrowers has more than 5 mortgages on credit I have the solution.

Residentail Investor Blanket Loan

All that is needed:

- 660 FICO score or better

- 1.25% Debt Service Coverage Ratio (DSCR)

- 3 to 6 months reserves

- Max LTV of 80% or 1.25% DSCR * Which Ever is LESS

- Max Loan amount of $1,500,000

This is a commercial loan and does not report to credit. This means the buyer, borrower or you can then get more residential loans for additional investment properties through conventional financing.

If you have questions contact me today!

Dax Dickson

612-578-9898

Making a move!!!

Your Trusted Finance — Mon, 14 Apr 2008 11:07:17 -0500

Yes! I am making a move!!!

I will now be working for Mortgage Financial Services in Stillwater, Minnesota. The services I offer will be even better.

Please find listed below areas where we may be of assistance to you:

A.     Real & Commercial Real Estate Services
   1. New Construction Financing
2. Land Development Financing
          3. Purchase Mortgage (FHA, VA, Conventional and Sub-Prime)
          4. Refinance Mortgage (FHA, VA, Conventional and Sub-Prime)

B.     SBA Consulting
C.     Equity Finance (Commercial ONLY)
D.     Consulting Services

I think of myself as a "Deal Makers" and want to provide you with the best possible service.

Mike Dickson
Finance Specialist
Mortgage Financial Services
350 N. Main St. #100
Stillwater, MN 55082

612-353-4787 Direct
612-578-9898 Cell
651-439-4918 Fax

dax@yourtrustedfinance.com

My SITE

Company SITE

Mortgage Financing and Realty is AWESOME!!!!!!!!!!!!

Your Trusted Finance — Tue, 01 Apr 2008 22:15:46 -0500

Residential Mortgage Financing is changing everyday. Home prices have dropped and rates are at record lows. If ever there was a time to BUY, BUY, BUY it seems to be now. I have had to partner up with community banks to help facilitate my investors rapid acquisition of residential properties. National lenders just don't have the forward thinking to see what these investors are doing. 100% mortgage financing is still available in Minnesota if you know how to structure the mortgages before they go to the lender. It is amazing how many borrowers are coming to me after 1,2 and sometimes more loan officers have told borrowers who can easily qualify for 100% mortgage financing that it no longer exists.

My point to this rant is for agents that work, LO's that stay up-to-date and borrowers/buyers this is the best real estate and finance market I have seen in my nine years in this business.

MIKE

Our team services the following stated:

Aitkin County Minnesota, Anoka County Minnesota, Becker County Minnesota, Beltrami County Minnesota, Benton County Minnesota, Big Stone County Minnesota, Blue Earth County Minnesota, Brown County Minnesota, Carlton County Minnesota, Carver County Minnesota, Cass County Minnesota, Chippewa County Minnesota, Chisago County Minnesota, Clay County Minnesota, Clearwater County Minnesota, Cook County Minnesota, Cottonwood County Minnesota, Crow Wing County Minnesota, Dakota County Minnesota, Dodge County Minnesota, Douglas County Minnesota, Faribault County Minnesota, Fillmore County Minnesota, Freeborn County Minnesota, Goodhue County Minnesota, Grant County Minnesota, Hennepin County Minnesota, Houston County Minnesota, Hubbard County Minnesota, Isanti County Minnesota, Itasca County Minnesota, Jackson County Minnesota, Kanabec County Minnesota, Kandiyohi County Minnesota, Kittson County Minnesota, Koochiching County Minnesota, Lac qui Parle County Minnesota, Lake County Minnesota, Lake of the Woods County Minnesota, Le Sueur County Minnesota, Lincoln County Minnesota
Lyon County Minnesota, Mahnomen County Minnesota, Marshall County Minnesota, Martin County Minnesota, McLeod County Minnesota, Meeker County Minnesota, Mille LacsRice County Minnesota, Morrison County Minnesota, Mower County Minnesota
Murray County Minnesota, Nicollet County Minnesota, Nobles County Minnesota, Norman County Minnesota, Olmsted County Minnesota, Otter Tail County Minnesota, Pennington County Minnesota, Pine County Minnesota, Pipestone County Minnesota, Polk County Minnesota, Pope County Minnesota, Ramsey County Minnesota, Red Lake County Minnesota, Redwood County Minnesota, Renville County Minnesota, Rock County Minnesota, Roseau County Minnesota, Scott County Minnesota, Sherburne County Minnesota, Sibley County Minnesota, St. Louis County Minnesota, Stearns County Minnesota, Steele County Minnesota, Stevens County Minnesota, Swift County Minnesota, Todd County Minnesota, Traverse County Minnesota, Wabasha County Minnesota, Wadena County Minnesota, Waseca County Minnesota, Washington County Minnesota, Watonwan County Minnesota, Wilkin County Minnesota, Winona County Minnesota, Wright County Minnesota, Yellow Medicine County Minnesota

