Earlier this week, a 73 year old Silicon Valley Realtor called our office because he represented one of our many pre-approved buyers. He was sharp, well-educated and articulate, and he has been in the business much longer than most of our employees have been alive.
After he told us how things are, and how things should be (as experienced Realtors like to do), he raved about us. And he raved again. He raved because he was so impressed that we educated our borrower so well. He said we did the work he normally has to do. In his experience, no other loan officer does what we do.
For ALL of our pre-approved borrowers we do the following: (1) we explain in great detail the entire home-buying process verbally and with our “Homebuyers Memo”; (2) we set out multiple payment scenarios for different price-points; (3) we explain the tax benefits and the net effective housing payment “after tax benefits” are accounted for; (4) we explain that tax withholdings can be reduced at one’s employer in order to appreciate the “tax benefits” immediately; and (5) we issue “Pre-Approval” letters, not just “pre-qualification” letters, making offers look much stronger.
To further strengthen offers, we also offer 21 day closings, and we are happy to provide “DU” (Fannie Mae’s Automated Underwriter) Findings.
Founder/Broker | JVM Lending
(925) 855-4491 | DRE# 01524255, NMLS# 335646