Staff/ History - References - "Robarisms" - More "Robarisms"

"Robarism's" are comments, ideas and thoughts from Jon in our Hamburg office:

The only difference between Robar and any other lender is we’ve done more Barden Homes.

The true difference between a single and double close is whose putting money into the deal, out of whose pocket, and when.

There is no such thing as a free lunch or a free mortgage, just varying degrees of costs.

Experience: having seen enough to know you haven’t seen it all.

If sweat equity is more than paint and staining, don’t be surprised with 3 more months of construction.

Referrals…the cheapest, but also the strongest, form of advertising.

A 160k house won’t fit into a 150k budget without cash.

Production is #1…good customer service just helps achieve it.

An appraised value is an opinion of value, just because it might not match yours doesn’t mean it’s wrong.

Getting a mortgage is all about numbers, common sense left a long time ago.

Financing shouldn’t hold up a deal, changes after your approval will.

Spending more than you are budgeted means someone has to come up with the money.

Self-employed income: There is the number you tell me and then the number we use, (the one given to Uncle Sam).

Time is the only thing that will truly fix a credit profile.

I know with 100% certainty that rates are going to go up, go down or stay the same.

If you haven’t been able to save $10,000 during the last 10 years without a house, what is the likelihood you can do it while you are building one?

What you qualify for and what you can afford are two different things.

Prequal: just a number based on comments. Preapproval: a commitment based on verified information.

From a mortgaging standpoint: Certificate of Occupancy deals with Safety. Final Inspection deals with marketability.

When it comes to new construction…It seems that it is a whole lot easier spending for upgrades than it is figuring out how to pay for them.

Accurate, Reliable prequals…a good basis for any dealership!

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Registered Mortgage Broker and/or Lender: NY (Lic. No. A015908), NH (Lic. No. 8687-MBB, Licensed by the New Hampshire banking department), MI (Lic. No. FL0949), MA (Lic. No. MB-1273), ME (Lic. No. SLM8084), IN (Lic. No. 96-0181), PA (Cortland 15424.001, Hamburg 15424.002, Pa Branch 15424), CT (Lic. No.7760, Lockport FMLB 16891), VT (Lic. No. 5189, Broker Lic. No. 0295, Lockport Lic lender #5734, broker #0682) Banking Departments. Mortgages arranged through Third Party Providers.