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New West Credit Consultants:

New West Credit Consultants:. Tom McKee Owner Rachael Roling Sales/Client Relations Based in Sioux Falls, SD New West Credit has been in business 6 years this month!

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New West Credit Consultants:

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  1. New West Credit Consultants: • Tom McKee Owner • Rachael Roling Sales/Client Relations • Based in Sioux Falls, SD • New West Credit has been in business 6 years this month! • Six years in business without ONE complaint with the BBB or the FTC. Not speaking about “resolved” complaints. Not one complaint… EVER! Contact either agency.

  2. Loan Officer Benefits First of all….. • Every“Credit decline” can be a Funded Loan!! 30-90 days……1 year?? • # of credit declines in a month: 8 Convert: 2 • Average commission: $1,200 • Monthly income increase: $2,400 per Month! $28,800 yearly! • How many additional loans can you fund with 50-80+ points?

  3. What’s New! Monthly Reports: You’ll receive a monthly update on every client! Free Educational Newsletter: Free “Unbiased” education on Credit and Credit Scoring. Not what the Credit Bureaus, FTC or “Credit Gurus” tell you….. CreditScoreTraining.com Our new Non-Profit company dedicated to educating consumers on the truthabout credit and credit scoring Credit Voucher Program--will explain further in a minute. Quick Booster Program--again, we’ll talk about in a minute.

  4. Additional benefits Create more business! • Better client retention--The “Credit Challenged will come back…as their scores increase, refinance them into better rates! • Add new referral sources: Realtors, Financial Planners, Accountants/CPA’s, Credit Unions, small banks etc… • Multiple loans from the same clients--You will receive referrals from these clients!

  5. What makes New West Unique? • Goal set with every client! Realistic AND Specific • Most companies “randomly” work on credit • Timeline: 30-90 days • Pricing: ½ the National Average • Customer Service: 10 yrs min. experience • Flex payment plan: client sets datesand amounts.as long as it is “within reason” • NOBODY HAS THIS PAYMENT PLAN….PERIOD!!

  6. Our Process: • Analysis and evaluation: Give client proactive advice • Legally Challenge ALL derogatory items: • Verification/Validation Process: which targets the Credit Bureaus and Creditors! (almost all companies just go after the credit bureaus only) • Multiple Challenge system=Multiple disputes within every cycle! This is a New West exclusive • Education: Minimum 10 years experienced reps No “templates” for emails or material. Full explanation of credit scoring, major factors etc…through-out the process.

  7. Credit Booster Program • Length: 90 days (3--30 day “cycles”) • Average score increase: 50-80+ points • Average percent removal: 30-60% • Pricing: $450 individual $700 couple ($200 discount!) • No hidden or additional costs! No junk fees!

  8. Quick Booster Program • Length: 30 days (1, 30 day “cycle”) • Average score increase: 20-40+ points • Average percent removal: 20-30% • Price: $250 individual $450 couple (Participants can always transition to the Credit Booster Program.)

  9. Loan Officer’s role It’s easy…. 1 Fax /emailcredit for a Free Analysis!! (877-294-9562) 2 Show Benefits/Provide Value Refinance: Show monthly savings! Purchase: Ability to buy- lower down paymentpluslower rate! 3 Make sure the client is MOTIVATED. 4 Sit back and wait for a qualified client!

  10. Client Responsibilities: • NO NEW NEGATIVE INFORMATION! • DO NOT INCREASE BALANCES ON REVOLVING LINES OF CREDIT (Debt to credit ratio) • NO NEW INQUIRIES (call New West)

  11. New West Technology • Proprietary Website—(no template!) • 128 bit secure encryption • Client and Loan Officer have 24/ 7 online access to results/progress • Reports in electronic format and can be emailed at your request • Online sign-up form with immediate callback to client • New website improvements: Automatic e-mail updates to LO and client every 30 days…..

  12. New West’s Credit Voucher! • Give referral a signed “credit voucher” for a portion or all of the costs to improve their credit. • You then “refund” them this amount upon closing the loan. • This ensures a higher sign-up rate and that they come back to YOU when closing!!

  13. Thank You All • New West Credit Consultants has a very basic mission statement: To help improve clients credit scores so they may obtain better rates and terms, whether purchasing or refinancing a home. • Helping Loan Officers and Mortgage Companies fund more loans thru financing declined files! • We enjoy a very professional and personable relationship with all of our referral sources and clients. • We look forward to working with all of you and appreciate your referrals.

  14. Why hire someone when I can do it myself? • Federal andState credit law Compliance! • Keeping track of changes in the industry • Organization. Keeping accurate and timely records of ALL correspondence! • Avoidance of “Frivolous” dispute status! • What’s Legal…..what is ILLEGAL? • Focus on what your best at: Funding Loans!

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