The mortgage industry is poised for a potential uptick in production due to a long-awaited reduction in interest rates. This presents a valuable opportunity for mortgage professionals to help clients, especially those burdened with student loans, to secure favorable mortgage terms. To fully capitalize on this, it’s crucial for loan originators to focus on three key areas: the impact of credit report changes after September 30, 2024, the benefits still available for federal student loans, and knowing the differences between federal and private loans. An example of a self-service student loan analysis tool that can be used for FREE can be found in this article.
An MLO's Shortcut to More Approvals:
Tools & Partners That Get Clients Mortgage-Ready!
As a Mortgage Loan Originator, you’ve likely worked with clients who are eager to buy a home—but run into common roadblocks that delay or derail their mortgage journey.
This website introduces top-tier services designed to help your clients overcome 7 of the most common pre-mortgage challenges—and get them mortgage-ready faster.
You have two powerful options to guide your clients:
- DIY Resources – Give clients the tools and guidance they need to solve issues on their own.
- Partner with HUD-Certified Counselors via HomePrep – Let the experts step in to deliver personalized support and coaching.
No matter which path you choose, this platform equips you with everything you need to move clients from “not ready” to “approved.”
Upcoming Webinars
MLOs, register for Central FL FAMP 4-Week Zoom Series at 7pm EST!
April 8: Student Loan Plan to help w/mtg.
April 15: Unique credit help info.
April 22: Down Payment Connect: How to find DPA in all 50 states!
April 29: HomePrep Connection
Women in Mortgage: Join FAMP RISE on 4/22 at 10am for "Essential Tools for an MLO Toolbox to Help Mortgage Prospects!
Seven Common Services Needed for Client Pre-Mortgage Help
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2 Paths of Services for Client Pre-Mortgage Help
Path 1: MLO DIY (Do It Yourself) Solutions and Path 2: Refer Client to HomePrep with HUD Counselor
Service Costs and Who Will Pay.
"The best way to teach someone how to do it is to show them how it's done." - Unknown
The Best Resources For MLOs Assembled
MLO DIY Solutions
"How To" resources for MLOs that want to learn how to use tools that can expand education of challenges and how your client can overcome them.
Some services are FREE and some are at a cost to your client.
For more about MLO DIY Solutions, go here.
HomePrep for MLOs
MLOs refer challenged clients to HUD counselors to correct issues. When the client is "mortgage ready", the MLO is notified!
There is a cost to use HomePrep for the MLO. Some services have a cost for your client.
For more about HomePrep,
go here.
Other Resources
Articles, mortgage trade groups, mortgage advocacy, tips from industry professionals and more!
For more Resources, go here!
Disclaimer : Pamela Marron, licensed loan originator NMLS# 246438 and developer of Clients2homeowners.com, receives no compensation for any services shown on this website. This website was made for mortgage loan originators to assist clients who have challenges getting a mortgage.
