ATTENTION: For Those who are serious about Getting Pre-Qualified FAST!
Bill Rapp, Mortgage Originator: NMLS 228246
"Brokers Are Better.
Better Pricing, Better Service!"
Subscribe To My List Below To Get Your Mortgage Quote Now!
Simply enter your name and email below:
WITH PROVEN STRATEGIES & PROVEN RESULTS
HERE'S WHAT MY CLIENTS SAY:
What People Are Saying:
Excellent Service
Bill is an exceptional loan officer. He helped us to purchase our home with very personal and professional service. He helped us navigate the whole process from start to closing without any problems. We didn't think we're qualified to purchase a house, but Bill went above and beyond to find a way to help us achieve our goal. He always responded very quickly with our requests, he would come back with different options with comparison chart to clearly indicate how much we need for down payment, monthly payments, interest rates, closing costs etc.
We would highly recommend Bill to anyone in need of lending services. In fact, we have already recommended Bill to one of our friends on purchasing a house.
ďťż--- David Chan - Houston, TX
Bank Statement Lending!
William Rapp of Network Funding, L. P. was very professional and I felt comfortable in dealing with him. I will definitely recommend him to family and friends.
ďťż--- Ian F - Missouri City, TX
Professionalism - Expert In Home Style Loan
Bill is an expert in the topic, his explanations and online material make a difference and he is always there from the beginning to the end. He is committed to make thing happen.
ďťż--- Felipe Caldern & Carolina Angel Gutierrez
Great Service!
Bill Rapp's handling of our loan (even though out of state) was unparalleled to any service I have been through prior, including 3 different real estate transactions and multiple refinances. Extremely quick close, with great options and flexibility for my families needs. All around A+
--- Chris & Beth Sheehan - San Jose, CA
Knowledgeable and Responsive!
Bill was a pleasure to work with and he made the loan process fairly easy. He answered all questions I had very quickly and was straight forward in doing it. I would recommend Bill to others.
--- Wes Brady - Richmond, TX
Very professional and always returned our calls!
Bill takes a lot of pride in his job and is very dependable. They were very patient and understanding. He went out of his way and explained all my questions and concerns. They were very professional and returned my phone calls and emails. He did a great job and I fully recommend him.
--- Therese, Malcom & Shirley Teixeira - Katy, TX
Great Job!
Bill helped us out from beginning to end of loan process. The loan closed in a timely manner as Bill worked hard with bank to get our to the final steps.
ďťż--- Kamal & Theresa Wilson - Hartford, CT
Avid Problem-Solver and Absolute Pleasure to Work With!
Bill Rapp worked very hard to ensure that we closed our loan and were able to move into our new home. He always had alternatives to any problems we encountered while closing. He worked with us from the beginning identifying solutions to any problems that we were having. He was an absolute pleasure to work with!
--- Nikita Rayani & Sanit Tejani - Houston, TX
Awesome to work with!
Being a first-time buyer I came in with lots of questions and concerns. Bill was always available for any questions I had and answered everything to my satisfaction. Bill made the loan process so painless that I could still concentrate on other things. We ended up closing early which made things even better. If you are in need of a lender and want someone who is very approachable and stays on top of your loan then Bill is your guy.
--- Cesar Raya - Richmond, TX
Loan Declined by my bank, and he saved the day!
Bill, did an amazing job helping me close on my house. He took the reigns and reassured me the best route to take to help close. He was accountable, thorough and trustworthy. I will continue to work with Network Funding, L.P. when it comes to home buying in the future because of the quality of service Bill gave.
--- Jacob Smith - Boerne, TX
Bill Rapp Will Definitely Make It Happen!
Bill is the most kind, patient and helpful person I have ever known. He answers his phone calls and emails promptly. You can ask him a million questions, and he will answer each and every one of them. Before I started working with Bill, I had been turned down for a home loan, because of some past credit issues I had, plus I was a single mother. However, once I started working with Bill, he was able to quickly get me a home loan, with a good interest rate. I would recommend that you call him, as he will help you.
--- Corinne Wilson - Roselle, NJ
Knowledgeable, Honest, Trustworthy, and Reliable!
"I will definitely keep you in mind. If anyone I know needs financing, I will send them your way!"
--- Jon & Andrea Saleem, CRPC Financial Advisor - Houston, TX
Best Dam Mortgage Guy a man could know!
