Co-Brand Options

Working Together to Empower Dreams Empower Dreams

FLYERS CO-BRANDED OPTIONS

Need a Stand-Out Offer for Your Buyers?

Bell Bank Mortgage is offering six-month rent back agreements.

This agreement between the seller and buyer allows the seller to continue living in the home (while paying rent to the buyer) up to six months after closing.

For sellers who need more time to find – or move into – their new home, this agreement could be just what your buyers need to make their offer stand out from the rest!

Not eligible on certain transactions. Terms and conditions apply. Talk to your loan officer for more details.

Let’s connect to see if a six-month rent back could help your clients!

How Assets Can Help You Qualify for a Mortgage

Active income is not the only way to qualify for a home loan. If you have assets, such as money in your bank account, retirement accounts, stocks, and bonds, you may qualify for a mortgage.

Using asset dissipation - also known as asset-based lending - you may even qualify for a long-term fixed-rate mortgage.

To figure out what your assets equal in qualifying income:

If you ' re over age 59 1/2, take 80 percent of your total assets and divide that number by 180

If you ' re under age 59 1/2, take 70 percent of your total assets and divide that number by 180

For Example:

If you ' re 60 years old, you would take 80 percent of that $1 million, so $800,000, and divide it by 180 months to get a "qualifying monthly income" of $4,445

If you ' re 50 years old, you would take 70 percent of that $1 million, so $700,000, and divide it by 180 months to get a "qualifying monthly income" of $3,889

Even if you're retired, you can still qualify for a mortgage, and your nest egg can help you do it!

Delayed Financing

Are you paying cash to make your purchase offer more attractive?

I’d love the opportunity to talk to you about delayed financing This strategy allows you to purchase a property with cash and then take out a loan to get your cash back.

With delayed financing, borrowers do not have to tie up their funds in the property.

At Bell Bank Mortgage, we offer delayed financing immediately after closing (so you don’t have to wait 6 months!)

Qualifications

• The cash out mortgage must close within six months of the original cash purchase

• The property, including title, survey and appraisal, must meet our guidelines

• The borrower must have qualifying income and credit

• The property cannot be listed for sale

• Cash used to purchase cannot have been a gift or be a loan secured by the subject property

* Additional requirements may apply. Contact me to learn more.

Call

me to find out how I can help you with delayed financing!

... for medical physicians, dentist and even residents.

Here's

NO

Mortgage

FHA Appraisal Inspection Requirements

An FHA loan can be the perfect solution for many borrowers, but there are several items that need to be avoided or repaired in order for a home to qualify for an FHA mortgage. These issues, primarily safety concerns, are among the most common*:

Chipping and peeling paint

If the home was built before 1978, chipping or peeling paint must be removed and corrected This includes siding, window sills, trim, soffits, fascia, and any painted trim on the property – such as on outbuildings, sheds or play sets For any age dwelling, all defective paint that exposes the subsurface to the elements must be repaired

Utilities not in working order

Water, electricity, etc will be validated by appraiser

Negative grade (dirt sloping towards the home rather than away)

Dirt must slope away from the house around the foundation, with proper grade, to avoid water intrusion

Vertical cracks in foundation walls

Structural inspection may be required.

Shortage of smoke detectors

Existing city code requirements must be met

Broken windows

Windows must be functional

Appliances not in working order

Missing flooring

Nonfunctioning bathrooms

Faulty railings on stairs

Railings that are deemed inadequate (missing or unsafe) by the appraiser must be repaired or replaced

Unsafe decks

Missing rails, rotting boards or other problems must be modified appropriately Patio doors without decks must be permanently secured

Wet basement

Roof with curling shingles

Well and septic issues

Well and septic system must meet distance requirements and certification standards. Any bad odors, pooling on the soil or spongy ground around the septic will need to be addressed

Attic must be accessible for the appraiser to inspect it.

Exposed wiring

Trade Someday for Today

Say YES to Your First Home!

We’re here to simplify the home-buying process, educate you every step of the way and show you options for getting into a home with a low down payment and competitive interest rates.

Your Journey Home

Meet with a Loan Officer

Discuss financial goals such as a comfortable payment range, assets you have set aside for the purchase, and type of home you are looking for (i e townhouse, condo, single-family dwelling)

Get Pre-Approved

Apply on your loan officer’s website, and we will gather your credit information and all relevant financial documents from you to determine the best loan program options.

