My Community Mortgage

10/02/2024

Shopping for a mortgage can be confusing and intimidating. So I wanted to give some tips for when you are shopping for the best mortgage terms.

Listen you can find many other reasons to use a specific mortgage company besides they have the best deal - like they are your best friend or maybe your realtor said they are the best at a specific program you need, or they can close faster and they are local - However the majority of the time with all things equal - you want the best deal! Lets Face it - Money is Money , and you want it cheap! As a Mortgage Guy who thinks he is the best and owns the best company , I still get that.

These are some of the tips the Mortgage Guys don't want you to know!

1. Always compare apples to apples. This is most important when it comes to programs. Do not compare an FHA rate to a Conventional Rate. This is why you never ask someone what is your rate? Rates vary drastically by program.

2. Never expect an honest quote unless you have given a full application. Lenders have no idea what your rate will be so they always quote the lowest possible. DO not expect accurate information if you are not willing to provide accurate information.

3. When shopping the day is important. Rates change in an instant. You can not compare an estimate you got today to one you got two weeks ago. So much can change. If you are shopping for best rate it must all be done in a small window of time to truly compare. Do not except estimates from different time frames , it will not be comparable.

4. Use the APR. So many people get caught up in interest Rate only. Apr was created to compare deals apples to apples. APR measures rate and total fees charged. Lenders who know consumers only think rate tend to charge an abundance of fees that make their APR way higher. Make sure you are comparing rate and lender fees combined as the APR!

5. Be an ethical Shopper. There are ways to conduct business and make sure you give every party a fair opportunity to earn your business. You don't have to play parties against each other, you don't have to ghost loan officers. We are all trying to put food on our tables in a brutal market for our industry. If you have been working with someone for a while and you find a better deal , that is ok. You do not have to hide from the fact that you want a better deal - however make sure you go back to your original lender and give them the respect and opportunity to explore the " better option" . Things change , rates change - Loan officers will swoop in on the back side and try to present better deals when the market actually has changed and everyone now has a better deal. Its important to remember rules 1-4 and that you must compare apples to apples... but if this happens and you truly get a better deal - its just business - but make sure you treat all parties fairly while still doing what is best for you!

08/08/2024

OK Friends Time to Help US Find Some Winners!!

MY Community Mortage is Proud To Announce is first ever Saints Suitestakes Contest.

Share this with all the derserving kids you know. I am going to Treat 25 People to My Suite for the Saints Versus Titans Game!

We are going to have some really cool surprises for the kids as well.

To enter - The rules are really simple. Just tell us a story about why this kid deserves to win the Suitestakes Experience-- then Submit it with the coolest Saints Photo they have or can make for us!

The Link is below-- Simple Form !

https://form.jotform.com/242207033489152

08/01/2024

It’s humbling to think that we just ended July and we have already helped over 100 more families than last year!

But what truly gets me pumped up is my loan officers winning. This is how we are growing …

Huge shout to Christine Pervan- she put up the best month in the short history of our company !! Love seeing her success because she is a true ground floor leader in this industry. She does it the right way and we our honored that she choose our platform!!

05/14/2024

One of things that makes us different at My Community Mortgage :

I was talking to a loan officer this morning who is hiring an assistant that has been at two " Local " Corporate " Companies .

The Prospect wanted to know if we offer PTO or Vacation Time!

The Answer is NO we do not.

You take time when you need time , as much as you need. If I want to take time I do , so why should our employees have to ask me permission to go to their kids School event or ask my permission to a mental break??!

Middle Management that micro manages I believe is an overpriced and dead concept in the changing marketplace. This is main reason things are over priced in every industry including ours. Cut them out , and watch your business improve for the consumer and the Employees. I call it growth by Downsizing!

Every Employee here runs a business . They are employed on a Value System. If they create value enough to justify their income , they get to stay. If they create more value they get paid more . Very Simple. We do not hold people to a desk for any certain hours when the task are all completed. We are always working to improve and everyone is the boss of their time.

We take care of our clients and we put in systems that allow our employees to have free time - why not give them as much time as they can create while still getting the job done?? Some people are more productive and some are just not as efficient. They can all create value however - and that is how we judge our employees!

I believe this is the proper way to treat people, and I believe it creates a teamwork culture where every employee has the others back. We do not need to punch a clock to show our worth in 2024!

This is a small piece of our model that allows our product to be better!

04/30/2024

Families Helped by My Community Mortgage

2023 - First 4 months of the Year - 63

2024 - First 4 Months of the Year - 247

People are not numbers here , we do not speak in terms of MILLIONS closed.. We Speak in Terms of People helped!

400 % more families helped this year over last year.

Straight Numbers . Straight Facts.

Dont have to believe me , the numbers do not lie though!

04/08/2024

While everyone is outside watching the Sun, Ill be in the Office causing multiple Mortgage Eclipse!

