fox valley mortgage: Did you miss the 36 hour Refi Boomlet? - 02/02/08 03:25 AM
Did you miss the 36 hour Refi Boomlet?  Did you have a lot of customers complaining because they missed it too?  This has happened 3 times in the last 5 months.  Don't let it happen again.
How about establishing a "Pre-Pipeline"?  Give your past customers an "added value" of joining your Pre-Pipeline.  Get them ready to go, so they AND YOU won't miss the next Refi Boomlet.
You should ALWAYS find an opportunity to contact your past customers with added value.
In today's challenging market, staying one step ahead of the competition can be the degree of separation between the successful lender and the … (12 comments)

fox valley mortgage: FHA Streamline Submission Checklist - 02/02/08 03:22 AM
With rates dropping, and expected to continue to drop, we're going to see more demand for FHA Streamlines (non-credit qualifying rate/term refinances of borrowers who currently have an FHA loan).   
Below is some general information on them, and a Submission Checklist
 
Appraisal not required if loan amount does not exceed original loan amount DU Findings are not required Employment information is required on the 1003 Income and Assets are not required on the 1003 Max 1x30 on the Mortgage last 12 months Must be 0x30 at closing Max $250 cash out VOM required at Submission Not allowed in Colorado, Minnesota, Nevada, … (7 comments)

fox valley mortgage: FHA Streamline Submission Checklist - 02/02/08 03:19 AM
With rates dropping, and expected to continue to drop, we're going to see more demand for FHA Streamlines (non-credit qualifying rate/term refinances of borrowers who currently have an FHA loan).   
Below is some general information on them, and a Submission Checklist
Appraisal not required if loan amount does not exceed original loan amount DU Findings are not required Employment information is required on the 1003 Income and Assets are not required on the 1003 Max 1x30 on the Mortgage last 12 months Must be 0x30 at closing Max $250 cash out VOM required at Submission Not allowed in Colorado, Minnesota, Nevada, … (3 comments)

 

Kris Krajecki

Mortgage Broker Huntley, IL

Huntley, IL

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Kris Krajecki - FOX VALLEY MORTGAGE - Huntley, IL

Office: (847) 426-3431

Mobile: (630) 347-6321

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