Your Mortgage Banking Expert Since 1989
Through the years, delivering good service, product, price and speed
Hello, and thank you for visiting my personal mortgage banking web site.
Please take a moment to get to know me and my team, the firm
and sources we work with and read about the loan programs
and the loan tools you can access here. I personally
assisted with the concept and design of these tools
so my clients can make decisions in their 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, or upon your completion of a
"Step One" sort form loan application (takes 10
min) I will utilize my tools and 20 plus years
experience to have a timely and detailed "mortgage meeting"
at your pace to identify your goals, your choices
and help you move forward confidently. Your loan
will be "in our hands" locally, you can come by and
say hello as often as you like. We will guide you,
keep you informed, close on time, on budget. We are
established, experienced, professional and
accountable for your loan.
Did you know? Only a third of loan officers registered with the Oregon Division of Finance in 2007 are still in the business today? As a 20+ year veteran mortgage professional, the firm I work with must have staying power, good pricing and a reputation with its sources above and beyond its peers. I work with Primary Residential Mortgage, a nationwide mortgage banking firm that specializes in supporting already established mortgage professionals throughout the United States.
Primary funded approximately $5 billion in 2010 and is a 12 year old firm growing steadily while many firms have gone under. I am happy to say that we process and underwrite your loan inside 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. My ability to lock your loan in the sweet spots between sources (on the day we lock you) is a great competitive edge I offer my clients. And we can close in half the time a typical bank or credit union takes.
I offer purchase and refinance transactions in the State of Oregon with a full array of competitive fixed and adjustable rate Conventional, Jumbo, FHA, VA and USDA products.
About my web based "Mortgage Meeting" software
The questions were; how can we get you the information you need to assess your loan choices quickly, accurately, and how can we track your changing loan needs.? We ended up with a suite of tools that produces, displays, stores and distributes a myriad of totally custom and highly accurate "fee worksheets" that will cover your scenarios. We show a clear breakout of (PITI) payment, closing costs,
pre-paid's, prorates, all date specific with a clear breakout of funds needed to close, or credit back on "cash out" refinance.
The system also has a "sale proceeds" calculator we can use together to drill down on how much you may net on the sale of your home. Your realtor likely already informed you, but I like to do the numbers as well to keep on track!
Another great feature, likely the most powerful "loan amortization" tool you have ever used. It accommodates an endless array of extra payment streams, odd amounts, odd dates so you can totally customize your payoff goals.
To maintain my "Mortgage Meeting" tools as an exclusive service for my clients I have password-protected this area of my site. For a password call me at 503-524-7600.
___________________________________________________________________
List of items I need plus a few processing tips: (not all may pertain to you)
___Thirty days consecutive days pay stubs. This
is usually two but may be three or four depending on
the way you are paid.
___Two years W-2s, 1099s if any. Pension award type 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 own a business, we need two years 1120 business returns and K-1s if you own more than 20% of a business.
___Two mos bank/investment statements. All pages
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 you document it
properly.
___Don't let anyone check your credit (or take
new loans) after you have applied with us.
___We need your insurance agent contact info.
___Most recent mortgage statement on all mortgage
loans.
While in process, keep us informed of changes in price, seller credits, status of your home inspection negotiations and closing date changes. _____________________________________________________________
My guarantee
If subtotal of closing costs and prepaid items 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
All opinions expressed by Kevin Drew on this, his 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 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 on this web site, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial counselor.
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