Go Shopping

Tour homes that fit what you ’ re looking for and make an offer with your realtor Contact your loan officer for payment information on specific properties while you shop

When Your Offer Is Accepted

Lock in your interest rate, sign disclosure documents sent to you and submit updated documents for final loan approval

Close on Your Dream Home!

Review Closing Disclosure (CD), funds needed, and documentation to bring to close. On closing day, you will sign the final documents with the title company and receive keys to your new home!

Trade Someday for Today

Say YES to Your First Home!

Working as a team throughout the mortgage process, your Bell Bank Mortgage loan officer will be in constant communication with you about application stages and documentation requirements The next weeks and months can present a lot to keep track of, so we ’ ve prepared this home-buying timeline to keep you on track and in-the-know throughout the process.

First Steps

Develop a personal checklist, including: Features you ’ re looking for

Locations

Budget

Personal goals

Submit your application, and get preapproved

Do not apply for any other credit or make any significant purchases on credit. You don’t want your credit checked unnecessarily, as it could negatively impact your credit score.

Choose your realtor, and begin your home search.

When You’ve Found a Home You Love

Make an offer on the best house for you

After your offer is accepted, we’ll update your financial documents and you’ll receive a Loan Estimate (LE) package Choose a home inspector, and schedule an inspection immediately

Call a moving company to make arrangements, if you ’ re using one.

Once Your Closing Date is Set

Start packing – it’s really happening! Arrange homeowners insurance, and have your agent contact us We need to have this information at least 14 days prior to closing

One Week Before Closing

File address changes with financial institutions, creditors, doctors, insurance, post office, friends and family

Schedule the utilities for your new home to be transferred into your name. You will receive a preliminary Closing Disclosure (CD) by mail 3-4 days prior to closing. Revisions may apply.

24-48 Hours Before Closing

We will verify any final mortgage details with you including your cash-to-close funds. Typically, these will need to be wired; your loan officer will let you know if other forms of payment are accepted

Your realtor will arrange a walkthrough of your new home

Closing Day

Sign final loan documents, and get the keys to your new home File homestead classification as soon as possible, but no later than December 1 with your county

Trade Someday for Today Say YES to Your First Home!

Our goal is to give you a seamless loan process with as few obstacles as possible Keeping these suggestions in mind will help keep your home-buying experience stress-free.

Ensuring a Successful Mortgage Experience

Please avoid any of the following:

Changing jobs, becoming self-employed or quitting your job

Spending money you have set aside for your home purchase

Purchasing or leasing a new automobile

Purchasing furniture, electronics, appliances or other costly items

Opening new bank accounts

Transferring funds between accounts.

Making large deposits without first consulting with your loan officer. Any significant deposits outside of payroll will need to be documented

Missing payments, letting credit card balance grow or letting your accounts fall behind

Having your credit report pulled by other creditors

Co-signing any type of loan

Accepting gift funds for the down payment without talking to your loan officer first. (There are special steps for this process )

Keeping information from your Bell Bank Mortgage team that is important to your closing From changes in marital or job status to travel plans before close, being upfront from the start will make the process easier!

Trade someday for today – contact your Bell Bank Mortgage loan officer to learn more about buying your first home.

Bridge the Gap Between Your Current & New Home

If you need to buy before you sell, a bridge home equity line of credit (HELOC) can help you “bridge the gap ” – allowing you to use the equity in your present home as collateral for borrowing money for your new home’s down payment.

5 things to know about bridge HELOCs:

1 2. 3 4. 5

They are secured by your current home

They give you a revolving “line of credit” that remains available to you for a specified time period for a single draw only.

They have an adjustable interest rate that is applied to the outstanding balance

Application and underwriting processes are often faster than those for traditional loans

There are fees associated with opening a bridge HELOC

With Bell’s Bridge HELOC, you do not need to draw the funds you need at the time of closing, but you can wait until you are ready to make the down payment on your new home.

When applying for a bridge HELOC, we generally need:

• Personal financial information about you

• Verification of your income from employment and other sources

• Outstanding balance of your current mortgage

• Estimated value of your home

Don’t let a tight housing market keep you from making an offer on your dream home. Let me show you how a bridge HELOC can help you achieve your homeownership dreams!

