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Monday, February 8, 2016

2/6 Radio Show: Diane Sovereign, James Hoffman and James Vallone

Guest Host, Linda Mallia, welcomes Diane Sovereign, James Hoffman and James Vallone to the show!

Diane is one our leading mortgage consultants at HUNT Mortgage, James is one of our leading real estate agents working out of the HUNT ERA Amherst branch and James Vallone is an attorney.


Together, Linda leads the discussion on the BNI group.

To find out more, listen to this week's show.


Tuesday, February 2, 2016

LOOK WHO’S MOVED TO HUNT REAL ESTATE

We are pleased to welcome the following sales professionals to the HUNT Real Estate ERA family. Their association further affirms our commitment of offering the highest level of service to our clients.




WHY SHOULD YOU JOIN HUNT?
HERE ARE JUST A FEW REASONS...


Integrated Real Estate Services

• In-House Mortgage, Title and Insurance means added convenience and concierge service for your clients
• The HUNT Hotline/Customer Service Center is open 7 days a week, ensuring no buyer call is ever missed and maximizing your lead conversion potential

Stellar Reputation and Recognition

• We’ve been an industry leader for 104 years
• Ranked #44 in the nation in closed transactions by REALTrends
• Named one of REALTOR Magazine’s Top 100 Companies for the past 17 years
• Winner of ERA’s Top All-Around Company, ERA’s highest honor, which recognizes ERA companies that lead the way in excellence and integrity


If you're ready to take advantage of everything we have to offer AND make more money, join HUNT Real Estate ERA today!

HUNTRealEstate.com/Careers

Monday, February 1, 2016

1/30 Radio Show: James Fink

Your Host, Peter Hunt, welcomes James Fink to the show!

James Fink is a reporter for the Business First. 

Together, Peter leads the discussion on the development plans for Women and Childrens Hospital of Buffalo.

To find out more, listen to this week's show! 


Wednesday, January 27, 2016

Required Mortgage Documents


We know buying a new home can be intimidating, especially for first time buyers. Loans, taxes, interest rates, insurance and all the paperwork that comes along with them can seem overwhelming.

Here is a list of paperwork you’ll need to help the process go more smoothly.

• W-2 forms for the previous 2 years
In most cases, the most recent W-2 will suffice. If you receive overtime or any bonus income you wish to include for qualifying purposes, you will need to provide 2 years of W-2 forms.

• One month of paycheck stubs
The mortgage company’s purpose in obtaining all of this paperwork is to ensure that you are capable of repaying your loan. Loan guidelines typically require proof of one consecutive month of income with pay stubs. If you are paid electronically, ask your HR representative if it’s possible to access a corporate website to print your stubs.

• 3 months of bank statements
One of the easiest pieces of documentation to attain will be your bank statements for the last three months. These documents will be examined for any large deposits. The source of all large deposits must be documented. Remember to include all pages of your bank statements - even if they are blank.

• Tax returns for the last two years
In many instances, you will be required to submit the previous two years’ worth of tax returns with all of the pages included. you will be required to sign IRS Form 4506-T which allows the lender to obtain a copy of your returns from the IRS. This has become industry standard fraud prevention.

• A list of all debts
Most of the documents you provide will be to prove your income to lenders, but a list of debts tells them how much you owe. This documentation is key to calculating your debt-to-income ratio. Debts include credit card payments, student loans, child support, rent/mortgage payments, etc.

• Recent statements for security accounts
It can be helpful to your loan application to document additional assets, such as stocks and bonds you’ve purchased, investments made in your company’s 401k or life insurance. You will need to submit statements to verify these accounts. Having security assets lets lenders know that you have enough to cover any large unexpected expenses that would otherwise prevent you from making your payment.

• A list of additional assets
Assets aren’t just stocks and saving accounts, they also include material items with significant value, such as a boat or land. Make a list of any additional assets and come prepared with documentation.

• Cancelled checks for one year of rent/mortgage payments
This may be proven through your bank statements, but some lenders may request cancelled checks for your rent or mortgage payment for the last 12 months. This will show that you have been responsibly paying on time each month.

• P&L statements or 1099 forms (business owners only)
During the housing market boom, many self-employed borrowers were able to secure loans with little to no proof of income. Eventually, these sub-prime loans are what lead to the housing market crash in 2008. Business owners are now required to submit a current-year profit and loss (P&L) statement or a 1099, depending on when you file the loan.

Planning ahead by having all of your documents prepared, being organized, following the 5 Financial Don’t for Homebuyers and responding quickly to requests from your lender will ensure you get into your new home as quickly as possible. For your convenience, we’re created a free downloadable checklist of the paperwork you’ll need to provide your mortgage consultant.

We understand a mortgage is usually one of the largest financial transactions of a person’s life. That is why HUNT Mortgage provides all of our New York, Florida and Arizona customers with personalized, quality service. We offer a variety of products, and our mortgage consultants are trained to assist borrowers in selecting the best mortgage program to meet their own unique financial situation. Contact us today for more information.

Monday, January 25, 2016

1/23 Radio Show: Karen Johnson & Mike Kelleher

Guest Host, Linda Mallia, welcomes Karen Johnson & Mike Kelleher to the show.

Karen Johnson is a HUNT Mortgage Consultant, specializing in Reverse mortgages and Mike Kelleher is an attorney at Hogan Willig with a focus in commercial and residential real estate.

Together, Linda leads the discussion on reverse mortgages.

To find out more, listen to this week's show!


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