Lending Enterprise Whittier California

I had a chance to stop back by Lending Enterprise. On this visit I got to sit down and chat with several of the people who work there.

Of course I talked quite a bit with Melinda, the owner. But I also had a chance to talk with others in the office as well.

I found out that Lending Enterprise does all kinds of loans.

While they do a lot of loans for residential, they also can help with commercial loans.

I have talked with local real estate agents who speak quite highly of Melinda and Lending Enterprise.

I know several real estate agents have said the Lending Enterprises can often find solutions to difficult financing problems. In the videos you’ll hear of some of the issues they specialize in solving.

Lending Enterprise can help with low credit scores as well as challenging income statements.

This would apply to those who are self employed or have small businesses.

Lending Enterprises also can help with commercial loans and the extra difficult to finance, mixed use loan. I know getting financing for kennel properties has always been a challenge. At least all the old A1 zoned kennels I have worked with in the past.

Here is a video I did the first time I went out to visit with the Lending Enterprise crew.

They also do have a real estate agent who works in the office with them.

The Lending Enterprise Group

To get a better idea of some of the specialties of Lending Enterprise I did a group video of the core group. They each have areas that they focus on. While Lending Enterprise dose a wide variety of financial products they seem to have a knack for helping when folk find themselves in a bind.

Here is the raw transcript of the group video:

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crew.

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Who wants to start off first telling us what what you

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do here? I can start. My name

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is Melinda Estrada and we are a mortgage brokerage. We

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help renters become proud homeowners and we

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have homeowners invest using their Equity or the

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savings to become investors. Very good. Yeah.

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I know all of you kind of have a little specialty you

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do real estate. Yes on the real estate department of

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lending Enterprise. We help you everything from name negotiating

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contracts to getting that sweet home

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that you want.

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Very good and your specialty. My

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specialty is first time home buyers, and

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also focusing on the Asian

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Pacific Island community and educating.

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And what languages do you speak I speak Tagalog? Okay.

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Okay, very good.

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and

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okay.

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And Roscoe 19 and that was

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a propia casa. I think yeah now espanyol.

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That’s right. And you

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keep everybody in line. So they have the right

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mindset, right? That’s right. That’s right. I

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am here for the team and keep everything

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running smoothly and we are growing

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together and we serve our customers. We have

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great customer service and we’re happy doing what

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we do. So you’re the coach the team

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coach, right? Yes team coach. I’m

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the cheerleader. I’m the shoulder to cry whatever he

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is

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a great coach. So is all of your doing

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the whole hand holding for your customers.

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He’s helping hold your hands, right?

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Kids with the tissue and that’s together.

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In any other information that you have

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for people or Specialties that you work on

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or I know that you there’s a whole lot that

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goes on behind the scenes everything you do. There’s

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a lot behind the scenes and nobody ever hears about

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or even as aware of that is very true.

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And so we can yeah share a little bit. We were

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just talking about you know, what is the our favorite

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part of our career industry. What

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do we like best and I like

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helping the underdog I like of

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course, I like helping everybody. However, those who

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come to us that were turned down by somebody else and they

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are discouraged and you know, it’s all it’s

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been said if anyone can do it we can do it. We really

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do put our thinking caps on all of the

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years of experience that we have together. We come up

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with Solutions where other places and other little officers simply

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don’t want to or they’re not able

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to yeah, so we really do like to help those

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May have been turned on somewhere else. And because we’re

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a brokerage we have over 150 different

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lenders to work with and those lenders even

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have hundreds of programs. So like I said if they

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if it can be done we can do.

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I think you were mentioning earlier that you help

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people who are self-employed or have their own business. I

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know when I was looking to buy a house that was

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kind of a problem because you know,

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what, do you have your tax returns? But yes,

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we definitely understand self-employed borrowers,

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you know, when we’re self-employed as most of us here

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are

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When we do our taxes, we have a very good tax preparer. So

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they possibly can write off a lot of deductions. Therefore

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our net is very low. How

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do you qualify with very little income?

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Well, there’s a lot of different programs. We have

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the bank statement program. You give us 12 months bank statement. We’re

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gonna add up all your deposits. That’s gonna be your income. We

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have a profit and loss. We’re your CPA

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tax prepared just gives us a profit and loss. We

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all have a program where you just give us your 1099. Yeah.

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So there’s a lot of different programs available. And I

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know that not everyone

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talks about it. So it’s important that we let people

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know that these type of programs are available.

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11 Brokers are better. We love being workers. What’s

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the percentage of self-employed or small

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business owners that you work with?

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I’m gonna say like half. Oh my yes,

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we’re gonna get a lot of stuff employed Borrowers.

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Who were able to help them become proud?

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Cool, and you do all residential right?

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We do Residential and we do commercial. Okay.

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So you do commercial a mixed use mixed use.

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I’m excuse you can’t ever get low. So how

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do you want the

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right down payment? You’re right and and

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Candice is actually working with a client right now with a

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low credit score. You don’t have to have what

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a lot of people think 700 800

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FICO score to buy a home what score

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we working on your client 550 so early

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interview, I

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did mention and just to Melinda’s Point.

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These are challenges that we face as long officers. We have

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clients that come in all the time from previous transactions where they

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didn’t have a great experience and we have to kind of

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hold your hand through that right and ensure that

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this process is a little different, you know, we might be asking for

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the same thing. So one of the challenges is letting our clients

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know that we are

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To help, you know, we are here to find a solution not just turn

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them away. And even if they’re not ready to date we know

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that we can come up with the structured plan and it followed

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we can achieve their goal of home ownership don’t opportunities there

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for everyone to seize but you won’t know until you

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call. So give us a call. Okay, very good. Our pre-approval

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process is free. Right. So we

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just had to come down talk with us bring a few of your paperwork and

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documents and we review it’ll let you

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know where your point a is and we will put you on the right path the

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point B, which is proud homeownership.

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Very good. That sounds like it

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could be very exciting for a lot of people. Yes. The opportunities

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are there. Yeah, so

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you don’t don’t listen to the hype that

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it’s not a good time or no for that rates

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are too high. There’s ways to get around that or the sour

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can’t buy down your rate for three years.

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And so a lot of things can change in

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three years. So there are solutions. The best

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time to start investing is yesterday. However, might

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as well so today thank you.

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I do that’s very true. So one of our challenges

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if we have a minute one of our challenges what the

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media says with the new says and what the

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neighbors cousin sisters babysitter says, right

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everyone seems to know what is going on. However

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Go to a professional go to someone who has been doing this for

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many many years personally. I’ve been doing this for 25 years.

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So I always recommend go to a professional because

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the programs are there. The one

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Andrew was sharing with us. It’s a great program. You get a

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3% lower rate the first

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year, it’s lower the second year and the third year, you

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know, so it’s another great program.

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nice

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Okay, what’s your phone number? Yes. My phone number is five

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six, two six three nine one six nine

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zero five six, two six three nine one six

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nine zero. It is my cell phone. I have a texter you

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can call or text and I do work with my cell

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phone follow us follow us. That’s right. Lending Enterprise

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Instagram.

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Give us a follow very good. Well, thank you. It was

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a joy to talk to all thank you.