Hey Folks! Chris Shank here and today I’m going to prove to you how I’m your Mortgage Advocate by showing you how you can shave hundreds of thousands of dollars off your mortgage. Wanna know what’s cooler? Several of these tricks don’t require you to refinance- how cool is that? Let’s dive in. For the…

Christopher Shank – NMLS 2562885 – Follow the Dollar Hey folks. This here is THE transcript to THE video that everyone’s been waiting for, the one where I break down how loans are actually priced out. Before I begin, I want to thank you for your patience- this is a rather advanced topic, and I…

Christopher Shank NMLS 2562885 Been doing a LOT of realtor outreach these last few weeks to talk about one of my favorite subjects, non-QM lending. On the whole, my conversations have been following a regular pattern: “Howdy! I’m Chris Shank with Mortgage Advocacy. Yes, I am one of those crazy loan officers, but believe it…

Christopher Shank NMLS 2562885 I witnessed quite the real estate survival story earlier this month and, with the subject’s permission, I am now going to share it (with some details obscured for privacy concerns). Bob is not your traditional fix and flipper. After spending half a decade as a drone operator, Bob loaded up on…

Christopher Shank NMLS 2562885 Well folks, refi season is upon us! Believe it or not, I’m a rather uncommon loan officer in the fact that I’m usually not the biggest advocate of refinancing, at least not unless said refinance can be proven to be in someone’s best interest. In today’s article, I’m going to break…

Christopher Shank NMLS 2562885 We’ve covered before how there are things you have control over that dictate the interest rates you get charged for your loans. Now, it’s time for us to delve into the things that you really don’t have control over because only by getting a full understanding of the big picture, can…

Christopher Shank NMLS 2562885 As identified before, your credit plays a huge role in your future. Unfortunately, an uncomfortably small percentage of folks out there take more than a passing interest in their credit. Earlier, a young woman reached out to me, looking for a preapproval. She was beyond excited, as she found the house…

Christopher Shank NMLS 2562885 One of the best things about being a financial professional is that I get paid to help people build wealth. When I say this as a loan officer, most people think of wealth-building in the traditional sense. For example, per Redfin, in January of 2020, the median home value in the…

Christopher Shank NMLS 2562885 One of the most sacred obligations of a loan officer is the charge to inform the community at large about the industry they represent. To that end, today, we’re going to delve together into the four major loan programs that are out there. I hope you’re excited- here we go! Programs,…

Christopher Shank NMLS 2562885 “Hey Chris, thank you for talking with me about VA construction loans. In our conversation, you mentioned things like preferential pricing and how my credit factors into my interest rate. Can you go into a bit more detail about how that works?” Brother (you know who you are), I told you…