hardmoney
05-22-2007, 07:26 PM
My name is Deric and I work for a hard money lender in California.We get applicants that are over-qualified for our loans and don't want to pay our rates and fees. These are conventional borrowers all over the country that we can refer to you. Here's a overview.
Here is a quick overview of our Turndown Program
The client applies with us via one of our advertisements on Yahoo.
Keyword Example: Adjustable Rate Mortgage, Minimum Monthly Payment, Sub-prime money loans, Quick Funding, Bridge Loan, Prepayment Penalty
One of our Loan Originators calls the client immediately upon receipt of their application, and tries to qualify the client for one of our Hard Money programs. If they fit with us we retain the app. If they don’t, we give them the option to be referred out to another mortgage company who is better suited to handle that type of loan.
If client would like to be referred out the LO continues with the qualification process and sets a call back time for you to call back the next day.
Each application is provided to you exclusively via email or fax the next morning.
Any Bankruptcies, Foreclosures, Sub 500 credit applications will be kept in house by Quick Cash Lending. If provided to you Quick Cash Lending will replace these submissions.
There are no monthly contracts, quantity per day will be determined by how many turndowns we receive daily and how many you can handle.
Applications are $35 for qty under 100, $30 for qty over 100.
Deric Callegari
Here is a quick overview of our Turndown Program
The client applies with us via one of our advertisements on Yahoo.
Keyword Example: Adjustable Rate Mortgage, Minimum Monthly Payment, Sub-prime money loans, Quick Funding, Bridge Loan, Prepayment Penalty
One of our Loan Originators calls the client immediately upon receipt of their application, and tries to qualify the client for one of our Hard Money programs. If they fit with us we retain the app. If they don’t, we give them the option to be referred out to another mortgage company who is better suited to handle that type of loan.
If client would like to be referred out the LO continues with the qualification process and sets a call back time for you to call back the next day.
Each application is provided to you exclusively via email or fax the next morning.
Any Bankruptcies, Foreclosures, Sub 500 credit applications will be kept in house by Quick Cash Lending. If provided to you Quick Cash Lending will replace these submissions.
There are no monthly contracts, quantity per day will be determined by how many turndowns we receive daily and how many you can handle.
Applications are $35 for qty under 100, $30 for qty over 100.
Deric Callegari