Learn To Be A Fix and Flip Investor: May 2014

Friday, May 9, 2014

Arizona Mortgage Brokers and Banks: How Do I Tell the Difference?

: Trust Deed Investing, Arizona Mortgage Broker

If you’re not what they would call “real estate savvy,” you probably don’t even know the difference between different types of home loans and the people and institutions that offer them. Not to worry. You’re starting at a good place. Here are a few differences between Arizona mortgage brokers and banks and the services they can offer to you in your time of need.

1. Arizona Mortgage Brokers know the ins and outs of the home market. Banks know how to do loans. Both of these can be advantageous, but ultimately, you want someone who knows about a broader scope than just the financial part of things. Your broker can tell you about resale value, neighborhoods, etc.

2. Your Arizona Mortgage broker will shop around and compare rates. Your bank will not. Your bank is going to give you the rate they offer—which makes sense…why would they shop around for you? Brokers do a lot of comparing and contrasting to bring you the best deals.

3. Sometimes brokers require extra fees. Sometimes the lender pays these fees, but sometimes the borrower has to. Watch out for this. The bank won’t typically charge you any other fees for their services (that’s all wrapped into the loan), but sometimes brokers will.

How Do I Know Which Arizona Mortgage Broker is Best For Me?

: Arizona Mortgage Broker Home Loan

Simply put, do your research. Really, you can’t just walk into this blindly…you need to find the right Arizona mortgage broker to help you in your specific and unique situation. You have a different knowledge base, financial circumstance, and desire for the home you are looking to buy. You need to find a broker who is on the same page as you.

Weigh the pros and cons of getting an Arizona mortgage broker instead of going directly to a bank for your home loan.

Brokers aren't right for every situation, and neither are banks. Find a broker you can relate to, that takes an interest in your situation, and most importantly, is experienced enough to know the market and get you the absolute best value and deal on your home. What are you waiting for? Find the Arizona mortgage broker who is right for you today!

: Arizona Mortgage Broker Team, investing in trust deeds Arizona

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Tel: (623) 582-4444 | Fax: (888) 279-6917
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

How are Arizona Mortgage Brokers Qualified?

: Arizona Home Loan FHA USDA Specialists

Whether you’re looking to become an Arizona mortgage broker, or if you’re needing the services of one, you need to know the requirements. Arizona mortgage brokers are regulated by the Arizona Department of Financial Institutions. Essentially, their goal is to protect the consumer without hurting the industry of the broker. All the licenses in Arizona are handled through the National Mortgage Licensing System—as with any other state in the US.

It seems pretty obvious that an Arizona Mortgage Broker must be a citizen of Arizona, but it’s still good to know. They cannot work as a broker in another state. If you’re looking to start a career in mortgage brokerage, consider these requirements:

-experience in the mortgage industry (at least 3 out of the last 5 years)

-knowledge of the terms and jargon of the industry

-personal history that includes financial statements

-Arizona license

What if I need an Arizona Mortgage Broker?

: Arizona Mortgage Broker,

If you’re looking for a home, you have to start with the logistics. Sure, it’s the subject that put us all to sleep in our school years…but it’s necessary! You have GOT to do the math. You need someone who understands the economy and the real estate industry and an Arizona mortgage broker is just that someone. Get out your financial documents, check your credit score (or they can do it for you), consider the range of loan you’re seeking to receive, and be ready for the ride of your life! Your Arizona mortgage broker will be there helping you every step of the way until you make your first mortgage payment. There is no better feeling that knowing you are financially secure and confident in the loan process and the final decisions you make for yourself and your family.

: Big Daddy Dennis Hard Money Lender, Arizona Mortgage Broker

Thursday, May 8, 2014

What is a USDA Home Loan about for Arizona?

: Trust Deed Investing, Arizona Mortgage Broker

If you are wondering what a USDA Home Loan Arizona is, let me fill you in! A USDA Home Loan Arizona is essentially a mortgage loan, but offered mainly to those who own rural property. It is offered by the United States Department of Agriculture. This loan’s purpose is to provide loans and grants to those who are very low income homeowners in order that they may make repairs, improvements and to modernize. It is also to make sure that their homes are up to date and modernized so that there are no health or safety hazards. It is not the typical mortgage in that USDA Home Loan Arizona requires no down payment, and may be financed up to one hundred percent of the property value. You also must meet the income limit restrictions in the county you reside in. the property must also be in a rural area as defined by the USDA.

