Tuesday, October 24, 2017

Calling All Realtors! Need A Purchase Pick-Me-Up?


When Clients Run Into Problems, We Make Changes To Make Life EZ

Earnest Money Deposit

Beginning 11/1 we will require a copy of the EMD check for all purchase loans before the loan will move to underwriting, allowing the UW to condition the loan the best way. The client may have extra assets which would eliminate a condition for proof of where the EMD check came from.

Enhanced Closing Disclosure Process

Closing Disclosures are now released automatically instead of manually, meaning clients may be able to acknowledge their CD sooner and close faster! The CD
may be delivered to the clients prior to the clearing of all client and vendor conditions, expediting the acknowledgment process.

Property Hub

Get all the property valuation data you need in one place! Have educated, proactive conversations with your clients. Save time with one quick search.



What Do Loan Officers Actually Do?


Loan officers can specialize in consumer, mortgage or commercial loans and often work for commercial banks, mortgage companies or credit unions. They act as the liaison between the institution and the applicant, and will seek to find a loan arrangement that is in the best interests of both parties.

However at So EZ Mortgage, within regulation, we are ONLY concerned with the client's best interest and we work 100% for the client, not the banks and not the government. 

Michael James Hansen
-President

Thursday, October 19, 2017

Happy Halloween! All Treats, No Tricks!

FREE LPMI


*Offer available on Conventional first mortgage loan products including ARM, High Balance, HARP, and Home Possible® with up to 85% loan-to-value (LTV), secured by owner-occupied, single-family, primary residence and loan amounts ≥150,000. This offer assumes you have required full documentation of income and assets, with a minimum credit score of 760. Loan must be locked on or before October 31, 2017. Additional restriction may apply.

So EZ Mortgage NMLS ID: 1093652

Wednesday, October 11, 2017

Enhanced Closing Disclosure Process (10/2/17)

Our enhanced Closing Disclosure (CD) process is live! Starting October 2, 2017, Closing Disclosures are released automatically instead of manually, meaning you may be able to acknowledge your CD sooner and close faster! The CD may be delivered to you online prior to the clearing of all client and vendor conditions, expediting the acknowledgment process.

Wednesday, October 4, 2017

New Uniform Residential Mortgage Application Government Monitoring Questions - All Lenders Are NOW Required To Use This Version

NEW CHANGES started Oct 1st 2017.


These questions are important because it allows regulators to monitor activity to ensure that lenders are not discriminating. However the limited options in the past have left some applicants feeling like their lineage is not being portrayed accurately.



Working With Optimum First Mortgage

I am working with Optimum First Mortgage again, bitter sweet. :) You should be getting an email from me at OfficerHansen@gmail.com to keep ...