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I agree it should be interesting to see what the future holds.
Yeah i think that a lot of people become depressed and look for things that make them feel good. Which ends up causing more problems. That is when something like this company comes in and gives people a great chance of getting their lives back to normal!
I agree with you completly. I think that the need for these facilites could grow exponentially in the future!
I'll be looking forward to seeing that that!
That would be a good thing for this company!
Hoping to see a little green here today. A little bounce back from yesterday would be nice!
What these guys are doing is really honorable! I was just reading this in the ibox. . .
Our intensive outpatient program is truly priceless, and combined with our sober living facilities it solves the problem of addiction for many. How? It offers a stable, loving, and caring environment overseen by professionals who have more experience than most family and loved ones. We know how to handle addicts because of our years experience. Our main goal for clients is to set their own goals for long term recovery. Simply getting a job back or making apologies isn't enough. Often there are other problems involved in using drugs and alcohol at the outset, like anxiety, depression, bi-polar disorder, and many other psychological problems.
Looking to possibly invest here. Looks like they had a rough day to today but that makes a great buying opportunity!
Thats some good news for the company. Should help them in their expansion plans!
IMO this company has a lot of great things going for it. I know that today was a rough one to swallow, but like you said I think they will make it! Just have to ride out the rough days and enjoy the good ones!!
Hopefully today was just a bad day between some good ones. I don't think that there were to many people who saw green today. We had a good day yesterday maybe we will see more of the same tomorrow!
Anyone check out the PR that came out this morning? Should be great news to those who are looking to invest in a condo!
Expert Group, Inc. Implements New FHA Condo Lending in South Florida
MIAMI, FL -- (Marketwire) -- 06/30/09 -- Expert Group, Inc. (PINKSHEETS: EXPU) is pleased to announce the great news coming from FHA about FHA Condo loans. As we already know, South Florida is one of the largest markets for condominiums in the U.S.A. As of this week, there are a combined 49,746 condos and town houses on the resale market in the tri-county South Florida region, stretching from West Palm Beach to downtown Miami. That's down from 51,581 about a month ago.
The approval from the Federal Housing Administration, means potential buyers can more easily qualify for a low-down-payment mortgage backed by the FHA -- a highly coveted amenity in this era of tight credit.
Typically, it can take months for the FHA to approve a mortgage on a condo, Fannie Mae and Freddie Mac, the government-controlled mortgage companies, have put in place even tighter guidelines for making condo mortgages. And without government backing, private lenders that offer mortgages for condos require large down payments of 30% or more. But if a building has FHA approval, the borrower can get a mortgage in as little as two weeks. In addition, the buyer can get a down payment as low as 3.5%. (The FHA doesn't make loans but insures lenders against losses on those loans.)
The FHA's growing appeal among developers represents a drastic turnaround from just a few years ago, when condos sold so quickly that few developers bothered with the FHA's time-consuming application process. These days, however, condos are the weakest segment of the housing market. Condo sales in April fell 12.5% from a year ago, compared with a 3.6% decline in sales for single-family homes, according to the National Association of Realtors.
At the end of April, the U.S. had enough condos to absorb 15 months of demand, according to the National Association of Realtors.
In order for mortgage to be eligible for backing, the FHA requires 51% of units to be sold. While Fannie and Freddie have boosted their requirement to 70%, an FHA official said the agency is open to lowering its threshold out of concern that tighter financing could push the sector into a downward spiral.
More buildings also are eligible for FHA approval after Congress last year boosted loan limits to $417,000 across the country and as high as $729,750 in the most expensive markets. About one-third of all first mortgages are now being originated through the FHA, up from about 2% in 2006. Much of that share has come in markets that were previously shut out by lower loan limits.
Condo buyers also are finding FHA loans may be more affordable, particularly for borrowers with lower credit scores or smaller down payments. In April, Fannie and Freddie began requiring condo buyers without a 25% down payment to pay closing-cost fees equal to 0.75% of their loans, regardless of the borrower's credit score. The FHA, by contrast, doesn't charge higher rates on borrowers who make smaller down payments.
Robert Rico states, "This is huge news for Expert Financing. South Florida is one of the biggest condo markets in the country. We now can market to this multi million dollar Market in our back yard. For the last 2 years, our business has been mainly single family and commercial. We have shied away from condos to do the heavy regulation from our lenders. We will begin immediately a marketing campaign throughout South Florida."
