There are some little nuances within the lending side of things, but it’s again, it’s something that’s totally doable, but you are correct. A lot of times I do see people refinance their home and they don’t even really think about the trust. So what happens is it just naturally goes back into their name and then what we see is a month or two later they’ll get with their, uh, you know, their trusted attorney and they’ll go ahead and put it back into the, into the trust name that offers Trust Attorney Las Vegas.
And that’s just a matter of, you know, formerly rerecording it with the County showing that it’s in the name of the trust. Um, I will caution you though, removing somebody from title when it’s financed and they’re on the loan is a big no, no. Okay. Yeah. That’s good to know. Um, yeah I think, I think you brought up a good point cause I always get the email or the phone call, it says Hey we’re closing in two days and title needs a copy of my trust because we need to take it out when it comes to Trust Attorney Las Vegas. And that usually tells me okay they didn’t know about it. And also shame on title they didn’t do their title check until two days before. They should have known well before that that this was going to be an issue. And then you know, we have disclosure clients should tell them, Hey it’s titled in the trust but they usually don’t know that they don’t know the difference. So it really comes down to that trusted professional we were talking about that asks that question in front. How is house title? And they can search it really easily, especially here in Clark County. Everything’s online. You search the property address, you can see who the title owner is and what did that make sense for them to do it. And unfortunately, I hate to say this, a lot of times it just comes down the laziness. It really comes down to just the loan officer not wanting to
do the extra work. Maybe they have to do a little research to figure out how to do it that way, but it’s doable. It’s just a matter of
willing to do it. I, but yeah, it can be done. All right, so any other things that people should look out for when they’re, they’re looking for a qualified, trusted lender. What type you, we talked about interview and we talked about questions they should ask what solid Trust Attorney Las Vegas can do for you. What other things should they be on the lookout for to make sure they’re dealing with someone who’s honest and knows what they’re doing? The
N M L S is the database. That’s where our, that’s where our mortgage loan originators licenses or hell, that’s the database. That’s our, that’s where our licenses are maintained and it’s open to the, so you just have to go to the N M L S consumer. You could literally just Google N M L S consumer and it’ll take you to the link where you could just go in there and you could punch in the loan officer’s name and you’ll get their license number. Um, and you’ll also see where they’ve worked in the past and if they have any type of derogatory fines against them with a better Trust Attorney Las Vegas. So it’s all clear. It’s all public record. So you’re, you as the consumer are free to go and research that and see if there’s any blemishes on the loan officer’s history. You also want to pay attention if they bounce around a lot, if you see them hopping from shop to shop every 12 months, you might not want to, you might not want to stick with that loan officer and then also look at their number.
It’s, it’s just sequential. So the higher the number means the newer they are, the lesser of the number means that they’ve, they’re, they’re more of a veteran and they’ve been around so a lower and an MLS number would be better. Um, so that, those are just some three tips that you could look for when you’re actually searching the database other than just interviewing the loan officer themselves and as a national mortgage licensing specialist or um, it’s a service. Yeah. So, so that’s, that’s what the M L has just cause it’s probably hard to hear whether we’re saying MRN, so national mortgage licensing service, so and M L s.com or.org. Uh,
I believe, I believe it’s dot com well, I will research it while we talk. Yeah. Pretty, pretty easy for people to, to type either one. So that’s a great service to, to go check out. Um, as always, I think, you know, you mentioned you work by referrals. We work by referrals. Talk to people, say, Hey, who did you use? Did you have a good experience for a nice Trust Attorney Las Vegas? Everything’s online now with reviews. Check out their reviews online, their Google reviews. If they’re not getting that, they’re probably one old school and maybe not as familiar with all the tech stuff and you know, all the advantages that may be out there, but also it’s, they don’t have the history there. So you want to see who’s, who’s reaching out, talking to consumers and aware of what’s going on. So those are some great things you can look out for. We covered a lot of ground here. Anything else that you want to cover before we finish up with the show today?
can we talk a little bit about credit? Yeah, I think that’s a great, great topic. Let’s talk about credit.
Credit is so important and it impacts you in so many ways. And me personally, I wish, I wish I knew how important credit was when I was younger.
Because, you know, I just, I was silly when I was younger and I really didn’t know the importance of it. But credit is so important when it comes to getting approved and it’s, it really will determine whether you qualify or not. Um, it, you, the, the secret to credit and, and, and people, people may roll their eyes and not believe me, but the secret to credit is credit cards. Okay? Revolving debt is like 30% of your score and the fact that you’re making payments on time to recieve Trust Attorney Las Vegas. So if you do not have any credit cards on your credit history, you’re basically eliminating about 30% of your potential score just by not having them on your, so you may never even get above a six 30 if you never had a single credit card in your life. So when I say credit cards, what I mean by that is you really want to keep your balances low.