LENDER TURN DOWN PROGRAM
LENDER TURN DOWN PROGRAM
NMLS: 1647299
CALL US TODAY 512-270-2835
NMLS:4190
NMLS: 1647299
"Let My Experienced Team Look at Your Turned Down Buyers and See How We Can Get Them Approved Today!"
NMLS:4190
"Guiding your buyers to success when others have led them to
- a dead-end".
"Guiding your buyers to success when others have led them to
- a dead-end".
MONDAY - SUNDAY
@ 8:00AM - 8:00PM
** 24 HOUR TURNAROUND TIMES**
"How many times have you lost a buyer because a lender said 'no'?"
NMLS: 1647299
CALL US TODAY @ 512-270-2835
NMLS:4190
Rejection is just redirection with Lender Turn Down
Rejection is just redirection with Lender Turn Down
Let's Talk About Why Loans Can be Wrongfully Denied
Let's Talk About Why Loans Can be Wrongfully Denied
DO YOU HAVE BUYERS THAT WERE TURNED DOWN?
DO YOU HAVE BUYERS THAT WERE TURNED DOWN?
What are Common Reasons a Buyer is Denied?
The most common reasons a Buyer is denied for a mortgage is due to the Loan Officer's lack of experience or knowledge in structuring the loan. It is imperative that the loan is structured and set up correctly before submitting to UW. I have gotten many deals from other Realtors that their lender had turned down simply to not setting the file up correctly before going through Underwriting. I cross my T's, dot my I's and have a Senior Loan Officer look at my file before we submit it.
Do All Lenders Look at Mortgage Applications the Same?
Not at all, Just like Real Estate Agents, not all Lenders are equal. Most Lenders will have one person, maybe two look at a Loan Application before "Turning it down". When I look at a potential loan, I look at every angle possible and when I run into a potential issue, I cross reference with Funded Loans and our Turn Down team. We have a combined 50+ years of Mortgage Loan experience in just our Leadership team, that's not counting our Loan Officers.
Is Low Credit a Deal Breaker?
No it is not, when I review credit we look at potential score increases. 20 points can make a world of difference to interest rates and Pre-Approvals. I look at all 3 bureaus and use our in house Credit software to find the best solution. Government Loans do not have a minimum credit score.
Self-Employed Buyers?
Probably one of the largest pools of Turn Downs are Self-Employed buyers. These deals I receive weekly from Realtors, knowing how to structure a Self-Employed borrowers file is not very common. Most lenders think you need 2 years of taxes, which is not always the case. Quite often we are approving Self-Employed borrowers with only 1 year of taxes. Too many write offs? We can approve them through our "1099" or "Bank Statement" Loan programs.
Not Enough Income?
What if your Buyer doesn't budget on their own for the home or are right on the threshold? We can look at adding "Non-Occupant Co-Borrowers" to get them from Denied to Approved. We also look at raising credit scores to improve interest rates, First time buyer programs and more. Our goal is to figure out how to get them approved, not how to "Deny" them.
How Important is "Structuring" The Loan?
The most important part of the Loan is how we structure it. When it comes to calculating income, adjusting their credit score, shopping interest rates for the best deal possible, checking on first time buyer programs or new incentives being offered by our lenders, we make sure that we have the loan structured and set up for success way before we issue our Pre-Approval letters.
Does Your Buyer Have a Foreclosure or Bankruptcy?
Not all foreclosures, short sales or even bankruptcy's are created equal. We have Second chance programs and even ways to help move the process along so we can approve them even faster.
Does Your Buyer Not Have Enough For Closing Costs?
Down Payment Assistance programs, both State & Federal are available for a lot of buyers. With the addition of seller concessions we can drastically help lower the total cash to close due from your buyer.
Empowering buyers, one approval at a time
Empowering buyers, one approval at a time
Let’s Put All This In Perspective…
In this market you cannot afford to let any potential buyers fall through the cracks. I Would love the opportunity to help and see if I can get those Buyers Approved to purchase a Home with you! I even have Co-Marketing systems we can brand together to keep those Buyers in your corner so when it comes to buy, you are their first choice.
Creating pathways where others see roadblocks.- A SECOND CHANCE!
