Archive for the 'Mortgage tips' Category

Greg Frost Sr.: Learn to succeed

The great breakthroughs in your life will come when you realize that you can learn anything you need to learn to accomplish any goal that you set for yourself.  This means that there are no limits on what you can be, on what you can have, or on what you can accomplish.

Goals are nothing more than dreams, to which you have attached a time limit.  Set your goal and then seek out all information that you can to learn all that you can about your chosen endeavor.  Then you will be ready to go out and achieve it.

Start by finding out all you can about what the most successful people in your arena did to become successful. Do what they did, over and over again, and you will eventually enjoy the same results.  Emulate the best and you will become one of them.

I was noted as the 1st Billion Dollar mortgage originator back in 2000.  I had been originating since 1985.  I built my business in a full doc business environment before FICO scores, AUS systems, slim doc, no doc, fast and easy, stated income etc.  My personal origination expertise was gained originating the same products that we are all originating today.  I was able to distinguish myself, in my market, by putting a recognizable face on the word “service”.  I did this by succinctly defining my service with daily, weekly, monthly and quarterly activities that my clients (Realtor Referral Partners) and our mutual business (Borrowers) could readily recognize and appreciate.  This strategy will work for you today.

Do you feel challenged by your current environment?  Are you struggling with your business model?  Are you concerned that you will not be able to function in this new era of massive regulation changes and their inherent risk?  Are you struggling with redirecting your sales and marketing efforts to a more productive opportunity pool?

I am President of a production Division of Primary Residential Mortgage, Inc.  In addition, I am their VP of National Training.  I think that I am uniquely qualified to offer you a dynamically profitable business model along with market tested production mentoring, the combination of which should give you every advantage.

Go to www.frostmortgage.com and let’s get acquainted.

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Broker/Owners and Producers: Thrive or Survive?

Are you a Broker/Owner or Producing Branch Manager who is looking for a platform from which to catapult and grow your business for the next 5 years?

If so, you owe it to yourself to take a serious look at our Branch Partner business model.

  • Top 20 National Lenders
  • Billion Dollar Monthly Funding Capacity
  • 2 Day Underwriting/ 1 Day Re-submits
  • Very Competitive Pricing

In addition, you can count on my assistance at building a business plan that will allow you to thrive rather than survive. Please visit this page, designed just for you, today to learn more:

http://frostmortgage.com/branch-opportunities-e1/

If you are a Top Producing Originator who wants to enter the Mortgage Banking world under a Full Eagle, FHA/VA approved lender, please visit:

http://frostmortgage.com/loan-officer-e1/

Greg Frost

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Mortgage legend Greg Frost live on Twitter 5/10

Frost Mortgage President Greg Frost will inaugurate #FrostMortgageMonday, a live interactive chat, on May 10 at 11:30 Mountain Time.

Whether you’re a homebuyer with a mortgage question or a top producer, broker or loan officer looking for industry insights, this will be a unique opportunity to interact with an industry legend.

Greg has been the #1 residential Mortgage Lender in New Mexico since 1985 and is consistantly ranked by Mortgage Originator Magazine among the top 20 Mortgage Originators in America.  Greg is also noted as being the first $Billion Dollar$ Loan Originator, and he is a renowned speaker, trainer and consultant.

Twitter Click here to follow Greg Frost on Twitter.

You can also read more about the use of “hashtags” like #FrostMortgageMonday on Twitter or visit TweetChat for an easy way to follow the conversation.

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FHA: Reverse mortgage support is crucial

Reverse mortgage programs operated by Housing and Urban Development (HUD) require help to continue, the Federal Housing Authority (FHA) told a House subcommittee recently, Reverse Mortgage Daily reports.

In testimony, an FHA assistant secretary said that, without support, HUD will be forced to more drastically cut principal limit factors (PLFs), which “would significantly reduce the amount of funds that would be available to seniors (more than 30%), which is on average a $23,000 to $27,000 impact.”

We know what a reverse mortgage can mean to older members of our community. As a full eagle licensed FHA lender, Frost Mortgage is a great choice for your reverse mortgage questions. Please, contact us today and find out why we don’t just close mortgages–we open doors.

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Home loans: Many leap without looking

As buyers rush to take advantage of the homebuyer tax credit, an important fact is being highlighted: Moving too quickly can be costly. You may race to get the tax credit but end up losing more than that in a deal you haven’t fully thought through.

A survey on homebuying conducted by Zillow and reported on by the New Mexico Business Weekly found that

borrowers who obtained a home loan in the past five years spent just five hours reviewing their options and got just three quotes. Thirty-one percent spent two hours or less, despite the fact that a home is one of the largest investments people make in a lifetime …

If you’re feeling rushed or thinking you may not have all the information you need to make a smart choice, please contact one of our experienced loan officers for assistance. You’ll get sound, professional advice and information to help you make the best move, because at Frost Mortgage, we don’t just close loans, we open doors.

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