Fargo Home lenders: Premier Home Lenders: Fargo Moorhead Home Lender: Premier Lender Profile Tom Boyer

Fargo Lenders Presents:

Who Else Wants A Fair Loan Locally--In Half The Time?

Whether you want to:

Buy your dream home in Fargo Moorhead,

Save a fortune refinancing,

Get the money you need to pay for your kid's college education with a home equity loan or,

Help your mom and dad get tax-free income from their home with a reverse mortgage home annuity.

Our Local network of professional lenders provide a wide range of lending solutions including home loans, refinancing options, or home equity loans with flexible options and competitive rates.

Thursday, October 11, 2007

Fargo Moorhead Home Lender: Premier Lender Profile Tom Boyer

Premier Lender Profile Tom Boyer
Business: Cornerstone Bank Mortgage
Hometown: Detroit Lakes

Your first job was: Country Kitchen - busboy
Favorite type of music: Classic Rock
Professional training: Learned the secondary market at Lakeland Federal in Detroit lakes. Loans were sold to Freddie Mac and we serviced the loans. Started originating mortgages in 1990 at Northwestern Savings Bank in downtown Fargo.
Did you or do you have a mortgage mentor?: Nate Monson got me a job at Northwestern and broke me into the originating side of mortgages.
What does a premier lender do on the weekend?: Family things: golf with my sons, go to the lake, FM Athletic football games in the fall, snowmobiling in the winter.
Highest interest rate you remember?: 11.0% in the mid 80’s.
Favorite family hangout?: Zorbaz on Pelican & DL
When I cook at home I like to...:make a triple batch of Grandma Lu’s Olde Fashioned Civil War Chili. My mom (Grandma Lu) has a great recipe; we even entered the DL Water Carnival Chili Contest years ago and took the 1st runner up prize.
One thing every consumer should keep in mind when searching for a mortgage: Get a good faith estimate and visit with the lender for a few minutes before deciding who to use.
What is the most gratifying part of Lending?: Attending the closings and seeing everything go smoothly and having the client happy and excited about a new home.
Your Favorite Charity and why?: FM Athletics. The organization benefits any kid in grade 4-8 that wants to play organized football. It has a dedicated board that works hard serving over 1200 kids in Fargo-Moorhead-West Fargo, and Hawley, Lake Park, Detroit Lakes, Casselton, Kindred and Barnesville areas. I have been involved with many organizations and support the philosophy of FM Athletics.

Find a Great Local Fargo Moorhead Home Lender

Business cards, Post Cards, Design, Logos, Fargo Moorhead Area

1 comment:

Find Fargo Real Estate or FM Realtors said...: Whether you want to:

* Buy your dream home in Fargo Moorhead,

* Save a fortune refinancing,

* Get the money you need to pay for your kid's college education with a home equity loan or,

* Help your mom and dad get tax-free income from their home with a reverse mortgage home annuity.

Our Local network of professional lenders provide a wide range of lending solutions including home loans, refinancing options, or home equity loans with flexible options and competitive rates.; March 17, 2008 at 10:23 PM

OreginalDesigns.com: Let Us Help You Save Money.

Fargo Printing
Let Us Help you save money.......on Your Print Work

Call Today 729-3824
These prices are delivered

Please Be Patient while it loads
Thanks For Considering us for your Print Business

FargoPrint.com is an online printing market that offers businesses and professionals complete e-commerce services to independently create and sell a wide variety of products, and unique merchandise.
OreginalDesigns.com was launched online by a local group of business professionals, no other specifics were given. The group said in a press release, they started the online printing market after they collectively saw an increase in their print and design orders outside the Fargo-Moorhead area. The printing and design site allows the group to offer their services to anyone with online capabilities.
OreginalDesigns.com also offers custom design and short run print
orders. Prices start at $9.99 and print products range from business cards to flyers, brochures to custom magazines. The group states their mission is to create a brand on a budget for companies and professionals of all sizes using the unique print-on-demand and e-commerce services. Local delivery is included in the final prices. The site also allows home-based businesses and professionals to link up to their market-portal. The site powers independently-run shops as well as syndicated and corporate stores, ability to do business online, including storefront development, site hosting, order management, fulfillment, secure payment processing, and quality customer service. Businesses can open a free shop with no upfront costs and no inventory to manage, according to the press release.
For more information visit www.OreginalDesigns.com

