The right approach to mortgage lending
Mortgages are confusing and come with their own language. I help clients eliminate the mortgage clutter and break down the complex into simple and easy to understand terms.
It’s important to take the right approach towards your mortgage loan. A mortgage is the largest debt that most people will ever have in their lifetimes. Therefore, it’s important to think of a mortgage as a financial tool that should be integrated into a larger overall financial plan. This approach can potentially save you thousands of dollars.
As a Mortgage Professional, I have two primary roles:
1. Help buyers get into the best possible position to qualify for their mortgage. I have a firm belief that everyone qualifies for a mortgage loan. However, sometimes mortgage lending guidelines firmly disagree. When this happens, I advise prospective home buyers on the specific steps needed to qualify for any type of home loan, and how long those steps might take. For those that do qualify, there may be potential to improve their interest rate or loan program. If this is the case, we’ll talk about what actions to take in order to be in the best possible position to obtain the very best financing.
2. I educate and inform my clients, empowering them to make great decisions about the type of home mortgage they obtain. More significantly, I assist my clients in designing the perfect mortgage that is right for them, not for the bank. There are literally hundreds of ways in which a mortgage can be structured. Unlike other lenders, I can offer options that give my clients the ability to choose their own interest rate, help them make decisions about whether to include taxes and insurance in the payment, if it’s wise to pay mortgage insurance with less than 20% down, or if it makes sense to pay closing costs or not.
Some loan programs have restrictions while others do not. Understanding your options and how different loans work makes a big difference. Take the approach of being empowered with good information in order to design the perfect mortgage for your unique situation. This will result in you having a customized mortgage plan which can save thousands or even tens of thousands of dollars over the course of your loan.
People are talking
“The agents that work with Gabe have very high praise for him as a lender. He communicates in a way that is easy to understand, which is not always easy for people in the mortgage business. I would highly recommend Gabe for anyone thinking about doing business with him.”
Gene Thompson
Broker/Owner
Equity Northwest Properties
“It’s a proven fact that Gabe has been able to arrange financing when others could not. He is currently one of our best performing in house lenders for the communities that we build in. He’s an invaluable part of our team”
Troy Johns
Owner
Urban Northwest Homes
“Your staff reflects your dedication and professionalism to help those in the need. I will attempt to direct friends and associates to your company for their home needs and any financial restructuring they would need.”
John Cauchi
Client
“Everything that was told to us was what happened. Gabe was very helpful and without his help we would not have been able to close our loan.”
Judy Kubon
Client
“I couldn’t ask for better service! Everyone I dealt with gave 110% to make sure we were happy!”
Kevin & Kirsten Storm
Clients
“Gabe was extremely thorough and helpful. We learned a great deal and felt that our best interests were in his hands!”
Jeffery & Kristina Pinkston
Clients
“Everything exceeded our expectations! We will be recommending you to everyone!”
Diana Acuesta
Client
“You guys are great! I appreciated being served by someone who seems to truly care.”
Lyndon & Julia Hewitt
Clients
“You were all pleasant, helpful and efficient. I definitely would recommend you! Always willing to help, explain things, and keep us posted.”
Keoki & Marie Welsh
Clients
Professional Experience with a passion for his work
Thousands of clients have obtained mortgage financing with Gabe Terreson’s assistance. During his 16-year mortgage career, Gabe has been a consistent top performer as a Loan Originator, Mortgage Advisor, Sales Manager and Branch Manager, having had an ownership or management capacity in a mortgage company since 2000.
An expert in mortgage lending guidelines, Gabe is knowledgeable in the Fannie Mae and Freddie Mac Selling Guides, the HUD 4155 Handbook, and the VA Lender’s Handbook, as well as the specific Underwriting Guidelines for hundreds of different loan products offered by various mortgage lenders. This knowledge has allowed Gabe to help his clients obtain financing countless times over the years when other lenders couldn’t perform due to their Loan Officers not having such detailed knowledge and understanding of lending guidelines.
As a Mortgage Professional, Gabe seeks out excellence as a rule while training others in the business to raise their own level of expertise. As a result of Gabe’s commitment to serving his clients and business partners with the highest degree of ethical standards, he has reputation for doing the right thing, while giving an exceptionally high level of professional guidance to clients while serving his referral partners in such a way that helps them build their business.
Gabe stays on the professional cutting edge by attending national seminars, brainstorming with other industry thought leaders, and daily tracking financial markets.
Gabe has operated his residential loan origination business under the Home Team Funding brand since 2004, and currently works for one of the top mortgage banks on the West Coast. Gabe and Home Team Funding are members of a partnership comprising some of the brightest and most distinguished mortgage professionals in the Pacific Northwest, whose members include three past Presidents and the current President Elect of the Washington Association of Mortgage Professionals. This is an elite organization under Pinnacle Capital Mortgage, a mortgage bank that strives for excellence and attracts mortgage industry professionals with strong reputations.
About Gabe Terreson
Gabe…
- Created his first entrepreneurial venture at the age of 8 in San Francisco.
- Learned the value of referrals as a paper boy at age 12 in Hawaii.
- Harnessed available technology to explode his lawn and garden business at the age of 15 in Seattle.
- Obtained his real estate license at the age of 20.
- Began his career in the mortgage industry as a Loan Officer at the age of 21 and achieved the President’s Club for closed loan volume his first year in the business.
- Loves the mortgage industry.
In Gabe’s words…
I am blessed with an amazing family. I’ve been with my wife Kim since we met in 1996 in Whitefish, Montana. Our two boys, Gage and Cole, could not be more different from one another. One looks like his mom and acts like his dad while the other looks like his dad and acts like his mom.
As a husband, life is great if my wife is happy. My job description is to love, cherish, honor, protect and respect her. If I do a good job, all is well. If not, I’m not happy until I improve my performance. As a father, I do my best to prepare my boys for what the world will throw at them while also having as much fun as we possibly can.
We love to go on adventures of all kinds, enjoy family movie nights, visiting with friends throughout the Northwest, and rooting for the Seattle Mariners and Seattle Seahawks. We spent two amazing years at the Oregon Coast as I worked remotely, exploring every beach and trail we could find from Astoria to Bandon.
At every opportunity during every day life we replace fear, doubt and worry with bravery, hope and faith. We believe that life is a series of choices and that there is a correct response to all situations, even while experiencing challenges. We believe it’s a great life and encourage others to follow their dreams and passions.
Fun is the best thing to have. Live well.
