203K’s Do them Right – Or Don’t do them at all
What are the hottest TV shows right now? Renovating and upgrading homes. There are entire channels devoted to renovation and the marketing built around them. They show you in just an hour how to do everything EXCEPT how to get a loan that allows Renovation and the work involved to successfully take the project from start to finish.
How do you ADD more Realtor Referrals to your business model? Let Stockton Mortgage’s Director of Renovation Lending, Joe Daly and The Stockton Mortgage Team help you add Renovation Loans, (203K’s Loan’s and HomeStyle Conventional loans), to your tool box. We not only teach Loan Officers how to successfully originate Renovation Loans, but Joe and his team will work with you from start to finish and take care of the contractor side of the transaction, allowing you to continue your regular business and not have your business slowed by the renovation process. Joe will teach your Realtors how to sell more homes by embracing the home needing renovation or updating. Joe coaches Realtors and contractors about the paperwork to close the renovation loans in a timely manor, but it doesn’t end there.
Joe can help you learn to re-establish communities along with earning Realtor Referrals. It starts with our educating our loan officers, then educating realtors, and educating borrowers on how todays Renovation Products work. Stockton Mortgage’s Joe Daly has educated thousands of Realtors and Loan Officers about the benefits of Renovation Lending over the past 23 years. (Joe Daly’s LinkedIn Page)
I’ve known Joe Daly and of his expertise for over 25 years. The beauty of Joe’s position at Stockton Mortgage is that he doesn’t need to recreate the wheel. Stockton Mortgage has been originating, processing and underwriting Renovation Loans in-house for years. We’re continuing to fine tune the program and with Joe, marketing support and a staff who understand renovation lending, we’ll continue to grow the program.
You work too hard for referrals to ruin your Referral Business by originating a loan of which you don’t have great expertise. If you Originate a Renovation Loan at a company that doesn’t know how to structure and close a renovation loans, you have a recipe to lose your referral sources. They’ll beat you up every time you come around their office.
Stockton Mortgage is always looking for great Loan Officers who are looking to work with one of the best support teams in the mortgage business. You don’t have to be a Renovation Specialist; we’ll teach you how to originate them. All of our loan officers can originate renovation loans and any type of loan we offer. We’ll even help you grow the Renovation business referrals by helping you set up TPO’s with Banks and Credit Unions as referral partners.
If you’d like to learn more or hear from Joe Daly, give me a call at 513-382-5861 or email me at rkoenig@smcapproved.com