About Expert Group, Inc.
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments, Expert Group Title Services and Expert Credit Fix U.S.A. Expert is licensed by the Department of Financial Regulations and a member of FAMB, and FHA approved Lender.
About Expert Financing:
Expert financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes. An Expert Loan Officer can help you find the best Loan for your needs, and our professional loan experts speak your language, including, Spanish, Russian, Portuguese, French, Italian, Hebrew and Creole.
About Expert Credit Fix U.S.A.
Expert Credit Fix U.S.A. is ahead of the game, assisting borrowers with less than perfect credit to fulfill their dream of home ownership. Expert Credit Fix U.S.A. will help borrowers restore their credit to a level where lenders will grant them credit and at a low interest rate.
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (I) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
Contact:
Expert Group, Inc.
www.ExpertFinancing.net
www.ExpertCreditFixUSA.com
or call:
305-949-LOAN (5626)
I totally agree if we get that low there is only one place we can go!
You may be right but it is nice to hope that it is! Maybe we will all catch a break here soon.
It seems like everything has changed in the past year or so! Hopefully we will have those days back again!
Sometimes being patient is the hardest thing to do but right now it is the only thing to do IMO. I am just happy to see that it seems like things have leveled off here recently. There for awhile we were having drops like this everyday!!
Yeah today hurts but atleast we had a little green to play with from yesterday!
North Carolina is the perfect move for our next location; our connections in Graham County include the largest developers in the county who will provide us with a niche into this region of the United States. It also gives us the license to originate in one of the fastest growing states. It is truly a milestone for me to say we are opening our 2nd."
It would definately help me average down at those levels. But i highly doubt it will get to that point.
Expert Group, Inc. Implements New FHA Condo Lending in South Florida
MIAMI, FL -- (Marketwire) -- 06/30/09 -- Expert Group, Inc. (PINKSHEETS: EXPU) is pleased to announce the great news coming from FHA about FHA Condo loans. As we already know, South Florida is one of the largest markets for condominiums in the U.S.A. As of this week, there are a combined 49,746 condos and town houses on the resale market in the tri-county South Florida region, stretching from West Palm Beach to downtown Miami. That's down from 51,581 about a month ago.
The approval from the Federal Housing Administration, means potential buyers can more easily qualify for a low-down-payment mortgage backed by the FHA -- a highly coveted amenity in this era of tight credit.
Typically, it can take months for the FHA to approve a mortgage on a condo, Fannie Mae and Freddie Mac, the government-controlled mortgage companies, have put in place even tighter guidelines for making condo mortgages. And without government backing, private lenders that offer mortgages for condos require large down payments of 30% or more. But if a building has FHA approval, the borrower can get a mortgage in as little as two weeks. In addition, the buyer can get a down payment as low as 3.5%. (The FHA doesn't make loans but insures lenders against losses on those loans.)
The FHA's growing appeal among developers represents a drastic turnaround from just a few years ago, when condos sold so quickly that few developers bothered with the FHA's time-consuming application process. These days, however, condos are the weakest segment of the housing market. Condo sales in April fell 12.5% from a year ago, compared with a 3.6% decline in sales for single-family homes, according to the National Association of Realtors.
At the end of April, the U.S. had enough condos to absorb 15 months of demand, according to the National Association of Realtors.
In order for mortgage to be eligible for backing, the FHA requires 51% of units to be sold. While Fannie and Freddie have boosted their requirement to 70%, an FHA official said the agency is open to lowering its threshold out of concern that tighter financing could push the sector into a downward spiral.
More buildings also are eligible for FHA approval after Congress last year boosted loan limits to $417,000 across the country and as high as $729,750 in the most expensive markets. About one-third of all first mortgages are now being originated through the FHA, up from about 2% in 2006. Much of that share has come in markets that were previously shut out by lower loan limits.
Condo buyers also are finding FHA loans may be more affordable, particularly for borrowers with lower credit scores or smaller down payments. In April, Fannie and Freddie began requiring condo buyers without a 25% down payment to pay closing-cost fees equal to 0.75% of their loans, regardless of the borrower's credit score. The FHA, by contrast, doesn't charge higher rates on borrowers who make smaller down payments.
