Site Search Results

1. Declutter and set the stage Just as you wouldn’t want houseguests or friends to see your home in disarray, you definitely don’t want potential buyers to know what brand of cereal you buy or to spot an old stack of newspapers. This is where staging comes in. Apply some time on the particulars: Organize bookshelves, reorganize desks, and get rid of rugs or decorative furniture that will block the view in your photos. Place yourself in the area where you plan on snapping the pic…… What do you see that distracts you? Remove it to get the finest shots. 2. Arrange images to tell a story When buyers come across your online listing, you have only a few seconds to capture their attention — randomly arranged photos can be confusing. Organize your photos like a virtual tour of your home. First, welcome them through the front door and around the first floor before proceeding to other parts of the home. This will help the buyer get a better sense of the layout of the house. Sometimes less is more. Listing photos are an invitation to a potential home for the customer. Don’t make the mistake when trying to completely sell it online. A useful idea is also, to post pictures of garage, gazebo, pergola and additional amenities to the house story. 3. Focus on choice parts of your listing While you may love the three freshly painted bathrooms, make sure to photograph the spaces you think will catch a potential buyer’s interest — and leave out the rest. For instance, if you have an amazing spa bathroom, use an image of that to put viewers in a relaxed mindset, as opposed to overwhelming them with multiple shots of similar spaces. 4. Don’t take unrealistic photos Honesty is always the best policy, especially when it comes to listing photos. “I like the photos to be accurately representative of the house, so people come and they either see exactly what they thought they’d see or they comment that the house looks better in life than it does in the photos,” says Sheri a RE agent in Los Angeles, CA. Save experimental new lenses for your next art project, and be sure to shoot rooms from the corner as opposed to straight on. 5. Show off architectural details Now is the time to really brag about the crown molding, coffered ceiling, and large bay window you’ve always loved about your home. Potential buyers are drawn in by interesting architectural details that add to the value of the property (not to mention the home’s character), so show them off in the listing photos! 6. Take aerial photos Really want to make a great impression? Show off your home and acreage from above. Try drone photography!!! The ‘wow’ factor alone is usually worth the cost. 7. Let in natural light Selling a home is about creating a feeling for potential buyers, and nothing says this more than bright, happy images. Natural sunlight can have a tremendous impact on the presence of the property, One of the best things about natural sunlight is that it’s free! Dark and gray light can produce very dull photos that won’t draw people into your property. With that in mind, try to schedule picture taking on sunny days, which will highlight your home. #RealEstate #BusinessTips

Today, the kitchen is the focal point of the home, the place that brings everyone together at the start of the day or after a long day way. As with any modern design trend, clean and simple styles have become favorites for homeowners with natural light becoming an essential aspect of the overall look and function of the kitchen space. Clutter-Free Counters With so little visible on their countertops, homeowners are requiring more storage. The majority of homeowners are prioritizing new storage solutions over all other functions of their kitchens, followed by creating open spaces that allow for working, playing, and living. The top requested features revolve around cabinet storage and organization, including pull-out waste or recycling baskets, organizers, revolving corner trays, pull or swing out trays and shelves. Surfaces - Quartz is #1 For high-end kitchen countertops, quartz still reigns supreme. The material is extremely hardy, can last virtually forever, is a breeze to maintain and is anti-microbial. Granite, the main competitor in the high-end bracket, requires slightly more maintenance. There is a notable trend toward softer and more neutral colors. More and more homeowners are opting for colors like: grey, taupe, creamy or white finishes. Smarter Assistants and Technology Smart kitchens are an evolving aspect of design. In fact, a lot of kitchens today are built smart from the ground up. Ease add-ons are motion sense-equipped kitchen faucets that can sense the presence of hands underneath and will come on automatically or try a one-touch feature. Refrigerators that can alert you when your groceries items are running low or a coffee maker programmed to have your coffee ready when you wake up. Technology integrated kitchens are becoming more popular as homeowners experiment with novel equipment. This is one of the biggest trends going into 2018. White is Still Hot White is still a big favorite for kitchen cabinets. Homeowners love it for its clean look, which is especially beneficial in a space that tends to get cluttered. White cabinets are simply beautiful and timeless and can be used in almost any kind of kitchen style. We expect white to remain a popular cabinet color in 2018 and probably for years to come. To break up the all-white kitchen expect to see islands in a variety of different paint colors or wood stain colors. The mixing of finishes create a needed accent piece and additional pops-of-color for the brave of heart. Transitioning Styles More renovating homeowners are opting for a completely different kitchen style compared the previous two years. Iconic modern and traditional styles are giving way to transitional, contemporary, and farmhouse styles. Half of kitchen remodelers are also updating their kitchen layout (50%) and are favoring L-shaped layouts versus a traditional U-shape. Appliances: New Styles and Preferences One of the hottest trends we are seeing for 2018 is gray-toned appliances in a dark brushed metal finish. Stainless steel appliances have dominated the market for quite some time, so seeing a different finish come into play is not surprising. Homeowners seem willing to experiment with a wider range of tones around the kitchen these days. More and more kitchens want to include induction cook-tops with separate single wall ovens. This trend can be more expensive than commercial ranges and often take up more space. But as in many of these trends, aesthetics is a major issue. Changes are also happening in the oven world. Steam ovens are fast becoming the new “must-have” appliance. They cook food much faster, retain food nutrients and flavor better than conventional ovens. Are you limited on isle space, then consider getting a French Door wall oven. Let these upcoming trends serve as design ideas for your 2018 kitchen renovation or new home construction. These ideas combine the best in functionality and aesthetics to create the ultimate kitchen. #Kitchen #NewHouse2018 #RealEstate #BusinessTips

