I was asked by a fellow industry professional about how to separate yourself from the competition in this ever shrinking market. My response was concerning the 203K FHA loan. Below is what I had posted and I hope it can create success for you as well:
"There has been a significant increase in the use of the FHA Streamlined 203K loan program recently. We held a seminar for industry professionals (Realtors and lenders) nearly 6 months ago and it was a novel concept to all in the room at that time. We presented it from the angle that this is a way to make the most of the market that we are in. A few individuals chose to run with the concept and develop a market niche and have done quite well recently. With the amount of foreclosures on the market, this is a tremendous tool to have available to borrowers. We have about 25 lenders currently offering the program to us, but about 3 of those do it heads and tails better than anyone else out there. If you have any further questions, please do not hesitate to give me a call..."
I am a full service mortgage banker with the ability to facilitate FHA, Conventional, HomePath, 203K, VA and many more products IN HOUSE. All parties to the transaction are located in my office- proc
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