Robert Rico states, "This is huge news for Expert Financing. South Florida is one of the biggest condo markets in the country. We now can market to this multi million dollar Market in our back yard. For the last 2 years, our business has been mainly single family and commercial. We have shied away from condos to do the heavy regulation from our lenders. We will begin immediately a marketing campaign throughout South Florida."
About Expert Group, Inc.
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments, Expert Group Title Services and Expert Credit Fix U.S.A. Expert is licensed by the Department of Financial Regulations and a member of FAMB, and FHA approved Lender.
About Expert Financing:
Expert financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes. An Expert Loan Officer can help you find the best Loan for your needs, and our professional loan experts speak your language, including, Spanish, Russian, Portuguese, French, Italian, Hebrew and Creole.
About Expert Credit Fix U.S.A.
Expert Credit Fix U.S.A. is ahead of the game, assisting borrowers with less than perfect credit to fulfill their dream of home ownership. Expert Credit Fix U.S.A. will help borrowers restore their credit to a level where lenders will grant them credit and at a low interest rate.
Expert Group, Inc. Implements New FHA Condo Lending in South Florida
MIAMI, FL -- (Marketwire) -- 06/30/09 -- Expert Group, Inc. (PINKSHEETS: EXPU) is pleased to announce the great news coming from FHA about FHA Condo loans. As we already know, South Florida is one of the largest markets for condominiums in the U.S.A. As of this week, there are a combined 49,746 condos and town houses on the resale market in the tri-county South Florida region, stretching from West Palm Beach to downtown Miami. That's down from 51,581 about a month ago.
The approval from the Federal Housing Administration, means potential buyers can more easily qualify for a low-down-payment mortgage backed by the FHA -- a highly coveted amenity in this era of tight credit.
Typically, it can take months for the FHA to approve a mortgage on a condo, Fannie Mae and Freddie Mac, the government-controlled mortgage companies, have put in place even tighter guidelines for making condo mortgages. And without government backing, private lenders that offer mortgages for condos require large down payments of 30% or more. But if a building has FHA approval, the borrower can get a mortgage in as little as two weeks. In addition, the buyer can get a down payment as low as 3.5%. (The FHA doesn't make loans but insures lenders against losses on those loans.)
The FHA's growing appeal among developers represents a drastic turnaround from just a few years ago, when condos sold so quickly that few developers bothered with the FHA's time-consuming application process. These days, however, condos are the weakest segment of the housing market. Condo sales in April fell 12.5% from a year ago, compared with a 3.6% decline in sales for single-family homes, according to the National Association of Realtors.
At the end of April, the U.S. had enough condos to absorb 15 months of demand, according to the National Association of Realtors.
In order for mortgage to be eligible for backing, the FHA requires 51% of units to be sold. While Fannie and Freddie have boosted their requirement to 70%, an FHA official said the agency is open to lowering its threshold out of concern that tighter financing could push the sector into a downward spiral.
More buildings also are eligible for FHA approval after Congress last year boosted loan limits to $417,000 across the country and as high as $729,750 in the most expensive markets. About one-third of all first mortgages are now being originated through the FHA, up from about 2% in 2006. Much of that share has come in markets that were previously shut out by lower loan limits.
Condo buyers also are finding FHA loans may be more affordable, particularly for borrowers with lower credit scores or smaller down payments. In April, Fannie and Freddie began requiring condo buyers without a 25% down payment to pay closing-cost fees equal to 0.75% of their loans, regardless of the borrower's credit score. The FHA, by contrast, doesn't charge higher rates on borrowers who make smaller down payments.
Robert Rico states, "This is huge news for Expert Financing. South Florida is one of the biggest condo markets in the country. We now can market to this multi million dollar Market in our back yard. For the last 2 years, our business has been mainly single family and commercial. We have shied away from condos to do the heavy regulation from our lenders. We will begin immediately a marketing campaign throughout South Florida."
About Expert Group, Inc.
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments, Expert Group Title Services and Expert Credit Fix U.S.A. Expert is licensed by the Department of Financial Regulations and a member of FAMB, and FHA approved Lender.
About Expert Financing:
Expert financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes. An Expert Loan Officer can help you find the best Loan for your needs, and our professional loan experts speak your language, including, Spanish, Russian, Portuguese, French, Italian, Hebrew and Creole.
About Expert Credit Fix U.S.A.
