Patrick Bolan

Revolutionize your mortgage marketing game with Tabrasa One: Everything you need, all in one place! 💪⚡️ Discover the advantage of three products combined into a single platform, now featuring the Tabrasa One Mobile App for unmatched accessibility. Dive in at tabrasa.io

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☎ 📱 Which one of these do you prefer? The speed of our FastTraQ loans getting clear to close is changing the norm for the mortgage industry. It is available for conventional, FHA, VA, and more! Applicable income documentation must be provided upfront in order to be eligible. Contact us today to find out more details and get on the FastTraQ! #OnQFinancial #FastTraQ #Mortgage #HomeLoans

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The top five producers with the largest jumbo loan volume had an average dollar volume of more than $99 million in 2023. Read here for more about the dollar volume of the top 20 producers. #mortgage #topproducers

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🤩 Take a sneak peek at the new Mortgage Coach look and features! Here are a few highlights: - The Total Cost Analysis presentation has been enhanced to provide a better borrower experience. - The TCA is easier to understand, clearly showing the benefits of each loan option. - The presentation transforms to a new, easy-to-read, mobile-friendly format when viewed in a mobile browser. - Share, Print or toggle the language default from an easy-to-find top navigation. - Quickly reference branding, contact information and contact buttons in one location. - The loan officer can create a clean view in one click with the “Clear Highlights” button. >>> Not a Mortgage Coach user? Schedule your demo today: https://hubs.ly/Q023Sk1M0 #LendingSuccessEngine #SpeedtoNeed #PeopleNotProspects #AlwaysBeCoaching #OptimizeforSuccess #MortgageIndustry #FinTech #LoanOfficer #SalesBoomerang #MortgageCoach #TrustEngine #NoBorrowerLeftBehind

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🔔 Breaking news in the mortgage industry! Freddie Mac announces major executive changes and industry insights. Talk about a shake-up! In March, David Brickman, with over 25 years in the mortgage world, steps in as CEO. 📅 This follows Sam Khater's interim leadership since December 2021. Big shoes to fill and even bigger plans ahead. But that's not all... In February, Michael Hutchins was named Executive VP and Chief Risk Officer, while Michael Stewart stepped up as Executive VP and Chief Financial Officer. Both reporting directly to the new CEO, it's clear Freddie Mac is gearing up for some strategic moves. 🚀 Industry insights from Brickman himself: In January, he discussed how COVID-19, non-QM lending, and the need for clearer regulations are shaping the future of the mortgage market. Wise words from a seasoned pro. 📈 And, let's not forget about leadership at the board level... In December, Anthony S. Santomero, former president of the Federal Reserve Bank of Philadelphia, was elected as the new chair of Freddie Mac's Board of Directors. He takes over from Donald Layton, who served with distinction since 2018. Ending 2021 on a high note, Freddie Mac reported an impressive $8.4 billion in net income and disbursed $4.4 billion in dividends to shareholders. 💸 A testament to strong financial management and forward-thinking strategies. What does this mean for the future of the mortgage industry? Let's discuss in the comments! #MortgageIndustry #ExecutiveChanges #FreddieMac #Leadership #FinancialResults #RealEstate #COVID19Impact #Regulations #MortgageMarket #DavidBrickman #AnthonySantomero #MichaelHutchins #MichaelStewart #IndustryInsights #BusinessNews

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Preparing for VantageScore 4.0: A Guide for Mortgage Lenders With the FHFA, Fannie Mae, and Freddie Mac gearing up to implement VantageScore 4.0 for GSE-funded mortgages, it's crucial for mortgage lenders to prepare. This transition offers significant benefits, but failing to be ready can lead to lost market opportunities and increased regulatory scrutiny. In this blog, we outline for lenders the necessary next steps to prepare for VantageScore 4.0 implementation. Don’t get left behind! Read more here: https://lnkd.in/e4cBcpDd   To learn more about VantageScore’s entry into the mortgage market, visit https://lnkd.in/e-a8xK9a ICYMI: This week, VantageScore has shared daily blog posts celebrating our entry into the mortgage industry! Follow us as we walk through credit-scoring in the mortgage industry and how lenders can begin to prepare for the implementation of VantageScore 4.0 credit scores for mortgage. After you read this post, don’t forget to catch up on any others you may have missed.

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📈 | Happy Wednesday! Your latest Market Update is set to land in your inbox shortly. Get all of the latest industry news and stories from the lenders and providers on our panels! 🔗 To read this week's stories, head to Broker Zone: https://bit.ly/3dfgy4t #weareMI #marketupdate #news

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📈 | Happy Wednesday! Your latest Market Update is set to land in your inbox shortly. Get all of the latest industry news and stories from the lenders and providers on our panels! 🔗 To read this week's stories, head to Broker Zone: https://bit.ly/3dfgy4t #weareMI #marketupdate #news

