One Day AFTER Hurricane IRMA.

   A day after hurricane IRMA 

   While not back out on the water yet, Floridians still embrace our recovering coasts with adoration. Relatives and friends in other states urge us to relocate, yet we give proclamations of homestead to Florida.


  Our two days on lock down in a bat cave (that is what I call my  home when all the hurricane shutters close out the light) is a mere inconvenience and does not compare to the last 363 days of beautiful sunshine and pristine waters.

   No where is perfect. Some places have a brutal winter or torrential tornadoes, and I spent 50 years in California with earthquakes and wild fires.

You can not escape Mother Nature. 

You can only find the home in the location that best suits you and your family, and make each moment be the best.




 While our beaches are still closed in my local area, I anxiously await my beautiful walk down my favorite beach to find another perfect shell...and stand fast to the quote on my couch pillow of "Life is better at the beach!" I love my Florida home!

I STUDY AND STEAL FAILURE!

Edison, Einstein, Gates....we all know the quotes...they achieved success by embracing failure.

When we bought a new boat and took everyone's advice of how to launch it on the boat ramp. After hearing all the info on what TO DO.... I went on You Tube and searched" boat launch failures".....wow!!!  That 2 hours of entertainment was engraved in my mind of how to avoid many failures and what to do in case of the mishap of failure!

When I entered the mortgage world, I did exactly the same self education course. I read the how to, and then I studied every failure I could find. I went through old closed files and read the conditions that were given on various mortgages, and then I created a check list. My check list allowed me to know which conditions would be requested so I could present them first. This helped me close loans faster, and made many people very happy.

Why did mortgages fall out of escrow, especially late in the process?  The more you research and prepare in the beginning, the less surprises you will have. Unless a client quits their job, buys a new car, changes a tax return or their financial profile, a loan should never "fall out".  We can not control everyone, but  we can try to coach the client on the process to avoid common failures.  Crossing t's and dotting i's are essential in this business.  While studying processing and underwriting mistakes, I found not checking a box on the tax transcript created a 10 day delay!! 10 days?  Thankfully I read about  that mistake so I never have to make it. My first mentor repeated, "measure twice, cut once".  Great words to live by in the mortgage world!

You do not need to fail to succeed, as long as you learn from failure that has already happened. - Cindy Chaisson

If an escrow falls out, I usually say the MLO is to blame, and that would be me pointing at all people that do my job, as the ones that should be blamed.  That's rough...but honestly, if there is a mistake in the real estate contract, I should catch it, if there is a bank statement not accepted, I should not have submitted it. Nothing gets to a processor or an underwriter that did not touch me, or someone I put in supervision of that role.  If an inspection creates chaos, I have a rehab loan to fix it. If an appraisal is low....it is not my fault!  That one there is nothing I can do to control, and takes extra prayers.

Do I never fail? Of course I do, but I avoid it as much as possible, especially when I have two Realtors, a title company, a lender, and two families counting on me to carry their home loan to success. There is nothing better than a room of smiles as the keys to a new home is passed from the Realtor to the client.

Cindy Chaisson

Florida and California Licensed Originator NMLS #1385534

Powered by Edge Home Finance NMLS 891464

561-246-9586

Advertising or Authenticity

Once upon a time,  my husband opened the mail.....

I love it when my husband opens the mail and tells me we can refinance at 2.99% .  Since this is what I do ALL day, I assure him that the marketing material in the mail, on the internet, and radio....are clearly just that!  Advertising VS. Authenticity.

There is a local ad that says they will pay all your closing costs.  My first question....is there an additional origination, processing, or underwriting fee that you are being charged that covers all those other fees? IF no, then this could be a great situation.  I have worked for companies that charged $1600 to the client in loan fees alone. This was not a great situation. This creates additional out of pocket expense at the closing table.  I thought that was how it had to be... "they" advertised to me that the company was exceptional for the client! Then I did my research until I found a better home for me, and my clients.  That company was voted one of the top 100 mortgage companies in the USA.  I just wonder who was voting?  Not me, and probably not the clients.

Advertising can be creative, but can be tricky, and has a meaningful purpose.. but sometimes to get the company more business, regardless of the outcome. How do you know who to trust?   Of course I want your business too, but not with trickery.  I am going to tell you how it is, whether you like it or not.  Getting a home loan can be a stressful process for most people.  It includes a mountain of paperwork, math, and government policies which are three areas most people despise. I happen to LOVE all three areas! Call me weird, but it seems to be for your benefit too!  We CAN have a good time while we do this process...and there should never be any surprises late in the game.

Let's prepare, let's plan, and let's get you into the  perfect dream home, with the perfect dream loan too!

Cindy Chaisson

561-246-9586

Florida and California Licensed Originator NMLS #1385534

Powered by Edge Home Finance NMLS 891464

The Bigger the Better; not necessarily the case.

If you are shopping for a home loan and think you must use one of the largest and biggest branding banks on the corner to get the best rates...this is not the case.

Bigger buildings and more advertising can create higher costs. As we have learned from the past...no one is too big to fail!

Sometimes the little guys can offer you a better rate and more personalized service.

You may not care about more personalized service, until it comes to an issue that needs extra care to get your deal done. We do that, and we sincerely care about your loan process and you.

Loyalty Home Loans Inc. is a brokerage for many wholesale lenders and can offer very competitive rates.

If a big bank is saying "no", it doesn't mean you can not get a loan. It just means the big bank can not provide what you need. Give us a call.

Looking and comparing is your best strategy, and we would love to help you.

9069 SE Bridge Rd, Hobe Sound, FL 33455

561-246-9586

Powered by Edge Home Finance NMLS 891464
4510 W. 77th St. #380, Edina, MN 5435

Cindy Chaisson NMLS 1385534

Beginning Loan Obedience Class

Sit, Down, Stay; loan obedience class

Preparing to get a home loan requires some obedience classes...similar to sit, down, and stay for a dog.

SIT

Sit down and design your goals. 

The type of home (square footage, lot size, style, neighborhood, location)

The purchase price of your new home

The down payment you desire.

Time frame (what date do you want the keys to your new home?)

I can help you pinpoint the home price that will fit comfortably into your goals.

DOWN

Download the documents that you will be needing to upload to your loan originator (that's what we are called these days)

W-2 forms (2 years)

Tax Returns (2 years)

Pay Stubs (Collect one month)

Bank Statements (all pages for 2 months)

Anything incorrect on your credit report that needs documentation

(annualcreditreport.com or Freecreditreport.com are a great place to get a "peek" at your information, but don't be surprised when the credit pull for a mortgage has some more detailed information.  

STAY

Stay focused and keep your eye on the ball...don't let distractions keep you from your goal.

The key to good training (in dogs, and anything) is timing.... being concise with your goals, and efficient with your documentation presentation will lead you to the best outcome..........fetching the home and loan that meets your goals!

Call me to learn loan obedience of Sit,Down, and Stay.

Cindy Chaisson

Florida and California Licensed Originator NMLS #1385534

9069 SE Bridge Rd, Hobe Sound, FL 33455

Powered by Edge Home Finance NMLS 891464
4510 W. 77th St #380, Edina, MN 55435