Do the clothes make the man?

October 11, 2017

Let’s review what you think your Mortgage Loan Officer should dress like.

1. A suit and tie

2. Sport coat, slacks and a dress shirt

3. Slacks and a long sleeve dress shirt

4. Slacks and a polo or other short sleeve style shirt

5. Jeans and a long sleeve dress shirt

6. Jeans and a polo or other short sleeve style shirt

Or can a Loan Officer even dress like the founder and CEO of Movement Mortgage in a T-shirt and jeans?

As the times change, so does the acceptable level of clothing choices, opening us up to a more “snappy casual” style of dress!!!!

What say you the consumer?


Lemonade Mouth

October 1, 2017

Girls found this movie #LemonadeMouth last night on #Netflix, we loved it! My kids love the new style of kid #musicals out there!

So let’s here it, what are some of your favorite musicals of today and from time past?


Movement Mortgage

September 26, 2017

As I get the new office up to speed I asked a coworker; “do you know where rolls of tape might be, I have a tape dispenser with no tape?”

Her expression was priceless and then she said; “what in the world would you need tape for, you have a computer right?”

Going to love it here – the World needs more honest people!!

#MovementMortgage


Movement Mortgage 

September 22, 2017

Wait, the CEO of the Mortgage company I am moving to wears a t-shirt to the office??

I am proud to announce I am #MakingTheMove to Movement Mortgage!!! Based in SC, founded in 2008 by cofounders Casey Crawford & Toby Harris! I will be based in Hall Park here in Frisco, TX with my official start date this coming Monday the 25th.

The company is built around rethinking how a mortgage process should work! I can’t wait to share more so stay tuned!!!


Prayers: Harvey, Irma, Jose and 9/11

September 11, 2017

As I thought about what to write today, all I could think about was how my heart goes out to those impacted by the recent hurricanes and who perished during 9/11.  I’d like to ask that we each take a moment every day this week to pray that God may bless and give comfort to all who need it as our country recovers from these tragedies. Prayer is a powerful tool, and united in prayer, I believe we can help make a difference in the lives of everyone involved. And, if your heart calls you to do so, go online and find a way to donate or volunteer in the clean-up efforts. Our former minister now lives in Houston, and I can help connect you to the relief efforts happening down South in you’re interested.

Geoffrey Davis – Mortgage Loan Consultant 

NMLS #206192
First United Bank & Trust

D: 214-529-9622

F: 855-239-6079
6401 S. Custer Rd.

McKinney, TX 75070


Seventh Annual Newman Village “Lemonade Stand”

September 4, 2017

Since we moved to Frisco over 15 years ago, we’ve seen lots of changes. But one thing hasn’t changed and that’s the community’s desire to try to give back and make the world a better place. As the Frisco Mortgage Guy, I love being involved in community outreach because it’s a way to give back all the blessings we’ve been fortunate enough to receive. Yesterday, we participated in the 7th annual Lemonade Stand benefitting “Kids Shouldn’t have Cancer, https://kidsshouldnthavecancer.org/  It was a great event, raising $40,000 for the foundation and increasing awareness around pediatric cancer.

As a sponsor we brought in Flipbooks for the kids, sold cherry limeades, original Davis Family Chex mix, had a Jelly Belly “guess the number” giveaway, a kids coloring station and gave a financial gift as well. Our best-selling item wasn’t a traditional lemonade stand treat, but handmade paper snowflakes made by our precious daughter Libby. She wanted to make a difference too and thought people might need a snowflake on such a hot day. She walked around in the heat with her little bag of snowflakes asking if people would like to buy one to stop kids from having cancer. Our other kiddos worked the booth and took turns walking the crowds with Libby. For me, and my wife Julie, this is an example of how giving to others is actually a gift itself. Watching our kids work hard to make the world a better place is priceless and continues to reinforce our belief in the importance of giving back.

Here are a few stories and photos from the event.

http://cw33.com/2017/09/03/newman-village-lemonade-stand-raises-money-for-kids-shouldnt-have-cancer/

http://lifestylefrisco.com/seventh-annual-newman-village-lemonade-stand/

Geoffrey Davis – Mortgage Loan Consultant 

NMLS #206192
First United Bank & Trust

D: 214-529-9622

F: 855-239-6079
6401 S. Custer Rd.

McKinney, TX 75070


How will ARMs be calculated without LIBOR?

August 28, 2017

A common loan product is the Adjustable Rate Mortgage (ARM) which is a loan product with an interest rate that shifts depending upon what is happening in the broader market.  ARMs have been heavily tied to the LIBOR (London Interbank Offered Rate) which is slated to go away in 2021. Why you might ask? The LIBOR has been the center of a multi-year scandal tied to manipulating LIBOR rates back during the mortgage turmoil of 2007/2008. Since then, it’s been unable to successfully capture the costs of banks borrowing from one another which is how ARM rates are set. At this moment, we don’t know what it will be replaced with but know that we all want something a bit more stable.

Meanwhile, if you’re in an ARM product, you most likely have language in your loan documents saying that if LIBOR should be retired, they will substitute it with another comparable index. I think this would be a short-term answer, while the industry seeks a better indicator to link to ARM products.

Geoffrey Davis – Mortgage Loan Consultant 

NMLS #206192
First United Bank & Trust

D: 214-529-9622

F: 855-239-6079
6401 S. Custer Rd.

McKinney, TX 75070