"Hands down the best loan experience to date!"
--- Gabe & Chelsea Jackson - Pearland, TX
Phenomenal, Hard Working and Never Quits!
Had a stupid foreclosure that could have been avoided if exâs attny would have sent my buy out offer. So Bill was able to push this through with a 4 year foreclosure. He worked his butt off, was very diligent with his communication; and was very professional talking to me even when I was screaming and/or crying at him. Highly recommend this lender. He really go to the ends of the earth to help you!
--- Liz Keeter - Harlingen, TX
Exceptional customer service!
Bill is the most kind, patient and helpful person I have ever known. He answers his phone calls and emails promptly. You can ask him a million questions, and he will answer each and every one of them. Before I started working with Bill, I had been turned down for a home loan, because of some past credit issues I had, plus I was a single mother. However, once I started working with Bill, he was able to quickly get me a home loan, with a good interest rate. I would recommend that you call him, as he will help you.
--- Isha Lopez & Mauricio Garcia - Houston, TX
Service with a capitol S
Bill went above and beyond at every turn. He worked late on Saturday, he worked late all the time. We wanted to close ASAP and he really helped make it happen for us.
--- Jeff & Wendy Heger - Houston, TX
Best Buying Experience!
I would would highly recommend going with Network Funding LP. As a first time home buyer I didn't know what to expect. Bill Rapp was very helpful in answering all my questions and guided me through all ghe steps. I couldn't have asked for a better buying experience!
--- Tabitha Turner - Humble, TX
Would recommend him and use him again!
Very involved and professional . Kept me informed and up to date on everything that was going on Went with me closing and was very helpful and knowledgeable.
--- Kathy Ward - Houston, TX
Great experience!
Well I meet bill back in December 2016 he got recommended by my real estate agent we had a house in sight and started the process to get approved but we fail due to my work history and credit bill told me not to give up and put me in contact with a credit repair company they help me bring my score up and bill walk me thru the process of getting a new line so this time around we got approved before looking for our house after we found it we still had a couple of hick up but with bills help on Sunday 6-18-17 to be exact Father's Day bill called me to give me the great news that we had got approved and the closing date was as scheduled bill was more than just a lender to my family he became a friend and I'm alway going to have him in mind for any other financial situation.
--- Alejandres Felimon - Richmond, TX
I really liked his attitude!
I wouldn't usually say this but the way he had handled my mortgage was really pleasant. I personally enjoyed the time spent with him while we discussed feasible rates. He's a great man with a great personality and he offered really low interests as well. Definitely recommend him to others.
--- Tom Troiano - Atlantic City, NJ
He's nothing short of a miracle!
I'm a self-employed businessman and had him figure out the mortgage of the house after 30% down payment. The interest rates I received were incredibly low given what I had thought of earlier. One other important thing to note was that I hadn't really taken any loans earlier, so I had no credit history. He helped me out with all that as well so I can't really call him anything else but a miracle.
--- Fran Suarez - Cleveland, OH
He's really helpful!
I made a bid to him and the very same day he gave me an offer which I couldn't resist. It was too intimidating with those incredibly low interest rates and all, thoroughly recommend him.
--- Kenny Mickle - Houston, TX
Expeditious!
Bill was very expeditious and made it real easy going through the loan process. I felt he was on top of things.
I deal with investment properties and will more than likely call on him again.
--- Wayne King - Pensacola, FL
Bill was great!
Bill made us feel like a friend all the way thru the process. He was patient and explained everything he needed clearly. He was available ANYTIME we had questions or needed more information. Hopefully we wonât go thru this process again anytime soon, but if we do - weâd choose Bill! =)
--- Barbra & Nick Grimmer - Austin, TX
Great broker!
Bill was a great broker to work with. As first time home buyers we had many questions about the process, Bill took the time to help us even calling us back on weekends with answers. I would not hesitate to recommend him to anyone looking for a broker to work with.
--- Murray & Lisa Turner - Pensacola, FL
Outstanding service!
I couldn't have been more pleased with Bill's level of service. He made what is typically a lengthy, arduous process far quicker and easier at every turn. I'm extremely comfortable recommending Bill to friends and family, and will definitely utilize his services again!
--- Jim Lipari - Austin, TX
Step-by-Step Guide to the VA Loan Process
6 Easy Steps to a VA Loan
For many borrowers, applying for any kind of mortgage may seem daunting.
