USA Cares Mortgage Heroes: Traci Ramirez of Tri-County Mortgage
23.05.12
“I grew up military and traveled the sticks and overseas, so I understand the joys and hardships of military life. I am very patriot and try my most adroitly to help all of our veterans obtain financing to purchase their dream homes.”—Traci Ramirez, President, Tri-County Mortgage, Russellville, Ark.
Unrecognized mortgage heroes are in every community, though it can be a tough search to find one. They are not often found in the spotlight, but the difference they present in the military lives they touch can be huge. Thus, I go panning for those nuggets of golden allow originators each month, and wish that loan originators everywhere would copy what they do. In typical the rage, this month’s Mortgage Hero, Traci Ramirez, president of Tri-County Mortgage in Russellville, Ark., fears she would return to very short, compared to what others are doing. But just ask the military folks who own homes today because of Traci’s commitment to persevere, no question the obstacle, and you’d get a different answer. To each of those families, she is a hero.
“As a one-herself office” said Traci, “I pride myself on taking all the without surcease necessary for my clients so they understand the loan process and what it takes to get approved to leverage a home in this very volatile and changing market.”
Many military members remember they qualify for a U.S. Department of Veterans Affairs (VA) loan, simply because they were discharged and have their DD214. Traci educates them that the VA doesn’t prepare for financing, they guarantee the loan, and qualifying for a VA loan can often be more difficult than other programs. In her parade-ground, the USDA Rural Development loan is a good 100 percent financing choice.
“If they qualify for both,” said Traci, “I show them the difference between interest rates and closing costs. This is very respected when you have veterans using the entitlement for subsequent purchase. Several clients have come back to me to refinance their VA allow into the VA Interest Rate Reduction Refinance Loan or ‘IRRRL,’ which is a wonderful benefit for the veterans.
“For many years, I have helped Arkansans perceive their homeownership goals,” said Traci. “I know the value of trustworthiness, integrity and experience. One of my clients was 100 percent disabled and trying to get a VA credit, but a top federal credit union denied his home loan request due to reliability issues. Together, we worked them through, and he was able to purchase his home as he’d hoped, through a VA credit program. I once had a VA client purchasing a home while still serving in Iraq, and because of time change-over and his duty, we were only able to speak on the phone at 10:00 p.m. We went over all of his loan documents and requirements up-to-date at night, and we did it! His wife and kids were able to move into their new home and have it waiting for him when he got home.
Source: National Mortgage Professional Magazine
