Frank Scozzaro - Building a custom home? Start with a custom loan
Frank Scozzaro specializes in helping people who are building new custom homes. Here’s how:Individual Service. Most folks building custom homes there days are people who have earned it - Achievers. As a result, the demand and deserve individualized attention, especially when it comes to satisfying their lending needs. Custom homes really do need custom loans. Frank Scozzaro will work with your individual borrowing needs and he’ll perfect a custom loan package for your new custom home.
Extraordinary Options. Many people who build custom homes are self employed, and with some lenders that can be a challenge. Frank Scozzaro has helped many self employed people and he can help you too. Regardless of your situation, whether you’re a single parent, recently divorced or even if you’ve had some credit troubles in the past, Frank Scozzaro can put together the right financing for you.
No Loan Surprises. Building a home is an adventure, often filled with little surprises along the way. But when it comes to the financing behind you, there will be no surprises. As a lending professional, Frank Scozzaro works hard to keep you informed at all times. To learn how you can get the special financing you deserve, call Frank Scozzaro today.
Click here to find out more about Frank Scozzaro on www.virtograph.org
April 16th, 2008 - Posted in Frank Scozzaro | | 0 Comments
Frank Scozzaro -Do not Live with a Broken A.R.M.
Adjustable-rate mortgages are great for temporarily low interest rates. Historically, however, the rates increase over the course of the loan.If you plan to stay in your current home for more than three years, it’s a good idea to consider a fixed-rate mortgage. Frank Scozzaro’s fixed-rate loans are at the best rate they’ve been in years.
Don’t take a change on the A.R.M. that might break you. Call Frank Scozzaro today to convert your old adjustable-rate mortgage to a fixed rate, and keep your financial future healthy!
Frank Scozzaro’s phone number is 262-308-2667
Click here to find out more about Frank Scozzaro on www.virtograph.org
April 15th, 2008 - Posted in Frank Scozzaro | | 0 Comments
Frank Scozzaro - You are no alone
Our changing economy has left tens of thousands of Americans in the precarious position of trying to sell a home on which they owe more than the market can bear.
With little or no equity, the often feel trapped, stressed and without recourse.Sound familiar? Frank Scozzaro can help.
As a Short Sale Specialist, Frank Scozzaro works with local and national lenders to find solutions to dilemmas just like yours. When you find yourself in an overwhelming situation involving real estate, you need a professional to help navigate the difficult time while protecting your rights and interests.
Call Frank Scozzaro today to find out why a short sale might be just the solution for you.
Click here to find out more about Frank Scozzaro on www.virtograph.org
April 14th, 2008 - Posted in Frank Scozzaro | | 0 Comments
Frank Scozzaro -Home Loan
For buyers who like to be completely prepared and wholly informed, Frank Scozzaro is happy to provide a free Comprehensive Home Loan Report. This in-depth document, designed for a written in terms the mortgage laymen will find useful, covers the gambit of loan information a borrower needs to know, including a glossary of the terms and phrases commonly used in the mortgage business. Though complex, this special report is by no means above the head of any serious buyer and includes a list of the most common pitfalls borrowers fall into when entering into a mortgage.Many people take advantage if Frank Scozzaro’s free Credit Analysis, which can also be done in person or over the telephone, home buyers who have a concern about their credit can find out what issues they are facing and how to best approach them when submitting a loan application. As the vast majority of people have at least some adverse entries on their credit report, this information is crucial to know early in the home buying process. Home buyers are rarely precluded from obtaining quality home financing on the basis of a moderately adverse credit report.
Frank Scozzaro feels that although offering a wide variety of free services helps make a good impression on new loan customers, Frank Scozzaro’s reputation is only as good as the impression left on the last customer. “All the free service in the world doesn’t replace the day-to-day performance of a mortgage lender. It’s that first qualifying visit, recommending the right kind of loan application, tracking the loan process and keeping my customer informed. Its solving problems and getting loans closed that sets our service apart - nothing fancy, just doing my job to the best of my ability, and that’s what I hang my future on,” says Frank Scozzaro.
