|
|
|
| Home |
Refinance/Cash-Out Loans
| |
Mortgage Refinance Loans And Cash-Out Home Equity Deals
This department covers information specific to mortgage refinancing and cash-out deals. Remember that there is always a reason and motivation behind every mortgage deal. And no one starts the loan process in a vacuum. Here are some loan officer training resources to help you navigate the pitfalls and opportunities you'll encounter.
RESOURCES IN THIS DEPARTMENT:
|
DOWNLOAD = Absolute Must-Have Refinance Loan Customer Documents Needed Checklist
One thing you absolutely must do when dealing with a mortgage customer is take control. There's no doubt about who's driving the bus in this transaction...it's you! And you, as the loan officer need to make sure you have everything in order and all your ducks in a row. With this handy refinance loan checklist, you'll never have a customer say that they didn't know about something. Here it's all organized into a simple format and can even be emailed. Modify as needed. We also have a purchase loan documents checklist to go along with this one. Be sure to look for it! This resource is in Microsoft Word format. . . . >>> READ MORE
|
DOWNLOAD = Refinance Forecast Spreadsheet
Here's a handy refinance forecast spreadsheet from my private files. As you know, I've got a number of tools here I dip into as the need arises. Some are more detailed than others. This spreadsheet is a good starter and goes well with some of the other resources here on Battlecall. It even includes some fields relating to tax interest savings, including both the current and proposed rates. Enjoy! This resource is in Microsoft Excel format. . . . >>> READ MORE
|
DOWNLOAD = Snappy Foreclosure Refinance Letter
If foreclosures are your thing, try this snappy foreclosure refinance letter. Refinancing a property that has come under the bank's hammer is a viable sub-segment of the marketplace, but it is not without trouble. So, please proceed cautiously as you do not want to be wasting your time with people who aren't serious. Use this letter as a conversation starter to let troubled borrowers know that you are one option to consider. This letter was custom written in-house here at the request of a fellow warrior. It is based on our other snappy letter dealing with foreclosure purchase deals. Feel free to edit as needed. Useful for any direct mail or postcard marketing campaigns. This resource is in Microsoft Word format. . . . >>> READ MORE
|
Refinancing Real Estate Investments
Why should you consider refinancing real estate investments instead of selling them? Maybe you've owned a rental property for years, you've paid down the mortgage, the value is up, and you want to cash in on that equity. You will do better to refinance. Here's why. . . . >>> READ MORE
|
Refinancing Your Home Mortgage Online
The largest financial obligation most people ever take on couldn't escape the reach of the Internet. Home mortgage loans originated online comprise an integral part of one of the largest and most profitable aspects of the banking industry. . . . >>> READ MORE
|
3 Rules Of Thumb For Mortgage Refinancing
You might think that deciding to refinance a mortgage requires only a quick comparison of loan interest rates. Unfortunately, that's not really true. Refinancing is trickier than that! Fortunately, three useful rules of thumb can often help you make sense of refinancing opportunities. . . . >>> READ MORE
|
Mortgage Refinancing Basics From A Consumers Perspective
Your mortgage may have a 30-year term, but not many homeowners stay with the same loan for that long. In fact, the average American refinances his or her mortgage every four years, according to the Mortgage Bankers Association. That's because paying off your present mortgage and taking out a new one can mean big savings over several years. . . . >>> READ MORE
|
|
|