Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put...

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Help People and Fill your Pipeline! Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Don’t panic, put him in your So, you have a buyer, he has a 599 FICO Score. Don’t panic, put him in your pipeline. pipeline. Then your next buyer calls, and they have a 578 FICO Score. Don’t worry, Then your next buyer calls, and they have a 578 FICO Score. Don’t worry, put them in your pipeline! put them in your pipeline! Then your next calls comes in as a referral from a preferred agent who just Then your next calls comes in as a referral from a preferred agent who just showed them a cute house she listed, but they have a 602 score. Don’t showed them a cute house she listed, but they have a 602 score. Don’t Worry! Put them in your pipeline. You may not be able to help them become Worry! Put them in your pipeline. You may not be able to help them become your Agent’s next buyer, but we can help you get their FICO score to 640 your Agent’s next buyer, but we can help you get their FICO score to 640 and send them back to your preferred Agent with a pre-qualification letter and send them back to your preferred Agent with a pre-qualification letter in hand and ready to close once she can find them another home. Why fill in hand and ready to close once she can find them another home. Why fill up your pipeline like this? Because what comes out the other end of your up your pipeline like this? Because what comes out the other end of your pipeline! A 640 FICO Score and we all know what that means! pipeline! A 640 FICO Score and we all know what that means! MORE COMMISSIONS AND REFERRALS MORE COMMISSIONS AND REFERRALS

Transcript of Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put...

Page 1: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

Help People and Fill your Pipeline!Help People and Fill your Pipeline!So, you have a buyer, he has a 599 FICO Score. Don’t panic, put him in your pipeline.So, you have a buyer, he has a 599 FICO Score. Don’t panic, put him in your pipeline.

Then your next buyer calls, and they have a 578 FICO Score. Don’t worry, put them in your pipeline!Then your next buyer calls, and they have a 578 FICO Score. Don’t worry, put them in your pipeline!Then your next calls comes in as a referral from a preferred agent who just showed them a cute Then your next calls comes in as a referral from a preferred agent who just showed them a cute

house she listed, but they have a 602 score. Don’t Worry! Put them in your pipeline. You may not be house she listed, but they have a 602 score. Don’t Worry! Put them in your pipeline. You may not be able to help them become your Agent’s next buyer, but we can help you get their FICO score to 640 able to help them become your Agent’s next buyer, but we can help you get their FICO score to 640 and send them back to your preferred Agent with a pre-qualification letter in hand and ready to close and send them back to your preferred Agent with a pre-qualification letter in hand and ready to close once she can find them another home. Why fill up your pipeline like this? Because what comes out once she can find them another home. Why fill up your pipeline like this? Because what comes out

the other end of your pipeline! A 640 FICO Score and we all know what that means!the other end of your pipeline! A 640 FICO Score and we all know what that means!MORE COMMISSIONS AND REFERRALSMORE COMMISSIONS AND REFERRALS

Page 2: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

Broker’s Best Contract Loan Processing’s Broker’s Best Contract Loan Processing’s FICO Improvement Value Added Service is offered exclusively to FICO Improvement Value Added Service is offered exclusively to Mortgage Broker’s and their borrowers to help rebuild your clients Mortgage Broker’s and their borrowers to help rebuild your clients

FICO Score and we roll can roll in the total cost into our loan FICO Score and we roll can roll in the total cost into our loan processing fee at closing as a seller concession.processing fee at closing as a seller concession.

That’s right no large up-front cost for your borrower to lay out that That’s right no large up-front cost for your borrower to lay out that sending them to a credit repair services requires. Once we have sending them to a credit repair services requires. Once we have your client’s FICO score at or above 640 we’ll work with you and your client’s FICO score at or above 640 we’ll work with you and your Agent in the transaction to help structure the Fee Sheet to your Agent in the transaction to help structure the Fee Sheet to

provide to your Agent and assist them with structuring the deal so provide to your Agent and assist them with structuring the deal so seller concession are applied in a manner to benefits the borrower, seller concession are applied in a manner to benefits the borrower, seller, agent and you, then package your loan application for your seller, agent and you, then package your loan application for your

lender, clear all conditions, ordered doc’s, and schedule the lender, clear all conditions, ordered doc’s, and schedule the closing.closing.