Our team can assist with the following mortgage financing solutions:

Minnesota Real Estate & Mortgage Finance

Your Trusted Finance — Sun, 30 Mar 2008 22:35:29 -0500

Our team is here to help people seeking both commercial & residential mortgage financing through out the state of Minnesota. If it is creative commercial financing or little to no money down residential home mortgage we can help! So many things in both real estate and finance are changing in Minnesota and we are here to answer all of your finance questions.

CONTACT US is you have information on the current real estate and mortgage market you would like to share or need help securing mortgage financing.

Our team services the following stated:
Aitkin County Minnesota, Anoka County Minnesota, Becker County Minnesota, Beltrami County Minnesota, Benton County Minnesota, Big Stone County Minnesota, Blue Earth County Minnesota, Brown County Minnesota, Carlton County Minnesota, Carver County Minnesota, Cass County Minnesota, Chippewa County Minnesota, Chisago County Minnesota, Clay County Minnesota, Clearwater County Minnesota, Cook County Minnesota, Cottonwood County Minnesota, Crow Wing County Minnesota, Dakota County Minnesota, Dodge County Minnesota, Douglas County Minnesota, Faribault County Minnesota, Fillmore County Minnesota, Freeborn County Minnesota, Goodhue County Minnesota, Grant County Minnesota, Hennepin County Minnesota, Houston County Minnesota, Hubbard County Minnesota, Isanti County Minnesota, Itasca County Minnesota, Jackson County Minnesota, Kanabec County Minnesota, Kandiyohi County Minnesota, Kittson County Minnesota, Koochiching County Minnesota, Lac qui Parle County Minnesota, Lake County Minnesota, Lake of the Woods County Minnesota, Le Sueur County Minnesota, Lincoln County Minnesota
Lyon County Minnesota, Mahnomen County Minnesota, Marshall County Minnesota, Martin County Minnesota, McLeod County Minnesota, Meeker County Minnesota, Mille LacsRice County Minnesota, Morrison County Minnesota, Mower County Minnesota
Murray County Minnesota, Nicollet County Minnesota, Nobles County Minnesota, Norman County Minnesota, Olmsted County Minnesota, Otter Tail County Minnesota, Pennington County Minnesota, Pine County Minnesota, Pipestone County Minnesota, Polk County Minnesota, Pope County Minnesota, Ramsey County Minnesota, Red Lake County Minnesota, Redwood County Minnesota, Renville County Minnesota, Rock County Minnesota, Roseau County Minnesota, Scott County Minnesota, Sherburne County Minnesota, Sibley County Minnesota, St. Louis County Minnesota, Stearns County Minnesota, Steele County Minnesota, Stevens County Minnesota, Swift County Minnesota, Todd County Minnesota, Traverse County Minnesota, Wabasha County Minnesota, Wadena County Minnesota, Waseca County Minnesota, Washington County Minnesota, Watonwan County Minnesota, Wilkin County Minnesota, Winona County Minnesota, Wright County Minnesota, Yellow Medicine County Minnesota

Our team can assist with the following mortgage financing solutions:
FHA & VA Mortgages, Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Residential Mortgage, Residential Purchase Loan, Residential Refinance Loan, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Residential Mortgage Lending, Residential Purchase Lending, Residential Refinance Lending, Hard Money Lending, Private Money Lending, Asset Based Lending, Equity Lending, Collateral Based Lending

Minnesota HARD MONEY... Do you need it?