Click here to find out more about Frank Scozzaro on www.virtograph.org
March 17th, 2008 - Posted in Frank Scozzaro | | 0 Comments
Frank Scozzaro - new mortgage programs
Frank Scozzaro spends a hefty portion of time hitting the books, becoming familiar with the constant flow of new mortgage programs as well as staying on top of the changes and upgrades to existing mortgage instruments. “One of the saddest things I see is a couple who jumped at the first loan approval they got and found themselves married to a 30 year incorrectly structured financial obligation they can’t live with or get out of, and it happens every day,” Frank Scozzaro states.
The home mortgage business is profit driven, highly competitive, and doggedly complex. Yet at the street level, where prospective home buyers work with loan representatives, until recently there has been surprisingly little done in the way of regulating the players. Compensated on what amounts to a commission, mortgage brokers faced the same temptations posed before most salespeople, the sin of omission, leaving borrowers too often in the dark as to the finer details of their loan. Even today, as mortgage banking is still a performance based compensation industry, borrowers need to make certain they’re dealing with a mortgage specialist who is not only knowledgeable, but equally honest.
Frank Scozzaro asserts, “Only a tiny percentage of borrowers ever read a mortgage agreement before they sign it. Most know only the amount they’re borrowing, the interest rate and what day of the month the payment is due.” This gives an unscrupulous mortgage lender the opportunity to work any number of fees into the mix, fees that come out of the borrower’s pocket in one way or another. To counter that possibility Frank Scozzaro recommends that borrowers make a copy of the entire mortgage document, then sit down and walk through each and every line, highlighting any sentence or phrase they are not absolutely clear about. Only when they’ve identified their concerns are they prepared to query their lender for meanings. Frank Scozzaro makes this a standard practice and claims that customers go into the transaction with more confidence and peace of mind as a result.
Another positive habit Frank Scozzaro developed is working from checklists. These forms generate questions, explain procedures, process. The result is two-told: the elimination of error and more often than not, a quicker conclusion. “This is a business of details and not for people who like to shoot from the hip. Our customers appreciate the added professionalism we offer by staying true to a proven system,” Frank Scozzaro says.
In the spirit of quality service, Frank Scozzaro offers clients and customers numerous services at no cost. One of the most popular is Frank Scozzaro’s weekly email subscription, Market Watch. This extensive service is for people who are currently in the home-shopping mode but who are looking for a particularly good deal. How it works is simple, after a short initial conversation either in person or by telephone, Frank Scozzaro will email you once a week with all the properties that have come on the market in the previous week matching your specifications, such as price, financing, area, etc. This information gives you a jump on the market.
Another often accessed free service Frank Scozzaro offers is a 24 hour-a-day Loan Pre-Qualification Service. Literally in 10 minutes, either by phone or in person, Frank Scozzaro can determine your realistic home buying capacity and give you the financial specifications you’ll need to look for in your new home. For example, once pre-qualified, you’ll know whether or not you should spend your time looking at homes in a certain price range, requiring a certain down payment, requiring a certain credit profile, etc. Once you separate what you can buy from what you can’t, you’re ready to proceed with confidence, which makes the buying experience pleasant.
Frank Scozzaro will also provide you with a free Loan Pre-Approval, which is significantly more comprehensive, almost like handing you a blank check to go house hunting. Pre-Approved home buyers have more clout in the marketplace. Their offers are taken more seriously, their negotiating position is substantially enhanced, and they can concentrate exclusively on finding the right home. They don’t need to be concerned about whether or not they can afford it, or whether or not they can find financing for it, which is the best position to be in when looking for a home.
Click here to find out more about Frank Scozzaro on www.virtograph.org
March 14th, 2008 - Posted in Frank Scozzaro | | 0 Comments
Frank Scozzaro is eliminating credit headaches
Frank Scozzaro has been working overtime to help ease the credit stress for home buyers hoping to secure a new home. Frank Scozzaro hopes now to implement a host of innovative, customer-friendly services for the credit impaired, which make up the largest sector of the home buying public.