One Loan Estimate at a time is getting completely covered up on our clients desk when they shop around and compare!

This is the biggest purchase of your life , give us a call and find out how we eclipse the market Rates and Provide constant Shine on your home Buying Process !!!

04/05/2024

I try to not make it about me- MY Focus is building our Company - But Mr. Save Your Loan is still an Active Superhero!

Thank you Melissa for the shoutout, but the back story here is super special for so many reasons. We are appreciative for every client we serve.. they are all special but some are unique.

This client was 19 years old , buying his first home. I actually helped his brother buy a home at 18. I love what this family teaches and preaches to their children about building wealth.

But there is more to this story- You know me better then that !!Why did I have to save this loan?? why didn't they contact me first? They actually did 6 months ago and I preapproved him then. As he shopped around , He realized that the lady who cut his hair had just passed her test and got licensed to be a Mortgage Loan Officer. She has been a family friend for years and he wanted to help her get started. Super admirable. I love that , support your people!

60 days later they were tagging me back in! We closed 14 days later . The sellers willingly proceeded with an extensions because they knew I had stepped in and gave them my word I would get it done.

Why?? Because Experience matters. Not all transactions are easy . Not all loan officers are created equal. Not all Lenders have the products My Community Mortgage have - That simple.

This is the biggest purchase of your life- if you are going to give someone an opportunity its important to still protect your interest by making sure they have the proper support and products to get you to the finished line. IN this case , it back fired. We all have to start somewhere- I get it( I have raised several young loan officers) , Sadly our industry is notorious for leaving people on an island with no training and no support to help their clients.

I try to remain humble when promoting our company because I don't want to knock my competition - but its so hard when this situation is repetitive. Its such a black eye on our industry . We know the work we do speaks for itself. If you don't trust me.. well you can trust Melissa!!

03/08/2024

I hope you guys don't get tired of these post because I never will.

Anytime someone trust our company with their Career It inspires me even more then I was before to provide the best platform in the Mortgage Business. I take every employee and my obligation to them very seriously.. so adding People means adding Pressure , and I love it!

Adding to our Powerhouse group of Boss Lady Lenders is Jolie Godfrey!

The word Excited comes to mind when I think about Jolie. We are excited to have her of course. However her energy matches mine , and jsut gets me excited to keep building! Never have I met a loan professional so darn excited about helping clients and growing her business ! When my phone Rings and I see Jolie's Name.. I know to prepare myself for a jolt of excitement!

Jolie has a long background in the Mortgage Industry that includes operations and management. When we say she is an Asset.. We mean it on every level

Texas.. Say Hello to your Newest Loan Officer taking over the market -- Lets go Jolie Godfrey- You got this!

03/06/2024

Maryland is special to me because it has given me lots of great people in my life including my gorgeous wife and my Mentor in the Mortgage Business - who knows where I would be without this guy talking me into the Mortgage Business!

As we continue to grow we will continue into new states it brings new challenges but it also bring new energy.

I cant wait to do business the My Community Mortgage way in MD and bring on this amazing team we have Loading!... LETS GO!

03/01/2024

Just a little positivity to share on this Friday morning! Hopefully it inspires you all just a little. If you are dreaming of building something - DO IT!

Our little company was just getting started last year as 2023 approached. We started the year off Jan and Feb - Closing a combined 4.4 Million dollars in Business in those two months.

The Real industry took a beating in 2023. Mortgage Loan Officers left the business , questioned their career choices, and many had to get second jobs to make ends meet. Doors Closed for many...

But when doors close other doors open. It wasn't easy for us but this Jan and Feb - 2024. We closed 25 million in the same time period. That is over 500% growth from last year.

Not a lot of companies grew 500% last year in any industry. This is a testament to our model and our people. If you treat people right , have the best programs ,and the best prices along with the most talented group of professionals on your team -- You cant not lose!

Its no Secret how we are winning even in a down market :

We pay the highest compensation to our loan officers
We provide transparency to all employees
We give our clients the absolute market leading Rates
We provide all the support imaginable for our Loan Officers
We Train, coach , and create a culture of winning.

It almost seems unfair-- We are building our business in a way that allows both our employees and clients to win . Its amazing what can be done if you don't really worry about the company's profit first. It will be there if you do the right things!

If you are out there struggling.. keep your head up , and contact me- Let me show you how to change your career. I don't care what industry you are in. I will help you !

If you are a Loan Officer stop fighting with one hand tied behind your back . Time to set your self free and release your potential!

02/15/2024

Our Free Training Series for any Loan Officer - No Matter where you work -Accelerator Academy -New Session today at 1:30- LIVE on ZOOM!

We will cover building your audience, using your database , growing your influence , and making contacts!

Before you create content.. you have to have an audience!

Zoom link for Free Registration below!

Mortgage Business Development Coaching and Theory for today Loan Officer