Your Trusted Finance — Fri, 28 Mar 2008 22:03:15 -0500

Hard Money

Private Money

Bridge Financing

So many names for the same thing...

Are you sure Hard Money is the answer?

Find out TODAY!

Located in:

Minneapolis, Minnesota

Brokering loans in all states all types

100% Financing

Your Trusted Finance — Fri, 28 Mar 2008 21:55:10 -0500

Lately I have got several questions from borrowers and real estate agents about 100% mortgage financing in MINNESOTA.

100% Mortgage Financing is difficult but possible!

However, CREDIT is more important. Less than 1 year ago I could get financing up to 100% for individuals with FICO scores as low as 526. Now, you need a minimum of a 620 FICO and 640, 660 or 680 FICO will make it easier.

If you have issues with your credit or the credit of your buyers visit us at: CREDIT RESTORATION

Mortgage Finance in Minnesota is changing everyday. It is important to keep up to the minute with all the changes. If you have any questions feel free to contact my TEAM!

Mike

Home and Garden Shows

Your Trusted Finance — Tue, 04 Mar 2008 21:18:18 -0600

Home and Garden Shows

Minneapolis & St Paul Home and Garden Shows

This time of year it is nice to get out of the house and walk around. With the weather the way it is I appreciate having a place like a Home and Garden show to spend some time with my wife.

It has only been a few months since my wife and I got married and bought our first house together. What I am learning is we both have different priorities when it comes to projects and the Home and Garden shows really bring those differences to the forefront.

My wife, Gwen, really wants the kitchen redone and the yard landscaped. If the entire house were to fall down leaving the yard and kitchen in tact I think she would be fine with that. For Gwen those two things are pretty much it other than painting.

I am just the opposite. If I get my way I will rip off the roof, add a bonus room, gut the entire house and completely remodel everything as long as I can stay with in my budget of $60 a square foot. That would bring our total cost of buying the home and remodeling up to fair market value for homes in my neighborhood. If I can do it for less all the better!

Walking around the Home and Garden Shows I saw a lot of the same thing. However, I did like the opportunity to learn about new products for saving energy and creating better structural integrity for home. Years ago I did construction for a living and I tend to think I know a thing or two and seeing how much things have changed in 8 to 10 years was kind of fun and humbling at the same time.

I would like to say thanks for all of the people and companies that spent the time and the money to do both the Minneapolis and St Paul Home and Garden shows. It was a good time. Now, my wife and I will need to decide what we want to spend our money on and how much.

Mike

Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Residential Mortgage, Residential Purchase Loan, Residential Refinance Loan, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Residential Mortgage Lending, Residential Purchase Lending, Residential Refinance Lending, Hard Money Lending, Private Money Lending, Asset Based Lending, Equity Lending, Collateral Based Lending

Your Trusted Finance
Located in:
Minneapolis, Minnesota
Brokering loans in all states all types

Please Comment

Your Trusted Finance — Fri, 29 Feb 2008 23:32:19 -0600

Minneapolis and surrounding area AGENTS!

Mortgage News!

It takes better credit now days

Hard Money in Minnesota & Wisconsin

Private Money (COMMERCIAL REAL ESTATE)

Please comment on these or any of my blogs. The more opinions I hear the better I do my job!

Best Wishes!

Your Finance and Mortgage Team

Located in:

Minneapolis, Minnesota

Brokering loans in all states all types

Minneapolis and surrounding area AGENTS!

Your Trusted Finance — Fri, 29 Feb 2008 23:21:31 -0600

I have got responses from all over the country now. NO MINNESOTA AGENTS YET!