When it comes to credit blemishes we often think of the young couple buying their first house, or the working family who has suffered some set-backs hoping to find affordable housing. Many are surprised to learn that just the opposite is true; the vast majority of credit challenges permeate from the middle and upper-middle class income buyers. It’s fair to say, in today’s home buying economy, more buyers will face a credit issue than won’t, which makes it all the more important that a buyer work with a mortgage specialist who knows the intricacies of credit and finance.
Over the past two decades the entire lending community has had to reassess its definition of credit worthy, relaxing once stringent standards, casting a wider net than it may have liked. Across the board, credit is evaluated drastically different and far less rigid than it was just ten years ago. Though the automobile industry leads the way, offering loans to buyers with bruised credit who, a decade before would have been flatly refused financing, the home mortgage business has not been far behind.
Financing insiders attribute the shift to less demanding credit standards to a number of factors, some obvious, others not so apparent. For example, the career model of the American worker has changed. In the 1940’s, 50’s and 60’s, workers stayed with companies for a long time, if not a lifetime. Today, most companies don’t enjoy that kind of life expectancy, and the demise of a company historically has often filtered down at some point and show up on the credit reports of its former workforce.
Today, as at no time ever before, millions are self-employed, many successfully so, but many underestimate the complexities of running their own business and end up in credit trouble. A failed business no longer automatically disqualifies someone from obtaining a mortgage as it once did.
According to Frank Scozzaro, “I see people with a few unfortunate marks on their credit who were once considered loan-lepers. Except now they’re getting into homes, and that’s good news for all of us.” Lenders are not less cautious when it comes to doling out the dollars, they’re becoming more realistic. It’s an economic fact that the pool of buyers with whistle-clean credit is getting progressively smaller and smaller. For lenders to stay in business, they have to turn to the next level of credit holders, which is opening homeownership to more and more people each year.
Still, home buyers with credit issues who try to navigate the mortgage waters without the safety line of a knowledgeable and skilled specialist, like Frank Scozzaro, sometimes find themselves paying exorbitant interest rates or unnecessary closing expenses. The best move a marginal buyer can make is to call and set an appointment to discuss their alternatives with someone who can help. Frank Scozzaro can be reached at 262-308-2667.
Click here to find out more about Frank Scozzaro on www.virtograph.org
March 12th, 2008 - Posted in Frank Scozzaro | | 0 Comments
Frank Scozzaro finds new real estate agents
Much in the way real estate professionals work to find new buyers and sellers, Frank Scozzaro works to find new real estate agents to team up with. There’s even a marketing program designed to help locate good agents who are willing to explore services and skills as a lender. Frank Scozzaro will start slowly with a new agent who is bringing a buyer needing financing. “Usually, the first time I work with an agent, they’ll have a buyer they’ve had turned down by the mortgage people they normally do business with. They think, well, I don’t have anything to lose; I’ll give this Frank Scozzaro a try. If they’re happy with the result, they’ll bring me a few more buyers, and over time, I generally get the lion’s share of their business.” Frank Scozzaro doesn’t think it’s realistic to walk into the office of a multi-million dollar agent and walk out a half hour later with all their mortgage business. “Really, it’s a little like two people getting married; they don’t start off the relationship at the church, they date for a while first, and it works both ways. I have to like and trust an agent; I have to believe that agent is approaching the transaction with the buyer’s interests first and foremost,” says Frank Scozzaro.
Although Frank Scozzaro believes agents bring in their loan business essentially because they’re comfortable with the performance, Frank Scozzaro acknowledges that the package of meaningful services offered helps. “When I first got into the mortgage business I watched how lenders went about finding agents to work with, and a lot of what I saw didn’t make much sense. Passing out advertising specialty products, pens with my name on it, calendars, golf balls and all that, just didn’t strike me as very effective. So, I sat down and came up with a list of things I would want from a lender if I were a real estate agent,” Frank Scozzaro explains.
