Consumer Benefits

Realty Plus Mortgage simplifies the mortgage process for Consumers

• Past experience had forced the consumer, after signing a purchase agreement with their real estate broker, to contact a different person for banking needs. This repetitious effort of explaining, faxing and calling the real estate broker and a second person, the mortgage broker, was very time consuming, confusing and cumbersome. Realty Plus Mortgage has simplified this effort for the consumer with our web based business model. Our dual transaction agents (real estate and mortgage brokers) have the ability to complete both the real estate purchase and mortgage transaction under “one roof”. By centralizing all of the buyers' contacts and paperwork in a one-stop-shop location, we are able to simplify the clients overall buying experience.
• What is unique about us is how we divide the mortgage process into “static” and “dynamic” tasks. The “static” tasks represent the duties performed by your "personal" dual transaction agent. The “dynamic” tasks represent the duties performed by a seasoned bank management team from Realty Plus Mortgage. Upon both parties completing their assigned tasks, the entire loan process will have been completed. There is no duplication of duties performed and no additional fees charged to the consumer on their loan.

Why are the duties divided into “static” and “dynamic”

• The “static” duties involve working directly with the consumer. This includes interviewing the consumer, completing the loan application, ordering the appraisal at the appropriate time, consulting with the client about loan options, forwarding your disclosures to sign, gathering needed financial information, staying in touch with the client during the loan process and reviewing their loan documents at closing. This single point of contact, your “trusted” real estate/mortgage broker, screens and monitors the entire loan process on your behalf. They advise and consult with you one-on-one during the process.
• The “dynamic” duties represent the specialized and complex banking functions. This consists of reviewing bank guidelines, structuring loan options, shopping rates, evaluating credit issues, running automated underwriting, preparing good faith estimates and pre-approval letters, coordination between mortgage brokers, processors, management and bank underwriter. These dynamic managers are full time employees of Realty Plus Mortgage with a minimum of 5 years background mortgage brokering experience. Senior staff is located at this main office to oversee and troubleshoot banking issues that may surface on a file.

In Conclusion

• The information you provide your "personal" mortgage broker is transmitted via the internet to Realty Plus Mortgage management, on a secured line for confidentiality purposes. Realty Plus Mortgage management then filters through this data and optimizes the 3 best structured loans available for you, shops rates, etc. Management then transmits this information back to your mortgage broker for their review who then consults with you one-on-one.