Dominick's Blog

I currnetly have 4 loans with the same lender from the time i priced 1 of thos eloans out till the time it got submitted i lost almost .50 in YSP on a 460k loan.....thats $2300 out of my pocket Since i do have the 4 loans in(totalling about 2 mil) and i consistantly submit loans into this lender ...

Licensed Mortgage bankerNY/NJ/CT/FLImmediate positions availableExcelent LocationsExcellent Commision SplitsExcellent Lead HelpExcellent Working enviormentTop Notch Inside staffCompany is mainly located in Nassau and suffolk as well as some of the burroughs. We are expanding our reach and are loo...

I got a rate quote from a lender for my client and basically sold him on the deal. The AE for the lender then comes back and says if i sturctured it this way i would get better pricing so i followed his advice and my processor put in the loan the way he suggested. Bottom line is he totally messe3...

I did a loan for a woman. worked w her for months to improve her credit so she can get 100% CLTV and a good rate. Finally got her score up to 650 range. Got her the loan....on paper she coud afford it DTI under 40% i told hetr not to overextend herself after she closed what does she do? go buy al...

Have you ever done a favor for someone. LO"s do a loan for less tha usual cause friend. RE agents take less for listing house of friend. Then that friend who alreadyt knows you are doing the deal for 1/2 normal rate still wants more? Happening to me as we speak. I basically said "not to be rude (...

Im a Mortgage Banker licensed in many states. I am NOT licensed in NV since it is a "brick and mortar" state. I have a client looking to refi his 2nd home in NV. I connected with another active rain member who does loans in that state. We are currently working on getting the deal closed together ...

If you know anyone who is looking for a house in Cold Spring NY here is a beautiful one. My friends are downsizing. They bought this gorgeous HUGE home but do not expect a big family so they dont see the point in having something this big. They are selling it They are willing to give a commsion t...

Im at a loss on how to motivate some of my LO';s who are not producing. I really dont want to be a "bad guy" and im trying everything to get some of my guys to really produce. I make suggestions, give them access to my personal adv tools, make rounds with them sometimes to visit realtors.....basi...

I will need some good closing attys to handle closings for my company. I dont know any in the area so i am looking towards the group to help me out and rec some people they know or have iused in the past to handle closings If you know the fee they charge that would be helpful as well I appreciate...

If you are an atty or have dealt with any that you can rec. please get back to me. The attys i normally use seem to be a bit overwhelmed as of late and i would like to get at least 2 more signed on to close for me DOMINICK GACCINOBranch ManagerFirst Suffolk Mortgage Corp914-391-2388dgaccino@yahoo...