Expert Credit Fix U.S.A. is ahead of the game, assisting borrowers with less than perfect credit to fulfill their dream of home ownership. Expert Credit Fix U.S.A. will help borrowers restore their credit to a level where lenders will grant them credit and at a low interest rate.
Hard to know where it will go but i don't think that we would hear any complaints if it made it to .10
Agreed, they had a great start yesterday i think it will keep going!
I would not be surprised to see them stay on the green track tomorrow!
I didn't say anything about the share prices! I was agreeing with Pastor on how well this company keeps people informed! It is a great quality to have IMO!
I agree, some companies can go months without any PRs. Expert has had 5 this month and 3 in the last ten days. I think that says a lot about the company and where they want to go!
Yeah the have so many expansion plans going on, and now bringing him in the mix just makes things that much better. IMO they are definetly doing their best to make a move towards the top. The future is looking very bright for Expert Group!!!
Mr. Figueroa seems like he has plenty of experience to bring to the table! Then there is also the fact that he has originated over 100 MILLION in mortgages. That is unreal! I think that he will be a great fit at Expert Group!!
They got some really good news today i bet that had something to do with all the green!
Expert Group Welcomes President of Sales
MIAMI, FL -- (Marketwire) -- 06/29/09 -- Expert Group, Inc. (PINKSHEETS: EXPU) is pleased to welcome our new President of Sales Andrew Figueroa. Former US Navy Specialist and Veteran Loan originator, Andrew has originated over 100 Million dollars in mortgages in his career. Mr. Figueroa brings over a decade of sales training and Management experience to Expert Group. With our aggressive growth strategy, Andrew's professionalism and experience allows Expert to forge ahead with our expansions.
Mr. Figueroa will be responsible for recruitment and training originators, coordinating weekly sales meetings, distributing our abundance of leads, and expanding our Realtor relationship programs. He will also be instrumental in implementing our lender presentations to our originators, execute Expert's marketing efforts and will actualize our involvement in borrower education events.
Andrew Figueroa is proud to state, "With my wealth of experience and success, I fortunately had the opportunity to work for a much larger and established company. However, after meeting with Robert Rico and learning about Expert Group and Robert's vision for growth, I felt I had to take this excellent growth opportunity. I share in Robert's vision for the future of Expert Group, Inc. and I see the unique advantage they have to become a National Mortgage Company. I believe Robert has surrounded himself with a wonderful and professional staff and I am excited to become a part of the team."
Before joining Expert Group, Inc. he held Manager Position for 1st Continental Mortgage where he was responsible for the day to day operations. Training, the originators, lead management and evaluation of loan process from start to finish. Mr. Figueroa holds Bachelor's in Organizational Leadership from Chapman University in Orange, California.
Robert Rico states, "Effective Immediately Andrew has joined the Expert Family Mr. Figueroa will assist in our expansion plan of opening new offices and recruiting new originators. He is our new President of Sales and will implement an aggressive growth strategy. I am enthralled that Andrew Figueroa has agreed to become our new President of Sales."
Our Plan
Our plan is to expand our services by opening multiple locations primarily in Miami-Dade County and North Carolina; these locations will be a community bank type of storefront in highly populated areas. We plan to open 4 new locations and expand to over 400 originators in the short term.
Expert Group, Inc.'s long term goal is to become a National Mortgage Lender. In today's market place there is a great environment to create an infrastructure to be the leader in retail mortgage lending, taking the opportunity created by the government's assistance to banks with funds to make loans more readily available. Expert is working on creating the proper scenario to brand it self as the "go-to firm for all your real Estate lending needs."
About Expert Group, Inc.
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments, Expert Group Title Services and Expert Credit Fix U.S.A. Expert is licensed by the Department of Financial Regulations and a member of FAMB, and FHA approved Lender.
About Expert Financing:
Expert financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes. An Expert Loan Officer can help you find the best Loan for your needs, and our professional loan experts speak your language, including, Spanish, Russian, Portuguese, French, Italian, Hebrew and Creole.
About Expert Credit Fix U.S.A.
Expert Credit Fix U.S.A. is ahead of the game, assisting borrowers with less than perfect credit to fulfill their dream of home ownership. Expert Credit Fix U.S.A. will help borrowers restore their credit to a level where lenders will grant them credit and at a low interest rate.
