Eric Lawrence Frazier MBA, Founder and CEO of The Power Is Now, Inc. (The Power Is Now, Inc. NMLS #1435243 CalBRE #1980407)
DRE 01143484 NMLS 461807

3739 6th Street

Riverside , CA 92501


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President | CEO | Broker The Power is Now Inc. President/CEO Ask me questions about Lending or Real Estate. With 37 years in the business I know I can help you.

Get to know Eric Lawrence Frazier MBA

Click Here to Learn About The Power Is Now, Inc.

Mr. Frazier is known nationally as mortgage banking and brokerage professional with 37 years of experience in sales management, operations, and marketing. He also has over 27 years of experience in real estate as a licensed California Real Estate Agent and 17 years as Broker DRE 01143484, in addition to 37 years in mortgage lending as a mortgage banker and licensed Mortgage broker NMLS 461807.

Mr. Frazier is a graduate of Redlands University in Redlands, California. He has an MBA with an emphasis in finance, and a BS in business administration and management. He is an adjunct professor at University of California Riverside, where he teaches e-commerce, and he has lectured on the U.S. mortgage crises to international business and political leaders.

He and his wife Ruby L. Frazier are founders of Frazier Group Reality (www.fraziergrouprealty.com) in Riverside, CA, a full-service, family-owned and family-operated real estate brokerage since May 6th, 2006. His greatest accomplishment is being married to the love of his life, Ruby Lee Gordon Frazier, for 37 years and being the father of four daughters. His oldest three daughters Jessica, Briana and Erica have master’s degrees in management and business, and his youngest daughter Raela has a BS degree from  Cal Poly Pomona.  He is also a grandfather to two daughters Carrah and Chole Cannon and one grandson Cameron.  Family is everything to Eric & Ruby Frazier.

COMMUNITY ORGANIZATIONS

Mr. Frazier is on the board of directors of the Riverside Fair Housing Council (www.fairhousingcouncil.net). Fair Housing Council of Riverside County, Inc. (FHCRC) is a non-profit organization that fights to protect the housing rights of all individuals. This organization, approved by the Department of Housing and Urban Development (HUD), works with government offices to ensure Fair Housing laws are upheld

He is on the board of directors of Project Tomorrow (www.tomorrow.org) a national education nonprofit organization, certified by the IRS and the State of California as a 501.c.3 nonprofit organization, with a 19-year history of impacting education.

He is a member of the 100 Black Men of Orange County and a member NAACP in Orange County chapter, and CEO and executive pastor of the North Fontana Church.

He has held the following positions in the past: President/chairman and director of the State of California African American Museum (www.caamuseum.org) CAAM’s mission is to research, collect, preserve, and interpret for public enrichment the history, art and culture of African Americans with an emphasis on California and the western United States.

REAL ESTATE TRADE ORGANIZATIONS

He is a member of the following Real Estate Trade organizations: the Pacific West Realtors Association of Realtors, Oakland Berkeley Association of Realtors, Inland Valley Association of Realtors, Murrieta Association of Realtors, San Diego Association of Realtors, National Association of Mortgage Professionals, Delta board.

He is has held the following positions in the past: vice president of the Orange County National Association of Hispanic Real Estate Professionals, a former advisory board member of the Orange County Asian Real Estate Association of America Orange, advisory board member of the Black Chamber of Commerce in Orange County. He is a former president of the African American Association of REO Brokers., and past advisory board member of Open Door Institute.

PASSIONS AND PURPOSE

Mr. Frazier is a pastor/teacher and spiritual leader, author, singer, poet, and songwriter. He is a blogger, motivational speaker, business consultant, coach for profit and non-profit companies, and active community leader. He enjoys golf, running, and jazz music. Mr. Frazier strives to be a role model for young African American men and women and enjoys mentoring and coaching both the young and old. He believes his purpose on earth is the lead and to inspire people to maximize their talents, to achieve their potential and to live their best life.

