FHA and Investor Specialist

 To my fellow loan officers and agents:

Loan Officers: Do More Loans! I have started working with a program that helps to establish a relationship between a loan officer and real estate agent, and thought I would share it with you. I am currently using a system that allows me to create websites for agents' listings and send them to Craigs List every 4 days as well as 9 other real estate websites such as Oodle, Trulia, Zillow, and Google.

Loan Officers: Do More Loans The beauty of the system is I am not asking for business, but rather helping to generate more business.  You can place your own banner on the sites, and receive all contact request information.

I currently have 9 real estate agents using and loving my system, with 63 listing websites up and running.  Having this to offer gives me the confidence to go out and solicit agents as I now have something of value to offer.

Check out this site for more information, testimonials, and a full program description.  You can get started or a try free 5 day trial.

Here are some examples of websites I have created:

172 Mission Road

15 Boulder Ridge

35 Holland Road

27 Chesterfield Drive

1029 Leesville Avenue

Again, Check out this site for more information on getting started or a free 5 day trial.  Agents, feel free to contact me directly to have your listings marketed for free.

I just thought I would share this tool that has proven useful to me.  Happy selling, and Loan Officers: Do More Loans!

Michael Byrne

www.refi-fhasecure.com

www.mortgageprosforum.com

Click here for more info:  http://www.domoreloans.com/e_testimonials.htm?refid=naitch6203

For Immediate Release:

5/19/09 Bridgewater, NJ:

The creators of www.bankrx.com are providing real data to analyze a bank's health using key ratios.  The newly formed company has created the BankRx Index to gauge the probability of a bank's success.  The beauty of the BankRx Index is that a conclusive number is rendered, similar to taking one's temperature to gauge one's physical health.  This estimated probability gives us a measure of the "bank health". The model is based on economically sound principles of bank success, and we apply these concepts to practice by using state-of-the art statistical models.  The BankRx Index is a great tool for banking executives to utilize in preparing for regulators and managing risk.

The information on the site can be utilized by consumers, job seekers, potential investors, analysts, and bank personnel as well.  The key ratio data regarding capital adequacy, income data, and asset quality provided by BankRx will give one at the very least enough information to ask pertinent questions about a specific banks current health.  Consumers, analysts, and bankers alike will benefit from utilizing the peer groups available to measure and contrast similar institutions' key ratios on www.bankrx.com .   

The founders of BankRx have over 100 years combined banking experience in compliance, consumer banking finance, risk management, and mortgage banking.  This experience allows them to make pertinent data available in both a user friendly and economical manner, while maintaining relevance.  Banking executive George Patellis states, "The BankRx Index is useful in that it is easy to understand the score, which factors so much data.  It is also very insightful to compare the capital adequacy and asset quality ratios within a peer group."

Included as well is a post-mortem section, which takes a look at the statistics of recently failed banks.  Applying the BankRx Index to the failed banks yields shows a strong positive correlation.  BankRx CEO Sunil Choudhary notes, "Of the 32 failed banks year to date, 80% belonged in the bottom 2% of the BankRx Index.  This, along with our ratio analysis, allows one to analyze their risk and what it means to their capital requirement.  BankRx provides information that makes it easy for banks to measure their risk and prepare them for the new era of risk-based regulations."

BankRx Contact Information:

Michael Byrne

Account Executive

BankRx

1200 Route 22 East, Suite 2000

Bridgewater NJ 08807

(215) 366-2732

Michael.Byrne@BankRx.com

www.BankRx.com

Despite the news of tightening of the credit markets, it appears that after long last that there is a bit of easing in the Jumbo Mortgage Market.  Senior management at my company has worked diligently to bolster our warehouse lines as well as enhance our investor relationships in order to offer many different jumbo loan programs.  Rates dropped a bit this week on many programs.

Current highlights include great jumbo rates even in areas where the jumbo loan limit was not raised over $440,000 in many counties of Connecticut.  In other areas such as Fairfield County, the conforming jumbo loan limit is just over $700k.  We can offer financing on jumbo loans to 1,500,000 and above. 