But, when broken down, this rundown of 6 steps to getting a VA loan is easy to understand.
1. Select a VA-approved Lender
On the surface, it might appear that any lender will do. However, if you dig a little deeper, you may discover that not all lenders are the same. First, only lenders approved by the U.S. Department of Veterans Affairs can originate VA mortgages. Secondly, some lenders focus primarily on conventional loans, while others concentrate almost exclusively on the VA loan program for military clients. Using a VA specialty lender with extensive knowledge about the VA loan process vs. a lender who only funds a few VA mortgages a year may translate into an easier and quicker loan process. To connect with a VA specialty lender, please click here.
2. Obtain a Certificate of Eligibility (COE)
An experienced lender can help you obtain whatâs called a Certificate of Eligibility (COE). The COE will prove that you meet initial eligibility standards for VA loan benefits. It will also let the lender know how much entitlement you can receive, which is the amount the Department of Veterans Affairs will guarantee on your VA loan. To get your COE, youâll need to give your lender a bit of information about your military service. Usually, a COE can be acquired online instantly through a lenderâs portal or through the eBenefits portal on the va.gov website. Those servicemembers or surviving spouses whose COEs cannot be obtained online will have to get theirs by mail. A VA lender or the VA can help direct you to the right resource for your specific situation.
3. Pre-Qualify for Your Loan Amount
Pre-qualifying is important, but not required. By choosing to complete this step you can save some time and potential surprises later in the process. To pre-qualify for your loan amount, youâll have a candid conversation with your VA loan professional about your income, credit history, employment, marital status and other factors. Giving your lender complete details during the pre-qualifying step can help prevent surprises later during underwriting. The pre-qualifying step can also reveal areas that need improvement before you can be approved, such as credit or debt-to-income ratio. While a prequalification letter gives you a ballpark price range for house hunting, it does not guarantee that you will be approved for a loan, and your lender will later have to verify the information you provide. To get a loan requires later final approval by underwriting once all documents have been received and reviewed (see Step 5).
4. Go House Hunting & Find Home
The fourth step is usually one borrowers enjoy because they get to look at homes they might consider buying. Working with a real estate professional who specializes in the VA process can help you get the most out of your benefits. This is true because the VA allows certain fees and costs to be paid by the seller (if both you and the seller agree), and a knowledgeable agent will know this and help you negotiate seller-paid fees. Once youâve got a signed purchase agreement, you can move forward in the VA loan process.
5. Lender Processes Application
& Orders VA Appraisal
A signed purchase contract is the document youâll need to finish your initial application. Once your lender has the contract, they will order the VA appraisal. Here again, not just any appraiser will do. Only a professional who is certified to perform appraisals to VA standards can evaluate the home being considered for VA financing. The VA appraiser will make sure the price youâve agreed to pay for the home corresponds with the current value. Another very important part of the VA appraisal is to inspect the home to make sure it meets the VA minimum property requirements (VA MPRs). However, the VA appraisal does not take the place of a home inspection, which focuses on code violations, defects and the condition of the property. While many borrowers have heard horror stories about the length of the VA appraisal process, the Department of Veterans Affairs gives the appraisers 10 days from order to completion barring extenuating circumstances. While youâre waiting for appraisal documents, youâll be busy submitting documents of your own to your VA-approved lender to show you have the ability to qualify for the loan. If the home passes appraisal for value and VA minimum property requirements, and itâs verified by the lender that you qualify for your loan, the underwriter will give his or her stamp of approval.
6. Close on Your Loan and Move In
After being approved by the underwriter, all that is left to do is close and move in. During closing, the property legally transfers from the former owner to you. Closing is a step that requires you to sign documents that confirm you understand and agree to the terms of the loan. You will need to provide proof of homeowners insurance and, if required, pay closing costs. Once youâve signed all your closing documents, youâll get the keys to your new home.
While these steps may not happen in the order above or be a required part (such as prequalification)*, they represent the typical process for the applicant in obtaining a VA purchase loan. Your lender may need to take other steps. For more information about VA loans, contact an experienced VA-approved lender.
My best advice to you is to call Bill Rapp, the Mortgage Viking, today to discuss your options 281-222-0433.