Page 3: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

People are not a number.People are not a number.But they live with three very important numbers and you now have a unique But they live with three very important numbers and you now have a unique opportunity to improve them, while not having to send the to a credit repair opportunity to improve them, while not having to send the to a credit repair service who may or may not accomplish the goal of a 640 FICO Score you service who may or may not accomplish the goal of a 640 FICO Score you

need to get them in to an A Paper Mortgage.need to get them in to an A Paper Mortgage.

Page 4: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

Talk to your customer about their Talk to your customer about their credit situation:credit situation:

Offer a solution, offer a target Offer a solution, offer a target mortgage closing date that other mortgage closing date that other Loan Officer’s haven’t.Loan Officer’s haven’t.

We specialize in FICO We specialize in FICO Improvement to 640.Improvement to 640.

Include your clients FICO Include your clients FICO Improvement Service as part of Improvement Service as part of mortgage transaction and pass mortgage transaction and pass the cost of credit repair on to the the cost of credit repair on to the seller at closing. seller at closing.

75% of your clients you have 75% of your clients you have rejected in the past and just as rejected in the past and just as many client that will be coming to many client that will be coming to see you can see their score see you can see their score increase to 640 in 90 days or less.increase to 640 in 90 days or less.

Page 5: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

Credit scores are about the biggest reason why you can’t get loans Credit scores are about the biggest reason why you can’t get loans closed and make the commissions you deserve! closed and make the commissions you deserve!

Broker’s Best Contract Loan Processing Broker’s Best Contract Loan Processing can help your accomplish this goal again and again!can help your accomplish this goal again and again!

Page 6: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

Cost of bad credit on your clients score,Cost of bad credit on your clients score,just released from FICO. just released from FICO.

Maxed out cards -10 to -30 ptsMaxed out cards -10 to -30 pts30 day late payment -60 to -80 pts30 day late payment -60 to -80 pts

Debt Settlement -45 to -65 ptsDebt Settlement -45 to -65 ptsForeclosure -80 to -105 ptsForeclosure -80 to -105 ptsBankruptcy -130 to -150 ptsBankruptcy -130 to -150 pts

Page 7: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

We work with you clients to dispute any We work with you clients to dispute any discrepancies on their credit reportdiscrepancies on their credit report

Page 8: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

Before we can start, we needBefore we can start, we need

A signed 1003 and Calyx Point FileA signed 1003 and Calyx Point File

An Initial Fee Worksheet, GFE and TILAn Initial Fee Worksheet, GFE and TIL

Current Rate Sheet and intended loan Current Rate Sheet and intended loan programprogram

An Authorization to ReleaseAn Authorization to Release

Copy of your client’s Drivers LicenseCopy of your client’s Drivers License

Copy of your client’s Social Security CardCopy of your client’s Social Security Card

Proof of AddressProof of Address

Page 9: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

But: credit repair alone doesn’t work.But: credit repair alone doesn’t work.It is only 30% of the total score.It is only 30% of the total score. Since Since we are a Contract Loan Processing we are a Contract Loan Processing

Company we know how to look at the Company we know how to look at the whole pie.whole pie.

30% Credit Score35% Ratios/DTI10% Job Stability10% Assets15% Property

Page 10: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.
Page 11: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

30% of score = credit accounts 30% of score = credit accounts Broker’s Best Contract Loan Processing has Broker’s Best Contract Loan Processing has a credit program where your client’s can get a credit program where your client’s can get a new credit line up to $5000 to help boost a new credit line up to $5000 to help boost

their credit score!their credit score!

Page 12: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

We work with your clients to help them We work with your clients to help them understand how reducing their credit understand how reducing their credit

balances or getting their credit limits raised balances or getting their credit limits raised increases their credit scoreincreases their credit score

Page 13: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

Questions Most Clients Ask:Questions Most Clients Ask:How much does it cost?How much does it cost?

$300 enrollment fee that can be $300 enrollment fee that can be credited backcredited back to your client at to your client at closing on purchase transactions. As opposed to $800 to a closing on purchase transactions. As opposed to $800 to a typical credit repair company who doesn’t have the same typical credit repair company who doesn’t have the same motivations as you to get your borrowers FICO Score to 640 as motivations as you to get your borrowers FICO Score to 640 as soon as possible. soon as possible.

