Power of Positivity in Our New Normal

Power of Positivity in our New Normal.

Hosted by: Victor Ciardelli, President & CEO Nik Athanasiou – COO Thursday, April 23 rd

MARKET UPDATE

Mortgage rates remain historically low. + Rates reached an all-time low in March, and remain near historic lows

+ Low rates = greater affordability for home buyers

+ Despite the economic impact of COVID-19, analysts predict we will bounce back to a healthy housing market this year and next year

The COVID-19 pandemic has affected so many areas of our lives and is challenging for all. We want to help you by offering mortgage solutions that enable a safe and healthy path to homeownership.

ECONOMY

The job market impact on homebuying. + 22 million Americans have filed for unemployment benefits in the last four weeks.

+ Borrowers should be prepared to provide verification of employment and disclose changes in income/employment.

+ Borrowers considering forbearance should contact their mortgage servicer for details.

Digital Mortgage Takes less than 15 minutes.

Best Online Mortgage Lender

+ Clients can price their own loan, select their preferred product and complete the loan application at Rate.com. + The Digital Mortgage generates recommended loan options with real-time rates, automatically pulls their credit and runs AUS so they can be preapproved in minutes. + Clients instantly receive credit scores from three bureaus and a real-time approval letter.

Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing.

Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply.

Transfersafe

+ Clients can upload their documents from their computers or phones, and everything

A secure document portal that’s friendly and easy to use.

+ The personalized to-do list guides next steps and necessary loan conditions.

is collected in one safe, easy-to-access place.

+ Identifying and requesting additional docs from the client is quick and efficient.

Automation Tools Automated Underwriting, Data Verification & Validation

AccountChek

The WorkNumber

AutoApp & e-Sign

LoanBeam

Automated bank statement gathering and updating make asset verification as easy as possible.

Automated income integration eliminates the need to collect paystubs and W-2s.

Automated disclosures facilitate faster delivery and document signatures.

Automated tax return and income calculations, as well as identification of missing data, save hours.

APPRAISALS

Alternative valuation options enable social distancing. +

Appraisal Waivers: PIW/ACE means no appraisal required!

+

Desktop Appraisals: Appraisers can find and use any images of the home found digitally on record. Eligible for all purchase transactions.

+

Exterior-Only: “Drive-by� option which means no attempt to obtain interior photos.

Applicant subject to eligibility requirements. Restrictions will apply.

FLASHCLOSE

Saves time and lets clients close from their own home.

FlashCloseâ„ Hybrid

FlashCloseâ„ eClose

Allows borrowers to review and e-sign most documents ahead of time, shortening the closing.

The borrower can complete the closing entirely online.

The remaining documents are notarized in-person.

MORE INFO

Not eligible for all loan types or investors. Conventional loans only. Eligible for primary, 2nd home and investment properties. Restrictions may apply.

All documents are eSigned and the notarization is completed via secured webcam with licensed, remote notary.

MORE INFO

Full eClose is not currently eligible in Alaska, Arkansas, California, Connecticut, Delaware, Georgia, Hawaii, Louisiana, Massachusetts, North Carolina, Oregon, Rhode Island, South Carolina, West Virginia and Wyoming.

AGENT PARTNER ADVANTAGE PROGRAM

We can help you close more deals. +

+

True partnership with over 30 individual products/programs to support you ▪

Helping you look good

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Helping you grow your business

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True partnership with over 30 individual products/programs to support you

Click to find a Guaranteed Rate loan officer near you for more info

POWER OF POSITIVITY

Your resources for the uplifting and the inspirational +

+

Click to visit Rate.com/Positivity ▪

Books

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Movies

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TV

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Podcasts

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Nutrition

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Health & Wellness

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Daily Positivity

Click to follow us on Instagram: @gratehappiness

Thank you.

Direct additional questions to GRC@rate.com

nmlsconsumeraccess.org FOR AGENT USE ONLY — Not for public dissemination. May not be distributed, reprinted or shown to the public in oral, written or electronic form as sales material.

NMLS ID #2611 • AZ - Guaranteed Rate, Inc. - 14811 N. Kierland Blvd., Ste. 100, Scottsdale, AZ, 85254 Mortgage Banker License #0907078 • CA - Licensed by the Department of Business Oversight, Division of Corporations under the California Residential Mortgage Lending Act Lic #4130699 • GA - Residential Mortgage Licensee #20973 - 3940 N. Ravenswood Ave., Chicago, IL 60613 • ME - Lic #SLM11302 • MA - Guaranteed Rate, Inc. - Mortgage Lender & Mortgage Broker License MC2611 • MO - Guaranteed Rate Lic # 16-1744-A • MT - Lic# 2611 • NV - Lic #3162 & • OH - Lic #MB.0804160 & Lic #SM.501367 - 3940 N. Ravenswood Ave., Chicago, IL 60613 • OR - Lic #ML-3836 - 3940 N. Ravenswood Ave., Chicago, IL 60613, Licensed under the Oregon Consumer Finance Act • WA - Lic #CL-2611