Let’s Put All This In Perspective…
In this market you cannot afford to let any potential buyers fall through the cracks. I Would love the opportunity to help and see if I can get those Buyers Approved to purchase a Home with you! I even have Co-Marketing systems we can brand together to keep those Buyers in your corner so when it comes to buy, you are their first choice.
Creating pathways where others see roadblocks.- A SECOND CHANCE!
Creating pathways where others see roadblocks.- A SECOND CHANCE!
** 24 HOUR TURNAROUND TIMES**
00Hours00Minutes00Seconds
With us, rejection is just a stepping stone to approval
With us, rejection is just a stepping stone to approval
Read About Our Recent Wins for Homebuyers
Are you doing everything in your power to turn every potential buyer into a successful homeowner?
Ready To Add Your Win To Our List?
"You Don't Know, What You Don't Know. And Guidelines Change All The Time, Just Because Someone Else Told You NO, That Doesn't Mean I Will. I Promise To Do Everything I Can and Do Whatever It Takes to Find A Path to Get Your Buyer Approved."
"You Don't Know, What You Don't Know. And Guidelines Change All The Time, Just Because Someone Else Told You NO, That Doesn't Mean I Will. I Promise To Do Everything I Can and Do Whatever It Takes to Find A Path to Get Your Buyer Approved."
ARE YOU READY TO HELP MORE BUYERS?
ARE YOU READY TO HELP MORE BUYERS?
Most Common Loan Mistakes
There is a lot of misinformation from Bankers, Lenders and Loan Officers. Buyers can hear various answers from Loan Officers, which can deter them from moving forward with you!
Self-Employed Income Myth: Most Lenders will tell you that you need 2 years of taxes for Self-Employed borrowers. In fact some programs allow using only 1 year of taxes, qualifying on 1099's, Bank Statements or Assets.
Rate Buy Downs: Most Lenders will you tell you a higher downpayment will lower your monthly payment. The truth is in the Buydowns. Lowering your interest rate is the easiest way to lower your interest monthly payment.
Closing Costs Breakdown: Closing costs are everything but the down payment. Your buydowns, title work, prepaids, initial escrows and more. When you work with us, we provide complete, transparent breakdowns of total loan closing costs.
Rate Shopping Matters: Most lenders just quote the rates they have. The best lenders shop rates, check the market and look for the best Rates for your Buyers loan.
Let Me Help You Close More Homes and Waste Less Time, by Talking to Your Buyers First!
Let Me Help You Close More Homes and Waste Less Time, by Talking to Your Buyers First!
Most Common Loan Mistakes
There is a lot of misinformation from Bankers, Lenders and Loan Officers. Buyers can hear various answers from Loan Officers, which can deter them from moving forward with you!
Self-Employed Income Myth: Most Lenders will tell you that you need 2 years of taxes for Self-Employed borrowers. In fact some programs allow using only 1 year of taxes, qualifying on 1099's, Bank Statements or Assets.
Rate Buy Downs: Most Lenders will you tell you a higher downpayment will lower your monthly payment. The truth is in the Buydowns. Lowering your interest rate is the easiest way to lower your interest monthly payment.
Closing Costs Breakdown: Closing costs are everything but the down payment. Your buydowns, title work, prepaids, initial escrows and more. When you work with us, we provide complete, transparent breakdowns of total loan closing costs.
Rate Shopping Matters: Most lenders just quote the rates they have. The best lenders shop rates, check the market and look for the best Rates for your Buyers loan.
Let Me Help You Close More Homes and Waste Less Time, by Talking to Your Buyers First!
Let Me Help You Close More Homes and Waste Less Time, by Talking to Your Buyers First!
MEEET THE TURN DOWN TEAM
MEEET THE TURN DOWN TEAM
Niko Kramer
The Hardcore Broker - NMLS: 2180891
- ITIN Loans: Options as Low as 10% Down
- Bank Statement Loans: Starting at 10% Down
- FHA Loans: Starting at 500+ Credit Scores
-
VA Loans: Starting at 500+ Credit Scores
-
Asset Depletion Loans: Qualify with Assets, Credit and Down Payment
-
DSCR: Qualify on Credit, Down Payment and Rental Income
-
Renovation Loans: Finance the Home and Renovations in One Loan
-
Avg Fico Loans: Conventional Loans for Mid to Low Credit Buyers
-
OTC Construction Loans: Finance the Land, Home and Improvements
-
We Offer 100's of Loan Products to Help Your Buyers
.
