AbilityBlog.com

We Are Expanding Our Operations Team

Lendability.com is seeking individuals with a strong background in mortgage processing and fulfillment to work in our Phoenix/Tempe, AZ corporate office. Candidates must have worked in the mortgage industry and have a proven track record of success. Our team is professional, ethical, motivated, and emphasizes first-class customer service to all our clients and affiliates.

Job Duties Include:
• Convert pipeline of 25-40 loans to funding
• Management of pipeline to ensure high close rate on all mortgage applications
• Consistent communication with borrowers, lenders, and title companies

Knowledge, Skills, and Abilities:
• 2+ years of mortgage broker/processor experience working with multiple lenders
• Knowledge of Fannie Mae underwriting guidelines and eligibility requirements
• Knowledge of FHA, VA, Conventional, Jumbo, Super Jumbo, and Home Equity
• Experience in managing a pipeline of 35+ loans
• Must be self-motivated and have the ability to work 40 hours per week
• Strong customer service background is REQUIRED
• Ability to communicate effectively in writing and verbally with customers and affiliates

Compensation range is $35K+ annually DOE. Candidates must have verifiable previous work history and income for consideration of employment. Please email a current resume and salary history along with a brief cover letter detailing your abilities to staffing@lendability.com.

December Arizona Market Wrap Up

The first week of the year began with a bang.  From both affiliated Realtors and non-affiliated Realtors, our call volume for Pre-Qualifications saw a sizable jump this week. Thank you and keep them coming.  You can continue to rely on us to provide you with speedy responses for your clients. 

As we look forward to 2010, I would like to take this time to review the December 2009 Phoenix Market Data (Information provided by our friends at CromfordReport.com):

•    Sales at 7,729 were UP 284 from November’s 7,445
•    Active Listings at 38,938 were DOWN 608 from November’s 39,536
•    Sales Per Year at 92,427 were significantly UP 33,225 from 2008’s 59,202
•    Days on Inventory at 154 was DOWN 6 days from November’s 160 days
•    Sales/SQFT at $91.26 was DOWN $0.71 from November’s $90.55

Please note that we had over 33k more homes sold in 2009 than in 2008.  With the changes in the Phoenix market over the last two years, Realtors quickly figured out how to partner with asset managers, navigate the short sale process, and create solid partnerships with mortgage brokers to develop new business.  We all realized that in order to survive in this business, we had to not only get creative, but simply get back to the basics.  With the many new tools that we have learned, we are ready for an even more successful year in 2010.

Now is the best time for us to re-visit our partnerships and build stronger relationships.  I look forward to meeting with you and hearing how we can further enhance our service to both you and your clients this year.  I would also love to hear how we can become your preferred referral option for all of your partners and clients.

Here’s to an exciting and successful 2010!