What resulted was “Scozzaro’s Four Meaningful Services”. First, if an agent is going to provide referral customers, referrals should also go back to the agent. To that end, Frank Scozzaro maintains an annual lead generation program, helping agents find new buyers and sellers, which is free.
While an exact number of buyer or seller leads passed an agent’s way cannot be guaranteed, Frank Scozzaro uses one of the industry’s most sophisticated and reliable lead programs to find referrals.Beyond providing referrals, Frank Scozzaro believes the second most meaningful service offered is availability. For example, let’s say an agent is out showing houses to buyers on Saturday afternoon, and that agents has a financial question, or his buyers want to ask in what price range they should be looking. Frank Scozzaro is there to answer the call. Frank Scozzaro may miss a round of golf from time to time, but availability has proven itself to be high on most agents’ list.
On a more in-depth scale, the third meaningful service is something Frank Scozzaro feels strongly should become part of any agent’s sales process - having their buyers pre-approved for finding. Frank Scozzaro insists that while pre qualifying a buyer is important, unless it is followed by a more though pre-approval step, it can create more misunderstandings that it solves. “Pre-qualification means I like you, maybe we’ll go out sometime; pre-approval means I love you, let’s get married.” Frank Scozzaro is available to meet buyers at the agent’s office, a mutually convenient location, or in many cases the pre-approval can be completed over the telephone. “The confidence buyers feel after being pre-approved can’t be replaced. Suddenly, they’re no longer just looking for a house. How that they sense it is becoming a reality, their attitudes brighten, and their loyalty to their agent tightens.”
The fourth meaningful service stems from commitment to education. Frank Scozzaro truly believes the more informed you make your buyer, the better your chance of retaining them.
As a specialist in residential mortgage lending, Frank Scozzaro is your advocate and has developed the skills necessary to work closely with your buyers without interfering with your sales process. That takes true specialization.
Click here to find out more about Frank Scozzaro on www.virtograph.org
March 7th, 2008 - Posted in Frank Scozzaro | | 0 Comments
Frank Scozzaro is happy to help
While mortgage lenders jumped on the refinancing bandwagon, leaving the real estate agents to fend for themselves, Frank Scozzaro stayed loyal to the real estate professionals. It swept the nation, it changed the industry, and it put a lot of real estate agents in a bind. It was of course, the great mortgage refinance hurricane that blew on the real estate scene in the late 1990’s, and it attracted the full attention of a huge segment of lending professionals.Years ago, when you bought a house, the real estate agent was the person who did most of the legwork, even organizing and following through with the loan. But, as the mortgage industry got more complex, and the types of loans available multiplied, the better agents, as a way to provide higher quality service to their buyers and sellers, began utilizing the expertise of mortgage lenders to assist more closely in the transaction. The concept worked fine through the 1980’s and into the 1990’s but when mortgage rates dropped and homeowners began running to refinance by the millions, people originating new loans suddenly weren’t the lender’s priority.
“I suppose it was to be expected, when it comes to money, a lot of people are fickle. They’re going to go where the cherry is easiest to pick,” says Frank Scozzaro of RLCA, INC.. “I decided to stay close to all those agents who had helped me with referrals of someone needing money to buy a house.” Now that the refinance flurry has cooled, as mortgage lenders go back to real estate agents, they’re finding Frank Scozzaro has made significant marketing strides in their absence. “I think loyalty is a lot of the reason agents trust me with their financing, but I think the reason they contact me in the first place is because I really do try to give their buyers the attention they need,” Frank Scozzaro says.
Frank Scozzaro is happy to help an agent 24/7, and often does, spending many weekend afternoons on the phone, pre-qualifying home shoppers, often as they’re in the agent’s car looking at properties. Frank Scozzaro also works hard to get agents’ buyers pre-approved, a more involved process than the pre-qualification step, one that assures they’ll get the financing they need. “I’m doing more pre-approvals today because agents are discovering that once I have their buyers approved for the financing, they can relax and actually enjoy the home shopping experience,” says Frank Scozzaro.
