The “Modern” Loan Process

The Movement Mortgage Story

Step 1: Get Pre-Approved

What are the benefits a new homeowner would get in getting preapproved with a loan officer firstGetting preapproved for a mortgage with a loan officer before purchasing a home can offer several benefits to a new homeowner:Budget Clarity: Preapproval helps you understand how much you can afford to borrow, giving you a clear budget for your home search. This helps you focus on properties within your financial means and avoids wasting time on homes that are outside your budget.Competitive Edge in Negotiations: Sellers often prefer buyers who are preapproved because it indicates that the buyer is financially ready to proceed with the purchase. In competitive real estate markets, having preapproval can give you an edge over other potential buyers when making an offer.Faster Closing Process: Since much of the paperwork and verification have already been completed during the preapproval process, the overall mortgage approval process tends to be quicker once you find the right home. This can be particularly advantageous in a competitive market where a fast closing may be attractive to sellers.Confidence in Decision-Making: Knowing that you are preapproved for a mortgage can give you confidence in your home-buying decisions. You can make offers on homes with the assurance that you have the financial backing to follow through.Accurate Home Search: Preapproval prevents you from wasting time looking at homes that are out of your price range. It helps you focus on properties that align with your budget, saving you time and energy.Negotiating Power: A preapproval letter can give you stronger negotiating power. Sellers may be more willing to negotiate on the price or other terms when they know you are a serious buyer with preapproved financing.Understanding Loan Options: Working with a loan officer during the preapproval process allows you to explore different mortgage options and understand the terms and conditions associated with each. This knowledge helps you choose the loan that best fits your financial situation and goals.Identifying Potential Issues: The preapproval process may reveal any potential issues with your credit or financial situation. Addressing these issues early on can help you strengthen your financial position before entering into a home purchase.In summary, getting preapproved with a loan officer before buying a home provides financial clarity, enhances your negotiating position, and streamlines the home-buying process, making it a valuable step for new homeowners.

Document Checklist

Congratulations on beginning your home buying journey! Here's a list of all the documentation that might be required for your application. Please don't hesitate to reach out should you have any questions.

Loan Options

The amount of different loans that Movement Mortgage has access to is unmatched in the industry. If there's a type of loan out there, we can do it!

Movement Mortgage 2022 Impact Report

WHAT IS IMPACT LENDING? Any mortgage lender that commits at least 10% of its profits to helping the neighborhoods it serves is an Impact Lender. By giving borrowers the choice to have profits distributed to do good in communities, lenders can create deeper, more valuable connections. At Movement, we are Impact Lenders. We give 40%-50% of our profits to making an impact in our communities. For us, purpose and people have always come before profit. And while we’re the first Impact Lender, we hope we're not the only one. We invite all lenders to be Impact Lenders. IMPACT LENDING VS. TRADITIONAL LENDING Put simply, Impact Lenders do all the same things traditional lenders do PLUS they give a significant amount of their profits back into their local communities. For example, Movement Mortgage closed loans 23% faster than the national average in 2022* AND we opened our fourth public charter school to serve families in areas that have historically lacked access to education options.

HECM | Reverse Mortgages with Dan Hultquist- 9/18/23

Renovation Loans with Daniel McManamon – 9/25/23

Are you aware that there are seven distinct varieties of Renovation Loans available for real estate agents and their clients? These encompass a wide spectrum of options, ranging from the well-known FHA 203k loans to the specialized Homestyle Reno loans designed for second homes and investors. Furthermore, there are VA and even USDA Renovation Loans now in the market. In our comprehensive class, we delve deep into the distinctions among these various renovation loan options, offering valuable insights into the intricacies you need to be aware of. If you're eager to gain a comprehensive understanding of Renovation Loans, we invite you to join us as Daniel McManamon provides an insider's perspective on the nuances of this dynamic field. Discover the ins and outs of Renovation Loans and equip yourself with the knowledge you need to guide your clients effectively in their real estate endeavors.