đ Why Mortgage Brokers Have More Flexibility: Build a Bigger Mortgage Business with Medallion Companies đĄ
đ Why Mortgage Brokers Have More Flexibility: Build a Bigger Mortgage Business with Medallion Companies đĄ
đ° Stop Being Limited by One Lender: How Medallion Helps Mortgage Professionals Grow Their Business đ
________________________________________________________________________________
Why Mortgage Brokers Have More Flexibilityâand How Medallion Companies Can Help Grow Your Business
The mortgage industry is changing. Loan officers and mortgage professionals who want to build sustainable businesses increasingly need something beyond a competitive rate sheet.
They need flexibility.
Borrowers rarely fit into one neat box. One client may be a first-time homebuyer looking for conventional financing. Another may be a physician with substantial student debt. The next could be a self-employed entrepreneur whose tax returns do not tell the full story of their financial strength.
And the investor calling tomorrow may need a DSCR loan instead of a traditional residential mortgage.
That is where the mortgage broker model can create a significant advantage.
Rather than trying to make every borrower fit the lending parameters of a single institution, independent mortgage brokers can seek financing solutions designed around the borrower's actual circumstances.
For mortgage professionals considering their next career move, that flexibility is also central to the opportunity available through Medallion Mortgage and Medallion Funds.
Why Mortgage Brokers Have More Flexibility
A traditional retail loan officer typically works within the product menu, underwriting guidelines, pricing structure and risk appetite of their employer.
When the borrower's situation falls outside that box, the options can become limited.
A mortgage broker operates differently.
Instead of relying exclusively on one source of capital, brokers can potentially access multiple lenders, programs and lending channels.
That creates an important distinction:
The question becomes less about whether one lender can make the loan and more about which lending solution best fits the borrower.
This broader approach can be particularly valuable when serving borrowers who require specialized financing.
More Loan Programs Can Mean More Opportunities
Mortgage professionals build relationships one client at a time. Losing a borrower because your company does not offer the appropriate program can mean losing more than one transactionâit can mean losing the relationship and the referrals that could have followed.
A broader mortgage platform can help professionals serve more of the clients already coming through their network.
Depending on eligibility, borrower profile and available lending programs, those opportunities may include:
¡Conventional mortgages
¡FHA, VA and USDA financing
¡Jumbo mortgages
¡Doctor and dentist mortgage programs
¡Non-QM loans
¡Bank-statement programs
¡DSCR investor loans
¡Asset-utilization programs
¡HELOCs
¡Portfolio and specialty lending
¡Commercial real estate financing
The goal is not simply to offer more products.
It is to have more ways to solve financing problems.
Why Flexibility Matters for Self-Employed Borrowers
Entrepreneurs, business owners and independent contractors represent an important opportunity for mortgage professionals.
They can also be challenging borrowers for traditional lending models.
A successful business owner may have strong cash flow and significant assets while reporting taxable income that does not fit conventional qualification standards.
A broker with access to alternative lending solutions may be able to evaluate programs designed specifically for those circumstances.
That means mortgage professionals can position themselves as advisors rather than simply order takers.
Investors Need Specialized Mortgage Solutions Too
Real estate investors have different objectives from traditional owner-occupant borrowers.
Their financing strategy may depend on rental income, cash flow, leverage, portfolio size and exit strategy.
Programs such as DSCR loans can allow qualified investors to pursue financing based substantially on the property's economics rather than relying exclusively on traditional personal-income qualification.
For a mortgage professional, developing expertise in investor financing can create another recurring source of business.
An investor who purchases one rental property may eventually purchase five, ten or more.
That can transform a single transaction into a long-term client relationship.
Medallion Mortgage: Build a Residential Mortgage Business
The Medallion platform is designed around a straightforward concept:
Give mortgage professionals the tools and flexibility to build their own book of business.
Instead of defining success around one loan product, the objective is to help mortgage professionals develop lasting relationships with homebuyers, homeowners, investors, real estate agents, builders and other referral partners.
The stronger your financing toolbox becomes, the more valuable you can become to those relationships.
Medallion Funds: Expand Beyond Residential Mortgages
One of the most interesting growth opportunities for mortgage professionals is learning how to identify financing opportunities beyond a traditional home loan.
Consider the clients already inside a typical mortgage professional's network.
They include physicians, dentists, attorneys, entrepreneurs, investors and business owners.
Many of them eventually need more than residential financing.
A physician may want to purchase a medical office.
A dentist may decide to buy the building occupied by the practice.
An investor may move from single-family rentals into multifamily or commercial real estate.
