Real estate agents can qualify their clients for home mortgages and stay in control of their deals. A new company known as Dogtor Paco's Lender's Corner provides a way to research and compare market pricing within seconds, price and identify a loan product, and take an application. For the first time, real estate agents can earn the commission from the loans closed. Their clients can get approved and processed for a loan quickly and easily, and a conditional letter of approval will be delivered along with all state disclosures, ready for a client's signature.
payday cash loans online, cash advance loans no credit check, Payday loansCash Advance,
This new on-demand mortgage calculator provides lending professionals with full good faith estimate (GFE) level pricing including monthly payments and all closing costs for loans that meet the requirements of a property. Initially geared towards California lending professionals, including loan officers, mortgage brokers and real estate agents, the company provides financial professionals with all the options for real estate financing. The company plans to expand services into Florida and then into the national marketplace in 2008.
Here's how it works. Basically, the company's Loan Organizer(TM) tells financial professionals how much money they will make by submitting a client's application electronically through the company's engine where the loan will be completed quickly and frictionlessly. Once on the website an agent scrolls over to the field entitled, "What would you like to do?" They then go to the tab for "Real Estate Professionals/Mortgage Brokers" to purchase a loan or refinance. Rates are updated every twenty minutes. Next, users enter the purchase price of a property that their client, the borrower, is going to pay for a new home, and they view a comprehensive list of real loan offerings available.
The entire application process is simple and fast as agents are presented with multiple loan choices that are provided by local lenders so that they can choose the loan best suited to the client's situation. They are now ready to apply for the loan and should print a copy of the table that includes the loan chosen for future reference.
At any time during the application process, users can get help by either viewing the video clip entitled, "How to fill out Dr Paco's loan application" or they can hit the Chat button to speak with an assistant banker. Within 30 minutes of submitting a client's loan, users will receive a complete state disclosure package, including a good faith estimate, 1003 and a conditional approval letter.
Consumers can view the loans on Dogtor Paco's website, however only Department of Real Estate (DRE) licensed professionals can complete the loan transactions and be compensated for the work. On residential transactions, Dogtor Paco can only pay a registered broker with the Department of Real Estate, so checks are issued to the broker of record, directly from escrow, as per the directions supplied in the broker agreement that will have been completed prior to closing a loan.
$ 1500 Wired To Your Bank In 1 Hour. Do Not Need Credit. 60 Second Approvals. Quick Cash Tonight!
Rating of quick payday loans
Get Online Application at online payday loans.
0 comments:
Post a Comment