resources

ChatGPT Prompt Guide for Real Estate Agents

Weekly Mortgage Market Update Video-June 23rd, 2025

Why Buyer’s Agent Representation Is Important

Contact me if you would like this customized for you!

Seller Concession Realtor Cheat Sheet

Get Paid To Own A Home!

Are you looking to invest in real estate? Say goodbye to high down payments! Our new minimum down payment requirements for 2-4 unit properties make owning real estate more accessible than ever. Start building your portfolio today with ease and confidence. Get in touch to seize this opportunity now! See attached flyer!  Let me know if you would like to talk about this or any other programs you want info on!  Now registered to Mortgage Lend in 45 states. We are here to help you and those you know even if it’s with relocating! 

Approved Without The Wait

Need fast, local lending support on weekends with guaranteed loan approval in 1 business day for your buyers?•Our new InstApproved program issues same day approval to your buyers!•Example scenario of a recent client was:1) Looked at homes on the weekend and found “the one”.2) Realtor had the buyer call me on a Saturday…talked to the client and had them complete our secure, online loan application3) Immediately reviewed and send them a needs list of documentation to upload through our secure LoanFly portal4) Buyer uploaded all their documentation, I reviewed and provided a preapproval letter for the offer5) Buyer got their offer accepted Saturday night!6) Next day on Sunday I locked the buyer’s rate in to protect their terms7) Next business day on Monday we sent the file to underwriting at 9am that morning and had FULL LOAN APPROVAL by 5pm that same day.8) Closed in 12 days!9) Buyer was happy and referred their friends to us 10) Lets do this for you and your buyers!

One Time Close Construction Loan-Building Your New Dream Home!

With a one-time close loan from Cornerstone, you can secure both short-term construction and long-term financing at the same time. You’ll lock your interest rate before construction starts. And once your new home is ready, the loan conveniently converts to your permanent mortgage.One-Time Close Benefits•Avoid higher rates – and higher mortgage payments – by locking your permanent mortgage rate in advance.•Save time by applying for just one loan instead of two separate loans.•Save money with just one set of closing costs instead of two.•Make interest-only payments during the construction period.•Choose the construction timeline that works for you and your builder.

BulletProof Buyer

FirstHomeIQ Mission

Find out your FirstHome IQ score by taking our quick quiz herehttps://www.firsthomeiq.com/getmyscoreI’ve taken a heartfelt step towards a cause that deeply resonates with me - financial literacy and responsible homeownership. I’m proud to announce that I am now an Ambassador for FirstHome IQ, a new nonprofit with a mission to tackle the financial literacy crisis in our nation.Every time I close a deal, a part of my commission will go directly towards empowering the next generation with the knowledge they need to make informed decisions about homeownership. As an Ambassador, I’ll also be committing my time to educate and inspire our future homeowners. I believe that knowledge is power, and by equipping our young people with the right tools, we're paving the way for a better future for everyone. I would like to invite my colleagues and friends to join me on this journey. And to my clients, know that your transaction is now part of a larger movement for change. Together, we can help end the financial literacy crisis.

Jumbo Loans Made Affordable With Temporary Buydowns

Our newest temporary buydown program guarantees you a reduced interest rate and lower monthly payments for up to the first 2 years of your jumbo loan!

Download Our Digital Business Card

https://card.winlocal.com/the-niles-team Click the link above or scan the QR code on your phone to download for free The Niles Team digital share card which gives you access to all of our lender and real estate resources! *Complete our online loan questionnaire to get fully approved for our Power Purchase Certified 10 Day Close Loan Program *Sign up for one of our upcoming free homebuyer classes *Schedule a 15 minute dreams & goals pre-purchase call with our team to get your mortgage and real estate questions answered *Check out our online reviews from happy clients and real estate partners We look forward to serving you! The Niles Team

Getting A VA Loan Doesn’t Have To Be Hard

APR Can Cost You!

