Who are we…

I have been in the mortgage industry in one capacity or another for over 21 years.  I have been a loan officer during the great refinance times of the early 90’s and seen the eventual slowdown after. I have managed a mortgage brokers office as well processed loans.  I have been an account representative for a number of non-conforming mortgage lenders as well as conforming lenders.  I have done field underwriting of loans, credit analysis, and helped broker clients massage loans to get to close.  I have conducted closings and reviewed hundreds of loan packages for borrowers.

As a field representative of sub-prime loan bankers I was aware and witness to loan officers placing people in inappropriate loans all for the sake of a commission.  I watched as underwriting guidelines were changed and hybrid mortgage products were offered that eventually made no sense.  Many borrowers were lead to believe that their loans were much different than what they turned out to be.  I got so tired of people being misled and just as many people being clueless as to what they were doing, I eventually got out of the mortgage business.  I continually review loan packages and programs now as a certified signing agent.

Now I am using my knowledge to help and educate borrowers before they get in trouble and to rescuer borrowers from the bad loans they are in now. I promise not to be shy in expressing my educated opinion on what lenders are up to and what a borrower can do to protect themselves.  I also have many friends still in the industry and often consult with them.

-Jeffrey Arndt, owner Mortgage Consulting Service/Mortgage Exam