Brokers, There Are Huge Opportunities In This Down Market
Yes, we are all aware, there is a credit shutdown. No mortgages seem to be available and the real estate market is depressed even though there are great bargains. What can you do to improve your business?
I have the solution.
First, let’s dispose of a myth: There is mortgage money available, plenty of it. The private market is prepared to provide all the mortgage money the market may require and you are probably aware of this but the next problem is how to access it. Many applicants are impaired with bad debt, too much debt and low credit scores that act as definite barriers to any mortgage opportunities that may exist. Do not discard these leads and inquiries, they are valuable.
The solution is clear: Contact us, we will act as a team. We will handle working out the debt issues removing them as a barrier. Then we will rehabilitate the credit scores based on the workouts being done and utilizing effective credit rehab procedures. Then, we will place the mortgage. You will earnĀ more than you would in just placing a mortgage as there are three profit centers to draw revenue from: workouts, credit rehab and then, mortgage placement.
In fact, most of you are aware of clients who are experiencing serious financial problems who may not necessarily be looking for a new mortgage but may be in financial trouble and need a workout and a refinance on their currentĀ mortgage to lower their debt to affordable levels, as well as workouts on other debts they may have incurred which are now problematic. This can all be rectified.
Once the workouts are done the credit is rehabilitated and the refinance occurs with the resulting solution being that the new mortgage is less than the original. We will have solved the problem, a “short refi” it’s called.
Anything is possible. Play the role you should be playing, the role your clients are looking for you to play. Show them the way, lead them to a positive solution. Call me and let’s work as a team. Earn and save your clients from huge losses. In fact, turn loss into gain, that’s the trick. Be part of the solution, call me. You all have clients in need of these services. Play a role in providing them the way out of their crisis. Preserve your client base and earn.
Be the hero, save the day and earn.