I didnt know where to start. The process was very easy. The Fed raised the Federal Funds rate aggressively in order to combat inflation, which pushed up mortgage rates to the highest level in years. The videos he created were very helpful & they were available to answer any questions. And help us lay out a great financial plan that worked best for us. We recently decided to refinance with the great mortgage rates currently available. We dont get paid unless you close your loan. Highly recommended! Among other things, the broker must ensure that the property description is correct and that all measurements are accurate. It was validating. Most importantly, we felt we could trust New Dwelling with very sensitive information.Take it from me who works as a customer service specialist, that New Dwelling exceeded my expectations and we are extremely satisfied and delighted with our experience.Thank YOU Frank and Suzy for all of your hard work. I wouldnt use another company ever after this experience and I will be referring those I know to this team. This transition was a life changing experience and I would like to thank them for all they help. It took them only 12 business days (18 calendar days) from the time my application was submitted to underwritting to get clear to close! So Frank is a stand-up guyPeriod. No more juggling conversations between tools. Frank and his team are the best! I was very nervous and Frank with his soothing voice let me know what would work and what wouldnt work and told me what I needed to do to make it work. Our family is so thankful for Frank, Annette and the whole team at New Dwelling. Thank you Frank for my going above and beyond in helping me secure an investment loan with a very low rate compared to other lenders. UWM has made it easy for mortgage brokers to close loans, with good visibility into where the loan stands at any one time. Mortgage Broker vs. Bank - NerdWallet Frank Collo and Gaby Espinoza were phenomenal throughout the whole process of purchasing our new home. I am so incredibly grateful to the New Dwelling Mortgage team. I have worked with Frank on several occasions over the last few years. These benefits, and many more, await you when you earn your broker license. The lender owns the compliance part for the underwriting and for the closing funding. It's because of them that I made it through this experience with complete comfort and ease. We would recommend Frank to any of our family members or friends looking to purchase or refinance a home! I will be coming back to New Dwelling Morgage for my future mortgage and refinance for sure. But I know exactly who I'm recommending to all my family and friends first and foremost; plus where I'm going when it's time for a refinance! Then when we told the other broker that we where going to use Frank and not him, he proceeded to curse me out and threatening me by saying that it was only because of him that we would be getting this house. 10/10. Frank really made us feel like family :). They also utilize an online program that makes uploading your personal document super easy while also being super secure.Cannot stress enough how highly I recommend Frank and the New Dwelling Mortgage team!!! Thank you ?? I will definitely utilize New Dwelling Mortgages services in the future and recommend them to family and friends! Thanks Frank for all your help! Communication on all parties was fast, efficient and clear. Run your mortgage company in one easy to use software. Brokers Are Better Network - AIME Group The Brokers Are Better Network is a collective between AIME and industry-leading vendors, with the common goal of delivering top-tier products & services at an affordable price point. We also use third-party cookies that help us analyze and understand how you use this website. New Dwelling Mortgage is PHENOMENAL! They go with your pace. Such an easy and stress free process with New Dwelling! Using a Mortgage Broker vs. a Bank A mortgage broker can offer a wider array of options and streamline the mortgage process, but working directly with a bank gives you more control and costs. We can help you understand the lengthy process. Find deals in your database Average loan officers retain only 1 in 5 clients for their next loan. I highly recommend New Dwelling Mortgage!! Pre-approvals can be customized by the agent anytime up to max approved price and be automagically integrated into their offer package. Frank and Annette were professional, proficient and an absolute pleasure to work with. 3 Reasons Why Mortgage Brokers Are Better. A broker acts as an intermediary, helping you identify the best lender for your situation and pulling together all the information needed for the mortgage application. UpTrader White Label MT4/MT5 solution: Provides access to financial markets both from desktop and mobile. He took time out of his day to help us navigate this whole mortgage process. The next model is correspondent lending, where the lender buys loans that have already been assembled from smaller originators and then flips them into the market for a small profit. Vanguard's mutual funds and ETFs aren't just low cost; they're significantly less expensive than the industry average. Just closed on my home and it was such a wonderful pleasure to work with Frank! University of Options primary objective is to make you the most financially savvy Loan Officer in your market. Each line of communication was met with remote education with videos explaining every