How does it work?How does it work?

Broker’s Best Contract Loan Processing reviews your client credit Broker’s Best Contract Loan Processing reviews your client credit report and challenges everything that may be negatively affecting report and challenges everything that may be negatively affecting their score thru relentless, vigorous legal challenges. We also their score thru relentless, vigorous legal challenges. We also work with the Loan Officers and Real Estate Agents as a partner work with the Loan Officers and Real Estate Agents as a partner in the transaction and do our part to structure the deal so your in the transaction and do our part to structure the deal so your client closes and we can expense the credit repair as part of the client closes and we can expense the credit repair as part of the mortgage transaction because we are a Contract Loan mortgage transaction because we are a Contract Loan Processing Company.Processing Company.

How long does it take?How long does it take?

Average customer sees 80 to 100 point increases in as little as Average customer sees 80 to 100 point increases in as little as two to four months.two to four months.

Page 14: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

Why Broker’s Best Contract Loan Processing?Why Broker’s Best Contract Loan Processing?

BBCLP helps Loan Officer’s increase their loan closings by providing exceptional BBCLP helps Loan Officer’s increase their loan closings by providing exceptional Loan Processing and FICO Improvement. Loan Processing and FICO Improvement.

BBCLP can provide FICO Improvement and BBCLP can provide FICO Improvement and

passes the cost on to the seller on purchase passes the cost on to the seller on purchase

transactions. Your clients have nothing to transactions. Your clients have nothing to

loss and everything to gain when you use ourloss and everything to gain when you use our

Loan Processing and FICO ImprovementLoan Processing and FICO Improvement

services.services.

We only charge a small up-front fee $300.00We only charge a small up-front fee $300.00

to offset the cost to improve your client FICO to offset the cost to improve your client FICO

Score and we don’t charge any addition feesScore and we don’t charge any addition fees

until your loan closes.until your loan closes.

We have 80 years of combines experienceWe have 80 years of combines experience

servicing the Mortgage Industry.servicing the Mortgage Industry.

Dedicated Customer ServiceDedicated Customer Service

Page 15: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

Benefits For You Benefits For You the Loan Officerthe Loan Officer

We review your client’s credit file and help you structure the loan transaction We review your client’s credit file and help you structure the loan transaction to make hard to originate loans close.to make hard to originate loans close.

We have proven techniques to boost your client FICO scores 80 to 100 pts We have proven techniques to boost your client FICO scores 80 to 100 pts

We have the industry’s lowest out of pocket cost.We have the industry’s lowest out of pocket cost.

We can pass the cost of FICO Improvement to the seller on your loan We can pass the cost of FICO Improvement to the seller on your loan transaction.transaction.

Loans you had to turn down due to low FICO scores can now be brought Loans you had to turn down due to low FICO scores can now be brought back to life and you don’t have to turn down applications tomorrow.back to life and you don’t have to turn down applications tomorrow.

We keep you in the center of the transaction. No longer do you have to We keep you in the center of the transaction. No longer do you have to refer your client to some unknown credit repair service and hope to hear refer your client to some unknown credit repair service and hope to hear back from our customers in 3 to 6 months.back from our customers in 3 to 6 months.

Page 16: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

Why get started with Broker’s Best Why get started with Broker’s Best Contract Loan Processing? Contract Loan Processing?

Because you had, have or about to Because you had, have or about to schedule a loan application with the schedule a loan application with the exact the type of borrower we are exact the type of borrower we are

experienced and committee to helping.experienced and committee to helping.

Page 17: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.

Ready to Get Started? Ready to Get Started?

Contract us at (214) 295-8573.Contract us at (214) 295-8573.Our contract loan processing is easy to work Our contract loan processing is easy to work

with and we do need to assign you a loan with and we do need to assign you a loan processor, get your information in our processor, get your information in our

database and assess who your lenders and database and assess who your lenders and service providers are to provide you the best service providers are to provide you the best

possible service.possible service.

Page 18: Help People and Fill your Pipeline! So, you have a buyer, he has a 599 FICO Score. Dont panic, put him in your pipeline. Then your next buyer calls, and.