Dave Luchini

In developing any potential growth strategy, a company needs to better understand, maintain and expand their origination sources. Today's volatile market is certainly no exception. Regardless if volume further contracts under current or future economic conditions, development of strategic alliances inside and outside of residential mortgage lending will yield positive results. Continued restriction and or elimination of wholesale and correspondent business models will place additional focus on innovative approaches to origination opportunities and further expand the definition of strategic alliances throughout the real estate community, which has been our primary motivating force. Our objective has been indemnifying, cultivating and capitalizing on every existing and potential strategic alliance throughout the real estate community.
Our mission is to create value through a two-fold customer relationship experience, then measure and protect that value creation through the life of the loan and life of the business partnerships formed. Through consummate service, quality products and proficient performance, deliver an unparalleled experience for our partnerships and mortgage clientele. The direct benefits yielded by leveraging our mission are:

• radically increase Real Estate professionals productivity
• drastically decrease time and resources originators spend originating new loans
• create partnerships between referral sources that offer complementary services
• create successful and sustainable homeownership through responsible lending
• create an enjoyable mortgage experience through communication and competence

Specialties
Highly skilled in conceiving and implementing creative marketing strategies and sale tactics. Competent in establishing and enhancing business relationships including a respected mortgage based following in the Greater Bay Area. Experienced and skilled in hiring and training retail mortgage associates. Possess exceptional communication skills in both written and oral expression. Industry trained proficient in newer residential lending rules (QRM) and Dodd Frank, consumer and protection act.

Contributions to Lender411

Blogs Real Estate: December results Jan 24th 2012 Mortgage Rates: Did you know? Jan 20th 2012 Refinance: Refinance Tips Jan 10th 2012 Refinance: Great time to consider refinancing Jan 5th 2012 Mortgage Rates: Rates and the Treasury auctions Dec 14th 2011 more... Answered Questions Lender411.com: Does every lender do a VA home loan? Jan 6th 2012 more... Contacted consumers with following loan scenarios California, Home Refinance, Excellent Credit, Amount: $280,000, LTV 46% Apr 10th 2012 California, Home Purchase, Excellent Credit, Amount: $615,000, LTV 76% Apr 1st 2012 California, Home Purchase, Good Credit, Amount: $567,500, LTV 93% Jan 19th 2012 California, Home Purchase, Excellent Credit, Amount: $640,000, LTV 75% Dec 20th 2011 California, Home Purchase, Excellent Credit, Amount: $325,000, LTV 76% Dec 13th 2011

Mortgage rates were little changed this week, with rates on 30-year fixed-rate mortgages at or near 4 percent for the third week in a row, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey. Rates on 30-year fixed-rate mortgages averaged 4 percent with an average 0.7 point for the week ending Nov. 17, essentially unchanged from 3.99 percent last week and close to the all-time low in records dating to 1971 of 3.94 percent seen during the week ending Oct. 6. At this time a year ago, rates on 30-year fixed-rate mortgages averaged 4.39 percent before climbing to a 2011 high of 5.05 percent in February. Rates on 15-year fixed-rate mortgages averaged 3.31 percent with an average 0.7 point, little changed from 3.3 percent last week and close to an all-time low in records dating to 1991 of 3.26 percent seen during the first week of October. At this time a year ago, 15-year fixed-rate mortgages averaged 3.76 percent, before climbing to a 2011 high of 4.29 percent in February.