Jumbo and Non-QM Loans with Anna Benz – 10/23/23

In the ever-evolving world of real estate, understanding the full spectrum of financing options is essential for success. Real estate agents are often the guiding light for their clients, and knowledge about non-QM (Non-Qualified Mortgage) and Jumbo loans can be a game-changer. This informative webinar, "Navigating Non-QM and Jumbo Loans: Mastering Real Estate Financing," is designed to equip real estate agents with a comprehensive understanding of these specialized loan types. Agenda: 1. Introduction to Non-QM and Jumbo Loans Exploring the fundamentals of Non-QM and Jumbo loans Key differences between Non-QM, QM (Qualified Mortgage), and Jumbo loans 2. Non-QM Loans: A Deeper Dive Uncovering the world of Non-QM loans Identifying borrowers who may benefit from Non-QM loans Understanding the risk factors and lender requirements 3. Qualifying for Jumbo Loans Defining Jumbo loans and their importance in the real estate market How Jumbo loans differ from conventional and government-backed loans Jumbo loan eligibility criteria and application process 4. Comparing Non-QM and QM Loans Delving into the distinctions between Non-QM and QM loans Assessing when to recommend each type to clients Recognizing how Non-QM loans can expand options for homebuyers 5. Navigating the Jumbo Loan Landscape The intricacies of Jumbo loan limits and underwriting standards Evaluating the pros and cons of Jumbo loans for different clients Overcoming common challenges in securing Jumbo financing 6. Practical Guidance for Real Estate Agents Strategies for effectively matching clients with the right loan products Tips for collaborating with lenders and mortgage professionals Real-world case studies and success stories 7. Q&A Session An opportunity for real estate agents to ask questions and seek clarification on non-QM, Jumbo, and related topics Join us for this enlightening webinar, where you'll gain the expertise needed to navigate the complex world of Non-QM and Jumbo loans with confidence. Our expert presenters will provide valuable insights and actionable advice to help you better serve your clients and elevate your career as a real estate agent. Don't miss this opportunity to expand your knowledge and make a real impact in the real estate market. Register now to secure your spot and take your real estate career to the next level.

VA Loan Fees

We want to thank those who serve our country by serving you and your families. As our thanks to you, we don't charge any of our veteran families lender fees to process or underwrite your loans.

VA Benefits Reusable

We want to thank those who serve our country by serving you and your families. As our thanks to you, we don't charge any of our veteran families lender fees to process or underwrite your loans.

VA Refinance

We want to thank those who serve our country by serving you and your families. As our thanks to you, we don't charge any of our veteran families lender fees to process or underwrite your loans.

VA Entitlement

We want to thank those who serve our country by serving you and your families. As our thanks to you, we don't charge any of our veteran families lender fees to process or underwrite your loans.

VA Mortgages: Basic Training

We want to thank those who serve our country by serving you and your families. As our thanks to you, we don't charge any of our veteran families lender fees to process or underwrite your loans.

Appraisals with Sidney Loiseau

Mastering Real Estate Appraisals: Insights from Sidney Louisau of South Shore Appraisals An exclusive webinar featuring Sidney Loiseau, a seasoned appraiser and owner of South Shore Appraisals, as he shares a treasure trove of insights on residential and multi-unit property appraisals in the vibrant real estate market of San Diego. This one-of-a-kind event promises to equip you with comprehensive knowledge from an appraiser's perspective, ensuring you have the upper hand in the ever-evolving San Diego property landscape. Webinar Highlights: 1. Navigating San Diego's Diverse Real Estate Landscape: Sidney Loiseau will dive into the intricacies of the San Diego market, from beachfront condos to inland multi-unit properties, providing a comprehensive overview of the appraisal process tailored to this unique location. 2. The Appraiser's Toolkit: Gain a deep understanding of the tools and methodologies appraisers use to evaluate residential and multi-unit properties. Learn how to interpret and utilize appraisal reports to your advantage. 3. Appraisal Regulations and Compliance: Discover the latest industry regulations and compliance requirements specific to the San Diego market. Sidney will explain how these rules impact your real estate transactions and how to ensure a smooth process. 4. Factors Affecting Property Values: Uncover the secrets of what appraisers look for when assessing property values. Sidney will shed light on both obvious and hidden factors that can influence appraisal outcomes. 5. Effective Communication with Appraisers: Learn how to establish a productive working relationship with appraisers to ensure accurate valuations and reduce potential roadblocks in your deals. 6. Market Trends and Data Analysis: Sidney Loiseau will share valuable insights on current market trends, data analysis, and forecasting techniques. Understand how these factors can guide your real estate decisions. 7. Case Studies and Q&A: Sidney will present real-life case studies, showcasing examples of successful appraisals in the San Diego market. The session will conclude with an interactive Q&A, allowing you to address your specific appraisal-related queries. By the end of this webinar, you'll be equipped with the knowledge and skills needed to approach appraisals with confidence, ensuring your real estate endeavors in San Diego are backed by sound appraiser insights. Don't miss this opportunity to gain a competitive edge in one of California's most dynamic real estate markets. Sidney Loiseau's wealth of experience and expertise makes this webinar a must-attend event for real estate professionals looking to excel in San Diego's property market. Register today and unlock the key to successful real estate transactions in the Southern California gem, San Diego.