FREDDIE MAC BORROWSMART

Program Overview:

As one of the few lenders to offer the Freddie Mac’s BorrowSmart program, Bell Bank Mortgage is here to help you through the process of applying for grants to cover down payments or closing costs Borrowers whose qualifying income is less than or equal to 50% of county area median income (AMI) can receive $2,500 in assistance. Follow these steps to stay organized along the way:

Step-By-Step Process:

Step 1: Complete a phone call with Homeownership Preservation Foundation (HPF).

Your loan officer will connect you with HPF for the call. HPF will gather your information, complete the eligibility certificate and email it to you

Step 2: Email the eligibility certificate to your loan officer.

Step 3: Complete pre-purchase homeownership counseling.

After scheduling a time that works best for you, an HPF housing counselor will call you for your 1-on-1 counseling session (Expect this to take 60 to 90 minutes; only one occupying borrower must participate.)

Your counselor will email the pre-purchase homeownership counseling certificate to you

Step 4: Email the pre-purchase homeownership counseling certificate to your loan officer.

Step 5: Wait for further details from your loan officer.

Home Possible®

Make Home Ownership a Reality with Mortgage Options & Credit Flexibility

The Home Possible® mortgage program features a minimal down payment requirement, as well as innovations that allow for expanded forms of qualifying income. Funds for down payment and closing costs do not have to come directly from the borrower – for example, they might be gifted to you. Whether you ’ re looking for your first home or your next, this program is ideal for borrowers with limited savings.

Program Highlights

• Down payments as low as 3% (These funds, and the closing costs, can be gifted )

• No first-time homebuyer requirement.

• Reduced mortgage insurance requirement, which may be removed.*

• Lender-paid mortgage insurance option may reduce borrower’s monthly payments.

Eligibility

• Income limits and minimum credit score requirements may apply

• One-unit primary residences only for max financing

• Maximum loan amounts may apply

• Free, online homeownership classes

• Private mortgage insurance (PMI) required on down payments less than 20%.

• Options available for multi-unit properties, with minimal down payments available.

• 2-4 unit financing also available for primary residence.

Call me today for more information!

*Restrictions may apply Contact me for full program details

Let's partner to Empower Dreams

Unlocking More Possibilities

Your partnership with Bell means you can count on our experienced professionals throughout every stage of financing, from processing to underwriting and closing. I'm here for you, as a reliable partner, to help your clients avoid fine-print confusion and close on time.

With unique loan programs and services, we offer opportunities for every client's situation.

In-House Portfolio Options*

JUMBO

Doctor & Dentist loans (95 LTV, no MI)

HELOC

Bell Moving Forward Product

- Household income of 80% of area median income or less

- LTV 97.01 to 99.00

Rehab Purchase Program

OTC Jumbo

- Lock date at time of application

- New construction or total tear down

- Flexible draw schedule

- In-house processing and construction lending team

- Max loan size $3M for Jumbo

*Subject to market availability

Contact me today, so we can talk about the opportunity to work together and hand your clients the keys to a future filled with possibilities.

Updated

Turn Your Dreams into Reality

Vacation at Home

Whether you dream of getting cozy in a cabin up north or retreating to a vacation home in a warmer climate, Bell Bank Mortgage can help you get there with second-home financing

At Bell, every step of financing – from processing to underwriting and funding – is handled in-house That means faster answers, fewer headaches and peace of mind – everything you need as you solidify plans for your future oasis.

When you work with me, you can expect: A Lender You Trust Personally Tailored Solutions

Don’t leave your financing to an unfamiliar lender in a new state Work with a local, experienced lender you know and trust I know what it means to deliver exceptional, honest service, and would be honored to guide you home once again

Contact

I’ll work with you to make your dreams a reality, thanks to a wide array of loan programs, including Bell’s exclusive individualized options All the while, you can count on competitive rates and on-time, no-surprise closings

Commitment to You (And Your Mortgage)

Buying a home isn’t a Mondaythrough-Friday affair Know that I’ll be here – from application to closing – to fully explain each step and help you avoid fine-print confusion

Your Homeownership Dreams Are Possible

Program details:

Up to $17,000 in down payment and closing cost assistance loans

Open to first-time and repeat homebuyers

Maximum sale price of $372,600 for first-time homebuyers in the 11-county metro area

Minimum borrower contribution of $1,000

If Your Dream Home Doesn't Exist

Build Your Own MASTERPIECE MASTERPIECE

Are you thinking about building a home, but don't know where to start? Whether you ' re looking at a more standard blueprint, or intend to do a custom build, Bell Bank Mortgage is here to help. Our borrower-financed construction lending program is designed to provide you flexibility and control when building your new home

First Steps: First Steps:

When considering building a new home, what comes first?