1. Establecer un escenario Del mismo modo que no desearías que los invitados o los amigos vieran tu hogar en desorden. Definitivamente no deseas que los posibles compradores sepan qué marca de cereal compras o que descubran una pila vieja de periódicos. Aquí es donde entra en escena. Dedique tiempo a los detalles: Organice estanterías, arregle escritorios y quite alfombras o muebles que bloquearán la vista en sus fotos. Scott Curcio de Coldwell Banker en Chicago, IL. Sugiere. "Párate en el lugar donde fotografiarás cada habitación, ¿qué ves que te distrae?, Quítalo para obtener las mejores tomas del espacio." 2. Arregle sus imágenes para contar una historia Cuando los compradores se encuentran con su lista en línea, solo les quedan unos segundos para captar su atención: las fotos al azar pueden ser confusas. Arregle sus fotos como un recorrido virtual por su casa. Primero, deles la bienvenida a través de la puerta principal y alrededor del primer piso antes de continuar hacia otras partes de la casa. Esto ayudará al comprador a tener una mejor idea del diseño de la casa. "Menos a veces es más", dice Patrick McLaughlin, un agente inmobiliario con Douglas Elliman en Sag Harbor, Nueva York. "Las fotos del listado deben ser una invitación a una lista. No cometa el error de intentar venderlo completamente en línea.” 3. Concéntrese solo en algunas partes de la casa Aunque puede que le encanten sus tres baños recién pintados, asegúrese de fotografiar los espacios que cree que atraerán a un comprador potencial, y deje de lado el resto. Por ejemplo, si tiene un increíble baño de spa, use una imagen de eso para poner a los espectadores en una mentalidad relajada, en lugar de abrumarlos con múltiples tomas de espacios similares. 4. No tome fotos poco realistas La honestidad es siempre la mejor política, especialmente cuando se trata de incluir fotos. "Me gusta que las fotos sean exactamente representativas de la casa, por lo que las personas ven exactamente lo que pensaban que verían o comentan que la casa se ve mejor en la vida que en las fotos". 5. Muestra los detalles arquitectónicos Ahora es el momento de alardear sobre la moldura de techo, el techo artesonado y la gran ventana salediza que siempre ha amado en su hogar. Los compradores potenciales se sienten atraídos por interesantes detalles arquitectónicos que aumentan el valor de la propiedad (sin mencionar el carácter de la casa), ¡así que muéstrelos en las fotos de la lista! 6. Toma fotos aéreas ¿Realmente quiero causar una gran impresión? Muestra tu hogar y superficie desde arriba. Jim Brooks de Realty One Group en Las Vegas, NV, sugiere probar la fotografía de drones, si su vecindad o la asociación de propietarios lo permite. "El factor 'wow' solo generalmente vale la pena el costo", dice. 7. Deje entrar la luz natural Vender una casa se trata de crear un sentimiento para los vendedores potenciales, y nada dice más que imágenes brillantes y felices. "La luz solar natural puede tener un tremendo impacto en la apariencia de la propiedad", dice Kameron Kang de ENG Garcia Properties en Washington, DC. " ¡Una de las mejores cosas de la luz solar natural es que es gratis! Los días nublados y oscuros pueden producir fotos muy aburridas que no atraerán a las personas a su propiedad. Con eso en mente, trate de programar la toma de fotografías en días soleados, lo que resaltará su hogar” #RealEstate #BusinessTips #Spanish

