No Doc? No Problem. At Magenta, we know there are many reasons why clients might look for an equity-based mortgage product. For some, unexpected challenges may have left a mark on their credit or a...
Brokers
3 Underwriter’s Tips for Getting That Deal Done Faster
You’ve met with your client. You’ve done a thorough job of asking open-ended questions, probing for explanations, and understanding any unique challenges of their situation. You write up the deal,...
Knock, Knock? No Doc!
At Magenta, we know there are many reasons why clients might require equity-based mortgage products. For some, unexpected challenges such as the COVID-19 pandemic may have left a mark on their...
Five Discussions to Have With Your Clients
As a new Mortgage Agent, there is a lot of information to take in, including processes and regulations. Learning how to conduct a thorough client interview and submit an application in good order is...
Three Tips for Packaging Your Deals
Are you doing all that you can to package your deal for success? Making your deal ‘lender-friendly’ is the easiest and quickest way to get approval. Here’s three tips for packaging your deals, and...
Talking to Your Client About Damaged Credit
Buying a home can feel like a scary process for some. In all the hustle and bustle of the housing market, brokers need to remember to take a step back and empathize with their clients. This means...
Staying Top of Mind with Clients
An agent or broker like yourself is the bridge between clients and lenders. That is both a rewarding and time-consuming position to be in whether you're using your customer service skills or...
Magenta Answers Broker Questions About B20
The new B20 guidelines are set to come into effect on January 1, 2018. It is essential for Mortgage Brokers to understand lenders and their niches, and what impact these changes will have. ...
Top 4 Tips for Mortgage Brokers to Effectively Package Deals
You create solutions for your clients by addressing their unique circumstances. The process of packaging the deal is ultimately communicating your client's story and the proposed solution to the...