JUMBO NON-QM LOANS. GET ATTENTION.
• 40-year fixed term with IO
• Interest-Only with 680+ FICO
• Up to 95% LTV with no MI
• 90% cash out up to $1.5M
• $100K to $2.5M
• DTI allowed up to 50%
• Non-occupant co-borrowers
• Unlimited cash out
• 2-years seasoning for short
sales and bankruptcy/3-years
seasoning for foreclosures
• As low as 600 FICO
Equal Housing Lender NMLS #53112 For current licenses, visit www.nmlsconsumeraccess.com.
GA License #43209. JMAC Lending, Inc., 2510 Red Hill Ave., Santa Ana, CA 92705.
For business customers only. Not for consumer use.
THIS IS HUGE: NO SEASONING REQUIRED
TO USE CURRENT MARKET VALUE FOR RATE/TERM REFI
<< Season continued from Page 134 “Every day you delay executing your sales
strategy opens the door for some other
to subtract the discount out of your
commission check, these coupons may
create additional loans you would have
never received otherwise.
See the big picture
The housing market is hot, so this is no
time to be coming in to work late, leaving
early, or cutting out at noon on Friday.
The amount of time you put into your
job every day often correlates to your
loan production results every month.
Work a full 40-hour week, maybe
even more. Get to the office before
everyone else to get a jump start on
your to-do list. Stay late some days
to make follow-up phone calls. Stop
by open houses on Sundays. Time is
money, and those who invest the most
time in their careers are usually the ones
who make the most money.
Also, it pays to realize that when you
set your sights on closing three or four
loans a month, that’s where you will
likely end up. When you set your sights
on closing eight to 10 loans a month,
that’s likely where you’ll end up. This
promises to be big year for home
sales and new housing starts, and one
that very well could be your best year
ever — if that’s how you play it.
There are loan originators across
the country right now funding $5 million to $10 million worth of mortgages
every month. They play the game big.
They think big, act big and take big
risks to get big results. Follow their
lead. Raise the bar, raise your expectations, and you’ll raise your results and
your income at the same time.
n n n
Some loan originators are professional
procrastinators. They have great ideas
and ambitions, but they perpetually
put off implementing. This year’s big
buying season has already begun, and
every day you delay executing your
spring and summer sales strategy
opens the door for some other mortgage professional to step in and steal
Act now, right away, today. Don’t
think any more about what you are
going to do — just do it! Capitalize on
one of the most promising mortgage
markets we have seen in years. The
sooner you get started, the better. n
The time to invest some money in
consumer-direct advertising is during
the busy homebuying season, when
more buyers are in the market than any
other time of the year. Consider put-
ting an ad in your local homes-for-sale
magazine, your community news-
paper, or run a spot on a real estate
cable-TV channel. Let people know
about you and your services, and that
you want to help them get qualified
to purchase a home. For an outlay of
just a few hundred dollars — or even
less — you may generate several new
leads and loans.
In addition, even in today’s high-tech world, coupon marketing continues to be an effective way to increase
sales. Just look through your Sunday
newspaper to see hundreds of examples of this. Print coupons offering
$250 or $500 off a borrower’s closing
costs through the end of the summer,
and mail the coupons to your database.
You can send coupons to people
you’ve pre-qualified, or give a few to
your favorite real estate agents to pass
along to their buyers. People love saving money, and although you may have