Let your First Time Homebuyers know they have options!!! At One Republic, we always stay creative in what useful niche products we can offer. Contact us today, we would love to tell you or your clients more! We strive for customer service excellence. 1. 10% down is cool, but what if we added NO ESCROWS required…nice option to have if buyers are tight on money 2. 3% down on all conventional loans, don’t always have to go FHA, but we do offer both 3. College Degree immediate financing—buyer graduated, got a job, no seasoning or waiting, we will do the loan 4. Closing Cost Assistance Programs-receive credits, find out more from ORM loan reps 5. Did you that if your buyer didn’t own a property for 3 years, we consider that transaction to be “First time home buyer” Call us today (888)848-6065 #GoodTip #Lending #Mortgage #BusinessTips #RealEstate

ITIN Lending Program (Non-Citizen Lending) Today, a home buyer doesn’t need a social security number to get a mortgage. Shocking, but its true!!! Foreign nationals working in the United States may be eligible, as long as they have an ITIN number, and meet certain criteria. ORM will find the loan that is the best fit for your client’s needs. Loans for qualified buyers Designed to help a borrower with Individual Taxpayer Identification Number, but no social security number. No Visa, Work Permit, or Green Card needed Alternative income documentation accepted. High LTV = Low down Payment. Low Credit Scores, Bankruptcy, foreclosure, short-sale OK! Basic Qualifications US Gov ID, Matricula Consular ID, or Passport 2 years same or similar line of work (can be self employed) 2 years tax returns using ITIN 10% down payment, can be gifted partially! Both Owner and Investor occupancy #Mortgage #Lending

FHA Loans FHA loans are a popular option for first-time home-buyers. Down payments can be as little as 3.5%. The current calculation of deferred student loans has been dropped by half! Going from the old 2% rule to now 1% of the balance of the total sum of outstanding student loans. The improvement in underwriting guideline, allows us to increase the purchase power for our buyers, due to the drop in estimated debt. This amount could play a factor in buying that dream home. Conventional Fannie Mae and Freddie Mac are not far behind in making school loan calculations more common sense underwriting driven. Change #1: Student loan payment calculation Lenders may use the student loan payment as it appears on the credit report for qualification. Period. Before the change, lenders had to use 1% of the outstanding balance or the fully amortizing repayment amount. The higher payment would put the buyer outside Debt To Income Ratio guidelines. Change #2: Student debt paid by others Just because a payment shows up on a mortgage applicant’s credit report does not mean the borrower pays it. Often, that obligation is taken care of by a parent or another party. In these cases, Fannie Mae and Freddie Mac would omit the payment entirely. This will do wonders for a buyer’s DTI ratio, and in turn, the mortgage approval. VA Loan For our Veterans, VA loan is extremely beneficial, and has layered pro’s. The Veteran or the spouse of one, provides written evidence that the student loan debt will be deferred at least 12 months beyond the date of closing, a monthly payment does not need to be considered, and is omitted from Debt To Income Ratio. Again, meaning more buying power for the borrower! In a situation of non-deferment, there is a pretty complex calculation used to slice and dice the payment off the credit reporting number. Our very knowledgeable staff is able to assist in pre-approving these much attention needed cases. Contact us to learn more (888)848-6065 #GoodTip #Lending #Mortgage

