Happy Friday, everyone! Another successful week of hard work means a special #PetsofWCM round up for your feed 🐾 Meet Titus, Remy, Elvis and Benji!
CLOSING/POST CLOSING SPOTLIGHT: As soon as the underwriter approves your loan, it's handed off to the Mortgage Closer. The Mortgage Closer prepares loan closing packages, communicates with all parties involved in the transaction, and ensures that all paperwork is complete, accurate, and in compliance with regulations. The Mortgage Post Closer assists by reviewing loan documents, obtaining missing information, preparing files, and so much more. These two play a key role in pushing your loan over the finish line. Thank you, Closers and Post Closers! #NationalMortgageProfessionalMonth
PSA: The job search just got a whole lot more fun! 👍
JoinWyndham.com has a new look, complete with:
• A message from our CEO, Jeff Douglas.
• Real employee stories and testimonials.
• Our impressive industry stats.
• A deep dive into what it means to be a Fintech Mortgage Lender.
• In-depth explanations and insight on all four of the Fintech Mortgage Lender pillars: Intelligent Automation, Deep Data Utilization, Perpetual Marking Operation System and Corporate Culture.
• A peek inside our thriving company culture.
• And what all of this could mean for your career and future!
Our new career site is primed to be the go-to for anyone interested in learning more about the future of mortgage lending. Head to joinwyndham.com to explore all Wyndham Capital Mortgage has to offer!
We’re thrilled to announce the launch of our new and improved career site: joinwyndham.com!
Our goal was to provide an inside look into the thriving company culture, talented people, and best-in-class technology that make up Wyndham Capital Mortgage.
Discover the new site and the Wyndham Capital difference on the blog now: http://ow.ly/EwRz50Bzazm
On this #NationalVoterRegistrationDay, Wyndham Capital encourages you to exercise your freedom and right to cast a ballot in the November Election. We owe it to our country, ourselves, and generations to come for each voice to be heard. Register to vote in your state today!
Buying an investment property before a first home - is it a good idea? Learn about the risks and the rewards, and how they align with your long term goals on the blog now: http://ow.ly/iCBX50By2nZ
Comparing loans can be daunting...which is why we're here to take the stress out of the process! ✨⠀
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In this week's #WyndhamWisdom, we're shining a light on annual percentage rates or APRs. When looking at the different types of loans, it's important to not only look at the interest rates, but also the different APRs to gain a better understanding of the annual cost of the loan. Many lenders include overlooked closing, packaging or service fees in their APRs. At WCM, we pride ourselves on our transparency and our low-cost process. Thanks to our technology and robotics, we're able to eliminate many fees and pass the savings along to you.
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Speak to one of our mortgage professionals who will provide options, advice and answers all your questions so you can make the best choice at wyndhamcapital.com.
So you want (or need) to buy a second home and rent the first. Who says you can’t have your cake and eat it too? Buying a second home and treating the first as an investment property holds financial benefits like extra income and tax breaks while giving you the option to reclaim it as your primary home later down the road.
Learn the right steps to take towards buying a second home and renting your first on the blog now: http://ow.ly/M4Vb50BRjHu
“I don't think there's another company out there that invests as much into human capital as Wyndham. Wyndham Capital consistently looks for ways to increase employee engagement and really make it a place that you want to work at, and you enjoy, and look forward to seeing your coworkers."
Check out our interview with Sales Manager Justin Smith in our latest #WhyISwitched video series. He took us through his mortgage industry journey, from starting his career at Wyndham Capital, to exploring new opportunities, to why he decided to come back to where he started, six years later.
Hear Justin's story and discover what it's like to work for WCM at JoinWyndham.com.
#WYNDHAMWISDOM 💡 When choosing a home loan, you'll eventually come across the two types of mortgages: fixed rate and adjustable rate. As you can see, the main difference between the two is how the interest rate fluctuates during the life of the loan.
While the marketplace offers plenty of variety between the two types, the first step when shopping for a mortgage is determining which of the two main loan types best suits your current needs and future goals. Let a Wyndham Capital professional guide you in the right direction at wyndhamcapital.com.
Thinking about buying a second home? 🏘️ There are many significant factors that can be easily overlooked when purchasing a home that you should be aware of before you begin the process. Head to the blog now to determine if buying a second home is the right move for you: http://ow.ly/84pL50BKQyc
With 2020 ushering in some of the lowest mortgage refinance rates in history, it’s not uncommon to hear the question: “how soon can you refinance a mortgage?”
HINT: You may be surprised by the answer!
Find out if you’re ready for the next chapter in your home loan journey on the blog today: https://www.wyndhamcapital.com/blog/how-soon-can-you-refinance-a-mortgage?hs_preview=MRBJIEUv-35503057016
WYNDHAMCAPITAL.COM
How Soon Can You Refinance a Mortgage?
"When everyone has their own role, things just go smoother. Our loans close faster, the communication is more effective, and I think borrowers just feel at ease with our confidence in the process."
Check out our interview with Loan Officer Candace Tabb - Wyndham Capital Mortgage in our latest #WhyISwitched video series. After she switched, Candace found that Wyndham Capital's loan process took the menial, administrative tasks off her plate, which gave her more time and opportunity to grow her business.
Hear Candace's story and discover how WCM can set you up for success at JoinWyndham.com.
With so much buzz around down payment requirements for purchasing your first home, it's easy to assume you'll need one to buy a second home, too.