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (I) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
Contact:
Expert Group, Inc.
www.ExpertFinancing.net
www.ExpertCreditFixUSA.com
or call:
305-949-LOAN (5626)
Yes it will! It is always great to start off the week in the green. Hopefully we will see it all week long!!!
EXPU with almost 1 million in volume today as well! Very Impressive imo
Maybe they will get their licenses this week for their new location in the North Carolina
Expert Group, Inc. (PINKSHEETS: EXPU) announced today that it will be opening a second location in Robbinsville, North Carolina. We are going through the process of Applying for our Licenses.
Once we receive our licenses we will sign with Local and Regional Banks. We are extremely excited our offices will be located on 90 Old Lodge Road Lake Santeetlah, North Carolina 28771 in Graham County.
North Carolina has had an amazing real estate market and is ranked as the #1 place where Americans are relocating to as well as a major market for first time buyers. In Florida, it is a major second home state for Floridians, so after carefully analyzing the move we decided it is in the best interest of our shareholders to open this location immediately.
Robert Rico states, "We are growing and our expansion plan is on all gears.
North Carolina is the perfect move for our next location; our connections in Graham County include the largest developers in the county who will provide us with a niche into this region of the United States. It also gives us the license to originate in one of the fastest growing states. It is truly a milestone for me to say we are opening our 2nd."
At Expert Mortgage you will find professionals that speak English, Spanish, Portuguese and French. Our goal is to make you an Expert informed borrower.
Expert Group Welcomes President of Sales
MIAMI, FL -- (Marketwire) -- 06/29/09 -- Expert Group, Inc. (PINKSHEETS: EXPU) is pleased to welcome our new President of Sales Andrew Figueroa. Former US Navy Specialist and Veteran Loan originator, Andrew has originated over 100 Million dollars in mortgages in his career. Mr. Figueroa brings over a decade of sales training and Management experience to Expert Group. With our aggressive growth strategy, Andrew's professionalism and experience allows Expert to forge ahead with our expansions.
Mr. Figueroa will be responsible for recruitment and training originators, coordinating weekly sales meetings, distributing our abundance of leads, and expanding our Realtor relationship programs. He will also be instrumental in implementing our lender presentations to our originators, execute Expert's marketing efforts and will actualize our involvement in borrower education events.
Andrew Figueroa is proud to state, "With my wealth of experience and success, I fortunately had the opportunity to work for a much larger and established company. However, after meeting with Robert Rico and learning about Expert Group and Robert's vision for growth, I felt I had to take this excellent growth opportunity. I share in Robert's vision for the future of Expert Group, Inc. and I see the unique advantage they have to become a National Mortgage Company. I believe Robert has surrounded himself with a wonderful and professional staff and I am excited to become a part of the team."
Before joining Expert Group, Inc. he held Manager Position for 1st Continental Mortgage where he was responsible for the day to day operations. Training, the originators, lead management and evaluation of loan process from start to finish. Mr. Figueroa holds Bachelor's in Organizational Leadership from Chapman University in Orange, California.
Robert Rico states, "Effective Immediately Andrew has joined the Expert Family Mr. Figueroa will assist in our expansion plan of opening new offices and recruiting new originators. He is our new President of Sales and will implement an aggressive growth strategy. I am enthralled that Andrew Figueroa has agreed to become our new President of Sales."
Our Plan
Our plan is to expand our services by opening multiple locations primarily in Miami-Dade County and North Carolina; these locations will be a community bank type of storefront in highly populated areas. We plan to open 4 new locations and expand to over 400 originators in the short term.
Expert Group, Inc.'s long term goal is to become a National Mortgage Lender. In today's market place there is a great environment to create an infrastructure to be the leader in retail mortgage lending, taking the opportunity created by the government's assistance to banks with funds to make loans more readily available. Expert is working on creating the proper scenario to brand it self as the "go-to firm for all your real Estate lending needs."
About Expert Group, Inc.
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments, Expert Group Title Services and Expert Credit Fix U.S.A. Expert is licensed by the Department of Financial Regulations and a member of FAMB, and FHA approved Lender.
About Expert Financing:
Expert financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes. An Expert Loan Officer can help you find the best Loan for your needs, and our professional loan experts speak your language, including, Spanish, Russian, Portuguese, French, Italian, Hebrew and Creole.
About Expert Credit Fix U.S.A.