 

Eric Lawrence Frazier MBA's Blog Posts

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Certifications

Eric Lawrence Frazier, MBA

NMLS# 461807

Summary of Qualifications

37 years of strong and diverse experience in progressively responsible positions in sales and management.  Strong background includes: Sales, Management, Cost Center Responsibilities, Underwriting, Loan Processing,Operations, Human Resources, Customer Relations, Training and Developing Loan Consultants, Business and Marketing Plans.  Extensive knowledge in all types of mortgages – fixed to variable, purchase and refinance transactions, FHA and VA, City and Government Down Payment Assistance Programs. Expertise in market segmentation; development and implementation of winning sales strategies; establishing realtor relationships and conducting investor and realtor seminars. Extensive knowledge of Federal lending, compliance laws regarding the underwriting and origination of residential and consumer loans. Expertise in training and compliance to laws relation to Consumer privacy, ECOA, HMDA, Fair Lending loan servicing, federal regulation regarding disclosure, underwriting and loan originations. Proficient in building strong business relationships, identifying needs, and networking with other business partners for solution development, project management, special training projects, training design and implementation. Active and cooperative management team member with input into planning, budgeting, forecasting, sales strategies and policy decisions. Excellent communication and interpersonal skills; interact well with staff at all levels, and with groups of wide social, cultural, and educational diversity. Hire, train and supervise dynamic and aggressive sales professionals; develop enthusiastic and efficient teams; able to develop each individual to achieve their highest potential. Effective trainer and public speaker:  Teach and practice proven sales and promotional techniques.  Address small and large groups for sales, motivation, business presentations and prospecting.  Develop loyal business partner relationships and easily gain the confidence of others.  Analytical; able to make complex technical concepts understandable; creative vision; strong writing skills; professional, with a strong work ethic and commitment to excellence.

Outstanding Record of Achievement as a Lending Professional

Ranked number one in % of Purchase business in North Orange Market 2011 – 41% Ranked number three in units and volume in the So Cal Metro Area - 2010 Ranked number one in Units and Volume in the So Cal Metro Area – 2009 Ranked number one in So Cal Area as BM in Personal Production – 25 million 90% Pur. Vo. – 2009 Highest customer service scores in the branch in personal production - 2009 Presidents Club Award – 2004, 2005, 2006 and 2007 National Home Loan Center Manager of the Year for 2006 Ranked Number One in Units and Volume production in the Orange/ San Diego Region in 2004, 2005, 2006 and 2007 Ranked third in Southern Area and the nation on overall production from 2004 to present Wrote and presented an Adjustable Rate Mortgage Presentation at the Spring Campaign 2004 Washington Mutual Impact Player of the Quarter for the 1st Quarter 2003 Southern Area Home Center of the Month 2/07, 11/07 in the Southern Region Home Center of the Month 6/06, 9/06, 10/06, in the Southern Region Home Center of the Month 3/05, 6/05, 9/05, in the Southern Region Home Center of the Month 1/04, 2/04, 3/04, 4/04, in the Southern Region Home Center of the Month 2/03, 3/03, 4/03, 12/03 in the Southern Region Home Loan Center Goal Achievements, 2000 and 1999, 20 Million Dollar Club, 3/99 Top Recruiter for Orange County Region 2003 to present Named Top Recruiter for the Los Angeles Central Region for 1999 and 2000 Mortgage Training Certification in FHA & VA Financing, 11/00 and 6/97  Extraordinary Sales Leadership, 2000 Certification, Cohen Brown Management Group, 1/99  Leadership Skills Masters Program Certificate of Achievement, 11/99  Highest Percentage of Goal Achievement Awards, 11/99, 9/98, and 4/98  Resolution from Governor Pete Wilson for Religious & Community Leadership, 12/96  Resolution from President William J. Clinton for Religious & Community Leadership 9/96  Appointment and commission member to Board of Directors of the California African American Museum by Governor Arnold Schwarzenegger 10/06 Congressional Recognition for Exemplary Leadership in the Santa Ana Real Estate Community 8/06 Successfully revitalized the Anaheim HLC in 1997; oversaw the relocation to Brea and established a Diamond Bar satellite. The office has grown since 1997 funding an average of 4 million monthly to the current average of 95 million monthly Successfully managed Great Western and American Savings Bank for 8 months during their acquisition and integration by Washington Mutual, while increasing production and retaining current GW and ASB Loan Consultants

 

Professional Experience

Eric Lawrence Frazier MBA  , Riverside, CA

Mortgage Broker NMLS 1273606                      March 1st, 2015  to Present

www.ericfrazier.com

Mortgage Broker NMLS # 461708 & Real Estate Broker CA BRE #01143484

Responsible for personal mortgage production; solicitation of residential mortgages, and

commercial loans from the Power Is Now Network and various sources including Realtors,

builders, financial professionals, past customers and other nontraditional sources.

 

The Power Is Now, Inc.