Why Might I need a USDA Home Loan Arizona?

: Arizona Mortgage Broker, Arizona Home Loan

If you are unable to make important repairs to your property and the matter is becoming a safety hazard then you might need a USDA Home Loan Arizona. These USDA Home Loans Arizona are meant to help people who reside in a dwelling were it is becoming unsafe to live, whether through a lack of necessary repairs such as bad structure, or health concerns that include, but are not limited to, bad plumbing, poor water quality and supply or pest control problems.

Not just safety is considered, but so is comfort. If your dwelling is ridiculously under-modernized than you might look into a USDA Home Loan Arizona. You will not receive the funds to make your rural home a hot spot or a Countrified Ritz, but if you need necessary repairs then this is the loan for you!

: Arizona Home Loan FHA USDA Specialists

Are you interested in a USDA Home Loan Arizona?

: Arizona Home Loan

The USDA Home Loans Arizona is especially for those people who live on rural land in conditions that are not all that desirable. Some dwellings may have a lack of necessary repairs and there might even be some desperate health concerns. If you are just getting by in a home that make you nervous just to live there, then you definitely should check out the USDA Home Loan Arizona ! Let me name some key concerns that this loan can help you with! If you have fire concerns with electric wiring, poor plumbing, bad water or limited quantities of water, poor structural quality, and even invasive pests, then check out the USDA Home Loan Arizona!

If you have problems with your residence that are not really safety concerns but more along the lines of bringing your home to a reasonable modern level, the USDA Home Loan Arizona can help you bring it up to a comfortable standard.

Am I Qualified for an USDA Home Loan Arizona?

The applicant must live in a rural area. And not all rural areas are created equal. It must

: Arizona Mortgage Broker,

be an area that the USDA approves of in the designated “footprint.” This is a boundary outlines the accepted rural developments. These boundaries have been known to change, so it is important to check before you apply for a USDA Home Loan Arizona.

: Arizona Mortgage Broker

There are a few other things that we need to do to qualify for a USDA Home Loan Arizona. The family that is applying must be without adequate housing. What is adequate housing you may ask? Sufficient housing is safe with reasonable comfortable levels and without any health hazards.

There are also income limits. These also vary depending on the county. But if you are over the limit with the entire household income, make sure you check out the deductions. These may put you back under so that you qualify.

If you have these things than you may qualify for a USDA Home Loan Arizona.

: Arizona Home Loan, Mortgage Broker

Are you wondering about a USDA Home Loan Arizona?

: Arizona Mortgage Broker, Arizona Home Loan, USDA Home Loan

It is not the typical mortgage in that USDA Home Loan Arizona requires no down payment, and may be financed all the way up to one hundred percent of what the property is valued at. But it is important that you meet the income restrictions on the loan or you will not qualify. Another important thing you need to qualify in is the right rural area. You can look up what rural areas the USDA says qualifies.

A USDA Home Loan Arizona is essentially a mortgage loan, but offered mainly to those who own rural property. This loan’s purpose is to provide loans and grants to those who are very low income homeowners in order that they may make repairs, improvements and to modernize. This is a great way to finally improve your quality of living if you have had a hard time finding any other option.

Is the USDA Home Loan Arizona right for me?

To qualify for a USDA Home Loan Arizona you must live in a rural area, and one that is defined by the USDA. The property you are looking for a home loan on, must be owner-occupied. That means that you cannot use a USDA Home Loan Arizona if you are looking

: Arizona Mortgage Broker, Arizona Home Loans

for an investment opportunity. The owners must also not be able to get credit anywhere else. And if you are under the age of 62 then you are out of luck. Only those age 62 and up are qualified for a USDA Home Loan Arizona. And if you are without adequate housing this is a great option, but you have be able to make the payments. You must also have a reasonable credit history.

If you are looking to make repairs so that your dwelling is safe, cannot get the loan somewhere else, and live in an USDA approved rural area, a USDA Home Loan Arizona is right for you!

: Arizona Mortgage Broker Team, investing in trust deeds Arizona

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Tel: (623) 582-4444 | Fax: (888) 279-6917
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix A

Wednesday, May 7, 2014

Who Can Give You an Arizona Home Loan?

: Arizona Mortgage Broker

You might have just been saying that you need an Arizona home loan but that you weren't sure how to get it.

