Mortgage brokers, loan officers, real estate brokers and agents: Don't let a "down" market keep you from earning money. Do you have a list of past clients? Good. We'll show you how you can call them and show them how to save money. They'll thank you and send you referrals PLUS you'll make money - today.
Do you have a client who can't qualify for a refi? Don't just let them walk out your door - you both loose. Get them qualified by helping them improve their credit score while YOU get paid AND set up a new loan for them in the future. (Guess who they'll go to for that new loan?)
Have a closing for a purchase? Great. Show your client how to save tens of thousands of dollarswhile you pocket an additional commission!
These are just a few of the scenarios that our program can do for you and your client. We can help you just like we've helped hundreds of other real estate professionals earn subastantial fees while helping their clients. How?
Here's the reality - homeowners are over their heads in debt with not a lot of options. One of the main reasons is because for years, lenders have been programming us how to pay our loans. Obviously, lenders want to make the most amount of money possible off of the homeowner. But is this really in the best interest of your client? Of course not. But, you closed the deal, you got paid on the origination and life goes on. After all - what can you do? Actually, plenty...if you know the game and understand what really goes on behind the scenes.
Let me let you in on a little industry secret. After you close a loan, your lender solicits your clients for a lot of different products and services. They contact your client, without your permission and probably without you even knowing about it. One of the most popular services is a bi-weekly payment plan. On average, lenders typically charge between $300-$800 for this service - often times, up front. (I know, some of you will say, "Yeah, but there are lenders that will do that for free." Well, the truth is, no, not really. And I'll be talking more about this later on my page and shatter that myth real in seconds by pulling back the curtain on the "great and mighty OZ and tell you what REALLY happens.) But for now, ask yourself: When have you EVER heard of a lender doing ANYTHING for "free"? Yeah,...that's what I thought.
Anyway, your lender solicits your clients and often times enroll them in a bi-weekly payment plan. (If clients didn't enroll, lenders wouldn't continue to solicit them. Lenders only do things if they're profitable. But, at this point, they control the file. When the client (YOUR client) signs up, guess what? The lender keeps the money. All of it. So, in other words, you get the clients, the lender signs them up and THEY keep all the money. Funny how that works, isn't it? How would you like to turn the tables? How would you like to get paid AND enroll your client in better program? Well, you can.
We have a bi-weekly program that's quite a bit better than other programs out there. We call it, the "Equity Building System" (EBS). This simple concept can save a homeowner tens of thousands of dollars over the course of a loan. We work with you - the real estate professional. We help you present the same program directly to your client. (Actually, our program is much better than most other bi-weekly programs in the market, for several reasons.
But what makes our program truly unique and beneficial to your client is our back office support and "live" personnel that works with your clients and their lenders to make sure things happen like they're suppose to. We combine state of the art technology and great customer service to make these savings a reality. We even provide clients with a free annual audit of their account. Why? When was the last time you ever heard of a lender policing themselves? (Kind of like having the fox minding the chicken coop, isn't it?) And the proof is, if they did such a great job of ensuring that YOUR clients' principle payments were applied correctly, we wouldn't have to correct so many lender-based errors. But unfortunately, we do.
Plus, here's the good news: YOU GET PAID! Several different ways. (We even have a fantastic residual program that can put tens of thousands of dollars in your pocket.)
Some say a homeowner can do this themselves. Theoretically, that's true. Real world, that rarely actually happens. for three reasons, which I'll talk about later in this site. For now, read what some media sources have to say about just one of the problems:
"The big scandal last summer was the discovery that a tremendous number of errors are made by lenders when they figure changes in adjustable rate mortgages...The error rate in loan payment calculations ranges from 25% to 50%, depending on who's doing the auditing." USA Today
"Borrowers urged to carefully monitor mortgage bills to prevent misbillings...That is because a federal agency has found that many banks and mortgage servicers are flunking the rate-adjustment test themselves, with the result that many- perhaps one of every four- borrowers are boing billed too much or too little every month." The New York Times
"A recent report that borrowers may have been overcharged as much as $8 billion on adjustable-rate mortgages and other types of loans has renewed calls from some experts that homeowners should pay closer attention to changes in their ARM's interest rate." Los Angeles Times
These statements are true but actually they're pretty lame and toned down. The fact is, the problem is MUCH worse, as you'll find out why.
If you're serious about making a substantial income even in a down market while at the same time helping your clients, call me and find out how you can profit today.
Leonard Ferrara