Advantages and Benefits of Closing in a Land Trust The Title Holding Trust or Land Trust is a device for acquiring, holding, managing and selling real estate. It is a more desirable and advantageous ownership structure than some of the more familiar forms of real estate ownership. The reasons that are beneficial to Title Holding Trust or Land Trust are to acquire, hold and dispose of real estate or personal property include: Confidentiality or Privacy of Ownership Confidentiality and privacy of ownership is without a doubt the most important benefit of the Title Holding Trust or Land Trust. Owners of real estate are entitled to just as much privacy as owners of stocks and bonds. Real estate ownership does not need to be a matter of public record. The Title Holding Trust or Land Trust provides an excellent method for acquiring, holding and disposing of real estate without revealing the true owner's identity. The Title Holding Trust or Land Trust is particularly useful in landlord-tenant relationships where the landlord wants all tenant contact to be with the property manager and does not want the tenant to be able to locate the true owner (Landlord). Anonymity may also be desirable in real estate negotiations where knowledge of true identities might otherwise hinder or complicate the transaction Ease of Transferring or Financing Property Real estate owners must sign all of the necessary legal, financing and closing documents each time real estate is acquired, refinanced or sold. This burden can be eliminated by acquiring and holding real estate in a Title Holding Trust or Land Trust. Only the signature of the Trustee would be required when real estate is held in a Title Holding Trust or Land Trust. The Title Holding Trust or Land Trust can be an especially useful tool when there are multiple beneficiaries (owners) or multiple properties being acquired and held. Protection Against Liens or Judgments Liens or judgments against a beneficiary cannot affect the real estate held in a Title Holding Trust or Land Trust because the beneficiary does not own the real estate. The beneficiary owns a beneficial interest in the Title Holding Trust or Land Trust, which is personal property rather than real property. This can be particularly important when one of the beneficiaries in a Title Holding Trust or Land Trust may be prone to litigation, liens or judgments. The Title Holding Trust or Land Trust protects the other beneficiaries in the same Title Holding Trust or Land Trust from these attachments. Multiple Beneficiaries (Owners) Title Holding Trust or Land Trust is particularly helpful in conveying or transferring ownership in property when there is more than one beneficiary since title to the real property is held in the name of the Trustee. For example, four children may have inherited their parents' property. In order to facilitate the sale of the property, it can be transferred into a Title Holding Trust or Land Trust. Thus, only the Trustee need execute the necessary transaction documents to complete a sale or refinance of the subject real property. No Registered Agent A registered agent for service of process is not required for a Title Holding Trust or Land Trust unlike with a corporation or limited liability company. Cost Efficient Title Holding Trusts are much more cost effective compared to other forms of real estate ownership. There are no annual filing fees, no tax return preparation fees, no minimum annual taxes due, no Secretary of State filing fees and no registered representative costs. There is only the annual Trustee fee. Transactions are Private The terms and conditions of any transaction remain confidential and private. Any recorded documents are in the name of the Trustee and are signed by the Trustee. Saves on Title Insurance Premiums The Trustee of the Title Holding Trust or Land Trust is the insured party and remains the same before and after any transfer of beneficial interests. Therefore, there is no need to obtain costly title insurance endorsements when beneficial interests are transferred. Great Negotiating Advantage Real estate investors can acquire real property without tipping off sellers or competitors. (Walt Disney acquired all of the land in Florida through a land trust prior to construction of Disney World. This way no one was able to take advantage of Walt Disney by inflating prices.) Collateral for Financing The beneficiary's interest in a Title Holding Trust or Land Trust can be used as collateral for bank loans. The beneficial interest may be pledged as collateral without the additional need and expense of obtaining a mortgage. The beneficial interest may be pledged as collateral even where there is an existing mortgage against the real estate. Contact us to learn more (888)848-6065 #GoodTip #Lending #Mortgage #BusinessTips