Truth be told, there are a few suggestions on how to buy a second home with no down payment saved up. Learn about your options on the blog now: http://ow.ly/kmUo50C4dbn
ICYMI: As of this writing, 30-year mortgage rates have reached a record-breaking rate of 2.8%, while 15-year mortgage rates dropped to 2.33%.
Read more on what this could mean for home buyers and refinancing on the blog now: http://ow.ly/TqNT50C1bNL
MORTGAGE NEWS: As of this writing, 30-year mortgage rates have reached a record-breaking rate of 2.8%, while 15-year mortgage rates dropped to 2.33%. When asked about this record-breaking rate drop, Freddie Mac’s chief economist Sam Khater stated: “Mortgage rates remain very low, providing homeowners who have not already taken advantage of this environment ample opportunity to do so.”
Read more on what this could mean for home buyers and refinancing on the blog now: http://ow.ly/v8u950C17zi
WYNDHAMCAPITAL.COM
Mortgage News - October 23, 2020: Mortgage Rates Hit Another Record Low
In this week's #WyndhamWisdom, we're highlighting debt-to-income (DTI) ratio. Whether you've bought a home or plan on buying a home, this is a very important term to learn. Your DTI ratio is taken into consideration by your lender and helps determine a mortgage you can afford.
In short, this number determines what percentage of your income is needed to cover debts like car payments, credit cards and other loans. The industry norm is to advise that your DTI should not exceed 41% of your monthly gross income.
You're ready to cash in on your home's equity, and you're faced with the dilemma of choosing between a home equity loan vs. refinance. How do you know which is best for you? Luckily, you've got us!
On the blog today, we're breaking down the differences between a home equity loan vs. a refinance to make your decision a walk in the park: http://ow.ly/dl1N50BXz8X
This year, back-to-school looks a little different than normal. Students are learning remotely, and for some, that means no access to the school supplies they desperately need.
Wyndham Capital Mortgage saw an opportunity to help change that. Working with Classroom Central, we helped their Backpacks & Basics campaign reach its 100% goal. Here is that story.
This year, we are filled with gratitude for each and every WCM team member, their families and the chance to help our customers' homeowner dreams come true. #HappyThanksgiving from our table to yours!
WE’RE HIRING! Calling all recent grads and sales rockstars looking for the next step in their career – we’re looking for YOU to join our next Mortgage Associate Training Program starting January 18th, 2021!
MEET & GREET: Learn more about the MA program and meet some of our sales leaders when you register to join our LIVE WEBINAR on December 1st! Register now at the following link: http://ow.ly/GHVf50CtwoK
Ready to start your success story? Head to JoinWyndham.com to learn more and apply today: http://ow.ly/982S50Ctwql
"What really attracted me to Wyndham Capital when I was making my career change was their investment in technology and seeing how they were really changing the game in the Fintech world."
Check out our interview with Senior Mortgage Consultant Dylan Kirby - Wyndham Capital Mortgage in our latest #SetUpForSuccess video series. Dylan explains how WCM's automated email technology and Customer Experience Team have helped lead him to a successful career at Wyndham Capital.
Hear Dylan's story and discover how WCM can set you up for success at JoinWyndham.com.
Thanks to the current mortgage rates trend, the allure of cashing out on your home’s equity or shortening your loan term are reason enough to take advantage of current refinance mortgage rates, but at what cost?
Today on the blog, we discuss one of the most frequently asked mortgage questions: What factors influence the cost to refinance? Read more: http://ow.ly/a2IG50CpzSB
We like to say our +1 customer service is award-winning, and our customers agree - we are honored to have been named a LendingTree Top Rated in Customer Satisfaction organization for the 9th consecutive quarter!
We have now earned this recognition 15 of the last 16 quarters, and look forward to maintaining that level of service in the future.
WYNDHAM WISDOM: If you’ve never bought a home before, or if it’s been a while since you’ve bought a home and want to brush up on the latest regulations, you’ll want to learn the ins and outs of your home loan estimate. One of those key points will be escrow - here is where you’ll be informed whether a lender will collect a percentage of your monthly homeowner’s insurance premium and yearly property taxes as well as your loan payment. If so, that amount will be collected in either an impound or escrow account until the expenses need to be paid.
Our goal is to make the mortgage process easy. Ready to take the first step with Wyndham Capital? Check out the link in our bio and contact one of our mortgage professionals today!
When it comes to the mortgage application process, you can never be too prepared. Having the proper items prepared – such as employment verification, tax returns and your credit history – can make the process run smooth.
https://www.wyndhamcapital.com/blog/this-is-what-you-need-to-prepare-for-a-mortgage-application
WYNDHAM WISDOM: Don’t fret if you see private mortgage insurance show up in your monthly payment. Such policies are common for borrowers who may be considered credit risks and/or those who don’t put down a sizable down payment on their homes. First-time homebuyers or homebuyers with less than 20 percent down can expect to pay, but when you have accumulated 20 percent of your home's value as equity, your lender may waive the private mortgage insurance at your request.
It ensures to the lender that even if you aren’t able to make payments, they’ll be able to cover the costs.
We know the mortgage process isn’t necessarily enjoyable. But we take pride in ensuring your experience is as efficient and easy as possible. But don’t ask us – we’ve got more than 6,000 5-star reviews on LendingTree to back that up.
