The Loan Story

The Loan Story updated their address.

A friendly reminder to all our valued clients, Don't forget to pay your property taxes before you're assessed a late fee!!

What a career fair at on Halloween! If you could be anyone, what would you be?

Learning how to "Talk to Strangers" with Malcolm Gladwell.
The Loan Officers at The Loan Story are always looking for new ideas to help our customers!

At The Loan Story, we never stop cultivating our creativity! A Sushi making competition is a perfect stage. Guess who was the winner of the night? !

8 Hours of continue education for NMLS license renewal ✅

CoreLogic reported that home prices rose 0.4% in June and 3.4% year over year. The year over year reading moderated from 3.6%, but remains at sustainable and very meaningful levels for wealth creation. CoreLogic forecasts that home prices will appreciate by 5.2% in the year going forward, which is very strong, but slightly lower than the 5.6% forecasted last month.

CoreLogic Home Price Index CoreLogic reported that home prices rose 0.4% in June and 3.4% year over year. The year over year reading moderated from 3.6%, but remains at sustainable and very meaningful levels for wealth creation. CoreLogic forecasts that home prices will appreciate by 5.2% in the year going forward, which is v...

Work hard, celebrate hard! Power Hour followed by a Happy Hour. Back to EMC at Santana Row. Their happy hour menu is a gem!

Pending Home Sales, which measures signed contracts on existing homes and is a good leading indicator for Existing Home Sales, were up 1.1% in May. This was slightly stronger than expectations looking for a 1% gain. Pending Home Sales are now down only 0.7%, improved from down 2% year over year

Pending Home Sales

Paint Nite! Showing our creativities!

Picture day! We took a break to show off our modeling skills.

Existing Home Sales
The Existing Home Sales report for May, which measures closings in May and likely represents buyers shopping for homes in March and April, increased 2.5%. This was almost twice as strong as the 1.3% gain expected. Additionally, the April report was revised slightly higher. Without the revision, sales are up closer to 3%.

Existing Home Sales The Existing Home Sales report for May, which measures closings in May and likely represents buyers shopping for homes in March and April, increased 2.5%. This was almost twice as strong as the 1.3% gain expected. Additionally, the April report was revised slightly higher. Without the revision, sale...

The National Index, which covers all nine U.S. Census divisions, reported a 3.7% annual gain in March, down from 3.9% seen in February. The gains were led by Las Vegas, Phoenix, and Tampa.

Case Shiller HPI

Housing Starts, which gives us a reading on new construction, were down 0.9% in May...but that doesn’t tell the entire picture. The previous report was revised higher by 3.7%, which makes today’s figure appear lower. Without the revision, Starts are higher by 2.8% when compared to last month. It should be noted that multi-family starts were higher, while single-family starts were at a 3-month low. This tempers the overall strength in the headline number over the past two months. Permits, which are a good forward-looking indicator, were up 0.3%, with little revisions to the previous report. Single family Permits, which are the most important, were up 3.7%.

Housing Starts Housing Starts, which gives us a reading on new construction, were down 0.9% in May...but that doesn’t tell the entire picture. The previous report was revised higher by 3.7%, which makes today’s figure appear lower. Without the revision, Starts are higher by 2.8% when compared to last month. It...

At The Loan Story, we build true teamwork. You will be shaping the company future with the loan officers. We value INTEGRITY, QUALITY, CREATIVITY AND SIMPLICITY. Our goal is NOT getting the most volume of business, but seeking the highest customer satisfaction. This is a company that your voice will be heard; your concern shared; your dream respected and realized. And this is a fun group. We have company fun committee that devise monthly activities to drive the collected energy.

We do business by referrals only. You will be dealing with clients who trust and respect our work.
We are seeking a person who cares about career growth, eager to expand knowledge and experience, loves to share ideas, and wants to have fun while developing a real career with a unique group of people.

Duties include:
- Data entering for loan application
- Monitoring loan files from origination until closing, working directly with Sr. Loan Officers and Sr. Processors as a Liaison
- Preparing and/or reviewing client documents
- Coordination of loan closing and post closing follow up
- Assistance with marketing
- Other administrative and support duties as needed to the Sr. Loan Officers

- Potential to grow into management position

Processors with less experience but with strong verbal and analytical ability are welcome to apply.

- Knowledge of Calyx Point a plus

- College Degree preferred

- Second language a plus

- Min 1 year working experience in any business field

Pending Home Sales, which measures signed contracts on existing homes and is a good leading indicator for Existing Home Sales, were down 1.5% in April. This was a slight miss – The market was expecting a 0.9% gain. But March was very strong and was revised slightly higher. Pending Home Sales are now down 2% year over year.

Pending Home Sales Pending Home Sales, which measures signed contracts on existing homes and is a good leading indicator for Existing Home Sales, were down 1.5% in April. This was a slight miss – The market was expecting a 0.9% gain. But March was very strong and was revised slightly higher. Pending Home Sales are n...

CoreLogic released their Loan Performance for the month of March, and everything was still the same. The health of loans continued to be strong - Loans 30 days or more past due remained stable at 4.0%, while seriously delinquent loans, which is defined as 90 days or more, remained at 1.4%. Seriously delinquent homes in foreclosure also were unchanged at 0.4%. Incomes and home price growth continue to support strong loan performance.

CoreLogic Loan Performance CoreLogic released their Loan Performance for the month of March, and everything was still the same. The health of loans continued to be strong - Loans 30 days or more past due remained stable at 4.0%, while seriously delinquent loans, which is defined as 90 days or more, remained at 1.4%. Seriously...

Yesterday our loan officers had a "Power Hour" of networking with real estate agents, followed by "Happy Hour" at Santana Row's EMC Seafood.

Thank you to everyone who "Likes" our page. We met our goal of 100!

Thank you everyone for your support of our new page. It will only get better!

Welcome to the new page for The Loan Story.