Milenialsi mieli huczne wejście na rynek kupujących domy. Od 2015 przebili liczebnościowo grupę „baby-boomers” i są obecnie największą grupą kupującą nieruchomości w Stanach. Z tego względu marketing do Milenialsów powinien być na czele twojej piramidy priorytetów. Zrozumieć Milenialsów Czasami określani mianem „Generacji Y”, Milenialsi są pokoleniem ludzi urodzonych pomiędzy 1980 i 2000. Przewiduje się, że Milenialsi przekroczą liczbę 75.3 milionów w 2018. Z większością w wieku pomiędzy 18 i 34 lat, wielu z nich szuka możliwości kupna lub wynajmu swoich czterech kątów. Kiedy reklamujesz do Milenialsów pamiętaj, o tym że: 89% Milenialsów skorzysta z usług agenta, ale również mogą mieć większe wymagania od swojego agenta 63% Milenialsów, którzy sprzedali swoją nieruchomości poleciłoby swojego agenta znajomym lub ponownie skorzystało z jej/jego usług. Są to najniższe wyniki na przestrzeni wszystkich badanych generacji. 70% Milenialsów, którzy kupili nieruchomość poleciłoby swojego agenta lub ponownie skorzystało z jej/jego usług. Około 45-50% Milenialsów znalazło swojego agenta po rekomendacji rodziny lub znajomych. Milenialsi są przykuci do social media i sms-ów, aczkolwiek 75% badanych Milenialsów nadal chcę, żeby do nich dzwonić. Milenialsi uwielbiają internet do komunikacji i szukania okazyjnych nieruchomości. Ponad 94% Milenialsow używało stron internetowych typu Redfin, Zillow w poszukiwaniu swojego domu. 51% z nich znalazło swój docelowy dom w taki właśnie sposób. Pomimo niezależności, 87% Milenialsów nadal szuka porady dotyczącej nieruchomości u swojego agenta czyli u Ciebie!. Jak dotrzeć do Milenialsów Milenialsi kochają swoja technologię: urodzeni w czasach wszelkich nowinek technologicznych, komputerów i smartfonow. Gdy reklamujesz do Milenialsów, pamiętaj że są oni badziej skłonni do odpowiedzi na reklamy on-line, niż konwencjonalne formy marketingu takie jak gazety, plakaty czy pocztówki. Pomimo tego, że twoja firma może posiadać fizyczne biuro, nie zapominajcie o swojej prezencji w formie wirtualnego biura. W ten sposób zapewnicie sobie możliwość interakcji z przyszłymi klientami poprzez social media, email, Skype, SMS lub inne. Jedne z lepszych metod komunikacji z potencjalnymi klientami Milenialsami są blogi oraz krótkie filmiki na portalach takich jak Youtube. Wielu agentów prowadzi swoje własne blogi oraz dzieli się wideo z oględzin swojej nieruchmosci. Im więcej reakcji orzymaja na serwisach typu Facebook, Twitter, LinkedIn, Pinterest, Tumblr or Instagaram tym większa publiczności. Podsumowując: Marketing do Milenialsów może być wymagający, ale jest warty zachodu. Do równomiernego rozwoju swojego biznesu jako Agent, pamiętaj aby część uwagi poświęcić docelowym obiorca tzw. Target group. Znajdź znaczącą metodę komunikacji z Milenialsami czy to w postaci blogu lub vlogu, a skorzysta na tym twój biznes. W One Republic Mortgage rozumiemy aspekty zmieniającego się rynku i mamy duże doświadczenie w tworzeniu i prowadzeniu odnoszących sukcesy kampanii marketingowych. Zadzwoń już dziś do Radka pod numerem telefonu (630)207-0980 #GoodTip #Lending #Mortgage #BusinessTips #RealEstate

ITIN Lending Program (Non-Citizen Lending) Nie trzeba posiadać obywatelstwa Stanów Zjednoczonych, aby dostać pożyczkę na dom. Dla wielu jest to zaskoczeniem, ale to prawda. Wystarczy zgłosić się do One Republic Mortgage i spełnić następujące wymagania: Dla kogo jest ten program? ITIN to inaczej Individual Taxpayer Identification Number, i jest to program dla posiadaczy tego numeru. Nie potrzebna jest Visa, Pozwolenie na pracę lub Zielona Karta Używamy alternatywnej dokumentacji zarobkowej. Słaba historia kredytowa, bankruptctwo, foreclosure, short-sale OK! Dla kupujących po raz pierwszy oraz dla inwestorów Podstawowe wymagania Ważny dokument tożsamości ze zdjęciem, Matricula Consular ID, lub paszport Wymagane 2 lata zatrudnienia w podobnym zawodzie (może być self-employed) Wymagane 2 lata rozliczeń podatkowych na numer ITIN Wpłata własna od 10% (część wpłaty może być darowizną) Po więcej informacji zadzwoń już dziś do Radka Czeszejko Sochackiego z ORM pod numerem telefonu 630-207-0980 #Mortgage #Lending

CHALLENGE: THE CONDO GAME! Currently, people that looking to purchase a condo need to be able to qualify for conventional financing if the condominium association is not FHA approved. Even with the new Fannie 97% LTV loan available, it has not helped the market as much. People still need to have great credit, plenty of assets, and a low debt-to-income ratio. Without the ability to take advantage of the leniency of the FHA loan, many buyers are out of luck. In order to purchase a condo with an FHA loan, the condo association must be approved by HUD. Statistically, thousands of condos that once had approved status with FHA are no longer approved, this standing was revoked in 2010!!! Condo associations had to reapply. This process is not an easy or inexpensive one, which has left a majority of condo associations unapproved. In turn, this means that sellers are out of luck and buyers are having a hard time finding financing for housing that they can afford. ACCEPTED: One Republic offers Spot Approval! FHA Spot approval is a process of getting one single condo approved for the sake of financing rather than the entire association. The approval process is significantly faster, easier, and more cost effective. This is a complete game changer, for sellers, buyers, agents, and lenders. Our team at One Republic can work directly with you and your buyers to ensure those tough condo deals can close. Call us, email us, visit us online! We are here to help. #Mortgage #Lending