Talk to your mortgage lender

about determining how much you can afford, then start making definitive plans.

Evaluate your lifestyle

and plans for the future when identifying your new home's style.

Why Work with Bell: Why Work with Bell:

We're local.

Our entire construction loan process is handled in-house, from application through underwriting and funding, helping ensure a steady and reliable process

We're experienced.

Select a builder

by visiting model homes and inspecting their work

We know the neighborhoods, construction processes, costs, loan options, and builders. Because we want what's best for our clients, we require builders to be approved by our construction department before starting any project.

For decades, we ' ve made the home buying process simple for thousands of families As one of the nation's largest independently owned banks, Bell has all the benefits and capabilities you need, with the personalized service you deserve. with the personalized service you deserve.

Does Your Dream Home

Come With a Pool?

To beat the heat, Bell Bank Mortgage allows you to add pool financing to your mortgage loan. Even existing homes can be upgraded with our simple and straightforward Pool Escrow Program.

Program Details

Upgrade your home with the addition of a pool in one easy step. Bell Bank Mortgage offers financing for pool additions on a wide variety of home types

Product Highlights

Available for purchases and refinances

Available for new construction and existing homes. No additional closing costs

Flexible pool construction schedule.

Eligibility

Minimum 700 credit score required. Conventional conforming loans only

Funds to complete pool construction to be held in escrow. A construction contingency reserve of 10% of the bid amount, or a minimum of $1,000, is required; this can either be financed or paid by the borrower at closing. $60,000 project maximum $5,000 project minimum.

Call

Not available in all markets

Update Your Home Update Your Home and

Roll Remodeling Costs into Your

Mortgage

Step-By-Step Process

If you ' re looking to upgrade your home via repairs or cosmetic updates, a rehab loan from Bell lets you roll the cost of these modifications directly into your home financing. Take that fixer-upper one step closer to an ideal home with our simple and straightforward Rehab Program - available for upgrades to your current home, or to a home you ' re looking to buy.

Program Details

Eligibility of contractor must be confirmed by Bell Bank Mortgage

All repairs must be completed by a single contractor*

The borrower is not permitted to complete any repairs themselves Allowable improvements limited to 75% of future value appraisal or acquisition cost, whichever is less

Eligibility

Primary resident or 2nd home owneroccupied properties only

A contingency reserve of 10% of the bid amount, or a minimum of $1,000, is required; this can either be financed or paid by the borrower at closing 1520% if utilities are inoperable.

Call

Simultaneous work outside the scope of the approved rehab is not allowed

$5,000 project minimum

The home appraisal will be conducted based on the rehab project plans, and an " ascompleted" value will be determined

After a standard loan application process and successful closing, a 365-day period is allotted for the rehab work to be completed

Minimum 700 credit score required Available on conventional, fixed rate loans; maximum loan amount restrictions apply**

Maximum LTV is 95%

Seller Concessions Cheat Sheet:

Seller concessions are closing costs that the seller agreed to pay.

Closing Costs, Prepaid Items, & Discount Points

Closing Costs, Prepaid Items, & Discount Points

Closing Costs, Prepaid Items, & Discount Points

Can Include Debt Payoff

Closing Costs, Prepaid Items, & Discount Points

*Some state and county maximum loan amount restrictions may apply

**When the Veteran has full entitlement

Highlights & Details

CO-BRANDED OPTIONS

POSTCARDS

RENTING VS. BUYING A HOME

If recent housing marketing talk has you concerned owning a home is out of reach — or it’s not the right time to buy, we’re here to set the record straight with 5 ways your dream of homeownership may be more attainable than you think:

Low and even no down payment options may offer the perfect solution for borrowers with limited resources.