President/CEO                                                  August 20, 2009  to Present

Founder and CEO of a national real estate radio show that seeks to educate and motivate real estate professionals and consumers about buying and selling real estate. The Power Is Now uses online radio as its platform to broadcast real estate related news, biographical interviews with successful real estate agents, real estate related training and general information, special interviews with industry leaders, and provide Power Is Now branded coaching and business support services. We serve consumer and Property, Real Estate, & Community Association Managers, Appraisers/Assessors of Real Estate, Real Estate Brokers, and Real Estate Sales Agents throughout the United States.

Intercap Lending, Aliso Viejo, CA

National Sales Manager                                         Jan. 2,  2014  to Dec. 2, 2014

Responsible for growing loan production along with operational excellence for the Riverside and Orange County Markets.  Responsible for recruiting, managing, coaching, and motivating a staff of Home Mortgage Consultants (HMCs) to meet sales production goals. Responsible to ensure that HMC staff is compliant with Primelending’s origination standards, regulations, and policies related to loan production;   Responsible for personal mortgage production; solicitation of residential mortgages from various sources including realtors, builders, financial professionals, past customers and other nontraditional sources.

PrimeLending a PlansCapital Bank, Corona, CA

Production Manager                                    October 21, 2012 to June 1, 2013

Responsible for growing loan production along with operational excellence for the Riverside and Orange County Markets.  Responsible for recruiting, managing, coaching, and motivating a staff of Home Mortgage Consultants (HMCs) to meet sales production goals. Responsible to ensure that HMC staff is compliant with Primelending’s origination standards, regulations, and policies related to loan production;   Responsible for personal mortgage production; solicitation of residential mortgages from various sources including realtors, builders, financial professionals, past customers and other nontraditional sources.

WELLS FARGO BANK, LA HABRA, CA

AVP and Branch Manager                             June 16, 2008 to March 30, 2012

Responsible for loan production and operational compliance for the North Orange County Markets La Habra Home Mortgage Center.  Manage and approve all underwriting and appraisal arbitrations.  Develop and maintain a thorough understanding of the lending territory and market.    Conduct weekly sales training and accountability meeting for sales staff.  Responsible for directing and managing the sales activities of the branch so that efficient customer service is provided and quality loans are generated.  Responsible for managing, coaching, and motivating a staff of Home Mortgage Consultants (HMCs) to meet sales production goals; ensure that HMC staff is compliant with Wells Fargo Home Mortgage standards, regulations, and policies related to loan production;   Responsible for personal mortgage production; solicitation of residential mortgages from various sources including realtors, builders, financial professionals, past customers and other nontraditional sources.

WASHINGTON MUTUAL, BUENA PARK, CA

Vice President and Senior Loan Center Manager              Jan 97-June 15, 2008

Responsible for loan production and operational compliance for the Brea, Buena Park, La Habra and formally two Santa Ana satellite Home Loan Centers.  Consistently exceed annual production goals in all categories. Average funded volume over 1 billion dollars per year from 2003 to 2007.  Develop marketing strategies, presentations and business development for the entire sales team.  Assure compliance with prescribed operational procedures and standards.  I was an instrumental member in the development of lending practices, procedures, operational goals for the Loan Centers.  Assure optimum application of loan standard and utilization of all resources.  Manage and approve all underwriting and appraisal arbitrations.  Develop and maintain a thorough understanding of the lending territory and market.  Conduct training meetings and certification for Fair Lending, ECOA and HMDA regulations.  Conduct weekly sales training and accountability meeting for sales staff.  Participate in quarterly home improvement shows and business expositions.  Conduct monthly Realtor seminars for 80 to 100 Realtors.  Established Santa Ana Caravan and Marketing Session for Realtors called Rally and Ride Inc.

HOME SAVINGS OF AMERICA, IRWINDALE, CA

Consumer Lending Regional Manager                                     May 95-Nov 97      

Took the leadership role in the start-up operation of the Consumer Lending Sales Division for Home Savings; Accountable for overseeing the Consumer Lending activities of 30-35 Financial Centers.  Accountable for training, and cross-training of existing Financial Center managers and CLO’s.  Acting liaison between Group Sales Directors and the Consumer Lending Division Manager.  Hired and trained Community Lending Officers in each Financial Service Center.  Set goals and completed evaluations on FC lending activity and Consumer Loan Officer’s productivity.  Funded 10-15 million per month in consumer loans in territories ranging from South Orange County to San Bernardino County.

