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All Forum Posts by: Dillon Eversole

Dillon Eversole has started 1 posts and replied 4 times.

Mortgage Brokers & Lenders

Post: Guidance Needed: Sponsoring Brokers and Loan Shopping for New Mortgage Brokers

Dillon EversolePosted
  • Realtor
  • Tampa, FL
  • Posts 4
  • Votes 2

I am currently completing the pre-licensure course for my MLO license, aiming to become a mortgage broker specializing in primarily non-QM/hard money products, along with some conforming loans. Do I need to secure a sponsoring broker who offers all these products? Also, will I have the flexibility to shop loans to wholesale lenders beyond the one with whom my license is associated?

1 Vote
Tampa, Florida
Mortgage Brokers & Lenders

Post: Seller Finance and Jr Debt

Dillon EversolePosted
  • Realtor
  • Tampa, FL
  • Posts 4
  • Votes 2

To offer a viewpoint not previously mentioned, consider asking the seller to subordinate their 75% to allow your private money to take the first position. While some sellers may not be agreeable to this idea, you might find that many are quite open to it.

1 Vote
Nashville, Tennessee
Private Lending & Conventional Mortgage Advice

Post: Looking for an RMLO in Cleveland, OH

Dillon EversolePosted
  • Realtor
  • Tampa, FL
  • Posts 4
  • Votes 2

Hey @Michael Ohara and @NICK SHELL did either of you find a good RMLO? I've been striking out looking online

0 Votes
Creative Real Estate Financing

Post: Mortgage note owner < line of credit access help

Dillon EversolePosted
  • Realtor
  • Tampa, FL
  • Posts 4
  • Votes 2

Did you find a line of credit for the note you were holding? I'm in a similar situation now. Just looking for liquidity options for a home I owner financed to a buyer.

0 Votes