Hi there, it’s Bruce Woodburn. It’s the last day of the month of July and we are wrapping up a great month. I hope you are as well.

So I want to give you the “3 BIG Things You Need to Know” as I do every Friday. Hopefully, you’re listening to my radio show on WDBO, we have now changed to 107.3FM and 580AM, so feel free to listen to my show on The Loveland report on Saturdays from noon to one. All right, now for the three big things you need to know:

1. First thing is the Fed meeting. The Fed met this week and decided they are leaving rates as they are. As a matter of fact, they don’t anticipate a rate hike for probably another year or two. However, they are still somewhat concerned since we are in the biggest downfall, because of the pandemic, that United States has ever seen. But they are anticipating that rates will remain relatively low. I do not feel that they’re going to get any lower. I’ve been in the business for 31 years and I’ve never seen interest rates so low. Having said that, it’s a great time to buy and a great time to refinance. If you know anybody that is currently renting, they need to buy now, while rates are really attractive. We don’t know what’s going to happen after the election, because the Fed can’t control what rates do, the bond market controls what rates do. So just keep that in mind.
2. Second thing you need to know. I am a CORE student which means I am part of the CORE Training. CORE is a coaching organization for real estate agents and mortgage lenders. I have been in the CORE for 10 years and it has helped me grow my business to levels that I never thought I could do before. I am very grateful to the CORE for coaching me on how to be a better business person. If you are in real estate or you are in the mortgage business and you’re interested in attending the CORE Mega, a one-day virtual event, I can get you in for $249. If you’re interested in that, please contact me at the office (407-869-8830). This is something that is only for serious real estate agents or mortgage lenders that really want to increase their production. As a result of the CORE training, I’ve doubled my production every year for five years, and then I’ve increased it by 20 to 25% every year after that. Believe me, it does work! If you’re willing to put the time and effort into it, it will help you build your business much better than you ever could have expected.
3. The third thing you need to know is what we are doing here at CrossCountry Mortgage. This is information that I’d like you to have as a real estate agent or a client considering purchasing or refinancing a house. So I just want to cover a few things that I do at CrossCountry that I don’t think a lot of other lenders do. First of all, we have FHA, VA, Conventional loans (3% down investor conventional loans), refinances, 21 days close refinances, cash out, no cash out get rid of PMI, USDA 100% financing in rural areas, FHA 203 k rehabs, escrow hold backs, home equity lines of credit and construction perms. Now, construction perms are on hold right now for a lot of folks and most construction perms are conventional loans only with 20% down. I can do 5% down conventional loans, 10% down conventional loans, secondary residence construction perms, VA zero money down construction perms, and FHA 3.5% percent down construction perms. Show me any other lender around that has construction perms that can compete with that. I don’t think they exist. Don’t forget, we also have, foreign national loans, portfolio loans, self-employed – no tax returns required, jumbo loans, 7 days a week on-call loan officers, . And as always, our 21 Day guaranteed close time!

You want to deal with a lender that’s got all the products and doesn’t have a bunch of overlays that they have to deal with. Go to a one stop shop where we have what you need. There’s no point in you sending your loans all over, come right to a great source. I’m a direct lender, I’ve got great rates and I’ve got great service – service second to none. I promise return phone calls, emails and texts. I’m applying for the job to help you and your clients, close more transactions, I would be honored.

Have a great weekend. Those are the three big things you need to know.