JAY KERBER – NEW AMERICAN FUNDING – SENIOR LOAN OFFICER
As a native of Ohio, I attended Kent State University where I earned my Bachelor of Science degree in Aerospace. I have been a resident of Cornelius, N.C. for 20 years, where I reside with my wife Cindy and our 2 children, Whitney and Jett. In my spare time, I coach youth soccer and football.
With many years of experience in the mortgage banking industry, and extensive practice in originating home loans for both purchase and refinance, I am a firm believer in excellent customer service and offering the most competitive pricing.
As the branch manager, I am available to borrowers seven days a week. My team consists of a full time Concierge and Processor to ensure my clients are always well aware of the process and progress. “Our goal is to take such great care of you before, during and after the mortgage process, that we not only earn your future business, but also your referrals of family, friends and coworkers
As a testament to my expertise, integrity, and level of commitment to my clients, I have been recognized as a multi-year winner of the Five Star Mortgage Professionals Award. (Less than 7% of Mortgage originators receive this award annually.)
Through working with New American Funding, a Direct Lender, I have continued to be one of the most knowledgeable Loan Officers in North Carolina.
When working with myself and New American Funding you’ll receive:
- Expert advice and support in making your home financing decisions
- A full spectrum of loan products from which to choose
- Consistent communication and follow up throughout the loan process from myself and New American Funding’s in-house operations team
- The fastest turn times in the industry
Please give me a call today for answers to any of your home financing questions. I would be more than happy to offer my professional advice.
Office/Mobile – 704.733.7092
E-mail – Jay.Kerber@nafinc.com
Website – http://www.newamericanagent.com/jaykerber
BETHANY BRANT – MOVEMENT MORTGAGE – LOAN OFFICER
Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice. As an experienced loan officer, Bethany has the knowledge and expertise you need to explore the many financing options available. Ensuring that you make the right choice for you and your family is her ultimate goal, and she is committed to providing her customers with mortgage services that exceed their expectations. She makes herself available seven days a week to talk and/or meet with customers.
Bethany has ten years of experience working as a Mortgage Banker in Cornelius, North Carolina. A native of the desirable Lake Norman area, Bethany attended Queen’s University of Charlotte, on a soccer scholarship, and earned her Bachelor of Art degree in Business Marketing. She lives in Cornelius with her two daughters, Hailey and Sophia. She continues to play an active role in the community as a North Mecklenburg Paul Harris Fellow and Rotarian, leadership level ambassador of the Lake Norman Chamber, and a member of the Women’s Executive Committee.
Office/Mobile – 704.650.9618
E-mail – Bethany.Brant@Movement.com
Website – www.movement.com/Bethany.Brant
THERE ARE 4 BASIC TYPES OF LENDERS
|Banks & Credit Unions – The oldest source. Their portfolio ends up conforming to or exceeding FNMA/FHLMC standards because banks want to be able to sell the loans in the future. Banks have only one set of underwriting guidelines, and usually processing is done in a large, centralized location. Banks are usually challenged to deliver quick turnarounds due to all of the internal customers that they get from their branches.Mortgage Bankers – These also underwrite and then close mortgages from their own funds. Many times mortgage bankers are subsidiaries of banks that operate mortgage origination offices in areas outside of the bank’s ‘footprint’. So they have the same rules and procedures to follow. Some of the challenges they can run into are: only one set of underwriting guidelines, centralized processing, and a lack of urgency in regards to closing deadlines from its support staff.Correspondent Lenders – These underwrite, close and fund loans just like bank or mortgage banker using ‘warehouse lines’, but then sell the loans to the end investor right away. The selection of investors allows a correspondent lender to place the loan with whoever has the lowest rate or most favorable underwriting criteria at the time. Correspondent lenders can also broker loans when needed. CL’s usually have decentralized processing and underwriting. Some can close in 8 days, as fast as the law allows.Mortgage Brokers – Brokers don’t put up the money for the mortgage, but earn their living off origination fees and yield spread premiums paid by the investor or wholesale lender. Brokers operate the same as real estate companies; they match the buyer (here the borrower) and the seller (here the wholesale lender) for a fee. Their main challenges today are delivery times and the constant loss of wholesale outlets. The number of wholesale lenders has shrunk dramatically as a result of the credit crisis. So mortgage brokers now may have less of a selection of lenders than Correspondent Lenders, especially for FHA loans. Their turn-around times are totally dependent on the wholesale lender. Many wholesale lenders are publishing response times of 5 days for underwriting, 2 days for clearing any UW conditions, and 3 days for loan packages. This means in order to close on time, a mortgage broker must submit a loan 2 weeks prior to closing!
Review the Preferred Lenders.