step and line item in the loan process. When everyone else told us it couldnt be done, Frank did it and in record time! She continuously put our mind at ease and thoroughly explained each step in the Mortgage process. Say one broker decides to get paid 2% on all the loans they originate with a certain bank, while another only charges 1% with that same bank. So when we told Frank what happened he reassured us that there was nothing to worry about. This relationship aspect of the business puts UWM in a better competitive position than retail originators that primarily use technology or cold-calling to find loans, at least in a purchase market. Gabriella was very helpful and made sure we had everything we needed to make our closing a smooth process. Duration. If you are looking to refinance, or to purchase a home, this is where you can place your confidence and trust! I want to thank Frank and Gaby in helping me get my first Home. They are always extremely responsive to both emails and calls and professionally dealt with some careless and frustrating mistakes made by our property management group. The mortgage industry can be challenging to navigate. I could not have asked for a better guide through this process.I would recommend New Dwelling Mortgage through and through! Good service. Its scary and stressful. Insellerate helps brokers close more loans through better borrower engagement with automated multi-channel marketing using social media, ringless voicemail, email, text, and mobile call routing, lead management, click to call, pipeline management and more. US agencies buy vast quantities of personal information on the open Great experience from start to finish. It was refreshingly the opposite experience i had with any big lender. We are so impressed with New Dwelling Mortgage! They are thorough with step by step explanations and answering any questions that may arise. ---------- Buying a home is the single most expensive and nerve wracking purchase most people make in their lives, but when you have someone like Frank on your side the process is effortless and worry free. I worked with Frank's team on the purchase of my first home. Registered Mortgage Broker NYS Department of financial services NMLS #1533929 (RMB 208744). And made the process very simple and went into detail on what was going on and when it was going to happen. He brings such peace to a typically stressful experience with his patience and support. My wife and I just wrapped up a refinance with Frank (he was also the lender on our original mortgsge). I was referred to New Dwelling Mortgage by a friend who spoke highly of Frank. This process can be stressful and overwhelming. Highly recommend this company! In fact, their share of the mortgage pie was as high as 30 percent during the mortgage boom, but fell precipitously after the mortgage crisis ensued. Homebot is a client-for-life portal that maximizes repeat and referral business for mortgage brokers by empowering consumers to build wealth through homeownership. Canva Pro is the design software that makes design simple, convenient, and reliable. My Credit Guy starts with a free review of a clients credit report and creates a custom game plan for getting them back to the closing table as quickly as possible. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Was an absolute pleasure having them on our team. 8. Your information will not be sold to any party outside of this product.Opt Out At Anytime, The duration of your loan (30 years, 20 years, 15 year). Thank you Frank and New Dwelling Mortgage! For many business owners, that can also translate to a lot of time and energy spent trying to understand and navigate utility options, usage projections and, of course, costs. I would recommend New Dwelling Mortgage to anyone looking for first class business. They were very transparent with us concerning the whole process and answered the million questions I had.I highly recommend New Dwelling Mortgage. Mortgage Calculator. This gives you increased marketability! We will be using them in the future and recommending to all of our family and friends. We were extremely impressed with the professionalism shown by Frank and his team. As a first time home buyer , the process felt intimidating and overwhelming. He made a complicated process as easy as possible. We do a lot of the legwork gathering documents from you, pulling your credit history, and verifying your income and employment and we use this information to find the best options for you across several lenders. What do you need for the process? Thank you so much Frank!Love Marta and StefanoGrazie. Frank and the whole team at New Dwelling have been amazing from start to finish. 