Offering a complete financial service, Frank Scozzaro helps prepare the complex loan applications, does the submission and follow-up and basically babysits the loan through to closing which leaves busy agents to do what they do best - sell real estate.
Frank Scozzaro offers agents and their buyers a full line of mortgage products and services
- 48 Hour Pre-Approvals
- Credit Reports
- First Time Buyer On-Site Counseling
- Construction Loans
- Relocation Client Financing
- Buyer and Seller Referrals & Leads
- Hard to Get Loans
- Problem Credit Loans
- Self-Employed Loans
- One-On-One Financial Training
- Rate Comparison Service
Call Frank Scozzaro at 262-308-2667 or email Frank Scozzaro at fscozzaro@rlca.com
Click here to find out more about Frank Scozzaro on www.virtograph.org
March 6th, 2008 - Posted in Frank Scozzaro | | 1 Comments
Frank Scozzaro: Mortgage
Frank Scozzaro: “Is your mortgage keeping you from selling your house? Our changing real estate market has left many home owners in a very precarious position. With interest rates rising and property taxes skyrocketing, many feel trapped in homes with a mortgage that no longer is a viable option.”You are not alone. If you or someone you know is in this situation, know that there are options. One such option is called a short sale. If the market value of your property is less than what you owe on your mortgage, you might qualify for a legal, lender-approved solution known as a short sale. In a short sale, a bank or lending institution accepts a sale on property for less than what is owed on the mortgage balance. Frank Scozzaro specializes in negotiating such transactions and welcomes the opportunity to work with you.
The real estate industry and our economy as a whole are constantly changing. It is Frank Scozzaro’s job and commitment to stay current on ways to ensure the rights and interests of his customers are protected. If you have questions about this or any other real estate-related topic, please know Frank Scozzaro is here to help. Call Frank Scozzaro any time!
Frank Scozzaro
RLCA, INC.
262-308-2667
Click here to find out more about Frank Scozzaro on www.virtograph.org
March 4th, 2008 - Posted in Frank Scozzaro | | 1 Comments
Frank Scozzaro: Refinance
Frank Scozzaro: “Should I or shouldn’t I? Like many people, there’s a good chance you’ve put some thought into refinancing your home over the years. Many people think about it but few act on it–primarily because they simply don’t have answers to the question of whether it’s the “right” thing to do.”
Here are several things to keep in mind when deciding whether to refinance your home (by Frank Scozzaro):
First, even a small rate cut can pay off quickly! That’s because many mortgage companies are willing to waive routine refinancing charges such as application, appraisal and legal fees (which can add up to $3,000). In exchange for low or no upfront costs, however, you’ll need to be willing to accept a rate that’s somewhat higher than the prevailing rock bottom, informs Frank Scozzaro.
That said, if you are planning to stay in your home for at least three to five more years, it might make sense to pay “points” (one point equals 1% of the loan amount) and closing costs to get the lowest available rate. You can avoid laying out cash and still get a low rate by adding the points and closing costs to your new mortgage. Does that mean taking on a lot of extra debt?
Not necessarily.
Frank Scozzaro: “If you’ve had your current mortgage for at least three years, you’ve probably reduced your balance by several thousand dollars. You might be able to tack your closing costs onto your new loan and still end up with a mortgage that’s smaller than your original one–plus a lower rate and monthly payment.”
Ready to refinance? Call Frank Scozzaro today at 262-308-2667 to discuss the options! Frank Scozzaro would be happy to help in any way he can!
CALL FRANK SCOZZARO TODAY FOR A FREE:
• Financial Analysis
• Mortgage Calculator
• Real Estate Resources
• Re-Financing Options
• Mortgage How-Tos
• Current Rates & More!
Click here to find out more about Frank Scozzaro on www.virtograph.org
February 26th, 2008 - Posted in Frank Scozzaro | | 0 Comments
