You read correctly.
My Goal in 2009 is to save Home Buyers in New Jersey... $1,000,000.00 in one year!
Objective is to help save every borrower: $100.00 to $200 per month.
For Example, on jumbo conventional loans: $750,000 Loan; most competitors would give them a 5.375%; a monthly payment of: $4,200.00/month... If I offer that same customer a 5.000%; a monthly payment of $4,027.50 I'll save this customer $172.50/month x's 12= $2,070.00/year!
Or on FHA's, $315,000 loan at a 6.00% $1,890/month and If I give them a 5.25% that's $1,741.95; a savings of $148.05/month x's 12= $1,776.60/year!
If the Average between the two above is $160.00 a month x's 12 months= $1,920.00/year.
That's 521 borrowers I must close in one year to achieve this goal!!
It can and will be done! :))
Best,
Victor M. Jaramillo
Omega Financial
Sales Manager/Mortgage Consultant
1872 Morris Ave
Union, NJ 07083
(908) 933-0253 Ext. 328
(908) 296-0966 Cell
E: vjaramillo@omegafunding.net
W: www.FhaOmega.com
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FHA-Conventional-Commercial
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Victor,
Good luck with your goal. Keep us posted.