PostHeaderIcon Twitter Updates for 2009-09-08 PostDateIcon September 8th, 2009 | PostAuthorIcon Author: admin
* Good Morning, The second video is now available http://bit.ly/10IZoS # * Sep, 08 2009 float 14.8 million # * Expert Financing is proud to release its Industry Report Only on this blog. # * The Mortgage Business The mortgage broker industry is regulated by 10 federal laws, five federal enforcement agencies and over 49 state laws # * Mortgage brokerage companies employ an estimated 418,700 employees and originate 68% of all loans in the U.S.. # * The Size of the Industry Over the past 10 years, the average annual level of residential mortgage originations has been just under . # * $750 billion # * Why Now In today's market 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. # * Why Expert Financing and Not your Bank # * Cost. A Expert broker has the ability to get wholesale rates from national lenders instead of settling for the retail the banker is offerin # * Service. An Expert broker represents the customer not the lender. Because we are not employees of a particular institution, # * Because we are not employees of a lending institution, brokers will seek the best solution for you-not the best solution for the bank. # * Knowledge. An Expert broker is a professional mortgage specialist and, therefore, has more knowledge about this industry # * Expert Financing (EXPU) will focus on one thing-finding a suitable solution for each customer's home-buying needs. # * Incentive. An Expert broker has far more incentive to search out the greater value and most appropriate solution for your loan # * A broker is compensated only when loan is funded. Bank employees receive a salary and will be paid whether your loan closes or not. # * Time. You do not have to spend your time and energy researching for the best mortgage solution by contacting a variety of lenders # * by gathering information about rates, fees, closing costs, and then comparing available loans. A broker performs all these tasks for you. # * Choices.A bank has limitations. It can't use a program another lender providesa bank can only offer the services provided by its institution # * A broker has many options. Because EXPERT has more than 40 lenders with whom we do business, our choices are unlimited. # * Flexibility.Some people may want more flexibility in amount they borrow than a bank may offer.A mortgagebroker may be able to find a lender # * which will lend money with a lower down payment than the bank demands.if your loan is denied by one lender, # * a broker can quickly apply to another. # * Why Expert Financing Inc. # * Expert financing has been originating conventional and government loans since its inception. # * The company started as a retail firm providing millions of dollars in loans to all types of borrowers including domestic and foreign # * for all kinds of properties including condominiums, single family residences, town houses # * commercial buildings like hotels, strip mall, gas station, restaurants, warehouses, industrial facilities # * and day care to name a few. Expert has also assisted in loans for luxurious projects like the # * Icon Brickell, Aventura Marina, Williams Island, and the Continuum in South Beach, Aqualina and The Trump in Sunny Isles Beach # * the Industry: Over the past 10 years, the average annual level of residential mortgage originations has been just under $750 billion. # * HOUSING FOUNDATION OF AMERICA, INC. 2400 N. University Drive, Pembroke Pines,HOMEBUYER’S EDUCATION WORKSHOP Saturday, September 12, # * Expert Financing workshop # * Rates for 30-year home loans edged down last week, remaining close to record lows reached over the spring # * "Low mortgage rates are helping to keep housing very affordable," #
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