Rick Claydon

About Us:

I got my start helping those with bad credit & bad habits BREAK the cycle & become debt free. The key being....break the cycle, not refi into oblivion.

Prompt & Effective Follow Up is my hallmark trait. I do this by having systems & specific follow up methods...you're always in the loop.

The funny thing about this business is that those who "over promise" & "under deliver" whether it's on Rates or Closing Dates, will initially get a few more deals than me. I always give the strait scoop, even when I know there's someone "puffing" in the clients ear. I sleep VERY well at night & so do the Realtors I work with.

How do I know what you go through? I earned my Realtor license here in MN, just to be more informed. Less than a year later, I gave it up so that I could offer all FHA, VA, and even MHFA programs to my clients and to my Realtor partner's clients.

Areas of Expertise

50% of my business is working with A-paper borrowers who have more debt than they would care to....in other words, they're just not making any serious progress toward becoming debt free. I have a brain dead simple system, that doesn't let screw up, & will help them pay off their debt and their house in 6-10 years, based on the money they're already spending. No, it's not U-First, Sydney, Equity Genie, or CMG. :) Those are some interesting products, but it's nothing like that.

30% of my business is Purchase. 1st Time Home buyer, Jumbo, Move Up buyer. Make it simple, make it painless, make sure it makes sense.

20% of my business comes from Reverse Mortgages. I tend to think of these folks the way I do of my own 85 year old Grandparents. They are to treasured.

10% construction lending. We've got some sweet programs that builders love, because there are no limits on the number of draws and they can get a big chunk of change up front to purchase supplies & get the project underway.

Testimonials

I have dozens of REAL testimonials, with REAL PICTURES, AND REAL SIGNATURES on my website. www.payoffourdebt.com

Funny, I did a purchase in Brainerd, MN this fall....I'm in Minneapolis. Unusual for me, that I didn't get to meet the client or the Realtor in person. Closing is scheduled for Wednesday at 1pm.......client doesn't get me his docs until Monday afternoon(what's that about people helping them selves or helping us help them....not this time) We closed on time.

Now, this is not how I want every deal to happen, in fact, I prefer to have all my ducks in a row WAYYYYYY in advance....like weeks in advance, but our average close start to finish is 10-12 business days from application. So offering a quick close IS A POINT OF NEGOTIATING LEVERAGE we can help our Realtor partners offer.