Fully documented loans are available with a 20% down payment or 20% equity in refinances on loan amounts up to 1 Million.  Excellent rates are available on 5/1, 7/1, and 10/1 ARM Programs, as well as the standard fixed rates.  Call or email me for customized quotes and details on a loan program for you.

Currently 5/1 and 7/1 ARMS are often below 5% with no points.  Contact me for APR's and current offerings.

A recent client of mine has taken a relatively novel approach: he is using an interest-only ARM as a means of accerelating his mortgage, rather than making due with the minimum interest payment.  Others still are finding an opportunity to switch to a 15 year loan or simply from an interest-only loan to a fully amortized loan.

Stated Income programs for the self-employed and No-doc loans are slowly coming around as well.  Call for specific details.

In Connecticut, we also have Super Jumbo financing available on loan amounts to 5 Million Dollars with up to 70-80% Financing, and even 10 Million Dollars on an exception basis.

All in all, it appears that slowly but surely credit is beginning to loosen for qualified borrowers!

Michael Byrne

www.refi-fhasecure.com

www.mortgageprosforum.com

* Guidelines subject to change without notice and subject to final investor underwriting.

Gateway Funding Diversified Mortgage Services, L.P. is licensed by the PA Department of Banking as a first mortgage banker and licensed pursuant to the PA Secondary Mortgage Loan Act; Arkansas Mortgage Company License; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act; DC Mortgage Lender and Broker; a Georgia Residential Mortgage Licensee (#15499); Illinois Residential Mortgage Licensee; Kansas licensed Mortgage Company; Massachusetts Mortgage Lender and Broker (#MC-3052); Licensed by the New Hampshire Banking Department (#10192-MBB); Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker NYS Banking Department; a Mortgage Lender and Broker in Rhode Island; Gateway Funding is also authorized or exempt as a mortgage banker in AL, CO, CT, DE, FL, IN, IA, ME, MD MI, MN, MO, MT, NE, NV, NM, NC, OH, OK, OR, SC, TN, TX, UT, VT, VA, WV, and WI. This is not an offer to extend credit to any individual who may be entitled to a more complete disclosure per RESPA, TILA, HOEPA or any other more applicable federal, state or local law or regulation, Rates, Terms, Fees and Equity requirements are subject to change without notice. For qualified borrowers only. Equal Housing Lender.  © 2008 Gateway Funding Diversified Mortgage Services, L.P.

Ct. Super Jumbo Loan Programs  Delaware Jumbo Loans New Jersey Jumbo Loans NY Super Jumbo Loans

Despite the news of tightening of the credit markets, it appears that after long last that there is a bit of easing in the Jumbo Mortgage Market.  Senior management at my company has worked diligently to establish our warehouse lines as well as investor relationships in order to offer many different jumbo loan programs.

Current highlights include great jumbo rates even in areas where the jumbo loan limit was not raised at all in Sussex, Kent, or New Castle County. This is all despite the many expensive properties not only in the beach region, but also in Hockessin, Greenville, and surrounding areas.

Fully documented loans are available with a 20% down payment or 20% equity in refinances on loan amounts up to 750k.   Loan amounts above 750k are available as well, contact me for details.  Excellent rates are available on 5/1, 7/1, and 10/1 ARM Programs, as well as the standard 30, 20 and 15 year fixed rates.  Call or email me for customized quotes and details on a loan program for you.

Currently 5/1 and 7/1 ARM programs have dipped below the 5% threshold for many jumbo borrowers with no points.  Call for details, and APR's.

Second homes are eligible for jumbo financing as well, for those with Beach Houses in Rehoboth, Dewey, Bethany and the surrounding areas.

Stated Income programs for the self-employed and No-doc loans are slowly coming around as well.  Call for specific details.

All in all, it appears that slowly but surely credit is beginning to loosen for qualified borrowers!

Michael Byrne

www.refi-fhasecure.com

www.mortgageprosforum.com

* Guidelines subject to change without notice and subject to final investor underwriting.