Millennial home buyers have entered the housing market in a big way. As of 2015, Millennials surpassed Baby Boomers as the largest generational group in America, and they now make up the largest group of home buyers. As a real estate agent, marketing to Millennials should be among your top priorities as per Real Estate Express article suggested. You’ll want to begin building marketing campaigns that are specifically targeted toward this group. Understanding Millennial home buyers Sometimes labeled as “Generation Y,” Millennials are people born between the early 1980s and the early 2000s. They were projected to surpass 75.3 million people as a group in 2015. With the core group of Millennials between 18 to 34 years old, they are now within age ranges where they are most likely to need a place to either lease or purchase. Many of them (or at least those who can afford to do so) are beginning to buy their first homes and invest in real estate for the first time. When marketing to Millennials, consider these helpful statistics on Millennial home buyers and trends: 89% of Millennials would use a real estate agent. Yet, they may be harder to please compared to other generations. 63% of Millennial home sellers would use their agent again, or refer the same agent to another. These are the lowest percentages of any generations surveyed. 70% of Millennial home buyers would hire their agent again, or refer them to another. 45% to 50% of Millennials originally found their real estate agent through a friend or family member. Millennials are more into social media and texting than any generation ever. Yet, 75% of Millennials polled also like to be contacted by telephone calls. Millennials love the internet for communicating and finding real estate opportunities. Upwards of 94% of Millennials use online websites for home searches. 51% of Millennials later found the home they eventually purchased online first. Millennials utilize apps, but still rely on the wisdom of real estate agents, as noted by 87% of them eventually going to agents for assistance. How to connect with Millennial real estate prospects Millennials love their technology. They grew up with high-tech gadgets, desktop computers, and smart devices. When marketing to Millennials, know that they are more likely to respond to online marketing and communication efforts as opposed to newspaper ads, flyers, and postcards. Although you may have a physical office at your brokerage firm or at home, don’t forget to take advantage of an online virtual office, too. This will allow you to interact with prospective Millennial home buyers online—whether through social media, email, Skype, text alerts, or other means. Some of the most effective options for targeting Millennial home buyers (and others) are shareable blog posts and short videos posted on YouTube and Vine. Many agents today are writing their own blogs and posting videos from their smartphones onto social media sites that can be seen worldwide. As more people “Like” their video tours of home listings or share them on Facebook, Twitter, LinkedIn, Pinterest, Google Plus, Tumblr, or Instagram, the potential growth rate of viewers is almost limitless. In a wrap-up Marketing to Millennials may be challenging, but it’s worth the effort. To successfully grow your business as a realtor, remember to focus at least some of your advertising efforts toward this target market. Make an effort to connect with them in meaningful ways. Once you find the most qualified Millennial prospects, you can start building long-lasting relationships that will hopefully lead to lots of new referrals down the road. At One Republic Mortgage we are very experienced in new ways of how to properly market, create and track successful campaigns, and assist our valued real estate agent partners. Reach out to us, our marketing team will help you and you might be surprised on what products we offer this target group as well as all of your potential clients. Call us today (888)848-6065 #GoodTip #Lending #Mortgage #BusinessTips #RealEstate

5 facts about ITIN number that will help you close more loans (Non-Citizen Lending) 1. Down Payment as low as 10% a. If you ask people what is necessary to buy a home with ITIN, most experts will tell you a cash down payment of at least 20% is a key factor. This is old news if you ask us! Although this product is considered a high risk loan, ORM (One Republic Mortgage) will do it with as little as 10% down payment! b. The beauty of financing your ITIN loan with ORM is the NO PMI advantage. What does that mean for you and your borrowers? Client can be qualified for a higher loan amount with the lower mortgage payment Less money to closing table 2. Self-Employed 12-24 months Bank Statements Self-employed individuals are typically the hardest borrowers to get financed, because many business owners write off so much of their income, it looks like they’re bringing home next nothing. Clearly this isn’t always the case, but it’s the only thing the underwriters can use to prove income. With OMR’s amazing ITIN product we only need 12-24 months of bank statements to calculate income, and qualify your borrowers to buy their dream home. 3. Investment Properties​ A common misconception is, because a person has an ITIN, they cannot buy a second home or and investment property. Not the case with ORM, we can finance up to 8 properties including the primary residence. 4. 2-4 units Income generating properties can be used as income to qualify your clients for a higher purchase price. 5. Easy Identification​ a. Although most borrowers for the ITIN product do not have a state issue ID, we will close with the following identification. Consulate ID Passport from their home country ITIN issue letter #Mortgage #Lending