Yes, the high interest rate has affected the mortgage industry big time: many conventional lender/brokers thrived in the refinance boom most likely cannot survive in this kind of rate raising situation, because their sole business strategy was to offer conventional loan products and compete on the interest rate.
On the contrary, at Pacificwide Lending and Pacificwide Reverse we never put our focus solely on the rate, rather, we focus on providing excellent services to our clients and offer them different loan programs to help our clients to achieve their investment objectives. Yes, we do loans that most lenders/banks won’t do. The followings are a partial list of loan programs that we provide:
1. Rental income loan, No Tax returns, No W-2s
2. NO RENTAL INCOME, NO TAX RETURN, NO CREDIT SCORE Loan
3. Bridge loans, we can close the loans in few days, so our clients can win the bidding war. Yes, it is our own money, we are the one calling the shots.
4. Commercial loan products including but not limited to multi residential units, office buildings, warehouses, retail centers, lot loans, shopping mall gas station, church etc.
5. 10% down owner/user commercial loans, SBA loans
6. Reverse Mortgage tailors to people who are at least 55 years old.
We also have an excellent processing team; they will help you to close the deals fast with minimum works from you.
By the way, we have just closed a RV park purchase loan, and a construction loan. Meanwhile, we are working on a few large development project loans in England and Canada, in which the loan amount in hundreds of millions of dollars.
Meanwhile, we are licensed not only in California, but also Taxes, Florida, Colorado and looking to be licensed in Washington, Nevada and Arizona.
Who should apply?
Individuals who are truly interested in originating loans and looking to make it as career, Individuals who are ambitious for making serious money.
If that sounds like you, please contact us.
Qualifications:
1. Holding a mortgage and real estate licenses, or plan to obtain them
2. Possess entrepreneurial spirit, enjoy going out to pursue business opportunities on consistent base.
3. Ambitious for future growth
4. “Can do” attitude, positive thinking
5. Team player and love to help others
6. Teachable attitude, hungry to learn
Responsibilities:
Market our products to potential clients: including but not limited to, visiting realtor’s offices, attending events, mixers. Following up with potential clients with phone calls, emails etc. originating loans