dean wegner welcome home booklet_2-25-14
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Welcome HomeDean WegnerVP of Mortgage Lending
Dean Wegner
Consumer Finance Expert Dean Wegner is a leader in housing with over 18 years of experience. Dean is Vice President of residential lending for Guaranteed Rate Mortgage in Scottsdale, AZ. Dean is a member of over 25 financial organizations and a Certified Consumer Credit Counselor. He has spoken to the media about housing over 1,000 times, including cover stories in The USA Today and appearing on CNBC’s “On The Money”. Women’s Entertainment Network (WeTV) features Dean as the Financial Guru in their hit reality show “Downsized.” Dean is also an accomplished author and his recent release “Life After Foreclosure” is available in book stores nationwide.
Dean owns a Real Estate School and wrote the 255-page guidebook,” How to Pass the Arizona Real Estate Sales Exam”. He also shares his expertise as a business coach for four years with The CORE Training, Inc. His community involvement includes being a Rotarian, a Board Member of Big Brother Big Sisters of Arizona and a founding member of Uncle Skate Charity. Dean lives in Arizona and enjoys spending time with his three wonderful daughters.
Welcome toGuaranteed Rate!
Dean Wegner - Vice President of Mortgage LendingP: 602.432.6388 C: 480.286.3303 F: [email protected] www.guaranteedrate.com/deanwegner14811 N. Kierland Blvd, Suite 100 • Scottsdale, AZ 85254
Dean’s TeamSusan Underwood - Sales AssistantSusan will work with you at the beginning of the loan process to obtain all necessary documentation. She will touch base with you at the beginning of your application and will continue to follow up with you throughout the entire loan process.P: 480.214.8835 • [email protected]
Leah Kuhl - Mortgage Consultant (MC)Leah will work closely with you to make sure your loan process starts off on the right foot! She is an expert in preparing your loan for a quick and efficent approval by asking for only the most pertinent documentation. P: 480.214.8803 • [email protected]
Barbara Eggeling - Loan Coordinator (LC)Once your loan has been formally approved, Barbara will work closely with you to make sure your loan approval is cleared of all underwriting conditions (a very important step). Once your loan has been cleared to close by our Underwriting Department, Barbara will work to ensure an on-time, accurate and smooth closing experience. P: 480.214.8824 • [email protected]
Needed Documents
• Two most recent and complete tax returns; all schedule (for self-employed borrowers)
• Two most recent W2’s
• Two most recent pay stubs
• Most recent and complete bank statements; all pages
• A copy of your photo ID
As a friendly reminder, below is a list of the preliminary documents we will need from you in order to process your loan
We pride ourselves on keeping our clients up-to-date on their loan.
That’s why we created our award-winning online loan status tracker.
Just log in to your Guaranteed Rate account, or create one by visiting
my webpage and clicking the “Check Your Loan Status” button at the
top right. Our simple web interface makes it easy to see exactly what
step you’ve reached in the loan process, so you can get piece of mind,
no matter where you are or what time it is.
Check your status at every step of the loan process, anytime, anywhere.
Track Your Loan, 24/7
www.guaranteedrate.comwww.guaranteedrate.com
Guaranteed Rate - The HomeGuaranteed Rate - The Home
Do Stay Current On Existing Accounts
One 30-day notice can cost you.
Do Continue To Use Your Credit As Normal
Changing your pattern will raise a red flag and lower
your credit score.
Do Call Your Mortgage Professional First
Before making any address or credit changes.
Don’t Apply For New Credit
Every time you have your credit pulled by a potential
creditor or lender, you can lose points from your credit
score. This includes co-signing for a loan.
Don’t Max Out Credit Cards
Try to keep your credit card balances 30% below their
limit during the loan process. If you pay down balances,
do it across the board.
Don’t Consolidate Your Debt
When you consolidate all of your debt onto one or two
credit cards, it will appear that you are “maxed out” on
that card and you will be penalized.
Don’t Close Credit Card Accounts
If you close a credit card account, it may appear that
your debt ratio has gone up. Closing a card will affect
other factors in the score, including credit history.
Don’t Pay Off Collections Or “Charge-Offs”
If you want to pay them off, do it through escrow
at closing.
Good credit is critical to obtain the best interest rate and terms on a mortgage.
Credit Dos and Don’ts
DO DON’T
Your Map to a Successful Closing
Your Map to a Successful Closing
For detailed information on every step of the mortgage process, please visit my site at www.guaranteedrate.com/deanwegner and download the ebook you need on the left.
What To Expect After Closing
In your closing package that is given to you at the closing
table by your attorney, there are two payment coupons
and a payment letter which details servicing information
on where, how and when to make your first few payments.
Typically, you will be making at least your first payment to
Guaranteed Rate using these temporary coupons before you
receive a welcome packet and/or a monthly statement from
the servicer.
If your loan is going to transfer to a new servicer, you will
receive a “Goodbye” letter from Guaranteed Rate with the
new information in addition to a “Welcome” letter from the
new servicer. Please be sure to review the information in
these letters since they will specify the future date to start
making payments to the new servicer.
A Few Common QuestionsQ: What if I haven’t received any information from a new servicer?
A: Don’t panic. The important thing is to continue making your mortgage payment in a timely
fashion. Use the payment coupons from your closing package and send your payment to
Guaranteed Rate.
Q: I just mailed my payment and got a “Goodbye” letter saying it should go somewhere else!
What do I do?
A: Remain calm. As long as you’re making your payments on time, there’s nothing to worry about.
The law protects you from penalties as long as you’re making your payment on time, even if it is
received by the prior servicer.
Q: Who do I contact with any questions?
A: You can always contact our servicing group at 800-263-4159 between the hours of 8 am and 6 pm
CST and speak to one of our representatives, or by email at [email protected].
For detailed information on every step of the mortgage process, please visit my site at www.guaranteedrate.com/deanwegner and download the ebook you need on the left.
NMLS ID: 220741 LO LIC: AZ - 0911804 - 0907078 NMLS 2611 Residential Mortgage Licensee – Illinois Department of Financial & Professional Regulation, 3940 N Ravenswood Ave, Chicago, IL 60613 MB.0005932
“Dean helped clarify any questions we had and stood alongside us through the entire process.”
Don M.
“Any time I had a question about something it was answered via by e-mail or phone.
Dean Wegner is the nicest person
to deal with and he went out of his way to take care of us.”
Yvonne H.
“There is a great confidence that you get when talking
things through with him. I am totally amazed at how easy this came together. Thank You.”
Ronald