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Today, we're joined by Jamie Cavanaugh. Jamie is the President of Amerifund Home Loans, Inc., from the Los Angeles area, with over 25 years of experience in the mortgage industry. Also the co-host of the GetReal 411 podcast, she has broken through the barriers of many glass ceilings to sit on executive leadership teams and has held executive board positions at companies like Bank of America, Countrywide, Prospect Mortgage and Mortgage Corporation of America, Inc. Jamie is here to discuss tactical tips for working your database, how you can become a better leader, and why you need to vet who you're getting coaching from. Amerifund Website: www.amerifund.com Jamie Cavanaugh's Instagram: @the1jamiec Jamie Cavanaugho's LinkedIn: @JamieCavanaugh GetReal 411 Podcast: www.getreal411.com Loans On Demand Website: www.loansondemand.io Luke Shankula's Facebook: @LukeShankula Luke Shankula's LinkedIn: @LukeShankula
Our guest this week was Jamie Cavanaugh, the Chief Operating Officer of Amerifund Home Loans, Inc. With over 20 years in the mortgage industry, she has been on executive leadership teams and has held executive board positions at companies like Bank of America, Countrywide, Prospect Mortgage and Mortgage Corporation of America, Inc. Her diversified experience includes compliance, origination, credit risk, post closing and secondary marketing management. She talked about the importance of staying up on your business building activities, even during the current refinancing boom. Listen now!PODCAST: https://www.irepodcast.com/ PODCAST FACEBOOK: https://www.facebook.com/IREPodcast/WEBSITE: https://www.omegalendinggroup.com FACEBOOK: https://www.facebook.com/OmegaLending/ LINKEDIN: https://www.linkedin.com/company/omegalending/ INSTAGRAM: https://www.instagram.com/omegalending/
This week, the Virginia REALTORS® legal team completes a two-part series on RESPA by discussing kickbacks and referrals. Jon and Erin talk about the six forms of permissible compensation under RESPA, and how the Prospect Mortgage case has changed the regulatory landscape. They also answer some legal hotline questions, such as “Can I offer to contribute money to a charity of the person’s choosing if they refer me clients?”. Finally, they tell you how to best limit your risk when it comes to RESPA.
5 Minute Success Podcast – Scott Groves Here’s to your success in business and in life! In this episode, Karen and Scott discuss: How to provide exceptional service from application to closing How to foster close relationships with real estate agents, buyers, and sellers Flipping the Pancake How to get people not to focus on the rate Key Takeaways and Actionable Success Principles: Have strong core values like honesty and integrity It is easy to apply for a loan but not to get approved Don't only look at the lowest interest late The most important thing is to close the house "You are shopping for a home, you are applying for a loan." - Scott Groves About Scott Groves: By fostering close relationships with real estate agents, buyers, and sellers, Scott Groves has built a career out of providing exceptional service from application to closing. His business philosophy has always been a simple creed: do the right thing for the client and serve his Realtor Community. After his honorable discharge in 2000 from the Army, Scott attended Pasadena City College and UCLA’s extension program for financial planning. Over the last fifteen years he has worked for Washington Mutual, Wells Fargo, Prospect Mortgage, Movement Mortgage, and New American Funding. Strong core values like honesty and integrity have allowed Scott to thrive in the current lending environment. He has received awards from multiple banks for loan production, customer satisfaction, and exemplary audit reviews. He currently serves as the branch manager and top producing loan officer for the Los Angeles branch of New American Funding where he and his partner are tracking to fund $150,000,000 in personal production while also growing a branch with eight additional loan officers and six support staff. Scott is currently ranked in the top 100 loan originators for purchase mortgages nationwide. Join host Karen Briscoe each week to learn how you can achieve success at a higher level by investing just 5 minutes a day! Tune in to hear powerful, inspirational success stories and expert insights from entrepreneurs, business owners, industry leaders, and real estate agents that will transform your business and life. Karen shares a-ha moments that have shaped her career and discusses key concepts from her book Real Estate Success in 5 Minutes a Day: Secrets of a Top Agent Revealed. Connect with Karen Briscoe: Twitter: @5MinuteSuccess Facebook: https://www.facebook.com/groups/5minutesuccess/ Website: http://www.5minutesuccess.com/ Email: karen@5minutesuccess.com Connect with Scott Groves: Website: www.LendLA.com Instagram: https://www.instagram.com/consolidatedcoaching/ LinkedIn: https://www.linkedin.com/in/scott-groves-9a4504100/ Facebook: www.facebook.com/lenderscott 5 Minute Success Links Learn more about Karen’s book, Real Estate Success in 5 Minutes a Day Subscribe to 5 Minute Success Podcast Spread the love and share the secrets of 5 Minute Success with your friends and colleagues! Show notes by show producer: Danielle Taylor
New Haven & Fairfield County Real Estate Podcast with Jonathan Carbutti
Home renovation loans are great for homeowners and investors alike. You can make your home look just the way you want it with any of these products.There is a lot of confusion surrounding renovation loans. Can you really borrow money to fix up your home and make it exactly the way you want it to be?The answer is yes. There are some really great renovation loan products in the marketplace right now. For example, the FHA 203k renovation loan is a federally insured mortgage that allows you to use just 3.5% of your own money. You can also build in the cost of the rehab right into the loan.There are some great renovation loan products in the marketplace right now. Another renovation loan you might not have heard of is the Fannie Mae HomeStyle Renovation Mortgage. This program is for owner-occupants who want to fix up the home and live there.If you are an investor, there is also a great product out there for you. You can use just 15% of your own money for the whole renovation, flip the house, and then resell for a profit.We use a great company called Prospect Mortgage, one of the largest renovation loan providers in the country. We would be happy to refer you to them.In fact, Carbutti & Co. Realtors will be teaming up with Prospect Mortgage to provide an informative seminar for people looking to buy a home. This seminar will help potential home buyers understand some of the in's and out's of the home buying process that you might not be aware of if you have never gone through this complex process. Click here to register for that seminar on Tuesday, December 6th from 6:00pm-9:00pm. If you want to find out more about these renovation loans, give me a call or send me an email. I would be happy to help you out!
IMN Single Family Rental Conference Dec 5-7, 2016. CMT listeners can use code SP20 for a 20% discount. The fix and flip industry has become a very popular and profitable business as the housing market continues to recover. According to RealtyTrac, the average return on investment for house flippers grew from about 20 % in 2011 to 35 % to 2015. In some parts of the country, 8-10 % of all single-family home sales are fix and flips. There are three main financing options for investors to grow their business: bank Loans, private money loans and real estate crowd funding. Joining the podcast today is Mark Filler, CEO of Jordan Capital Finance. Jordan Capital Finance is a direct private money lender serving residential real estate investors who acquire, renovate, rent, and sell properties. Prior to founding Jordan Capital Finance, Mark co-founded Prism Financial Corporation and was the was the sole founder of Prospect Mortgage which is currently one of the largest independent retail mortgage lenders.
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