Todd Brandon
Loan Officer - NMLS: 2465753
512-820-6386
Todd@SatoriMortgage.com
Sarai Gonzalez
Loan Officer - NMLS: 1452618
512-820-6386
Sarai@SatoriMortgage.com
Keahna Del Curto
Loan Officer - NMLS #: 2338219
512-820-6386
Keahna@SatoriMortgage.com
Kimberly Caton
Loan Officer NMLS #: 2296154
512-820-6386
Kim@SatoriMortgage.com
Mikki Gaddis
Loan Officer - NMLS #: 2103366
512-820-6386
Mikki@SatoriMortgage.com
Debora Kaufmann
Loan Officer - NMLS #: 927287
512-820-6386
DeboraDoesLoans@SatoriMortgage.com
Ian McLaughlan
Loan Officer - NMLS: 2451424
512-820-6386
Ian@SatoriMortgage.com
Luke Lancaster
Loan Officer - 2311012
512-820-6386
Luke@SatoriMortgage.com
Gavin Lovering
Loan Officer - NMLS: 2180892
512-820-6386
Gavin@SatoriMortgage.com
Niko Kramer
The Hardcore Broker - NMLS: 2180891
- ITIN Loans: Options as Low as 10% Down
- Bank Statement Loans: Starting at 10% Down
- FHA Loans: Starting at 500+ Credit Scores
-
VA Loans: Starting at 500+ Credit Scores
-
Asset Depletion Loans: Qualify with Assets, Credit and Down Payment
-
DSCR: Qualify on Credit, Down Payment and Rental Income
-
Renovation Loans: Finance the Home and Renovations in One Loan
-
Avg Fico Loans: Conventional Loans for Mid to Low Credit Buyers
-
OTC Construction Loans: Finance the Land, Home and Improvements
-
We Offer 100's of Loan Products to Help Your Buyers
.
Todd Brandon
Loan Officer - NMLS: 2465753
512-820-6386
Todd@SatoriMortgage.com
Sarai Gonzalez
Loan Officer - NMLS: 1452618
512-820-6386
Sarai@SatoriMortgage.com
Keahna Del Curto
Loan Officer - NMLS #: 2338219
512-820-6386
Keahna@SatoriMortgage.com
Kimberly Caton
Loan Officer NMLS #: 2296154
512-820-6386
Kim@SatoriMortgage.com
Mikki Gaddis
Loan Officer - NMLS #: 2103366
512-820-6386
Mikki@SatoriMortgage.com
Debora Kaufmann
Loan Officer - NMLS #: 927287
512-820-6386
DeboraDoesLoans@SatoriMortgage.com
Ian McLaughlan
Loan Officer - NMLS: 2451424
512-820-6386
Ian@SatoriMortgage.com
Luke Lancaster
Loan Officer - 2311012
512-820-6386
Luke@SatoriMortgage.com
Gavin Lovering
Loan Officer - NMLS: 2180892
512-820-6386
Gavin@SatoriMortgage.com
LENDER TURN DOWN PROGRAM
Niko Kramer - "The Hardcore Broker" - NMLS: 2180891
Copyright ©2022 Satori Mortgage. NMLS# 4190. 2808 West Broadway Minneapolis, MN 55411 (866) 405-3697. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.
CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE COMPANY OR A LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE COMPANY RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE
RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE
RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEB SITE AT WWW.SML.TEXAS.GOV.
PRs may not be current and APRs change daily. Rates and fees are based on the following assumptions: Conventional <97% LTV, FHA <96.5% LTV, VA <100% LTV, USDA <100% LTV, no subordinate financing, single family residence, $250,000 loan amount, full income verification, 720+ credit, owner-occupied, primary home, first time buyer. Property must be located in the State of Florida. Borrowers must be working a minimum of 35 hours per week. This statement of current loan terms and conditions is not an offer to enter into an interest rate or discount point agreement. Any such offer may be made only pursuant to Chapter 494 of Florida Statutes.
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