Expert Credit Fix U.S.A. is ahead of the game, assisting borrowers with less than perfect credit to fulfill their dream of home ownership. Expert Credit Fix U.S.A. will help borrowers restore their credit to a level where lenders will grant them credit and at a low interest rate.
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (I) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
Expert Group Welcomes President of Sales
MIAMI, FL -- (Marketwire) -- 06/29/09 -- Expert Group, Inc. (PINKSHEETS: EXPU) is pleased to welcome our new President of Sales Andrew Figueroa. Former US Navy Specialist and Veteran Loan originator, Andrew has originated over 100 Million dollars in mortgages in his career. Mr. Figueroa brings over a decade of sales training and Management experience to Expert Group. With our aggressive growth strategy, Andrew's professionalism and experience allows Expert to forge ahead with our expansions.
Mr. Figueroa will be responsible for recruitment and training originators, coordinating weekly sales meetings, distributing our abundance of leads, and expanding our Realtor relationship programs. He will also be instrumental in implementing our lender presentations to our originators, execute Expert's marketing efforts and will actualize our involvement in borrower education events.
Andrew Figueroa is proud to state, "With my wealth of experience and success, I fortunately had the opportunity to work for a much larger and established company. However, after meeting with Robert Rico and learning about Expert Group and Robert's vision for growth, I felt I had to take this excellent growth opportunity. I share in Robert's vision for the future of Expert Group, Inc. and I see the unique advantage they have to become a National Mortgage Company. I believe Robert has surrounded himself with a wonderful and professional staff and I am excited to become a part of the team."
Before joining Expert Group, Inc. he held Manager Position for 1st Continental Mortgage where he was responsible for the day to day operations. Training, the originators, lead management and evaluation of loan process from start to finish. Mr. Figueroa holds Bachelor's in Organizational Leadership from Chapman University in Orange, California.
Robert Rico states, "Effective Immediately Andrew has joined the Expert Family Mr. Figueroa will assist in our expansion plan of opening new offices and recruiting new originators. He is our new President of Sales and will implement an aggressive growth strategy. I am enthralled that Andrew Figueroa has agreed to become our new President of Sales."
Our Plan
Our plan is to expand our services by opening multiple locations primarily in Miami-Dade County and North Carolina; these locations will be a community bank type of storefront in highly populated areas. We plan to open 4 new locations and expand to over 400 originators in the short term.
Expert Group, Inc.'s long term goal is to become a National Mortgage Lender. In today's market place there is a great environment to create an infrastructure to be the leader in retail mortgage lending, taking the opportunity created by the government's assistance to banks with funds to make loans more readily available. Expert is working on creating the proper scenario to brand it self as the "go-to firm for all your real Estate lending needs."
About Expert Group, Inc.
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments, Expert Group Title Services and Expert Credit Fix U.S.A. Expert is licensed by the Department of Financial Regulations and a member of FAMB, and FHA approved Lender.
About Expert Financing:
Expert financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes. An Expert Loan Officer can help you find the best Loan for your needs, and our professional loan experts speak your language, including, Spanish, Russian, Portuguese, French, Italian, Hebrew and Creole.
About Expert Credit Fix U.S.A.
Expert Credit Fix U.S.A. is ahead of the game, assisting borrowers with less than perfect credit to fulfill their dream of home ownership. Expert Credit Fix U.S.A. will help borrowers restore their credit to a level where lenders will grant them credit and at a low interest rate.
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (I) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
Expert financing offers up to date loan programs tailored to fit all borrowers' needs. The company specializes in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans, jumbo loans, no income verification loans, commercial loans, small business debenture loans, foreign national loans, construction loans for residential and commercial purposes from re-habilitation projects to new construction; the company also offers loans for purchases, refinances, home equity line of credit and line of credit for commercial property.
"Effective Immediately Andrew has joined the Expert Family Mr. Figueroa will assist in our expansion plan of opening new offices and recruiting new originators. He is our new President of Sales and will implement an aggressive growth strategy. I am enthralled that Andrew Figueroa has agreed to become our new President of Sales."
We are looking good today!
I heard that there were some good things happening here. I decided i better check it out. Seems like they have had some pretty good PR lately!
Looks like duss is starting off on a great note this week. It almost gives you some breathing room when you are able to start off in the green!!!!