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5 Reasons You're Finding It Hard to Recruit Loan Officers! In today's competitive mortgage industry, recruiting top loan officers has become increasingly challenging. Here are the top five reasons why you might be struggling to find the right talent: Shrinking Talent Pool: The number of active loan officers has decreased significantly, reducing the available pool of candidates. This decline makes it harder to find qualified individuals who meet your needs. Increased Competition: With fewer loan officers available, the competition among mortgage companies to attract top talent has intensified. Everyone is vying for the same candidates, making it a tough battle to win. Not Talking to Enough Candidates: Recruitment is a numbers game, and finding the right fit means engaging with a large number of potential candidates. However, expanding your outreach efforts requires more resources and money. The more candidates you interact with, the higher your chances of success, but this approach demands a significant investment in time and financial resources. Hiring In-House Staff is Too Expensive and Limited: Building an in-house recruitment team can be costly and may not provide the comprehensive search capabilities needed. The expense and limitations of in-house teams can hinder your recruitment efforts. Not Utilizing All Available Tools: Are you leveraging platforms like LinkedIn, building and managing email campaigns, engaging on social media, and actively reaching out via phone? If not, you're missing out on effective ways to connect with potential loan officers. The Solution: At Elite Mortgage Recruiters, we understand these challenges and are here to help you overcome them. Our comprehensive recruitment services provide you with unlimited access to qualified candidates without the hefty costs associated with in-house teams. When you partner with us, you get: -A dedicated LinkedIn team sourcing and connecting with top talent. -An email team sending over 100,000 targeted emails monthly. -A social media team actively engaging with loan officers. -A cold call team building relationships in your market. All of this is available for less than the cost of one in-house recruiter. Ready to transform your hiring process and secure the best loan officers? Let’s connect and discuss how we can help you build a strong, effective team. #MortgageRecruitment #LoanOfficers #HiringChallenges #RecruitmentSolutions #EliteMortgageRecruiters

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Share Your Gift & Amplify Your Impact! Most mortgage professionals do a good job advising their clients one-on-one yet are not great at learning how to package this knowledge to bite-size pieces as sharable content on social media (as one-to-many). Sharing your gift on social media opens the door to creating a bigger impact, let alone attracting new business opportunities. Does anyone NOT want to reach more people or inspire change? Here is the deal - If you need help creating a content strategy with an execution plan that fits within your day job of doing loans... then let's chat. Schedule a free discovery call using the link in bio. #ShareYourGift #MakeAnImpact #Inspiration #SocialMedia #PositiveChange #PlugAndPlaySM

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June 2024 - Mortgage Rules Issue Released! The Rules Issue is the EASY & FAST way to catch up on Guideline Changes! Our Experts Read the Bulletins, Then Bottom Line it for you! ✔ 9 NEW Agency Updates ✔ 2 NEW All Agency Comparison Charts - FHA Self Sufficient Test & USDA Updates Old vs. New ✔ 4 Charts w/Investor Overlays Added to Agency Comparison Charts ✔ 2 NEW Social Media Posts ✔ Multiple Updated Charts - See Our 'Latest Updates' Section Updates Include – * Fannie Mae Guidelines Updates - Builder Forward Commitments & IPCs * Fannie Mae & Freddie Mac Release Annual AMI Limits for Affordable Programs * Fannie Mae Bulletin - HomeView Program and Tips to Expand Your Buyer Leads * Freddie Mac Bulletin - FAQs on Stable Employment - Some Interesting Guidance You May Not Have Known! * Fannie Mae & Freddie Mac - DU/LPA Release Notes * Freddie Mac Guideline Updates - Important Information About Flood Insurance & DTI * CFPB - Request for Information on Mortgage Loan Closing Costs Fees - Make Your Voice Heard! * FHA - New Policy for Cybersecurity Breaches Subscribers can find the "Rules Issue" under "Current Issue" on our site. Use the "Past Rules Issue" link to find Archived Rules' Issues. Keeping You Smarter Than the Competition By Simplifying the Complicated! www.mortgageguidelines.com

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🤔Did you know that at Open Mortgage, we offer LOW and NO ratio DSCR options?😱 That's right - where other lenders shy away from sub 0.75 ratios, we embrace them! 📉 We offer as low as 0.75 ratio with a 680 FICO, and can even do no ratio up to 75% LTV.⬇️ Between our DSCR and DSCR Plus programs, we have many options available for your borrowers to take advantage of: ARMs, Interest-Only, 40-Year Terms, loan amounts up to $3,000,000, and more! #OpenMortgage #HomeownershipGoals #DreamBig

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📈 | Happy Wednesday! Your latest Market Update is set to land in your inbox shortly. Get all of the latest industry news and stories from the lenders and providers on our panels! 🔗 To read this week's stories, head to Broker Zone: https://bit.ly/3dfgy4t #weareMI #marketupdate #news

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Mortgage originators! Are you considering making a move? Thinking about the broker channel versus joining Summit Mortgage Corp? Summit Mortgage Corporation has TONS of advantages over working with a traditional broker shop. We put together a handy comparison guide below, and we would love the opportunity to chat with you! #summitmortgagecorp #joinsummit

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💸 Elevate Your 2024 Mortgage Game with MVP Loan Officers! 🌟 Ready to score big? Dive into the playbook of 150 elite producers with Floify's FREE eBook, "Drafting a Dream Team." Snag top talent and keep them in your lineup with winning strategies. Discover the success secrets that make them shine. Grab your copy now and start drafting your way to victory! https://bit.ly/4aOEF4Q #MortgageAllStars #DreamTeamTactics #DownloadNow

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Do you know who has one of the lowest auto loan rates on the South Shore? QCU does! With rates as low as 5.24% APR* (up to 36 months), stop by QCU or apply online and secure your rate today. https://hubs.li/Q02w2wgL0 *APR= Annual Percentage Rate. Rates currently in effect and subject to change. Rate, term and approval amount based on credit worthiness. #autoloan #newcar #usedcar #southshorema #qcu #cudifference #lowautoloanrate

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