Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Web Presentation 3 24 11
1. NEW LENDER—NEW OPTIONS
Adam “Woody” Woodruff
Flagstar Bank Account Executive
Phone: 248.622.4051
Email: Woody.Woodruff@flagstar.com
Greater Cincinnati / Kentucky Areas
2. Contents of presentation
Click below to view what can a new relationship with
Flagstar Bank do for you!
• NEW LENDER—NEW products
• New regulations (reg z)
• Correspondent Conversion
• New ways to market yourself
• new training resources
• Newly improved service levels
• Thank you and contact info
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3. NEW LENDER—NEW products
• Agency Products (to 97% LTV) Click here for a complete list
• Fannie Mae Homepath of product offerings in our
• Renovation Mortgages**
sellers guide
(Homepath & Homestyle)
• GRH Lending**
• Jumbo Also Available at:
• Fannie DU Refi Plus www.wholesale.flagstar.com
• Freddie Mac Relief Products
• FHA (From 600 FICO)***
**Certain products subject to
• VA (Refi to 100% LTV)
restricted availability
***FHA NEW RELEASE (GUIDE TO BE
UPDATED SHORTLY)
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4. New regulations (reg z)
Loan officer compensation
• Flagstar is committed to providing all our customers with the
tools to comply and succeed under the loan originator
compensation rules effective April 1, 2011
• FULLY AUTOMATED
• PICK YOUR OWN RATE TO MATCH YOUR NEEDED PRICE
Click here to learn more by Click here to view Flagstar
registering for our live Reg Z communication’s on how we
Training* can help you manage your LO
Comp plans
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**Log in needed to register for classes, contact me for details – 248.622.4051
5. Correspondent
Conversion
• Have you been considering taking the steps to
become a full correspondent lender?
• Flagstar offers warehouse lines starting from
a minimum net worth of only $75,000.00
• Considering the market today; it may be the
day to start!
Click here for a comparison of all available
Flagstar Warehouse lines and qualifications!
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6. New ways to market
yourself
• Flagstar gives you the
ability to create
customizable marketing
flyers with your
company and name
directly on our website!
• Click here or the
example flyer to the
right for complete list.
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7. new training resources
Whether you are a new loan officer with basic needs or a
seasoned professional Flagstar has training to keep you on top
of your game!
Examples of upcoming training classes
• Mortgage basics 101
• VA Learn the basics
• FHA Learn the basics
• Regulation Z / Loan Officer Compensation
• Guaranteed Rural Housing
• Becoming an eClose Originator
• Renovation Lending
• Click here to register for any of these classes and more!!
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**Log in needed to register for classes, contact me for details – 248.622.4051
8. Newly improved service levels
• Have you seen our Underwriting turn times??
Click here for today’s
• As always Flagstar encourages that you keep an open
dialogue with your underwriters. That’s why we
provide you with their email and direct dial phone
number on each loan you submit!
• After all, no one knows your customer’s better than
you!
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9. Thank you!!
• Thank you for viewing my slide show – please
give me a call to discuss further what Flagstar
and I can do for you!
Adam “Woody” Woodruff
Flagstar Bank Account Executive
Phone: 248.622.4051
Email: Woody.Woodruff@flagstar.com
Greater Cincinnati / Kentucky Areas
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