A business owner may want to purchase an owner-occupied commercial property.
Those relationships can potentially lead to commercial financing opportunities.
That is where Medallion Funds expands the conversation.
Instead of automatically referring those opportunities elsewhere, mortgage professionals can learn to recognize when a residential relationship may also have a commercial capital need.
Stop Thinking Transaction. Start Thinking Relationship.
This is one of the biggest opportunities in mortgage origination.
Suppose you help a doctor purchase a $900,000 home.
If you view that person strictly as a residential mortgage borrower, the relationship may end at closing.
But that doctor could eventually need financing to:
Purchase a medical office. Acquire another practice. Buy investment property. Refinance commercial real estate. Purchase a second home. Finance additional residential properties.
The original mortgage is only one financial event in a much larger relationship.
Mortgage professionals who understand this can position themselves to remain relevant as their clients' financial needs evolve.
Build Referral Relationships Around Solutions
Real estate agents and other referral partners have their reputations attached to the professionals they recommend.
They want mortgage partners who can help solve problems.
A loan officer who repeatedly says, "We don't offer that program," creates an opening for another lender.
A mortgage professional with a broader lending platform can instead say:
"Let me determine which financing solution makes the most sense."
That is a very different value proposition.
It can help create deeper relationships with real estate agents, builders, CPAs, financial advisors, attorneys and commercial real estate professionals.
Why Entrepreneurial Mortgage Professionals May Prefer the Broker Model
The broker model can be particularly attractive to professionals who think like business owners.
These originators do not simply want leads handed to them.
They want to build a recognizable personal brand, develop referral channels, create repeatable marketing systems and build a database that compounds in value.
They understand that their greatest long-term asset is not a particular loan program.
It is their network of relationships.
A flexible mortgage platform gives those professionals more opportunities to monetize and, more importantly, serve that network.
The Medallion Companies Opportunity
Medallion Mortgage and Medallion Funds are built around helping entrepreneurial mortgage professionals expand what they can offer their clients.
The opportunity is broader than simply originating another residential mortgage.
It is about building a financing practice capable of serving clients across different stages of their real estate and business journey.
Residential borrowers become homeowners.
Homeowners become investors.
Investors buy commercial properties.
Professionals become business owners.
Business owners purchase buildings.
The financing professional who can continue helping those clients has an opportunity to build something far more valuable than a pipeline of one-time transactions.
They can build a long-term advisory business.
Is Medallion Right for You?
If you are a mortgage professional evaluating your next platform, ask yourself a few questions.
Are you looking for greater lending flexibility?
Do you want to develop your own referral relationships?
Would you like to serve borrowers who do not always fit traditional lending guidelines?
Do you want exposure to investor and commercial financing opportunities?
Most importantly:
Do you want to build your own mortgage business rather than simply originate loans?
If the answer is yes, it may be time to explore what the Medallion Companies platform can offer.
The future of mortgage origination belongs to professionals who can combine relationships, expertise, technology, capital access and entrepreneurial thinking.
That is the business Medallion is working to build.
Bill Rapp
Partner & Director of Capital Advisory | Medallion Funds
Commercial Lending Nationwide
Residential Lending in AL, CA, CO, NV & TXBottom of Form
https://www.billrapponline.com/
https://findamortgagebroker.com/Profile/WilliamRappJr28883
https://billrapp.commloan.com/
https://billrapponline.com/financingfuturescre-houston-katy
https://houstoncommercialmortgage.com/
https://author.billrapponline.com
https://doctorvideo.billrapponline.com/
https://veteransvideo.billrapponline.com/
https://mortgageviking.billrapponline.com/
https://fha203h.billrapponline.com/
https://renovationvideo.billrapponline.com
https://medallionfunds.com/bill-rapp/
https://www.amazon.com/dp/B0F32Z5BH2
https://veed.cello.so/FOmzTty6oi9
https://buymeacoffee.com/vikingente3
https://creplaybookseries.billrapponline.com
https://creplaybook.billrapponline.com/
Š Bill Rapp, Medallion Funds LLC, Director of Capital Advisory
Main Office:
Medallion Funds
[email protected]
11920 Southern Highlands PKWY Suite 302Las Vegas, NV 89141
Texas Complaint and Recovery Fund Notice
All Rights Reserved Copyright Š 2021 - Bill Rapp The Mortgage Viking | NMLS #228246