Industry Terms
Loan Originators are paid commission based on this 2 word percentage.
What are Basis Points, or BPS?
The names of the Zillow founders.
What are Lloyd Frink and Rich Barton?
This person once met and posed with Kevin Hart
I list homes for sale and show homes to new buyers.
Who is Alan the Agent?
I flip pancakes and eggs
What is a spatula?
The difference between a home's appraised value or purchase price and the mortgage owed on that home is called this.
What is Loan to Value Ratio, or LTV?
Another term for a co-marketing lender.
What is a PAL, or Premier Agent Lender?
Best Selfie
James
I just completed a remodel to get the kitchen of my dreams.
Who is Harriet the Homeowner?
If you're looking to buy in Scranton, PA I'm the top rated lender there!
Who is Jason M Wiggins from HOMETOWN LENDERS, INC?
The ratio between a consumer's total monthly payment obligations and their total monthly income is known as this.
What is Debt to Income Ratio, or DTI?
The name of the mortgage company that Zillow purchased and the year of the acquisition.
What is Mortgage Lenders of America in 2018?
Who wore it best?
Manvir
I like moving locations every year or so and am not considering buying a home any time soon.
Who is Rick the Renter?
This is the most expensive property for sale in Seattle, WA.
What is 2033 1st Ave Apt 3, Seattle, WA 98121?
The job title of the individual that approves a mortgage application is known as.
What is a Loan Underwriter?
Zillow's headquarters is connected to this famous Seattle institution.
What is the Seattle Art Museum, or SAM?
Who had the best 1st job?
James
My kids have now moved out and I don't need such a large house. I'm looking to purchase a smaller home that's easier to maintain and more affordable.
Who is Shelby the Downsizer?
I protect your eyes on rare sunny days in Seattle
What are shades?
These are the 3 credit bureaus that mortgage companies use for qualifying applicants.
What are TransUnion, Equifax, and Experian?
The year that Zillow became a publically traded company.
What is 2011?
Who has most embarrassing story?
Manvir - "drowning in front of 30 other people from Zillow with a life vest on and then as an attempt to save myself pushing my girlfriend down into the water from her shoulders"
James - "when I was in high school I sat in some gum. The teacher asked me to write on the board and when I got up from the seat the gum stuck and ripped a hole in my pants. I stood at the board writing out the equation and had no idea why everybody was laughing."
Who is both James and Manvir?
I run a small business consisting of a team of Alan's. My mission is to find the best agents to grow my business around.
Who is Bruce the Broker?
According to Zillow, this is the U.S. Median Home Value (Zillow Home Value Index) as of November, 2020.
What is $263,351 ?