More Fargo Lenders

Areas included are

Dilworth, Hawley, Glyndon, Hitterdal, Hendrum, Lake Park Audubon Audobon, Cormorant Lakes, Detroit Lakes, Sabin, Downer, Rollag, Vergus, Pelican Rapids, Felton, Georgetown, Perley, in Minnesota and West Fargo 58078, Mapleton 58059, Casselton 58012, Prosper, Gardner, Grandin, Argusville, Kindred 58051, Colfax, Christine, Davenport 58021, Leonard, Hillsboro 58045, Hope 58046, Page 58064, Arthur 58006, Absaraka 58002, Wheaton, Horace, Harwood, Hunter, Reiles Acres, Frontier, Prairie Rose, Amenia, and Hickson Oxbow North Dakota

Fargo Moorhead Premier Home Lenders

Because you need quick action when applying for a real estate purchase loan, find a lender you can access easily. A lender's quick response signifies good service to follow.

Once you know your middle credit score, look for a lender appropriate to your specific needs. When ready to make offers to purchase, apply for credit with lenders. Choose at least three lenders to apply with and do it at the same time. Call all your prospective lenders during the same week. This counts as only one inquiry on your credit report. Credit bureaus expect borrowers to shop for a loan.

The best way to find a good lender in fargo is to ask a real estate investor or for a referral. Also, escrow officers and real estate agents know lenders who close loans efficiently in a timely manner. Avoid advice from agents or others who receive a kick-back commission for referring you, because you may pay for this referral with added charges to your loan.

Lender's Checklist
Ask potential lenders about the following requirements and costs according to a price range you think matches your needs. This also helps determine what you need to look for in a property.

1. Qualifications:
- Middle credit score
- Income

2. Loan costs:
- Points
- Processing fees
- Additional "garbage" fees (underwriting fees, loan documentation preparation fee, filing fees, credit report)
- Hidden costs
- Prepayment penalty
- Interest Rate
- PMI (mortgage insurance)

Are loan costs added to loan or prepaid? Is the seller allowed to pay a percentage of nonrecurring closing costs for the borrower? What is the maximum allowable seller contribution?

3. Requirements:
Percentage of purchase price required down? Or loan to value ratio? What about the condition of the property? Do they finance "fixers"?

A Better Way to Find Your Lender
After you work through all the details of the lender's checklist, you understand better the available possibilities. Now, from a different point of view, work backwards. Instead of asking the lenders what they offer you, tell them what you want and find the lender who best matches your terms. Create your own wish list of your personalized loan needs.

Personalized Borrowers Lender Checklist
Is this purchase an owner-occupied or an investment property?
What percentage do you want to put down?
If you want to sell right away, can you avoid prepayment penalties?
Do you need the loan to finance a fixer?
How much of a fixer do you want to tackle?
How flexible are the lender's appraisers?
Do you need a cooperative appraiser?
Do you care about "garbage fees" and need costs to be added to the loan?
Do you want to pay PMI, or a first and a second, or neither?
Do you want the seller to contribute to your closing costs?
How much do you want the seller to contribute?
How many points do you agree to pay up front or add to the loan?
Are super low payments available?

Make your own checklist according to your abilities and find the lender who comes closest to your needs. Remember, a good mortgage broker wants your business and works hard to find the right loan out of thousands to best suit your requirements. However, asking a lender for impossible demands wastes your time and theirs.

Notice the difference in real estate loan requirements, loan costs, and lender's attitudes. Figure out your qualifications, your loan needs, and find a matching lender with first-class service.