Mark Barrett Mortgage Banker

at 5330 Office Center Ct Suite 61, Bakersfield , 93309 United States

1. Real Estate Service

To qualify everyone that Ginnie Mae, Fannie Mae, Freddie Mac, FHA, VA, USDA guidelines allow for without overlays so I can qualify all eligible borrowers.

Description

Mortgage loan officer qualifying more people for more home at wholesale pricing. C2 is a large direct lender and 2nd largest broker in the country with over 50 branches in CA and over 300 loan officer and over 70 banks to shop rates or Niche programs. 1. No overlays above 580 FICO. FHA loans 500-579 FICO have some overlays along with 580 FICO down payment assistant programs. 2. I don’t need collections paid off in most cases(I follow AUS findings) 3. I don’t have credit trade line requirements, i.e. 1 credit card with 580 FICO is good without using alt credit, even if open less than 12 months. THAT’S HUGE! Most lenders require 3 credit trade lines rates 12 month on the report and many require one current and others others requir in the last 36 months. 4. FHA DTI to 47/57 if AUS approved. My Fannie Mae account is unrestricted so I usually get that high if I have 640 FICO. Most lenders stop 45/50% and some at 36/43%. 5. If the automated findings don't ask for tax returns we will underwrite off the W2's in most cases and only pull a W2 validation from the IRS. Many lenders require a copy of your tax transcripts from the IRS. 6. 95% conventional loans with 620 FICO with lender paid mortgage insurance. 7. No appraisal reviews. FHA and Conventional appraisal transfers allowed 8 No bank statements needed, use VOD's 9. Gift party only fills out gift letter and wires money to escrow for Conventional loans. Nothing from their bank required. Escrow gives wire receipt. 10. On FHA loans with 620 FICO we can generally cover all the fees by raising the rate a little so no seller concessions on most loans. 11. Piggy back 2nds to 90% CLTV 12. Reverse Mortgages. I know this product well 14. No seasoning of time after short sale program if you qualify “The services referred to here in are not available to persons located outside the state of California” “This licensee is performing acts for which a real estate license is required. C2 Financial is licensed by the California Dept of Real Estate, Broker# 01821025; NMLS#135622., My NMLS License # 279056, Real Estate license BRE# 01438387”

Company Rating

239 FB users likes Mark Barrett Mortgage Banker, set it to 7 position in Likes Rating for Bakersfield, California in Bank/Financial Service category

Summary

Mark Barrett Mortgage Banker is Bakersfield based place and this enity listed in Real Estate Service category. Located at 5330 Office Center Ct Suite 61 CA 93309. Contact phone number of Mark Barrett Mortgage Banker: (661) 544-8787