Need Financing to Purchase a New Home? Refinance an Existing Home? Investment Property? About us & our Products...

About Us

Putting Customers First We pride ourselves on providing superior customer service and creating satisfied customers. We work hard to satisfy the mortgage needs and exceed the expectations of our customers. Lower Mortgage Costs Through Cutting-edge Mortgage Origination Technology Our customers save money and close their loans quickly because we employ the most advanced mortgage technology available. In a rush? We welcome you to try our mortgage calculators! The Internet, advanced mortgage processing software, and automated mortgage underwriting systems are coordinated to speed the mortgage process and deliver the best rate and terms. Highest Quality Mortgage Services From mortgage processing and underwriting, to loan closing and funding, our expert mortgage staff will efficiently expedite your entire transaction. We'll keep you informed every step of the way. We're committed to building rewarding, long-term customer relationships. With that in mind, you'll receive the highest quality mortgage services. Meeting Every Challenge We rapidly respond to new opportunities made available in today's dynamic mortgage markets. As a result, the requirements of our mortgage customers are consistently met through mortgage underwriting flexibility and delivery of unique mortgage programs. We often identify niche mortgage programs that are essential to satisfying individual mortgage customer needs.

Specialties

• Residential
• Relocation
• Condos/Townhomes
• Luxury Homes
• REO/Bank Owned
• Investment Properties
• Short Sales
• Vacation/Resort Properties
• Oceanfront/Investment
• Self Employed Borrowers

 

Certifications
 
I have extensive knowledge and experience in the following areas of mortgage lending:

 1). Conventional Home Financing- If you are purchasing or refinancing a primary home, 2nd Home or Investment property i have the expertise and lenders to meet all your needs. Conventional financing for borrowers with a loan balance of 417,000 or less, we have many financing options to satisfy our clients. Examples are 10yr, 15yr, 20yr, 25 yr and 30 year terms.

 2). Emerging Markets- This category includes FHA, VA and USDA financing just to touch on the major loan types. In particular, I would like to focus on USDA since this category has in the past been given a low amount of business. In part, due to bad experiences from past loan origination. During the initial introduction of this loan category(1992) loan closings were done directly with USDA and closings where long and paper intensive, today that has all changed. USDA is very similar to FHA in that I can electronically get an approval within the same day. Many of the underwriting rules that apply to FHA do not apply to USDA making this loan very flexible in all categories, including, credit, assets,employment, appraisal and property. My responsibility is to effectively interview your customer to find the right loan for them. While FHA and VA still remain the most popular, USDA is a hidden jewel in the mix of Emerging Markets today.

 3). Jumbo Loans- The volatile market has disrupted this loan market recently. While many loan originators found it hard to find an investor to purchase these loans, Gateway Mortgage which closes over 95 billion dollars worth of loans each year makes my job easy. I have the resources and the portfolio of lenders and appraisers to meet the home financing needs of every discerning buyer. I understand the needs of this category of customer, which will help with future referrals for both of us. Whether they are purchasing a 500,000 property or a 2,000,000 let me be your one stop source for Jumbo!

 4). Investment Properties- You may have a client that needs a 2nd Home, Condo, Condotel, Investment Property for Rental, Lot Loan. I can cover each of these categories with no problem, whether your clients are looking for a vacation beach property, ski resort condo or a condo for the college student, let me be your source. I have over 50 lenders at my finger tips with direct lending capability.

WWW.TRIADLENDING.COM

PRE-QUALIFY SECURELY HERE

 

Your Credit File " Credit Scoring by Fico and its Power"

Credit Bureau FICO scores range from 300 to 850 and their purpose is to predict the likelihood of how a person will handle their credit obligations.  The higher the score, the lower the perceived risk and therefore, the lower the interest rate you will be offered.  Five factors generally go into producing a credit score: Overall Payment History, Balances Outstanding vs. Credit Limits, Length of Credit History, Mix of Credit Use and New Credit Inquiries. Like a thumbprint, no credit score model is exactly the same. Each credit score model has a slightly different formula for weighing credit score factors. The credit bureau can use dozens of different credit score models based on the requirements of different lenders. As an example, a mortgage lender may use a different scoring model than an auto lender because they each place importance on different factors.Though your scores may vary, they're all based on information in your credit reports. So focusing on what's in your reports could help you build your credit overall. While FICO is the most famous, there are several other versions and providers of credit scores, such as VantageScore, NextGen, BEACON and EMPIRICA. Some scores are directly developed by credit bureaus, while others are developed by outside companies. This can be very confusing to the average consumer who is shopping for a home or a car to purchase. Hypothetically, the consumer could go to multiple dealerships or multiple lenders and see all different credit scores from each one.


How you pay your creditors is one of the most important factors and make up about 35% of the credit score, but just behind it come balances verses credit limits, which makes up about 30% of the score. The higher your balance is in relation to the credit limit, the more adversely your score will be impacted.  It is usually better to have several small balances spread over several cards than one large balance on one maxed out card. The length of time a person has held credit is another factor which makes up around 15% of the score.  Basically, a borrower who has a long credit history without past late pays will not be as adversely affected by suddenly having one 30 day late payment as a person who has a shorter credit history and suddenly has a 30 day late.  However, also think about this....let's say a borrower has a 20 year credit history with no late payments and has always managed their credit cards, but suddenly their credit card balances are on the way up and then a late payment occurs. This scenario would probably adversely affect their credit score severely as it could indicate the person is having difficulty paying their bills and is borrowing to keep afloat. 

Summary
 

Because there are hundreds of credit scores that measure many different probabilities, consumers generally do not need to be overly concerned with the type of score or even their number. It's also important to note that your credit score is a variable which can change every time your credit report changes. For these reasons, monitoring changes within a single score over time can be a better way to gauge your overall credit health. Best of all, it's always free to check your credit score with the big 3 credit bureaus annually. In this way, you can access your score as often as you want and always have a consistent baseline to better understand how your score is changing.

WWW.TRIADLENDING.COM

 

PRE-QUALIFY SECURELY HERE