FHA Lending, Everyone?

Rather than say us older, let's say us more experienced Prime Alliance Team Members remember Government Lending. Not well, mind you, it's been some time since anyone's done much of it, and we are, well, getting older. Government Lending, FHA Lending specifically, is hip, it's happening, it's big. Some industry experts put FHA volume at as much as 30% of all lending in under 18 months. You've got to get ready. Yesterday.


What do you do? Three things concurrently. Get educated. Prime Alliance can help. If you attended Symposium and had the chance to see Tracy Ashfield's presentation on FHA Lending, you're ahead of the game. Didn't catch it? It will be on the Symposium DVD, due out later in June. SMS University is also holding two webinars in June so you can get the information. The next webinar is June 19 11:30 to 1:00 Pacific Time. SMS University will also be holding four face-to-face classes later this summer and early fall. For more information on all these sessions, visit www.consultsms.com. Prime Alliance customers receive a $50 discount on the face-to-face classes. When registering, use the Customer Discount Code 'PA'.


While getting educated, start the FHA approval process. The process isn't as arduous as it once was, yet it will take some time. Don't wait, contact HUD today at
www.fha.gov. And, as soon as you've done that, partner with an FHA Lender that can give you a jump on Government lending. During Symposium we announced that CU Members Mortgage and Prime Alliance have joined together to bring you such a quick start program. Contact your account executive today for more information.


Still not sure Government Lending is for you? Consider this: former hard-money lenders, the subprime guys who refuse to give up, are turning their attention to FHA Lending as one significant way to replace the business they've lost. Don't let them get the jump on you.