32250. https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1621953. He now has a customer for life, and will recommend him to anyone looking for a mortgage. Copyright 2022 Mile High Mortgage Brokers. He always respond to my emails, texts and phone calls immediately! He is able to take a very difficult and stressful process and make it understandable and seamless. If you are ever in need of obtaining a quality Mortgage service please look for New Dwelling mortgage to help you with all your home needs. We are not tied to one investor so we have many options to help you in your mortgage buying decision, meaning we can help make sure you don't end up with an unsuitable mortgage. They respond quickly. I will be recommending others to Frank and New Dwelling Mortgage who are in the market of buying a home. He was on top of every detail, answering all our questions, ( and we had many,) and made us feel at ease through the whole process. They closed my loan in record time and really made the process so simple. He was extremely detailed and this was especially important to us since we were first time home buyers. Everything was explained and simplified such a great experience!! Frank is an absolute pleasure to work with. Frank is a one of a kind mortgage broker who goes above and beyond for his clients. Homepage - Brokers Are Better - Brokers Are Better Thank you, Frank! Your confidence will soar and your referrals will multiply. Why Brokers are Better Jason Coleman Mortgage Lender Episode 11 PodcastSaving consumers money is a mortgage brokers angle. Mortgage brokers help would-be borrowers find a lender with the best. Great Mortgage company. We can solidify a competitive interest rate, typically with lower fees, and ensure you close on time or even early. Typically, you have two options: a direct lender/bank or a broker. Frank and the team at New Dwelling came highly recommended from my real estate agent. One thing to say, I don't write reviews very often however when you get A+ service, professionalism and true industry leading support you just have to take the time to do so.Frank took us down a very different path, the Refi one. The process was so efficient and the turn around from application to closing was so quick. It's a disadvantage for the you as a consumer. We provide agency guideline updates, an Ask the Experts scenario desk, charts and checklists by subject for all agencies, Lunch & Learns, marketing content, and more! So very happy with the service they've provided! The following states require disclosure of licensing information. He advised me on money management that allowed me to obtain a mortgage that I thought would never happen. Frank has a way with words that some how makes you understand when you really didnt. I truly cant find the words to express just how grateful my husband and I were to have Frank during our first home purchase several years ago and again at our refinance just recently. Why are brokers better? | Why are brokers better? I can - Facebook Learn Mortgage is the leading NMLS-approved education provider. It felt unattainable and hopeless before I met Frank. NMLS Consumer Access, Privacy Policy - Terms of Use - Disclosures - Website Safeguard Policy. That could result in an interest rate of say 3.125% versus 2.875% on the same loan thanks to the difference in commission. My agent was blown away too! Smooth process throughout! What is its secret? P.S. I was impressed with the CD video and E sign program they have. He and everyone at New Dwelling Mortgage were so professional, thorough, and knowledgeable. Learn More. Brokers are intermediaries who have the authorization and expertise to buy securities on an investor's behalf. Are you getting the best rate? Frank was very professional and a pleasure to work with.I could not be happier, the whole process was amazing and really fast.He took his time to educate me in the process through personalized videos, that was very helpful and highly appreciated.All I can say is that Frank is a wonderful person experienced and honest.Thank you Frank&team. He was present every step of the way. No surprises and not catch. I cannot thank them enough for all of their help over the last few months ! Frank Collo is not just a mortgage broker but much more and a greater friend after the whole process. The two things that separates this company from the rest is their attention to detail and availability to answer questions and provide answers. His team works hard and excel in all they do. Use your connections. Working with Frank has been an absolute pleasure. Frank was extremely swift and helpful with my wife and I in purchasing our first home. MMI provides AIME brokers a truly unprecedented amount of market information right at their fingertips. I have done 2 mortgages and a HELOC with New Dwelling and have had a smooth experience each time. We closed on schedule, and was able to work wonders to lower closing costs. His knowledge professionalism and honesty are very hard to come by now and days. It is why we choose to be in t. All from the palm of the brokers hand. This relationship aspect of the business puts UWM in a better competitive . Policygenius is the countrys leading online insurance marketplace. He was friendly and very professional. These people are in your corner and are fighting for you. Use code BAB20 to have setup fee waived and receive 20% off! I worked with Frank and he really went above and beyond. I like how responsive Frank and his staff are to questions and walking us through the entire process. Here is why: The purchase market is still mainly a face-to-face business. I also liked if I had a question I was able to text the loan processor for a quicker response. We will continue to utilize New Dwelling for guidance & future business. I was blessed to have had New Dwelling recommended to me by a friend. In the end I am a proud owner of a beautiful house that I thought would never happen and I will be able to keep it with the education and guidance that I obtained from Mr Frank Collo. I have purchased 3 homes in the past and NEVER did I have such a SMOOTH experience as when dealing with New Dwelling. Made everything so easy. What he told me sounded too good to be true but it was what I needed so I decided to give it a try.