Fairfield Financial Services, Inc. - Private Money Loans, Lending & Borrowing

Archive for May, 2011

Kick some A in your CMA

Wednesday, May 18th, 2011

Clay Sparkman
One thing that Fairfield does a little differently is allow our borrowers to supply their own valuation analysis in lieu of a formal appraisal. Our acceptance of a value estimate really comes down to the comps, and we really don’t care who provides them so long as they are appropriate, we can follow the [...]

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Keeping your loans in motion

Tuesday, May 10th, 2011

S. Clay Sparkman
The most important thing about working a pipeline–as you well know–is to keep your loans in motion.  They must not stagnate.  Always move forward or bail out (gracefully of course).  This is a critical secret to success, particularly in the challenging market we face now.
If you have a file that you have been [...]

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