 

HOME SAVINGS OF AMERICA, PASADENA, CA

Assistant Vice President and Assistant Loan Manager             Aug 94-May 95  

Loan Authority for 1st trust deeds and open end loans.   Managed Home Loan Centers all over Los Angeles County.  Managed all phases of operations, underwriting, and originations.  Managed sale of R.E.O.’s from start to final disposition of the properties.  Reviewed and assured accuracy of appraisals, and the adherence to compliance rules and Bank policies.  Participated in community and charitable events and to foster sales and promote the Home Loan Center.  Effective and efficient in underwriting and reducing turn around time of all loans.  Provided support, guidance, counseling, and training for the Loan Consultant in marketing, territory management, and underwriting techniques; provide support for Realtor and Broker office presentations.  Prepared monthly management sales report for senior management.

FIRST FIDELITY FINANCIAL, MONTCLAIR, CA

Mortgage Banker and Broker, President/CEO             Mar 92 - Aug 94             

Hired and developed 40 Loan Officers who funded an average of 10 million a month.  Interfaced with various investors and lending institutions.  Negotiated special pricing, volume incentive, and lines of credit with various investors.  Developed a variety of lending programs, pricing, loan production, and statistical data reports.  Managed all Human Resources matters including employee evaluations.  Prepared budgets and monitored budget variances.  Assisted Agents in developing business plans and strategies for success.  Established lending territories for branches and Loan Agents.  Developed training programs for Loan Officers and Sales Management.  Successfully developed various company policies regarding personal and production goals for all staff.  Responsible for HUD and D.R.E. audits, trust accounts, and federal regulatory issues.  Coordinated efforts of Marketing and Advertising Departments for sales support and marketing collateral.

GREAT AMERICAN MORTGAGE, RANCHO CUCAMONGA, CA

Mortgage Banker and Broker, VP Manager                                Aug 90-Mar 92

Hired and developed 30 Loan Officers who funded an average of 15 million a month.  Established various funding sources and warehouse lines for FHA & VA loans, as well as a wholesale department and funding sources for 4-party originations.  Oversaw administrative and production activities of Loan Agents, and the recruitment and training of underwriters, processors, and funders.  Coordinated marketing and advertising departments’ efforts for sales support and marketing collateral.  Implemented marketing and advertising strategies.  Developed training and motivation programs for Loan Agents.  Oversaw Human Resources matters including employee evaluations.  Directed budget preparation; monitored budget variances, loan production and statistical data reports.  Directed the development of business plans and strategies for market segmentation and penetration.  Assured all compliance and regulatory issues, responded to HUD and D.R.E. audits, and was responsible for all community involvement and speaking engagements.

 

SECURITY PACIFIC FINANCIAL SERVICES, INC. SANTA ANA, CA

Consumer Finance Lender, Branch Mgr/Wholesale Executive                          Feb 89-July 90

Had loan approval authority to $300,000.  Implemented marketing and advertising strategies.  Prepared budget and investigated budget variances and compliance.  Managed underwriting and gave final approval of all real estate and consumer loans.  Purchased Funded Receivable accounts throughout California, sold Finance dealer accounts with many retail establishments, and wholesale accounts with Mortgage Bankers and Brokers.  Trained Customer Service Representatives and Credit Managers.  Supervised he processing, underwriting, and quality control of all transactions.  Supervised the collection, selling, and discounting of delinquent loans and R.E.O.’s.  Formulated marketing proposals for senior management approval and implementation.

Interfaced with subsidiary Security Pacific National Bank for real estate and consumer loan referrals.  Responsible for all community involvement and speaking engagements. 

PRIMERICA FINANCIAL SERVICES, UPLAND, CA

Insurance, Mortgages, and Investments, Regional Mgr/Part-Time                    Dec 85-Jan 89

Recruited and licensed 50 full-time and part-time insurance agents monthly.  Implemented marketing and advertising strategies.  Developed training and motivation programs for insurance agents.  Managed telemarketing operations including training materials and marketing collateral.  Conducted weekly group presentations for 150-200 individual for investments, insurance, or employment opportunities in the industry.

Participated in area-wide and statewide meeting as trainer and motivator.  Supervised analysis of various insurance programs for replacement and application for pre-underwriting.  Supervised production and approval of investment planning and insurance proposals.  Provided guidance and assistance to other offices on sales strategies and productivity.  Consistently in top 5 in region and in top 20 in the state as an agent and recruiter. 

