If HVCC, MDIA, SAFE Act, Red Flags, HUD Mini-Eagle changes and RESPA have you unsure as to how to proceed into 2010, you are not alone. Brokers all over California are looking at different ways of structuring for the new era.
While Pinnacle Capital Mortgage stays committed to our wholesale channel, we also offer a solution for the times through our affiliate branch channel. We can afford, you, the successful broker owner/operator a way to keep your presence and branding in your marketplace while gaining valuable support with accounting, compliance, HR, licensing and HUD approval.
Let’s talk about the best option for you!Click here for Affiliate Branch Program overview. We stand ready to support you this year whether as your wholesale lender or banking partner.
See my editorial FORGET RED FLAGS, WHERE'S MY WHITE FLAG! in this month's Broker Banker Magazine!
View my editorial update from NAMB (Legislative Conference in DC) in Broker Banker Magazine. Read what Paul Mondor from the Federal Reserve and FHA Commissioner Stevens had to say...
95% MI Conforming and 90% MI High Balance now available
95% Conforming
* Conforming loan amounts * 760 credit scores and 41% DTI * Purchase only * Delegated UW * No condos or attached PUD's
90% High Balance
* LA's up to $729,750 * 720 credit scores and 41% DTI * Purchase only * Delegated UW up to $650k * No condos or attached PUD's
DISCLAIMER:This information is intended for mortgage professionals only and is not an advertisement to extend credit. All rates and programs subject to change without notice.
Jumping Aboard the Banker Train?
12 interview questions for brokers joining bankers
“It is a big step, but if it is a step onto the right platform, it can position you to thrive and grow your business going forward.”
So, HVCC, MDIA, SAFE ACT, RESPA and RED FLAGS have you waiving your White Flag. You’ve concluded the barrage of changes to our industry have proven a tremendous drain on focus and energy that could be better spent on marketing and recruiting efforts. There may be other reasons factoring into your decision, such as, concerns over ...
READ MORE