Many loan programs include flexible credit score requirements.

A fixed rate mortgage means your principal monthly payment will not increase during your time in the home. (Your mortgage is made up of principal, interest, tax and insurance payments. While your principal and interest won’t change, your tax and insurance payments could.

Building equity through homeownership can lead to an investment return you’d miss out on by renting.

The income tax deductions you’ll be eligible for as a homeowner could mean extra dollars in your pocket. (Check with your tax consultant.)

At Bell, we have a variety of programs that would work with you to make homeownership possible and, in many cases, can make your monthly mortgage payments cheaper than what you’re currently paying in rent. Owning a home can be an important step on the path to financial freedom.

Here are some of the mortgage programs Bell offers:

• Conventional

• First-time homebuyer

• Bell Moving Forward

• One-time-close new construction loans

• Veteran Affairs (VA) Loans

• Adjustable-rate mortgage (ARM)

• Federal Housing Administration (FHA) Loans

• Down Payment Assistance

Subject to credit approval. Income restrictions may apply based on property location. Not available in all markets.

Let’s chat!

LO Name

Title

NMLS: #123456

Cell: 555.555.5555

email@bell.bank

website.com

Realtor Name

Realtor

Company Name

Phone: 555.555.5555

email@email.com

website.com

bellbankmortgage.com

8349 W. Bell Rd

Peoria, AZ 85382

We can help you find and finance the

HOME OF YOUR DREAMS!

Are you thinking of selling your house or would you like to buy a new house? Opportunities are all around you, Let's connect right now!

Free CMA to find the current market value of your home. Solutions to help you move up to your next home, Bridge loans, recasting your current loan & more.

Someone Just Listed Down the Block

They did it and you can too, with trusted help Upgrade, relocate, whatever your next goal is as a homeowner we can help you get there. At Bell Bank Mortgage we handle your loan in-house from beginning to end.

Reach out and tell us about your goals.

Title

NMLS #0000000

Phone: 000.000.0000

Email: flastname@bell.bank

firstlastname.com

Firstname Lastname

Title

NMLS #0000000

Phone: 000.000.0000

Email: flastname@bell.bank

firstlastname.com

Logo

2689 Commerce Dr NW, Rochester, MN 55901

bellbankmortgage.com

Firstname Lastname

Headshot

Headshot

AREYOUDREAMINGBIGIN2023?

VACATION PROPERTY

HOME REMODELING

NEW HOME

Name

Title

NMLS:012345

Phone123.456.7890

name@bell.bank bellbankmortgage.com

56.7890

Inthecomingyear...

...mightseeyoumovingintoanewspace, building,downsizing,buyingavacationhome orturningafixer-upperintoaforeverhome…. CountonBelltohelpyoumakeithappen.

Let’stalktodayaboutthespecialloanprograms Bellhastooffer.Let’sgetitdone–ontime, withnosurprises!

AREYOUDREAMINGBIGIN2023?

VACATION PROPERTY

HOME REMODELING NEW HOME

Name

Title

NMLS:012345

Phone123.456.7890

name@bell.bank bellbankmortgage.com

6.7890

Inthecomingyear...

...mightseeyoumovingintoanewspace, building,downsizing,buyingavacationhome orturningafixer-upperintoaforeverhome…. CountonBelltohelpyoumakeithappen.

Let’stalktodayaboutthespecialloanprograms Bellhastooffer.Let’sgetitdone–ontime, withnosurprises!

CO-BRANDED OPTIONS

SPANISH VERSIONS

Diga SI a su Primer Hogar

Estamos aquí para simplificar el proceso de comprar una casa, educarlos en cada paso, y presentarle las diferentes opciones de obtener un hogar con un pago inicial bajo y tasas de interés competitivas

Su camino a casa

Consulte un oficial de prestamos

Hablar sobre metas financieras para encontrar un pago cómodo, los bienes preparados para su compra, y el tipo de hogar que busca (ex: casa adosada, condominio, vivienda unifamiliar).

Obtenga su pre-aprobacion

Aplique en el sitio web de su prestamista, y nosotros obtendremos su crédito junto con los documentos financieros que sean necesarios para determinar las mejores opciones y programas para usted.

