NLIC.org

Stacey Said:

What benefit in voting[AGM] for the same Fatcats to run my Nationwide Mortgage company?

We Answered:

To vote for the same 'Fatcats'. The fact that they are well fed also means that they are able to run the mortgage company properly and profitably. Your voting in the AGM is a vote of confidence to them and for them to continue running the company.

Eva Said:

If a sole breadwinner of a household earns about $150,000 per year, how high of a mortgage will a bank allow?

We Answered:

Depends on the type of mortgage.
1. Are you A paper or sub prime?
2. Is the mortgage fixed, Pay option, etc

Typically the monthly payment can increase by 2.5X what you were currently paying (rent or previous mortgage.) This is called payment shock. (The change in your monthly payment)

150,000/12=12500 * .50 (this is usually the most allowed) = $6250. All you monthly payments (including credit cards, auto loans, mortgages, prop tax and ins.) should be under $6250.
So if you have no other loans, then the bank should have no problem giving you a mortgage @ $6250 / month.

Anne Said:

What are the top/most reputable mortgage companies?

We Answered:

My favorite is Wells Fargo.

Leroy Said:

I need the best lead generation service ? Who are the top converting mortgage Internet lead providers?

We Answered:

Well, a little over a month back, I had a colleague refer me to a new company called DeCesare Marketing. He told me that they were MILES cheaper than the competition and actually produced stellar results. Went with their Business Basic package for only $250/month and got 4500 outbound dials to who/where I defined as my target. Hesitant at first, as you can imagine, paying 20% of what every other company wanted to charge me. But, I can proudly say that I have found a great deal, and am now passing the word onto you. 4500 outbound dials from them to whatever you define as your target, and you are sure to receive a better value than paying these other guys by the lead! Check them out... www.decesaremarketing.com

Tell them Wayne Jenkins referred you (maybe I will get a discount) :-P

Wesley Said:

How do I ask my family and friends for business?

We Answered:

You don't convince them. In fact don't even ask them, let them come to you. Look at it this way if they go to someone else and its a mistake it won't be your fault and it wont cause a rift in the family. If they go to you and ANYTHING goes wrong it will be your fault and could cause a family feud. Take it from someone who knows let them come to you if they want to do business with you. If you are as successful as you stated you don't need to go down this road anyway.

Chad Said:

the top 10 mortgage companies in volume, in America?

We Answered:

1. wells fargo
2. country wide
3. washington mutual
4. bank of america
5. national city corp
6. jp morgan chase
7. citigroup
8. world svg bk
9. argent mortgage company
10. abn amro holding