Condo Financing with Ian Westcott

Condo Financing Secrets: A Comprehensive Webinar for Real Estate Agents Are you a real estate agent looking to expand your expertise and provide valuable insights to your clients in the world of condominiums? Join our exclusive webinar, "Unlocking Condo Financing Secrets," and gain a deep understanding of the fundamentals of condo financing. Condos have unique characteristics that distinguish them from other types of properties, and understanding these nuances is essential for any real estate professional. In this informative webinar, we will cover a wide range of topics that will empower you to better assist your clients in their condo buying or selling journey. Our expert presenters will delve into: 1. The Basics of Condo Financing: Learn the key principles of condo financing and discover how it differs from financing other property types. Gain insights into the specific challenges and opportunities in the condo market. 2. Types of Condos: Explore the various types of condominiums, from high-rises to townhouses, and understand the implications of these differences on financing. 3. Why Lenders Review Condo Characteristics: Delve into the reasons lenders meticulously review condo characteristics and the impact this has on mortgage approval. 4. Warrantable vs. Non-Warrantable Condos: Uncover the distinction between warrantable and non-warrantable condos, and why these designations significantly affect financing options. 5. Varied Lender Approaches: Understand why condo financing can vary from one lender to another and how to work with lenders to secure the best terms for your clients. 6. Fannie Mae Requirements: Gain insight into the specific requirements set by Fannie Mae to facilitate the closing of conventional, FHA, and VA condo loans. Ensure you're well-prepared to guide your clients through the loan process. Whether you're a seasoned real estate agent or just starting in the industry, this webinar is designed to provide you with the essential knowledge and skills needed to navigate the intricate world of condo financing. Don't miss out on this opportunity to enhance your expertise and offer your clients the best possible guidance. Join us for "Unlocking Condo Financing Secrets" and take your real estate career to the next level.

Loan Options

The amount of different loans that Movement Mortgage has access to is unmatched in the industry. If there's a type of loan out there, we can do it!

Document Checklist

Congratulations on beginning your home buying journey! Here's a list of all the documentation that might be required for your application. Please don't hesitate to reach out should you have any questions.

Movement Mortgage 2022 Impact Report

WHAT IS IMPACT LENDING? Any mortgage lender that commits at least 10% of its profits to helping the neighborhoods it serves is an Impact Lender. By giving borrowers the choice to have profits distributed to do good in communities, lenders can create deeper, more valuable connections. At Movement, we are Impact Lenders. We give 40%-50% of our profits to making an impact in our communities. For us, purpose and people have always come before profit. And while we’re the first Impact Lender, we hope we're not the only one. We invite all lenders to be Impact Lenders. IMPACT LENDING VS. TRADITIONAL LENDING Put simply, Impact Lenders do all the same things traditional lenders do PLUS they give a significant amount of their profits back into their local communities. For example, Movement Mortgage closed loans 23% faster than the national average in 2022* AND we opened our fourth public charter school to serve families in areas that have historically lacked access to education options.