Vaya de compras

Recorra casas que sean su estilo y metan una oferta con su agente inmobiliaria. Contacte a su prestamista durante sus recorridas para información sobre los pagos de las propiedades especificas.

Cuando su oferta sea aceptada

Fijar su tasa de interés, firme sus documentos de divulgación, y envié sus documentos actualizados para obtener su aprobación final del préstamo.

Cierre en la casa de sus suenos

Revise su divulgación de cierre, Fondos necesarios, y documentación para llevar al cierre. El día de cierre, firmara los documentos finales con la compañía de titulo y recibirá la llaves de su nuevo hogar!

Cambia algún día por el día de hoy

Diga SI a su Primer Hogar

Su prestamista estará trabajando con usted como un equipo durante su proceso hipotecario. El/ ella estará comunicando cada paso y pidiendo los documentos necesarios. Las próximas semanas pueden presentar mucho que acordar, por cual la cronología presentada le ayudara seguir el proceso.

Primeros Pasos

Crea una lista de verificación personal características que busca

Lugares preferidos presupuesto

metas personales

Entregue su solicitud, y sea prea probado

No solicite ningún otro crédito , ni realize compras importantes a crédito. Verificando su crédito innecesariamente puedo impactar su puntuaje negativamente.

Escoja un agente de bienes raíces y empieze su búsqueda de hogar

Cuando encuentre la casa que ama

Haga una oferta en la casa major para usted

Después que su oferta sea aceptada, actualizaremos sus documentos financieros y usted recibirá su presupuesto de préstamo

Elija un inspector de viviendas y programe una inspección de inmediato.

llame y prepare una empresa de mudanzas, si tienes planes de usar una

Una vez que se establece su fecha de cierre

Empieze a empacar – realmente esta sucediendo!

Obtenga seguro de vivienda. Su agente de seguro puede contactarnos por que necesitaremos los detalles a lo menos 14 días antes del cierre.

Una semana antes del cierre

Registre cambio de domicilio con sus instituciones financieras, acreedores, doctoras, seguros, oficina de correos, amigos, y familia. prepare la transferencia de sus utilidades a su nueva propiedad bajo su nombre

Recibirá una divulgación de cierre preliminar 3 o 4 días antes del cierre. Revisiones pueden aplicar

24 a 48 horas antes del cierre

Los detalles finales de la hipoteca serán verificados, incluyendo los fondos requeridos al cierre. Típicamente el dinero es transferido electrónicamente; puede haber otras formas de pago dependiendo en la compañía de titulo. Su agente inmobiliaria organizara el recorrido final de su nuevo hogar.

Dia De Cierre

Firmara los documentos finales, y se le entregaran la llaves de su nuevo hogar

Presentar la clasificación de vivienda familiar tan pronto como sea posible, pero a más tardar el 1 de diciembre en su condado.

algún día por el día de hoy

Cambia algún día por el día de hoy

Diga SI a su Primer Hogar

Nuestra meta es hacer su proceso lo mas fácil posible. Acordando estas sugerencias ayudara la experiencia de comprar un hogar sin estrés.

Asegurando una Experiencia Hipotecaria Exitosa

Por favor de evitar lo siguiente

Cambio de trabajo, renunciar su trabajo, o convertirse en trabajador por su propia cuenta

Gastando dinero que fue ahorrado para la compra de su casa

Compra o arrendamiento de un nuevo automóviles compra de muebles, electrónicas, accesorios o otros artículos costosos

Abrir nuevas cuentas banquearías

Transferir fondos entre cuentas

Haciendo grandes depósitos sin primero consultar a su prestamista. Cualquier deposito significativo fuera de la nomina, tendrá que ser documentado.

Faltando pagos, aumento de saldo en su tarjeta de crédito, o dejando que sus cuentas se atrasen

Evite que le revisen su crédito consignar qual quier tipo de préstamo

Aceptando fondos como regalo para sup ago inicial sin primero consultar a su prestamista. (este proceso tiene medidas especiales)

Esconder o retener información importante que pueda afectar su préstamo. Siendo completamente sincero y transparenté en todo ara el proceso mas fácil.

Cambia algún día por el día de hoy – Comuníquese con su prestamista de Bell Bank Mortgage y aprenda mas sobre como comprar su primer hogar.