Urgent Message

From the desk of Michael R Grigsby, CEO, MyHomeAssets! Software

Dear Mortgage Professional,

In recent months our firm has experienced incredible sales growth in the mortgage industry sector. Until recently, we didn’t understand why. Upon polling our mortgage professional customers, we learned it is because of the imminent crackdown on the Alt-A mortgage lending industry where borrowers are not required to produce documentation about personal income or assets.

While the borrower’s income is rather easily verified with certified tax forms, personal assets is another story. Why? Because there has been no easy way for prospective borrowers to track their personal assets.

Mortgage professionals have been buying MyHomeAssets! software in bulk, and customizing it with their branding, logos, and contact information. The result is that borrowers are able to catalog their home assets, print a list on our new 1003 PA (personal assets) form, sign it and include it with the 1003 loan application form.

If you are worried about how your mortgage broker or lending business will be operating over the next several years, call us at 503-419-6286 to discuss how MyHomeAssets! can help you with future loans.

Sincerely,

Michael R Grigsby