Meet Andrew Loyed, an Elevations Mortgage Mortgage Officer 

If homeownership, investing in actual property or refinancing an current property is in your to-do listing, Elevations Credit score Union would love that will help you take the subsequent steps. Andrew Loyed of the Elevations Credit score Union Mortgage Staff is able to reply questions, supply options and supply steerage alongside the way in which. Study extra about Loyed’s method to residential mortgage mortgage origination. 

“You might not want as a lot cash as you suppose.”  

These phrases come from Andrew Loyed’s expertise aiding Elevations members with their goals of being householders and property buyers. The hot button is shopping for a property that matches your wants — which could be, for example, a one or two-bedroom rental fairly than what you see everybody else in your circle shopping for. 

“For those who’re single, a four-bedroom home could also be an excessive amount of in your present wants,” Loyed stated. “When you get performed with that, you’ll be able to flip that over and get a much bigger place or hire it and create passive revenue for your self.” 

It’s such a strategic pondering that has propelled Loyed ahead in his mortgage profession and helped many skeptical Coloradans get keys to their very own houses. 

“I really feel like creativity is the largest half,” Loyed stated. “Simply because an individual checks a sure field doesn’t imply that could be the best choice for this particular person. I believe actually getting their needs and wishes out of the transaction is essential.” 

How he approaches mortgage origination 

Loyed companions with residential mortgage candidates trying to purchase or refinance property in Colorado. In relation to first-time homebuyers — or those that haven’t bought shortly — he actually enjoys specializing in educating them in regards to the present course of and mortgage choices. Loyed additionally works to dispel the parable that you must have some huge cash within the financial institution to purchase a house. 

“That is rather more of a chance than you or your loved ones has ever thought,” he stated. Loyed says all it takes is partnering with somebody like himself who will provide help to devise a plan and transfer via it one step at a time.  

“There are some guys I went to highschool with and their households had all the time rented in the identical a part of city,” Loyed stated. “That confirmed me there are lots of people that do not know homeownership is even doable for them. I believe it’s superior and I’m all the time prepared to clarify learn how to assist make it occur.” 

Every now and then, Loyed companions with native actual property brokers and hosts desk conversations for individuals inquisitive about getting concerned in homeownership or funding properties. What’s his objective? He strives to have an open, trustworthy dialog about what it takes to get a mortgage and reply any questions that pop up. Study extra about upcoming occasions and seminars right here. 

Discovering a match at Elevations 

Previous to becoming a member of the Elevations Mortgage Staff in October 2020, Loyed labored at a federal credit score union within the mortgage division. In 2011 he began out as a processor, then moved into originating and administration roles. Throughout this time he was capable of see the method for a lot of loans and study via repetition what works and what doesn’t. 

Through the previous two years at Elevations, Loyed found how a lot he enjoys his autonomy to method mortgages in his personal manner and the collaboration the corporate presents by having in-house processors, assistants, operations and administration.  

Along with additionally loving the tradition and neighborhood, he added, “I believe we do a superb job of conserving all people interconnected. The assist we’ve is absolutely unmatched throughout the trade.” 

Loyed stated he enjoys how administration creates new applications that align with present market situations and are sometimes outside-the-box in nature, to allow them to align with members’ wants whereas staying aggressive within the Colorado mortgage market. 

Past rates of interest and loans 

When Loyed isn’t educating members on the mortgage course of, he’s spending time along with his spouse and two youngsters, ages 10 and three. As a household, they take pleasure in tenting, mountain climbing, snowboarding and having fun with all the gorgeous outside adventures Colorado has to supply. 

Loyed additionally enjoys {golfing} and fishing. And, he’ll by no means move up a proposal to satisfy with a member on the golf green to go over mortgage concepts whereas absorbing the sunshine. 

Are you prepared to talk about your mortgage wants? Contact Andrew Loyed (NMLS# 766629) by cellphone or textual content at 850.554.5350 or through e-mail at andrew.loyed@elevationscu.com. He’s additionally visiting with members in-person on the Elevations Credit score Union Fort Collins Midtown department and the Greeley Mortgage manufacturing workplace. Video chat conferences are additionally out there.