- Name
- Ryan Nickel
- Company
- Cherry Creek Mortqage Company
- E-mail
- Contact Ryan Nickel (Cherry Creek Mortqage Company)
- Website
- http://www.treasuretomorrow.com
- Office Phone
- (208) 356-0707
- Fax
- (208) 359-1616
- Address
- 859 S. Yellowstone Hwy., Suite 205 A, Rexburg, ID, 83440
- Description
- Helping families turn their real estate debt today into their treasure tomorrow.
CMPS
Who cares?
That's what a lot of people say when someone says they're in the mortgage industry. So what makes me different? Read on to find out...
Ryan is one of the most advanced mortgage planners in the nation with his wealth creating strategies to help families turn their real estate debt today into their treasure tomorrow. Taking a unique approach that typical loan officers either don't know about or don't understand. Ryan has been able to help families use their mortgage as a financial planning tool to create wealth by intergrating their mortgage into their overall long and short-term financial plan.
What if you don't have the mean necessary to start this kind of mortgage planning?
Usually, families that say this are those that are already paying too much in interest because of poor buying habits or unfortunate life events. Not to worry. Ryan has teamed up with one of the nations best rated credit restoration agencies in the nation. Ryan has teamed up with the 720 Fico Club. You can get more information about them at www.720ficoclub.com. In most cases it only takes 6 months of clean up and habit reforming to become a member of the 720 Fico Club.
Ryan also has a hit radio show every Thursday morning from 8:00-8:30am on 98.1 FM and from 8:30-9:00am on Hot 106.1 FM. Many listeners like to email Ryan at info@treasuretomorrow.com about investing in real estate, credit remediation and other financial questions so he can answer them on the show.
What can't Ryan do?
Commercial Lending, Credit Miracles, Help families who aren't willing to help themselves and work well with rate shoppers.
If you are Shopping Around?
Here's The Inside Scoop On How To Do It Right!
First: make sure you are working with an experienced, professional loan officer. The largest
financial transaction of your life is far too important to place into the hands of someone who
is not capable of advising you properly and troubleshooting the issues that may arise along the
way. But how can you tell?
Here are FOUR SIMPLE QUESTIONS YOUR LENDER ABSOLUTELY MUST BE ABLE TO
ANSWER CORRECTLY. IF THEY DO NOT KNOW THE ANSWERS... RUN... DON'T
WALK... RUN... TO A LENDER THAT DOES!
1) What are mortgage interest rates based on?
The only correct answer is Mortgage Backed Securities or Mortgage Bonds, NOT the 10-year
Treasury Note or Prime Rate. While the 10-year Treasury Note sometimes trends in the same
direction as Mortgage Bonds, it is not unusual to see them move in completely opposite directions.
DO NOT work with a lender who has their eyes on the wrong indicators.
2) What is the next Economic Report or event that could cause interest rate movement?
A professional lender will have this at their fingertips. For an up-to-date calendar of
weekly economic reports and events that may cause rates to fluctuate, you can email
me ryan@treasuretomorrow.com and I'll update you.
3) When Bernanke and the Fed "change rates", what does this mean... and what impact
does this have on mortgage interest rates?
The answer may surprise you. When the Fed makes a move, they are changing a rate
called the "Fed Funds Rate". This is a very short-term rate that impacts credit cards,
credit lines, auto loans and the like. Mortgage rates most often will actually move in the
opposite direction as the Fed change, due to the dynamics within the financial markets. For
more information and explanation, just give us a call.
4) What is happening in the market today and what do you see in the near future?
If a lender cannot explain how Mortgage Bonds and interest rates are moving at the present
time, as well as what is coming up in the near future, you are talking with someone who is
still reading last week's newspaper, and probably not a professional with whom to entrust
your home mortgage financing.
Be smart... Ask questions... Get answers!
More than likely, this is one of the largest and most important financial transactions you will
ever make. You might do this only four or five times in your entire life... but we do this every
single day. It's your home and your future. It's our profession and our passion. We're ready
to work for your best interest!
Shopping Around? (Part II)
Here's The Inside Scoop On How To Do It Right!
Once you are satisfied that you are working with a top-quality professional mortgage advisor,
here are the rules and secrets you must know to "shop" effectively.
IF IT SEEMS TO GOOD TO BE TRUE, IT PROBABLY IS.
But you didn't really need us to tell you that, did you? Mortgage money and interest rates all come from the
same places, and if something sounds really unbelievable, better ask a few more questions and find the hook.
Is there a prepayment penalty? If the rate seems incredible, are there extra fees? What is the length of the lock
in? If fees are discounted, is it built into a higher interest rate?
YOU GET WHAT YOU PAY FOR.
If you are looking for the cheapest deal out there, understand that you are placing a hugely important process
into the hands of the lowest bidder. Best case, expect very little advice, experience and personal service. Worst
case, expect that you may not close at all. All too often, you don't know until it's too late that cheapest isn't
BEST. But if you want the cheapest quote - head on out to the Internet, and we wish you good luck. Just remember
that if you've heard any horror stories from family members, friends or coworkers about missed closing
dates, or big surprise changes at the last minute on interest rate or costs...these are often due to working
with discount or internet lenders who may have a serious lack of experience. Most importantly, remember
that the cheapest rate on the wrong strategy can cost you thousands more in the long run. This is the largest
financial transaction most people will make in their lifetime. That being said - we are not the cheapest. Of
course our rates and costs are very competitive, but we have also invested in the systems and team we need to
ensure the top quality experience that you deserve.
