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Brad Burton

Jumbo rates down around 5.625%- impress your client

02-12-09
Brad Burton

Jumbo rates continue to drop! Our 30yr fixed jumbo is at 5.625% with zero points right now.

My name is Brad Burton, I'm a Mortgage Loan Officer for Bank of America in Radnor PA (just outside of Philadelphia). I can do loans in all fifty states and I'm confident that I can get your client lowest rate for jumbo loans with no points. I'm not a big fan of posting this type of blog...however I feel I had to post this as our rates are that good right now. I can get your client a great jumbo rate and you will be the one that directed them in the right direction.

I just locked in a client at 5.625% today with zero points on a refinance. The client was currently at 6.50%. They are going to save over $500 per month. I also locked in a client on a purchase for a 5yr ARM at 5.125%!!! Our ARM and Interest Only ARMS are priced extremely low as well. Our conforming rates are extremely low as well- it is not just jumbos- we are low across the board.

Whether it is for a purchase or alerting a past client how much they can save by refinancing....you can help your client get the lowest rate out there with a true lender.

Keep in mind your client will be dealing with Bank of America- the largest lender in the country and a name you recognize and can feel safe with- especially in this type of market. We also do not sell the servicing on 99% of our loans so they will always deal with Bank of America.

Feel free to contact me as I would be glad to run the numbers for you and your clients. I would love the opportunity to show you what Bank of America can do! I look forward to hearing from you so we can save your clients a lot of money!!!

-Brad

Brad Burton

Mortgage Loan Officer

Bank of America

thomas.b.burton@bankofamerica.com

610-225-8051

JUMBO RATES DOWN AROUND 5.625% W/ NO POINTS- 30YR FIXED JUMBO

02-12-09
Brad Burton

Jumbo rates continue to drop! Our 30yr fixed jumbo is at 5.625% with zero points right now.

My name is Brad Burton, I'm a Mortgage Loan Officer for Bank of America in Radnor PA (just outside of Philadelphia). I would love to assist you whether it is with a new home purchase or simply to refinance your current property. I can do loans in all fifty states and I'm confident that I can get you the lowest rate for jumbo loans with no points.

I just locked in a client at 5.625% today with zero points on a refinance. The client was currently at 6.50%. They are going to save over $500 per month. I also locked in a client on a purchase for a 5yr ARM at 5.125%!!! Our ARM and Interest Only ARMS are priced extremely low as well. Our conforming rates are extremely low as well- it is not just jumbos- we are low across the board.

Keep in mind you are dealing with Bank of America- the largest lender in the country and a name you recognize and can feel safe with- especially in this type of market. We also do not sell the servicing on 99% of our loans so you will always deal with Bank of America

Feel free to contact me as I would be glad to run the numbers for you. I would love the opportunity to show you what Bank of America can do for you! I look forward to hearing from you so we can save you a lot of money!!!

-Brad

Brad Burton

Mortgage Loan Officer

Bank of America

thomas.b.burton@bankofamerica.com

610-225-8051

Mortgage Loan for Doctors/Physicians

01-19-09
Brad Burton

A special mortgage loan program for Doctors!!! - The Bank of America Doctor Loan

My name is Brad Burton. I'm a Mortgage Loan Officer with Bank of America. I wanted to post information on the Doctor Loan as the "Match" results period in March for Medical Students is rapidly approaching. If you are looking to purchase a primary residence- you need to know about the Bank of America Doctor Loan. Please contact me for more details on the Doctor loan program. Depending on the location of the property - the doctor could receive up to 100% financing (and at worst 95% financing) on a loan up to $1,000,000 with NO PMI (mortgage insurance). The Doctor Loan program is available in most states- please contact me to make sure it is available in your state.

It is truly an amazing program. The Doctor Loan is available for medical residents (or medical students within 60 days of beginning their residency) or actively practicing physicians. Please contact me for more details. Not only will you be in a great program - you will also have your loan with Bank of America, a company you know and can trust. I'm located in PA- however I can process loans in all fifty states. Again, please contact me with any questions you might have about the Doctor Loan or about any other loan program that Bank of America can offer.

Be the "Hero"- Contact past clients about the low rates and their potential savings by refinancing

12-15-08
Brad Burton

My name is Brad Burton, I'm a Mortgage Loan Officer for Bank of America in Radnor PA (just outside of Philadelphia). I just wanted to share one thing I'm doing with the realtors that I work with.

I have contacted all of my business partners to make sure they are contacting their past clients to alert them about the extremely low mortgage rates. Most clients that purchased in the last few yrs are going to be over 6% and thus can save a lot of money by refinancing. It is a great excuse to call a past client and show them you are thinking of them. Then, if they do refinance- you are going to be the "hero"- the one to help them save a lot of money on their monthly payments. This should help with future referrals as we know word of mouth is the most powerful source out there.

I just locked in a client at 4.875% on friday with zero points. The client was currently at 6.25%. They are going to save over $340 per month. The realtor that called the client and then had me call the client looks pretty good right now in the client's eyes.

Again, it is a great excuse to call a past client and really help them out. With rates at these extreme lows- a good percentage of your clients could probably save a lot of money.

Contact your mortgage partner as well to be on the same page to capitalize quickly as the rates are changing constantly. If you do not have a mortgage contact- feel free to contact me and I will be glad to run the numbers for your clients. I will do what it takes to make you be the hero. Bank of America can get the client refinanced within 30 days and your clients can start saving immediately. Call your past clients today and be the hero!!!!!!

-Brad

Brad Burton

Mortgage Loan Officer

Bank of America

thomas.b.burton@bankofamerica.com

610-225-8051

Mortgage rates are down- Refinance activity way up in Philadelphia/Main Line area

12-08-08
Brad Burton

My name is Brad Burton and I'm a Mortgage Loan Officer located in Radnor, PA - a suburb of Philadelphia known as the Main Line. The Main Line area and its surroundings have remained pretty steady despite the turbulent market. As with most of the country- we have seen an enormous amount of activity in the past few weeks...mostly with people looking to refinance. It is a great refinance market as rates for conforming fixed rate loans have plummeted from over 6% down to the 5.25% range. Jumbo rates are also coming down and this should spur even more refinance applications especially in the Philadelphia/Main Line area where there are a lot of jumbo loans.

The Stimulus package only increased our conforming loan limit from $417,000 to $420,000 - thus it had no real effect- especially on refis. Well, all of that has changed lately thanks to the recent drop in mortgage rates.

I'm getting a lot of calls regarding all of the news that mortgages rates will be reduced to 4.5%. People need to realize that from what is being discussed- this will not apply to refinancing only to purchase loans. However, rates are already extremely low. I just refinanced a client in Philadelphia who went from 6.625% to 5.25% on a loan just over $400,000 and they will save over $250 per month. There are a lot of opportunities for savings out there- especially for those that bought earlier in the year when rates were 6% and above.

I would love to run numbers for anyone interested so we can see what they can save!!!!