NORTHWEST FINANCIAL, MONTCLAIR, CA

Consumer Finance Leader, Branch Mgr                                                      Jun 82-Apr 87

Responsible for directing the profitable day-to-day branch operations.           Loan committee, authority to $300,000.  Managed underwriting and final approval of all real estate and consumer loans.  Developed sales dealer’s accounts with various retail establishments, and sources for home improvement loans; purchased second loans.  Trained Customer Service Representatives, Assistant Managers and Credit Managers.  Implemented marketing and advertising strategies.  Responsible for budget preparation and monitoring of budget variances, as well as loan production and statistical data reports.  Responsible for all compliance and regulatory issues.  Supervised the selling, processing, underwriting, and quality control of all transactions, collection, and discounting of delinquent loans and R.E.O.’s. 

Education

UNIVERSITY OF REDLANDS, Redlands, CA,                    Aug 06- Aug 08

Graduate MBA – Finance Emphasis

UNIVERSITY OF REDLANDS, Redlands, CA,                    Jan 03-Jun 05

Graduate BSBM – Business Administration & Management 

UNIVERSITY OF LA VERNE, La Verne, CA,                      Winter 94-Jun 95

Accelerated Program, Major: Religion

ACCREDITED LICENSE SERVICE, Brea, CA,                    Mar 93-Mar 94

Accelerated Courses:  Real Estate Appraisal; Real Estate Escrow; Property Management

CHAFFEY COLLEGE, Alta Loma, CA,                               Winter 91-Jan 03

Major: Undergraduate

Courses:  Real Estate Principles; Real Estate Practice; Real Estate Escrows; Real Estate Finance; Legal Aspects of Real Estate

CAL STATE SAN BERNARDINO, San Bernardino, CA,       Fall 80-Spring 81

Major: Chemistry/Physics- Undergraduate

Continuing education in economics and real estate trends through seminars, trade literature, and communication with peers.

Licenses Formerly Held

Life and Disability Insurance Fire and Casualty Solicitors License California Notary Public  Real Estate Agents License

Licenses Currently Held

Real Estate Broker License

Affiliations

Past President/Chairman, Current Board member of  the California African American Museum www.caamuseum.org. President of the Orange County Association of Real Estate Brokers.  www.ocrealtist.org.   Member of the Board of Directors of Project Tomorrow a National Education of Non Profit Organization www.tomorrow.org. Past President/Chairman of the Board of Directors for the North Fontana Church of Christ Inc.  Advisory Board member of Open Door Institute www.opendoorinstitute.org a real estate trade organization.  Advisory Board of Directors  of the Black Chamber of Commerce in Orange County www.ocblackchamber.org.  Former member of the Advisory Board of Asian Real Estate Association of America of Orange County. Former member of the National Association of Hispanic Real Estate Professionals www.nahrep.org Member of the National Association of Real Estate Brokers. www.nareb.com.  President of the OC Realtist www.ocrealtisti.org. Member of the California Association of Real Estate  Brokers. www.careb.org Member of the 100 Black Men of Orange County www.100bmoc.org Member of the Pacific West Realtors Association of Realtors www.pwaor.com Member of the California Association of Realtors  www.car.com Member of the National Association of Realtors www.nar.com Member of the Orange County Women’s Council of Realtors www.womenscouncil.info Member of the NAACP of Orange County.  www.naacpoc.org Member of the Open Door Institute.  www.opendoorinstitute.org Member of REOMAC.  www.reomac.com Member of the Black MBA association Member of the Board of Directors of The Friends Foundation the fund raising arm of CAAM Former Member of the Board of Directors for the Pacific West Association of Realtors Charity Foundation  http://www.pwaor.com/PWRCharityFoundation/CharityFoundation.aspx Former Member of the Board of Directors of the Orange County NAHREP Chapter www.ocnahrep.org   Former Member of the Brea Chamber of Commerce Former Member of the Corp. Advisory Board of the Asian Business Association of LA County  www.abaoc.org Former Member of the Anaheim Chamber of Commerce Former Member of the Board of Directors of Diamond Bar Chamber of Commerce.  Member of the Board of directors of Fair Housing Council of Riverside, C

Business Interests/Affiliations

The Power Is Now Online Radio (www.blogtalkradio.com/thepowerisnow) | www.thepowerisnow.com

 Frazier Group Realty Inc. www.fraziergrouprealty.com (Family Real Estate Co.)

 

Service Areas (4)
  • Riverside, CA
  • Orange County, CA
  • Los Angeles County, CA
  • San Bernardino County, CA
  • San Diego County, CA
Specialties (13)
  • Auctions
  • Buyers
  • Condos/Townhomes
  • Investment Properties
  • Land
  • Luxury Homes
  • New Construction
  • Property Management
  • Renters
  • REO/Bank Owned
  • Residential
  • Sellers
  • Short Sales
Languages (2)
  • English
  • Spanish