We can help you out. If you have been worried about your credit because you recently lost a lot of money due to the economy, then this is the time to figure out how to get a hard money lender to give you an Arizona home loan and this is a great place to start. Forgo the annoyances of the traditional bank loan that has you waiting for forever before they finally turn you down. Bank loans are incredibly difficult to get nowadays just because the economy went so far south that it’s hard to find anyone with a good credit score nowadays.

Star the path towards a hard money lender who can give you a home loan Arizona. If you need a home loan Arizona but you know that getting a loan during this time would be tough, then start your research and find your private lender sooner rather than later. The time is now!

: Mans Best Friend The Arizona Mortgage Broker

Embrace it! Find a lender who wants to help you out. You have the assets they are looking for even if you don’t have the credit. A private lender will be fine with that! They want to help you get the home loan Arizona that you need to get your life back on track and get the home of your dreams. This is a positive step in the right direction so let’s get it going today!

Get together with your private lender to start going over how to get your home loan Arizona. Don’t wait for the banks to dictate what you can do! Get someone who cares to help you out! You can start as soon as today! Check it out.

: Loan Officer Level 4 Funding

Dennis Dahlberg
Broker/RI/CEO/MLOLevel 4 Funding LLC
Tel: (623) 582-4444 | Fax: (888) 279-6917www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ

Are You a Candidate for USDA Home Loans Arizona?

: Arizona Mortgage Broker Home Loan

Do you think you’re the perfect candidate for USDA Home Loans Arizona? Let’s take a look to find out!

If you have been wondering about USDA Home Loans Arizona, now is the perfect chance to take a better look and find out if this is the right way to go for you. For one, you have to be eligible. Eligibility is a case-by-case basis, but there are some ways to figure out faster if you do qualify for USDA Home Loans Arizona.

For one, you have to look at your overall income because there is a maximum income requirement that goes by family size. However, it should be noted that adjustments are made for those with disabilities.

The second thing to think about is going to be your credit score. Unlike a traditional bank loan, USDA Home Loans Arizona do not require you to have a perfect credit score. While that is refreshing, it should be noted that USDA Home Loans Arizona do require you to have enough credit, but it by no means has to be good credit. So that is the difference.

There’s no down payment required either when it comes to USDA Home Loans Arizona, which is great for someone who can’t handle the conventional mortgage because of that. The loan can even cover closing costs if need be, which is enough to

: Arizona Mortgage Broker,

make anyone feel happy. An USDA Home Loan Arizona can be accommodating for those who need it. These USDA Home Loans Arizona can help boost families in need as well as help their credit score in the long wrong. Think about USDA Home Loans Arizona instead of a traditional home loan as you look for your new home or relocate your home to a new area. You will be so happy you made the change.

: Arizona Home Loan, Mortgage Broker

Dennis Dahlberg
Broker/RI/CEO/MLOLevel 4 Funding LLC
Tel: (623) 582-4444 | Fax: (888) 279-6917www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

Do You Qualify for an USDA Home Loans Arizona?

: Arizona Mortgage Broker

Are you looking into USDA Home Loans Arizona to purchase the house that you want? Now more than ever is the time to start looking into USDA Home Loans Arizona because some of the stipulations have changed and now it’s easier than ever to get the USDA Home Loans Arizona that you want and need to purchase the house of your dreams.

Whether you are looking to purchase, refinance, repair, or relocate, USDA Home Loans Arizona are the perfect way to get the subsidies you need to have the life that you want. We understand that things are tough sometimes, which is why your credit score shouldn’t be a problem when you begin to apply to USDA Home Loans Arizona in order to purchase your house.

What began in 1991 is now one of the best efforts out there to boost the amount of homes owned in rural areas, but new changes in USDA Home Loans Arizona have redefined what ‘rural’ means and now USDA Home Loans Arizona are easier to get than ever. What a great incentive for moving up and on with life.

: Mans Best Friend The Arizona Mortgage Broker

Think about what kind of house you want. USDA Home Loans Arizona do state that you need to be mindful of the kind of home. For example, USDA Home Loans Arizona are not for farms, but there are plenty of uses for these kind of loans. You can finally be a homebuyer when you qualify for USDA Home Loans Arizona.

Offered by the USDA, remember that with USDA Home Loans Arizona you no not need to put down a payment for your home.

This is covered by the loan. Additionally, the loan can even cover closing costs if need be. There are lots of great options for your USDA Home Loans Arizona. It’s time to apply today.

