July 2008 The New Quick Mortgage Minute
Weekly Newsletter for Your Business! 
 
Sam		 Dear Sam,
 
I hope you had a great 4th of July weekend and I hope you are ready to get back to work!
 
Have you seen the movie just out on DVD called "The Bucket List" yet?  I finally got to see it and it was very well done and it helped motivate me to generate some more sales.  This is the kind of movie that you pretty much know what to expect from the previews, but this one had a good secondary story line.
 
The movie should help you get your priorities in line like it did for me.  Try to rent this one and get your bucket list together and see if that helps motive you too!
 
Sam Thompson, Senior Mortgage Advisor
Mortgage Services, PHH Mortgage
 
910-489-6918
or
843-230-7929
__________________

 Call me!
 
We know how to process loans in this environment!
 
 
peasinapod 
Just like peas in a pod!
 
Just like the peas in the beautiful photo above, working together in a close setting is the best way to communicate and get things done.  That is why we recently implemented a 'pod concept' with our processing teams that are teamed up with 3 processors and 1 underwriter all working closely together to clear conditions in a team concept.  This 3:1 ratio is a great way to clear conditions fast!
 
Where else can you find this kind of teamwork in making sure your loans are closing quickly as possible?  Most lenders have to ship their files to underwriters in another state or country!
 
Now, you and I and our buyers need to implement this strategy too to really help us get your files closed really fast and easy!  In order to help implement this concept, I am now carrying a portable fax machine in my car so I can meet our borrowers in our region at their home so I can help get their verification documents in quickly as possible.  This is really going to help our processors and underwriters.  Are you ready to start this new concept?
 
IF SO, CALL ME WITH YOUR NEXT BUYER!
 
If your buyers have already been preapproved with another lender, think about how much easier it will be with us and tell your buyers to give me a call for a second opinion.  Don't accept their lender without having a quick conversation with your buyers about how efficient we make it.  This so your life and your buyers' lives are going to be a whole lot simpler and less stressed!
 
Let's all get in a pod and let's see how fast and easy we can close your next loan!  When we do, we are going to get to know each other better and the buyers are going to be bragging on us to everyone they know!  In addition to having a better transaction, that is going to help us with more referrals for years to come!
 
 
 


My brands* that I represent are:
 
phhlogo     cblogo 
 
    c21logo    eralogo
 
Want to jazz up your website?  Add the "get approved" graphic below and then put my website link in the properties of the image as follows.  Call me if you need help with this.

*Any time I am working with your client, if you are under a specific brand, I am projecting your brand logo in all that I say and do as do my colleagues.
 
Weekly Tip -  Are you a 'Secret Agent'?
 
secretagent 
Secret Agent
 
Being a 'Secret Agent' is fine for the CIA when they don't tell anyone what they do or where they work but for Real Estate Agents, this doesn't work.
 
In order to make sure you are not a secret agent, you need to wear your Real Estate badge and tell people what you do as much as you can.  Also, get out and talk to people in the public at chamber of commerce functions, open houses, civic groups, shopping centers, trade shows, schools, public meetings, etc.  Along with your badge, carry a pocket full of business cards to hand out too.
 
Count out 20 cards, put them in your pocket and get out of the office or house and start handing them out as fast as you can.  When you are finished, reward yourself by taking the rest of the day off!  Otherwise, keep working at it!  You can give each person you talk to 2 cards, 1 for them and 1 for them to give to anyone they meet that might be buying or selling a home soon to help you finish faster.  This is not a new concept and old that still works like it used to in the olden days.
 
If you are a secret agent, now's the time to reveal your real identity so everyone knows what you do for a living!
 
Take off your secret agent cloak and dagger disguise  
and hang out in Lowes, Home Depot and other hardware stores where you are bound to run into people you know and most of the shoppers are homeowners in these type stores!  

One more thing, since real estate is such a hot topic right now, people are going to listening to your take on the market with a high level of interest because if they own a home, they have a vested interest.  So, keep the conversation positive and smile often so they are going to want to talk to you and call you when they need you!
 
Even if you are having a bad month, you have got to put on a happy face!
 
For example...
 
frown    -     smile 
 
 Which cat would you rather talk to?
 
 
  
Weekly Mortgage Commentary Snippet
Rate Lock Advisory - Sunday Jul. 6th



This week brings us the release of only two economic reports for the bond market to digest. It also is the beginning of corporate earnings season. Those quarterly earnings reports can lead to significant volatility in the stock markets, which could influence bond trading and mortgage rates.

The first piece of economic news that may affect mortgage rates is Thursday's weekly unemployment figures from the Labor Department. Analysts will be paying a little more attention to this week's release than usual because last week's report showed that claims had crossed above 400,000 the previous week. This is an important benchmark that will be watched closely. Last week's numbers didn't get much attention because they were posted at the same time as June's monthly Employment report. But with little data scheduled for release this week, I believe more focus will be made on Thursday's report.