Cheryl and Clay talk more about keeping your data security safe as they process the clients' information.  We have to be smart to outsmart the bad guys who want their information.

Data Security and keeping your emails safe is the topic of today's podcast with Cheryl and Clay.

Take every precaution you can possibly take in keeping it safe.

Clay and Cheryl talk about the national epidemic of wire fraud and how to safeguard your clients' money.

Agents, learn about the wire fraud disclosure form and use it every time.

When it comes to data security keeping your desk clean and uncluttered from sensitive information is paramount.

Cheryl and Clay talk about data security. When dealing with sensitive information of their clients they take this seriously.  When you walk away from your desk make use of the screen saver so that prying eyes don't pick up something accidentally.

When getting your buyer pre-approved Clay and Cheryl talk about the things they should DO.

Make sure you discuss large deposits, all income, and anything else that may affect their ability to be approved for the loan.

Pre-approval before shopping for a home.  This episode talks about what NOT to do.  

Don't open new credit.

Don't start a new job or make new major purchases.

This episode Cheryl and Clay talk about assets.  This is what you will need for down payment etc.  The lender will want to verify assets.  They also talk about asset depletion.  Listen for more.

Income

The ability to repay--we have to demonstrate this.  How do self-employed, businesses, and bonuses come to play in this?  Have your loan officer help you walk through this process.

Credit

You may not have to wait as long as you think.  Va and FHA are only 2 years in some situations.  Check with your loan officer at Castle & Cooke Mortage to find out.