Travis Tjaden - Bison State Bank - NMLS #420790

03/01/2023

5.0 star review received on Experience.com for Travis Tjaden by Johnny M - I have worked with Travis a few other times in the past, and he has always been very helpful, honest, and hard working. He has always gotten me a very competitive rate, and I have trusted him with my business. I have also appreciated how accessible he has been throughout the loan process, and how he hustles to close on time. He has earned my trust and respect, and I look forward to doing business with him again.

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01/20/2023

I know my realtor friends will like this…

😂

01/17/2023

With the nice weather lately, people have been outside, and my wife met a neighbor on her walk who had just built a new house. The owner was excited to be in our area and talking about all sorts of things. Somewhere along the way, my wife mentioned that her husband is in banking and would be happy to help refinance the construction loan. Of course, he had it all handled, and his cousin got him locked in on a 3% fixed rate 30-year. At first, I thought jeez, not a one-upper neighbor, but after further thought, I thought he was telling the truth and made a smart move.

They received a 3-2-1 buydown on an R/T term loan. This means their Note rate is 6.00%, and their PI payment for the first year is based on 3.00%, the second year based on 4.00%, the third year 5.00%, and eventually settling into their note rate for the remainder of the loan at 6.00%.

On the R/T Refinance Temp buydown program, the borrower can finance the interest difference if they have adequate home equity. This prepaid interest amount will be held in escrow, and if the borrower refinances or pays off the loan before utilizing all funds, the remainder will be applied to the payoff.

That's all I have for today.

816-695-0236 for further discussion :)

12/15/2022

5.0 star review received on Experience.com for Travis Tjaden by Luis D - Travis is honest and very knowledgeable! Provides top notch service to his clients. Loved working with him.

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Loan Officer

12/15/2022

5.0 star review received on Experience.com for Travis Tjaden by Ryan S - Travis is the only person that I will work with on loans. He has been there for me for many many years both through refinances and also buying new. He is even keeled and creating in finding ways to get the job done. He is always a pleasure to work with and I consider him a friend.

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Loan Officer

12/15/2022

5.0 star review received on Experience.com for Travis Tjaden by Shirley K - Couldn't have gotten a better loan officer. Would recommend Travis Tjaden in a heartbeat.

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11/14/2022

I would like to hear from Realtors.
What are you looking for in a lender partner?

11/07/2022

A typical situation today of house hunting on a limited budget and the area you are looking at doesn't have much inventory. You receive a notification from one of your searches, and surprisingly it is perfect! However, there must be a mistake because the price seems to be well below the mean for the area. So you scramble to call your realtor to find out the deal because there is only 1 picture on the listing and a short description. Your realtor calls back with the news the house is being sold in As-Is condition, and it needs around $40,000.00 of cosmetic and structural repair to bring it to a move-in condition, as most lenders require.

The good news is at Bison State Bank, we have a variety of renovation Purchase and refinanced programs allowing up to 50K in repairs to be completed with a minimal down payment for qualified borrowers.

Call me to find out more. 816-695-0236

11/04/2022

If you are self-employed and have > 2 years under your belt now. Your obstacle has been when it comes to getting a loan that you don't show substantial income. I have a Bank Statement Refinance and Purchase program. That means we look at Deposit, not what you show the IRS, to determine your qualifying income.

Call me, and lets talk... 816-695-0236

11/04/2022

If you are a present real estate investor and your potential is limited by your current lender due to documentable income, too many financed properties, or loan size. I have a potential program to help you build your net worth and cash flow.
* No Debt Ratio
* No Tax returns
* No limit on financed properties
* Combine financing of multiple properties into one lower-rate loan.
* One Unit properties up to 2 million
* Multi unit and Combined financing up to 6 million.
* Credit scores considered down to 620

In economic times like we are experiencing the Opportunists will make find a way to pivot and come out wealthier.
Are you one?

Call me and we can talk.. 816-695-0236

10/13/2022

I know this is boring stuff, but what this article talks about is something the mortgage industry used to brush off with clients. We have told clients that the Fed funding rate doesn't directly affect mortgage rates and then gave our best explanation. That was true to a certain degree, but today and what I take from this article, is as long as we have out-of-control inflation, the Fed will continue to raise rates which is now affecting all markets, even the long and short-term bonds, thus directly affecting mortgage rates.

Happy reading, and let me know if you have a different take.

There was no way to be sure what the effect of today's economic data would be on mortgage rates.  All we knew is that the Consumer Price Index (CPI) would be released at 8:30am ET and that CPI releases have been the biggest sources of volatility for interest rates in 2022 and especially...