What can I do to find an agent in Minnesota to send my business to?

Yes! I want your business in return. In march I have three closings and all are from referrals I sent agents. So far ZERO referrals back to me.

If there are any agents still doing business I want to send you buyers and in return I expect borrowers.

If that sounds fair please contact me.

Dax Dickson

612-578-9898

Mortgage News

Your Trusted Finance — Mon, 25 Feb 2008 14:10:54 -0600

Mortgage News!

Today I thought I would take a minute to just reflect on all of the changes in the mortgage and real estate industry.

WOW! Rates are great. However, it seems harder and harder to get people qualified for conforming mortgages. Even borrowers with FICO scores in the high 700's are being looked at with a microscope. Now days I think anyone with a score under 680 FICO should invest in Credit Restoration.

For all the people that bought homes a year ago the current real estate market is sad. On the other hand we have tons of investors and first time home buyers taking advantage of the great mortgage rates and low housing prices.

Buyers, home owners, agents and LO's a like, I would enjoy hearing your thought on what is happening out there. Please take a minute to comment with your thought.

Thanks!

Dax Dickson

Minnesota Real Estate Agents... Can I send you business?

Your Trusted Finance — Wed, 20 Feb 2008 21:22:32 -0600

I want to send you buyers.

Your Trusted Finance is a commercial and residential finance / mortgage company. We have been contacted by several buyers lately that do not have real estate agents. Previously, we were sending the business to a few agents and now that we are seeing more un-represented buyers I think our team needs to find more agents to work with.

If you are an agent that would like more buyers please respond to this email and call my office in the morning. (612)235-7474

Thanks!

Mike

Attention ALL Real Estate Agents and Brokers

Your Trusted Finance — Wed, 06 Feb 2008 22:24:17 -0600

How many LO's are trying to get your business?

I won't lie. I want your business too. Yeah, I close on time. Tons of my business comes from client referrals. I don't talk about sending buyers I do it.

It is all true but how many times have you heard that?

If you are not happy with the LO or LO's you are working with, what can I do differently?

You tell me how to earn your business and let me show you what I can do instead of tell you.

Talk is cheap!

Mike

It takes better credit now days

Your Trusted Finance — Tue, 05 Feb 2008 22:27:49 -0600

Yes! Now days it takes better credit to get clients the mortgages we used to be able to get ANYONE.

The solution I have found that works to get my borrowers credit improved 50 to 100 points is Credit Restoration. I have tried several other Credit Restoration companies over the years and Kara Jackson,owner of Credit Restoration, delivers what she promises. I would recommend anyone, LO's or Agents, that are having trouble get their borrowers and buyers qualified give Credit Restoration a shot.

Things are not as easy and we need to constantly find new ways to get mortgages closed and houses sold.

I wish you all the BEST and let me know how things work out!

Mike

Your Trusted Finance

About Us:

Please find listed below areas where we may be of assistance to you:

A.     Real Estate Services
   1. New Construction Financing
2. Land Development Financing
          3. Purchase Mortgage
4. Refinance Mortgage

B.     SBA Consulting
C.     Equity Finance
D.     Consulting Services

We think of ourselves as "Deal Makers" and want to provide you with the best possible service.

We look forward to working with you to achieve spectacular results and create customers for life.

Best Wishes!

Your Finance and Mortgage Team

Located in:

Minneapolis, Minnesota

Brokering loans in all states all types

State of the market!

Your Trusted Finance — Tue, 05 Feb 2008 22:04:15 -0600

What do you think?

This is what I want to know.

Lately, the market has been picking up. I am not sure if there is less business or fewer LO's and Agents fighting for it. Some of my newer clients have said they worked with the same mortgage guy for years and now he/she is out of the business. If people are leaving the industry I wish them the best. It does not matter if you do residential mortgages, commercial finance, hard money finance, residential real estate or commercial there is always business for those willing to stick it out and work.

This is what I think.

So, what do you?

Mike