When It Comes to Mortgage Loans, We Are NOT #1

I’ve read a couple interesting blogs lately regarding the claims of certain businesses being “#1”. It seems the cat is out of the bag on this old trick and people are ticked. Since the general public doesn’t consider having the most Twitter followers or Facebook Fans a legitimate reason to claim ownership of the coveted “#1” status it raises an interesting question: “Number one in what?” Such claims should be accompanied by an asterisk if you ask me.

Being #1 used to mean something. It meant you had experience. It meant you were dependable and reliable. It meant there were an awful lot of people that trusted you to handle their business and it most importantly meant peace of mind to those doing business with you.

I believe being #1 still speaks that same language. But how do you know who is number one?

When it comes to mortgage loans closed in Maricopa County, we are NOT number one – Bank of America is. We are NOT number two – Wells Fargo is. We are in fact, number three. Academy Mortgage Corp., Maricopa County’s largest privately held bank and a relatively new presence in the valley of the sun, has managed to squeeze out its closest competitors by millions of dollars in volume. In fact, you may be surprised to hear banks like Metlife Home Loans, Nova Financial, On Q Financial, Suburban Mortgage, Amerifirst, Imortgage, Prospect Mortgage and People’s Mortgage have all been chasing our coat tails since the addition of two new Academy branches within the past year.

In addition, when I make claims of having the #1 team in AZ in 2009, that’s exactly what I mean. In 2009, my team closed more FHA/VA mortgage loans (Over 120 Million) than any other team in Arizona.

Numbers aren’t everything but when a bank rises in less than a year to compete with Bank of America and Wells Fargo, they must be doing something right. Here’s what our customers think “it” is:

• 10 Day Closings – Yes it’s possible and there’s no catch
• In house underwriting, doc drawing and funding
• Debt to income ratios approved up to 56.99%
• 2 Day Turn Time on FHA Appraisals
• Fully underwritten approvals for builder partners
• Free Courier Service to Clients
• Free credit monitoring for life

If you’re the skeptic you’ve been programmed to be, please email me. I’ll be happy to send the cold, hard evidence you rightfully want to see.