realtor: Will the Real Loan Officer Please Stand-Up? - 04/16/09 06:53 AM
I have to write about this nutty last 2 days! I get an email from a Loan Officer that knows me from my Loan Processing Service and asks me to call another loan officer about a file. So, I contact the Loan Officer #2, that says that she has an FHA loan that needs help. Loan Officer #1 asks me to call the Real Estate Agent.
I call the agent and she says she needs a Clear to Close on this file ASAP. She sends me the Purchase Agreement and the contract was signed at the beginning of March. I call … (0 comments)

realtor: How Long Have You Been In the Business? - 10/10/08 01:15 PM
A common question. I recently met some new realtors and was asked this question. My answer, since 1991 when I started working for Great Western Financial. At that time, a huge S & L on the West Coast. I was put through rigorous training in processing, underwriting and operations. I am grateful for that foundation of training and mentoring experience that I was put through.
That company is out of business and largely became Washington Mutual today and may be out, as we speak, now. Bottom line, it was not enough for the realtor that I met. She said, "Oh, that's … (2 comments)

realtor: How Your Clients Credit Report is Sold As a Hot Lead - 10/07/08 11:47 AM
Did you know that when a mortgage company, car dealership, department store, etc. pulls your credit report that it is instantly sold to another company as a Hot Lead?
Yes, that's right. It's called a Trigger Lead. These leads are expensive and very popular with mortgage companies. The information can include your phone number and address, what loan amount your applying for and your current loan balances. Have you been in the middle of a transaction, say a week before closing and the buyer is talking about using a new mortgage company?
This could likely be the result of a trigger … (0 comments)

realtor: Why would a Realtor Refuse to do an Open House? - 03/08/08 01:52 PM
I am a mortgage broker and recently sat down with a nice couple that is engaged to be married May 31st. They both have homes listed with the same agent. They came to me to be Pre-approved for a loan.
They ask me if they can advertise and hold their own Open Houses next weekend because their agents refuses to do it. He said to them that he doesn't believe that they work and their too much trouble for him on a Sunday. Is this guy lazy or is this common? I am just wondering. I know that the agents that … (7 comments)

realtor: Attention Seasoned Realtors and Professionals: Please help me with ad content, what works best? - 02/28/08 01:27 AM
I am moving forward with a Grocery Store Marketing program. The ad will run from May to October, it is a 2ft x 2ft size ad that will be above a very large bulletin type of board. The board will feature a store map, coupons and specials items on sale and other local newsletters, etc. I will have a bin to put take away materials in too.
┬áThis is pretty inexpensive so I thought the exposure of 28,000 families per week was cost effective. I am a mortgage broker in Michigan. It is a declining market and refinance business has been close … (5 comments)


Julie Hite

West Bloomfield, MI

More about me…

Guaranteed Home Mortgage Company, Inc.

Office: (248) 539-5937

Fax: (248) 539-5938



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