: Arizona Mortgage Broker, Arizona Home Loan

Dennis Dahlberg
Broker/RI/CEO/MLOLevel 4 Funding LLC
Tel: (623) 582-4444 | Fax: (888) 279-6917
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

Do You Qualify for an USDA Home Loan Arizona?

: Need a Bigger Home

Are you looking into USDA Home Loans Arizona to purchase the house that you want? Now more than ever is the time to start looking into USDA Home Loans Arizona because some of the stipulations have changed and now it’s easier than ever to get the USDA Home Loans Arizona that you want and need to purchase the house of your dreams.

: Home Loan for a New Home

Offered by the USDA, remember that with USDA Home Loans Arizona you also no not need to put down a payment for your home. This is covered by the loan. Additionally, the loan can even cover closing costs if need be. There are lots of great options for your USDA Home Loans Arizona. It’s time to apply today.

: Loan Officer Level 4 Funding

Dennis Dahlberg
Broker/RI/CEO/MLOLevel 4 Funding LLC
Tel: (623) 582-4444 | Fax: (888) 279-6917
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

Tuesday, May 6, 2014

Which Arizona Mortgage Broker Is Right for Me?

: Home Loan for a New Home

Finding an Arizona mortgage broker can be a daunting task. There are a lot of dishonest people out there and how can you trust anyone you find over the internet? Before you do something you’ll regret, stop flipping through those yellow pages and do your research! Your Arizona mortgage broker is, essentially, going to determine a big part of your future. Don’t trust just anyone with this task. While most of the home loan application and process is solely based on you and your situation, you still need to find someone you can trust who will represent you honestly and positively.

What attributes do I look for in an Arizona Mortgage Broker?

You need to find an Arizona Mortgage Broker who treats you like a person and not a paycheck. Develop a relationship with them—you will be working with them for a long time until the loan process is complete. Don’t just choose the first one who comes up on the internet. Here are a few attributes to look for:

-Honesty. Obviously. But do your homework! Ask friends and neighbors for referrals, go with your gut, don’t let them fool you. Some of them will inevitably try. Make sure there are no “elephants in the room,” and if you feel uneasy about them, move onto the next one.

: Arizona Home Loan

-Integrity. Don’t lie to them and don’t let them lie to you. Be honest if you have poor credit history or a shady financial past. It doesn't ruin you, but dishonesty will bring you down. Arizona mortgage brokers are on your side…tell them everything and don’t let them jerk you around.

-License! They have to have a license. Don’t work with anyone who doesn't. Each state has their own laws regarding real estate, so check with your state and make sure your broker matches up. If you’re suspicious, ask for proof of their license and qualifications.

: Arizona Mortgage Broker Team, investing in trust deeds Arizona

Is My Situation Right for Using an Arizona Mortgage Broker?

: Arizona Mortgage Broker

Arizona mortgage broker aren't for everyone. Not everyone needs one, and not everyone wants one. However, most of the time, mortgage brokers do a lot of good for families and individuals looking to purchase a home. If any of these situations sounds similar to yours, you definitely need to look into working with an Arizona mortgage broker.

-You are looking to get a home loan (This one applies to almost everyone who would even think about needing a broker, so it’s a no brainer.)

-You are buying your first home and just don’t know the real estate lingo yet. If you’re not a mechanic, you probably wouldn't replace the transmission in your own car. The same goes for real estate shopping—leave it to the professionals. This is especially true for the financial aspects.

: Arizona Mortgage Broker

-You have poor credit history or some other “black mark” on your financial records. Arizona mortgage brokers can represent you in the best light, without being dishonest. They know how to report credit scores (lenders have to know!) but do it in a way that may allow them to look upon your situation with a forgiving eye. Most people who have been denied by a lender directly find success through using a broker.

-You don’t know exactly what kind of loan you’re looking for or what interest rate you deserve. Lenders will do just what their name says—they’ll lend you money. That doesn’t mean they’ll shop around or do what’s in your best interest. If you’re hesitant about what you’re looking for, go with an Arizona mortgage broker.

How do I Find an Arizona Mortgage Broker?

: Arizona Home Loan

Do your homework! Just like anything else in life, you need to research. Make sure you find someone trustworthy. Meet them in person. Don’t do it all through email. You need to find someone with a clean record (some brokers can be tricky!) and one whose personally vested in your situation.

If you’re not sure where to turn, our certified Arizona mortgage broker can help.

: Arizona Mortgage Broker,
Arizona Home Loans

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