Understand the Loan Process from start to finish in 60 seconds!

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Services for Real Estate Pros with Coldwell Banker Global Luxury CalBRE# 01379585

If you would like to understand the Loan Process from start to finish just take a look at this picture.  Loans aren't all that complicated; in fact the process is quite straightforward.  (Each car shown is a loan in process

Email me rwpickettloans@cox.net with any questions - Let me make it easy for you!

Loan Tracker Raceway

© 2003-2007 Enhanced Home Impressions Inc.  All Rights Reserved.

www.ronpickett.com

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Rainer
165,359
Leon Austin
Mobile Notary Services - Colorado Springs, CO
Colorado Springs Mobile Notary

What do the abbreviations PTD and PTF stand for? Thanks.

 

 

May 23, 2007 04:28 AM #1
Anonymous
Geoffrey
Wow, that is a cool way to look at it.  It still seems like a lot of work... How do the cars pieces stick on the track?
May 23, 2007 04:35 AM #2
Rainer
24,623
Ron Pickett
Coldwell Banker Global Luxury - Laguna Beach, CA
REALTOR® Coldwell Banker Laguna Beach
Thanks for the feedback Leon Austin

PTD: Initial loan approval subject to a list of conditions which must be satisfied PRIOR TO DRAWING up the loan documents.

PTF: A list of conditions which must be satisfied or excepted PRIOR TO FUNDING the loan.

May 23, 2007 04:47 AM #3
Rainer
24,623
Ron Pickett
Coldwell Banker Global Luxury - Laguna Beach, CA
REALTOR® Coldwell Banker Laguna Beach

Geoffrey, thanks for your questions. 

Loans ARE work and the loan officer and Realtor only get paid if you get what you want and we close escrow, but it certainly is rewarding at closing.

The cars are magnetic and the picture you saw is a painting mounted onto a magnetic board.

If you have a mortgage or refinancing need, be sure to contact me! 

 

May 23, 2007 04:53 AM #4
Rainmaker
238,761
Marlene Bridges
Village Real Estate Services, Inc. - Laguna Hills, CA
Laguna Homes|Laguna Condos|Laguna Real Estate

I know what this is!!!  I had the great pleasure of meeting with Ron in his office yesterday and got to see this wonderful piece of art and perfect visual tool.  Ron, You are such a delight.  You have such a disctively different approach to lending.  I'm looking forward to sending my clients to you knowing they will get the utmost respect and care!

I gave you a 5 on this one!

May 23, 2007 05:35 PM #5
Rainer
24,623
Ron Pickett
Coldwell Banker Global Luxury - Laguna Beach, CA
REALTOR® Coldwell Banker Laguna Beach

Thank You for the kind words Marlene Bridges, I will ensure we always close on time and the lending side of the transaction is hassle - free! 

May 24, 2007 06:28 AM #6
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Rainer
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Ron Pickett

REALTOR® Coldwell Banker Laguna Beach
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