Gateway Funding Diversified Mortgage Services, L.P. is licensed by the PA Department of Banking as a first mortgage banker and licensed pursuant to the PA Secondary Mortgage Loan Act; Arkansas Mortgage Company License; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act; DC Mortgage Lender and Broker; a Georgia Residential Mortgage Licensee (#15499); Illinois Residential Mortgage Licensee; Kansas licensed Mortgage Company; Massachusetts Mortgage Lender and Broker (#MC-3052); Licensed by the New Hampshire Banking Department (#10192-MBB); Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker NYS Banking Department; a Mortgage Lender and Broker in Rhode Island; Gateway Funding is also authorized or exempt as a mortgage banker in AL, CO, CT, DE, FL, IN, IA, ME, MD MI, MN, MO, MT, NE, NV, NM, NC, OH, OK, OR, SC, TN, TX, UT, VT, VA, WV, and WI. This is not an offer to extend credit to any individual who may be entitled to a more complete disclosure per RESPA, TILA, HOEPA or any other more applicable federal, state or local law or regulation, Rates, Terms, Fees and Equity requirements are subject to change without notice. For qualified borrowers only. Equal Housing Lender.  © 2008 Gateway Funding Diversified Mortgage Services, L.P.

Ct. Super Jumbo Loan Programs  Delaware Jumbo Loans New Jersey Jumbo Loans NY Super Jumbo Loans

Despite the news of tightening of the credit markets, it appears that after long last that there is a bit of easing in the Jumbo Mortgage Market.  Senior management at my company has worked diligently to establish our warehouse lines as well as investor relationships in order to offer many different jumbo loan programs.  With the conforming loan limit remaining at 417k in much of PA., it is important to offer strong jumbo programs.

Current highlights include great jumbo rates in these Counties in Pennsylvania: Delaware, Montgomery, Bucks, Chester, and Lehigh.   Many programs rates ticked down an 1/8% or so in the past weeks, and some programs even more so.  Other Jumbo Loan programs are available throughout the state of Pennsylvania as well.

Fully documented loans are available with a 20% down payment or 20% equity in refinances on loan amounts up to 1 Million, even for cash-out refinancing!   Excellent rates are available on 5/1, 7/1, and 10/1 ARM Programs, as well as the standard 30, 20 and 15 year fixed rates.  Interest only and 40 year amortization options are available as well.  Call or email me for customized quotes and details on a loan program for you.

A recent client of mine has taken a relatively novel approach: he is using an interest-only ARM as a means of accerelating his mortgage, rather than making due with the minimum interest payment.

Stated Income programs for the self-employed and No-doc loans are slowly coming around as well.  Call for specific details.

Super Jumbo loans also are available to many, with certain county restrictions.  Loans up to 5 Million are available for available to qualified buyers/owners!

All in all, it appears that slowly but surely credit is beginning to loosen for qualified borrowers!

Michael Byrne

www.refi-fhasecure.com

www.mortgageprosforum.com

* Guidelines subject to change without notice and subject to final investor underwriting.

Gateway Funding Diversified Mortgage Services, L.P. is licensed by the PA Department of Banking as a first mortgage banker and licensed pursuant to the PA Secondary Mortgage Loan Act; Arkansas Mortgage Company License; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act; DC Mortgage Lender and Broker; a Georgia Residential Mortgage Licensee (#15499); Illinois Residential Mortgage Licensee; Kansas licensed Mortgage Company; Massachusetts Mortgage Lender and Broker (#MC-3052); Licensed by the New Hampshire Banking Department (#10192-MBB); Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker NYS Banking Department; a Mortgage Lender and Broker in Rhode Island; Gateway Funding is also authorized or exempt as a mortgage banker in AL, CO, CT, DE, FL, IN, IA, ME, MD MI, MN, MO, MT, NE, NV, NM, NC, OH, OK, OR, SC, TN, TX, UT, VT, VA, WV, and WI. This is not an offer to extend credit to any individual who may be entitled to a more complete disclosure per RESPA, TILA, HOEPA or any other more applicable federal, state or local law or regulation, Rates, Terms, Fees and Equity requirements are subject to change without notice. For qualified borrowers only. Equal Housing Lender.  © 2008 Gateway Funding Diversified Mortgage Services, L.P.

Ct. Super Jumbo Loan Programs  Delaware Jumbo Loans New Jersey Jumbo Loans NY Super Jumbo Loans