MAKE CORRECT COMPARISONS.
When looking at estimates, don't simply look at the bottom line. You absolutely must compare lender fees to
lender fees, as these are the only ones that the lender controls. And make sure lender fees are not "hidden"
down amongst the title or state fees. A lender is responsible for quoting other fees involved with a mortgage
loan, but since they are third party fees - they are often under-quoted up front by a lender to make their bottom
line appear lower, since they know that many consumers are not educated to NOT simply look at the
bottom line! APR? Easily manipulated as well, and worthless as a tool of comparison.
UNDERSTAND THAT INTEREST RATES AND CLOSING COSTS GO HAND IN HAND.
This means that you can have any interest rate that you want - but you may pay more in costs if the rate is
lower than the norm. On the other hand, you can pay discounted fees, reduced fees, or even no fees at all -
but understand that this comes at the expense of a higher interest rate. Either of these balances might be right
for you, or perhaps somewhere in between. It all depends on what your financial goals are. A professional
lender will be able to offer the best advice and options in terms of the balance between interest rate and closing
costs that correctly fits your personal goals.
UNDERSTAND THAT INTEREST RATES CAN CHANGE DAILY, EVEN HOURLY.
This means that if you are comparing lender rates and fees - this is a moving target on an hourly basis. For
example, if you have two lenders that you just can't decide between and want a quote from each - you must
get this quote at the exact same time on the exact same day with the exact same terms or it will not be an
accurate comparison. You also must know the length of the lock you are looking for, since longer rate locks
typically have slightly higher rates.
Again, our advice to you is to be smart. Ask questions. Get answers.
As you can imagine, we wouldn't be encouraging you to shop around if we weren't pretty confident
that we feel that we can give you a great value and serve you the very best.
Maybe you've heard
Read what clients are saying about Ryan Nickel...
"Ryan was friendly and easy to work with, knowledgeable, and he gave me great advice for my specific situation. He
made the whole process seem very easy. It was a pleasure working with him and I will definitely use his services again."
-Edith Hounshel, School Teacher
Eagle Rock Junior High
"Ryan was great to work with. His open communication really helped to make the mortgage process smooth and easy. I was not
the only one who appreciated his proactive approach - at closing everyone in the room agreed that Ryan did a phenomenal job to
make sure everything went well. I appreciated working with such a capable person and would have no hesitation to work with him
again and recommend him to others."
-Horace Renfro, Aberdeen, ID
"It is very important to me that closings go smoothly. I am guaranteed this with Ryan as the loan officer. The loan documents and
closing funds always arrive on time, if not days in advance. Ryan is highly motivated and very well organized. He is an excellent
communicator. He stays in contact with his customers and the title company to ensure a smooth and trouble-free closing. Ryan is
an asset to Cherry Creek Mortgage Company. I highly recommend him as a loan officer."
-Andrea Chamberlain, Closer
Alliance Title, LLC
"We worked with Ryan in July of 2005 to purchase our home. Ryan made the process very easy, kept us updated, and delivered
exactly what he promised. We were moving out from Tennessee and he went as far as to make arrangements for us to stay
in a motel that would allow pets prior to our arrival. We will definitely call him again if we choose to move and will happily refer
our friends and co-workers to him when we have the chance."
-Mike and Nancy Drake, Idaho Falls, ID
"I wanted my first home purchase to be trouble free and Ryan made sure it was just that. His courtesy, professionalism, and industry
knowledge provided for an excellent experience. We decided to go with Ryan over a family member who is in the business
and I would suggest that you do the same. I couldn't have asked for better service."
-Susan and Howard Overton, St. Anthony, ID
"Our lending experience with Ryan representing the lender was one of the highlights of our move. It is comforting to know that
there are lenders out there that truly have their clients' interests in mind. We contacted Ryan after being referred by our realtor.
After a quick phone call, and in less than 5 hours, we were pre-approved for the amount we were targeting. Ryan then offered us
multiple financing options and worked with us to decide what was best for our situation. When we had questions, answers were
never more than a short phone call or e-mail away. Our timeline to close was tight, and Ryan and his team completed our mortgage
package in less than 15 days after another lender in mid process told us that we didn't qualify. Ryan was always ready for the
next step and worked diligently for us through the entire process. The closing was remarkably smooth, and we are very happy in
our new home. Ryan has stayed in touch with us to this day and responds to our questions about financing and lending without
hesitation, even though we are settled in our home. Ryan earned more than just our business; he earned our respect and trust."
-LG and Chaune Bumgarner, Blackfoot, ID
"The service was top-notch. Ryan worked with our Realtor and also found the best combination of loans to suit our needs. I
would and will recommend him to my friends and family."
-Joseph Corbett, Financial Advisor
