Horizon's Pick of the week

Corporate office in Anaheim




Hello Horizons!

From week to week You will read articles from product providing companies. Because we are loan orriginators we need to know what we have at or access. This week we have Freemont Investmen & Loan. Our rep is Burton Gonzell. Burton has been out to our trainings and has helped many of us close our deals fast!

I asked Burton if he would share about his company and what he can do for us. You might need the "GLOSSARY OF MORTGAGE TERMS" found on the GEL web site to understand some of what Burton is sharing here:


"myself along with account managers Narissa Cruz and Kathy Kobayashi"




Sean,

CHANGE IS GOOD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
What you might not know about Fremont!

We have become one of the top players in the industry, topping $3.5 Billion in funding monthly!! A few of the reasons that brokers are rushing to Fremont include:

• 3 Reference Letters to Prove Self Employment
• 100% CLTV no Trades with Private VOR’s
• 6 Month seasoning OK to use NEW appraised value
• Co-Borrower’s score is completely IGNORED – even under 500 or 00!!
• Yes – Co-Borrower’s income can still be used to qualify
• 40 year AM 680+ Fico no add to the rate

• Increase DTI to 55% up to 90% LTV
• 100% Full doc loans down to 580 FICO up to $937,500
• 100% Stated income loans with a 620 mid score – wage earner OK! Up to $937,500
• Loan amounts up to $750K with a 500, and up to $1.25M with a 620 score – and no adds to pricing
• Non-Owner programs up to 95% CLTV Full doc
• Gifted Properties up to 90% LTV
• Rural Properties up to 90% CLTV
• Private party VOR’s allowed with minimum consumer trade lines
• NO Bankruptcy Seasoning – up to 85% LTV…..Now standard program
• 6% seller contribution/credit allowed – recurring or non-recurring cost
• NO Mortgage Insurance, and no asset or reserve requirements

HOT Special’s!
 B/C Special – Take 40bps off rate sheet and “B” or “C” grade loan
 Applies to all credit scores, doc types, property types and up to 85% LTV (“B”) & 80% LTV (“C”)

 100% CLTV Jumbo up to $850K – NO TRADES required
 Full doc with 600 FICO
 Stated with 620 FICO – combines loan amounts to $750K
 NO Cash out limitations
 Combo Special – 100% CLTV Full & 90% CLTV Stated – NO Trades required

Finally, the personal service and responsiveness that I provide to you is my forte! I work in the Headquarters office in Anaheim and am just a few feet away from not only the executive management team, but all of the other infrastructure, files and operations staff. We can get underwriting approvals WITHIN 24 HOURS and go to docs shortly thereafter. I’ll answer my office phone all day long from 7:00am Pacific time up to 6:00pm. No more searching around to try to find you rep!!

In partnership,
Burton J. Gonzell
Account Executive
Fremont Investment & Loan
Residential Real Estate Division
1065 North PacifiCenter Drive
Anaheim, CA 92806
877-308-3863 ext. 7136 Toll Free
866-277-8193 Fax
949-254-3360 Cell
bgonzell@fmtinv.com


Well, alright! Burton is a straight shooter. No fluff, just to the point. If you have any questions don't hesitate to give him a call. he can help you work the deal.