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Texas Owelty Clients Frustrated

By Brad Lynch on March 9, 2011 3 Comments

In the past couple years, I have established myself as one of the premier searched listings on Google for Texas families searching out information about the use of the owelty as a way to split up equity from their home.  If I were to add up the numbers from all the people who call me, regarding their needs in an owelty refinance, I bet 90% or more are calling me because another loan officer has messed up the process or a large entity such as the top 3 major banks in America are dragging their process out over more than a month or two.  In the end, this 90% or greater of prospects are just finding out that when they use a local retail bank, or some largely commercialized lender they see on TV or hear on the radio, to handle their lending needs in owelty, they are very unhappy with the experience of the loan officer and over all service of the company.  For that matter, this is what I find for home buyers/borrowers in all transactions.  I heard today in a conference, one of America’s top banks has had their loan officer numbers in the broker world drop in 1 year, from over 2,000 to under 700. 

GOODNESS!  Consumers, you are doing a very poor job of taking the initiative to evaluate your service providers when it comes to deciding on what lender or loan officer you want to use when applying for your owelty refinance, and again for that matter, purchase of your home or refinancing needs. 

If you are considering a refiance, especially the refinance with the involvement of the owelty, try calling Friso’s one an only, Your Mortgage Guy For Life…IE, Brad Lynch, IE ME.  Many times, my job would be much easier if I wasn’t cleaning up someone else’s inexperienced mess.  Come to me first, and I’ll save you money and time.

I get results for my clients!!!  Success leaves clues.

YMGFL

Look through my previous owelty posts to get a good idea of what this refinance consists of, and it’s pros and cons versus other options.  Look at the list of posts below.  If you are the type that needs no prior learning of the programs and would rather hear it from the horses mouth, call me directly in Frisco.

Texas Owelty Pays Off Spouse During Divorce

Texas Refinance Using Owelty Loan or Lien During Divorce

Using the Owelty of Partition During Divorce

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Filed Under: Mortgage Loans Tagged With: Divorce Loan, frisco mortgage owelty, owelty divorce, owelty refinance, texas owelty, what is owelty

Comments

  1. maid service frisco says

    September 22, 2013 at 4:40 am

    Do you mind if I quote a few of your articles as long as I provide credit and
    sources back to your site? My website is in the very same area of interest as yours
    and my users would really benefit from a lot of the information you
    provide here. Please let me know if this okay with you.
    Regards!

  2. Brad Lynch says

    September 23, 2013 at 9:04 am

    That is fine!

Trackbacks

  1. Texas Owelty Basics Video Blog for Divorce Mortgage Refinance | Your Mortgage Guy For Life - Brad Lynch says:
    April 25, 2011 at 2:40 pm

    […] Texas Owelty Clients Frustrated […]

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Hello there! I'm Brad. If you have any questions as you read through this website you can reach me at 469-450-2723. Or, Pre-Qualify Now For Purchase Or Refinance.

About Brad Lynch

Brad Lynch of Flower Mound, TX has been helping families in the DFW and surrounding areas since 2002. Over 95% of his business during that time has been by referral.

Specialties include, FHA and Conventional Purchase and refinance mortgage, and owelty refinances during or after a divorce.

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CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT HTTP://WWW.SML.TEXAS.GOV.

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