Your Mortgage Banking Expert Since 1989
Through the years, delivering good service, product, price and speed
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Hello, and thank you for visiting my personal mortgage banking web site.
Please take a moment to get to know me, my team, the firm
and sources we work with, and read about the loan programs
and tools we offer. Put it all together, and you
make a loan choice in your best interest.
Getting started is
easy. Simply give me or my loan assistant Jen
Williams a call at 503-524-7600.
After a short interview, I will utilize our tools and 20 years
experience to have a timely and detailed "mortgage meeting"
with you to identify your goals, loan choices
and help you move forward confidently. While in
process, we will guide you,
keep you informed, close on time + on budget. We are
established, experienced, professional and
accountable.
Did you know less than one third of loan officers registered with the Oregon Division of Finance in 2007 are still in the business today?
What does it mean to you? Recently, I had a client
referred who had been looking for a home for six
months. I was the third lender he applied with
because the first two left the business. As a 20+ year
mortgage veteran, I am here to stay, and the firm I
choose to work with must have staying power, good pricing, and sources above and beyond its peers. I work with Primary Residential Mortgage, a nationwide mortgage banking firm that specializes in supporting established mortgage professionals throughout the United States
funding an average of $5 billion per year since
2001. Primary has 275 branches across the country,
and was established in 1998. I am happy to say that we process and underwrite
on site at my office. In fact, my team is just outside my door! We
deliver to top sources like Wells Fargo, GMAC, Franklin American, and many others.
As they all change in price and criteria, I have the ability to lock your loan in the sweet spots.
This is a great competitive edge I offer my clients.
I offer purchase and refinance transactions in
Oregon and Washington, and a full array of fixed and adjustable rate Conventional, Jumbo, FHA, VA and USDA products.
About my web based "Mortgage Meeting" software
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Clients who enjoy drilling down on the best
options will love it. It produces, displays, stores, and distributes a myriad of custom and highly accurate "fee worksheets"
for your review. It shows a clear breakout of (PITI) payment, closing costs,
pre-paid's + prorates, date specific and with
or without reserves in your payment. It shows a clear breakout of funds needed to close, or
the credit back to you on "cash out" refinance.
The system also has a "sale proceeds" calculator we can utilize together to drill down on how much you may net on the sale of your home.
Another great feature, and likely the most powerful
is our "loan amortization" tool. It
allows an endless array of extra payment streams, odd amounts,
and odd dates so you can customize your payoff goals.
If you use the system with me or not, I use
it all day long to get my job done for you!
To maintain my "Mortgage Meeting" tools as an exclusive service for my clients, I have password-protected this area on my site. For a password call me at 503-524-7600.
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List of items I need plus a few processing tips (not all may pertain to you):
___Thirty days consecutively dated pay stubs. This
is usually two but may be three or four depending on
your pay cycle.
___Two years W-2s, 1099s if any. Pension award letters, Social Security year end statement
as applicable.
___Two years Federal tax returns (1040s, all pages/schedules and K-1s if any) If you have filed an amended return we need both the initial and amended returns.
If you have filed an extension for the current tax
year, we need a copy of it.
___If you own a business, we need two years 1120 business returns and K-1s if you own more than 20% of a business.
___Two months bank/investment statements for the account(s) you plan to use for funds to
close.
___If you are getting a gift from a family member
please indicate this. We can help guide you for
proper documentation.
___Don't let anyone check your credit (or take
new loans) after you have applied with us.
___Insurance agent contact info.
___Most recent mortgage statement on all mortgage
loans.
___Clear copy of your driver license
and social security card if you have one. A passport
works if not.
Keep in mind this is an initial list. A second,
and perhaps a third list will follow as needed after
we receive your documentation. It is critical to
react quickly. We are trouble shooting problems and
making way for a smooth underwrite and closing. We
will also need your signatures on disclosures
throughout the process, not just up front.
Funds deposited to escrow should be sent via wire or
cashiers check at least 24 hours prior to expected
funding date. Your funds must come from the sources
we documented.
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My guarantee ~
If subtotal of closing costs are higher at closing than your final Fees Worksheet/Good Faith Estimate, I will adjust your bottom line no-questions asked. There are exceptions to this guarantee due to rare circumstances of your particular loan but I am very committed to keeping you on budget.
Copyright & disclaimer information
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All opinions expressed by Kevin Drew on this personal web site, are Kevin’s opinions and may not reflect the opinions of his employer or investor source. You should not treat any opinion expressed
by Kevin as a specific inducement to take a particular mortgage or follow a particular strategy, but only as an expression of his opinion. You must make an independent decision regarding mortgages or strategies mentioned on his web site. Before acting on information, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial
advisor.
The contents of this web site are protected by US Copyright laws and international treaty provisions. All rights reserved. For detailed Copyright information follow the link at the bottom right.
Not all applicants will qualify to purchase or refinance. Rates, fees and programs can change at any time without prior notice.
Thank you for taking the time to stop by!
Kevin Drew / Senior Mortgage Banker
Primary Residential Mortgage, Inc.
One Embassy Centre
9020 SW Washington Square Road #350
Portland, OR 97223
Office Phone: 503-445-0445
Desk Phone: 503-597-6712
Cell Phone: 503-680-3739
Fax: 503-296-2968
Email: kevind@kevindrew.com
cc Email: kdrew@primeres.com
Kevin's NMLS # 216536
Info on NMLS: www.nmlsconsumeraccess.com