loan originator referral partners
DESCRIPTION
Loan Originator - Adair Financial Services Referral Partner Presentation.Offer your customers no down payment construction financing and earn income.TRANSCRIPT
Adair Financial Services
Adair Financial ServicesLoan Officer Referral Value
- Why Loan Originators refer construction customers to AFS?
- AFS No Down payment Construction Product.
- What is the value to the customer?
- How do we do it?
- Who do I refer?
Adair Financial Services
AFS No Down payment Construction Product
Adair Financial Offers the only construction financing in the market today that requires NO down payment.
AFS provides the construction loan on an Adair Homes build, and YOU, the Loan Originator, provide the Permanent Loan after construction.. + Adair Homes will give you $250.00 for the referral.
Start building your pipeline with customers looking for construction financing!
Adair Financial Services
Value to the Loan Originator
“Zero Out of Pocket” financing through Adair Financial Services. Adair Financial Services offers the only construction product in the market today with the potential for zero down.
How does it work?Land Purchase Price = $40,000Adair Homes Contract Price = $140,000Site Work = $20,000Total Cost = $200,000
Appraised value at end of construction = $270,000Total Loan Amount = $200,000Loan-to-Value = 74%Total out of pocket costs for the customer = $0Customer can purchase a lot and build a home with zero out of pocket. This is the equivalent of 100% financing.
Value to the Customer Could you use a head start with your life savings? When you build a home with Adair, it's just like creating your own personal savings plan.
The cost of building is almost always less than what the home appraises for. This means move-in equity for you, typically in the $25,000 range or more! We keep the cost of the house low, which means your payments are lower, allowing you to save. Our customers tell us their utility bills are typically less than other homes they have owned, which means more savings!
With Adair, you can achieve a better, debt free life where all the possibilities of the world are within reach. Kids have gone to college, second honeymoons have been taken, and worry free retirements have been secured. That's what Adair is all about. Everyone can use a leg up on the road to financial security. Adair customers get that help in addition to a brand new home. The dream of homeownership is still alive in America today. Unfortunately, there are many people out there today that are struggling with the high price of land and housing. This in turn, is making it difficult to plan appropriately for their future .
Adair Financial Services
How do we do it?
The typical Adair Homes customer moves into their home with greater than 20% equity, even in today’s market. Over 70% Adair Homes Customers that use Adair Financial Services build their home with zero out of pocket
Minimizing labor and material costs through volume purchasing.
•Adair owns the building supply company – “Costco Affect”.
•Adair owns the high end cabinetry company.
•Customers limited participation.
•Adair does have carrying costs on the land.
Adair Financial Services
Who to Refer
•Customer looking for construction financing.
•Customers with land.
•Customers that do not have a down payment.
•Customer that want to buy, although have expensive taste on a budge.
Adair Financial Services
Questions:
Contact:
Josh Biggs
General Manager, AFS
360.448.6081
www.adairhomes.com
NMLS ID: 4586