Community Mortgage

C o r p o r a t i o n

Realtors

We appreciate REALTORS! More than anyone else, all of us at Community Mortgage would like to thank the realtors who help us close loans. It feels great when you can hand the new owner the keys to their home! Service will continue to be what makes us successful, and we hope to provide even better service in the months ahead. Bottom Line:

• Quick Pre-Qualifications

• Freddie-Mac Loan Prospector© and FannieMae Desktop Underwriter© for fast loan decisions

• In-house, local HUD and VA approved Underwriters

• 5 days (or less) for appraisals

• Quick resolution for underwriting conditions

• Rapid Resolve© for fast resolution of credit challenges

• Constant attention to "Must Close Dates"

• Varied loan programs to meet difficult situations

• Full service company - FHA, VA, Conventional, as well as an premium BC lending department

Over the years we have watched some realtors become very successful and others leave the business. The successful ones actively pursued becoming professional in all aspects of listing and selling real estate. They all seemed to have a good understanding of mortgage basics. We understand the two basic parts, listing and selling and focus our attention on both.

Listing, as related to the mortgage loan, involves knowing various loan programs available to best market the property. These could be "0" down payment programs, Tennessee Housing Development Authority (THDA), City of Memphis down payment assistance, Mississippi Bond, and many others. Having a wide variety of loan programs available increases the number of prospective borrowers, thereby increasing the odds of finding a buyer.

The mortgage part of selling begins with pre-qualifying the buyer. Once again, knowledge of the various loan programs allows a realtor to determine if the buyer qualifies, and what amount he qualifies for. This knowledge will save a professional realtor a great deal of time and frustration. It is our goal to provide the realtor with the correct information on what the borrower can and can't do. This allows the realtor to  focus on properties that will work.

If you are just getting started as a realtor, or want to increase your understanding of how to best integrate mortgage financing into your listings and sales, you have found the right mortgage lender. We would appreciate the opportunity to join you on the mortgage side of the real estate business.

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