Know The Score-How Credit Scores Work And Why It Matters

Your First Home-The Happier Way To Buy

How To Shop For A Mortgage

Hello,If you’re reading this, chances are you’re interested in getting the very best mortgage you can get. That’s why I wrote this book. I believe everyone deserves the right mortgage — not just any old mortgage advertised online, but one that actually helps you build wealth. You’re unique, and your mortgage should fit you like a glove.Not all mortgages are created equal, and neither are lenders. Use this book to navigate the market. From picking a lender to selecting a loan, learn how to think about mortgages and the lenders who provide them, so you can get the right mortgage for you.I’d love to work with you to help you select the right mortgage to achieve yourfinancial goals. Let’s schedule a 15-minute get-to-know-you call (here is a link to schedulehttps://calendly.com/thenilesteam/15-minute-pre-purchase-consultation) to see if I can help you. We’ll talk about you, lending and life. And I guarantee, it will be fun.To your future,Ryan Niles, NMLS #357455Cornerstone Home Lendinghttp://www.NilesTeam.com

LoanFly

Welcome to LoanFly! The app and online portal that makes buying a home plain easy. Whether it's your first home or your tenth, LoanFly has all the tools to get you from start to home, so let's take a look! Watch the video above and other information to the right for more information and make sure to download The Niles Team LoanFly App at www.loanfly.com/thenilesteam.

The Niles Team and Cornerstone Mission Statement

Licensed in 45 States + DC!-We Are With You From Start To Home

Planning to relocate out of state? Have friends and family in other states who are looking for a great lending team? We’re here to help! Cornerstone Home Lending is now registered in 43 states, plus Washington, DC!The Niles Team is here for you!• 18+ years of experience• Focused on home loan education• Responsive local team serving families in our community• Solution-oriented communication• On-time closing commitment• A variety of unique loan programs

Waiting Periods To Buy A Home

How long do I wait to buy a home?Here are waiting periods based on loan product type and whether you have had a recent foreclosure, short sale or bankruptcy.

Why Work With A Certified Mortgage Advisor?

6 Mistakes To Avoid When Obtaining A Mortgage1. Over Shopping Your LoanWhile some customers are ONLY focused on rates, you should seek the guidance of a Certified Mortgage Advisor member that is willing to speak with you about your loan options. There areliterally hundreds of loan products available and every borrower has a different financial situation and financial goal. We highly recommend having a consultation with a CMA originator so they can tailor a program to meet your individual needs instead of focusing exclusively on rates and points. You may likely find a better product than one you were shopping for.2. Trying To Hide Past Financial DifficultiesOne of the important services a Certified Mortgage Advisor offers is helping you overcome past financial difficulties that may hinder your ability to have your loan approved. Supply the information that will help your loan originator provide you with the most suitable rate and terms and minimize the impact of your past credit history. The fact that you have recovered from the past financial problems makes you a better risk than others who haven’t yet faced these challenges. Overcoming past financial difficult proves that you honor your commitments and don’t give up.3. Allowing A Loan Officer To Put Misleading Or Untruthful Information About Your Income, Expenses Or Cash Available For Down Payment On A Loan Application In Order To Get A LoanProviding untruthful information on a loan application is fraud. Mortgage fraud is prosecuted by the federal authorities, and they WILL find out about fraudulent information. Do not allowyourself to become an accomplice of loan officer’s fraudulent loan application. Even if a loan officer fills in information for you, if you do not believe the loan application is 100% truthful, you should refuse to sign it until the loan officer corrects the application. While many loan officers try to “help” borrowers by misstating the facts, the truth is that they are simply getting themselves and their borrowers into a lot of trouble.4. Borrowing More Than You Can RepayAll of us understand that we may have to stretch our monthly budgets a bit to afford the homes we want. However, you will put your entire financial health in jeopardy by buying a home you simply cannot afford. If you buy an expensive home and find you cannot make the monthly payments, you could face a huge loss when you have to sell that home quickly to get out from under your mortgage. Or worse, you could be forced into foreclosure or bankruptcy. It is much better to be patient, buy a home you can comfortably afford, make payments, build equity and then transition into a larger home after a couple of years. Yes, the larger home will cost more then, but the home you purchased will also have appreciated during that time. Most importantly, you will have built a successful financial foundation that allows you to experience all of your dreams, including that dream home.5. Not Getting It In WritingSince purchasing a home is often the largest financial transaction of a consumer’s life it pays to always get a copy of all of the documents you sign at the time of loan application. Don’t be afraid to ask your loan officer any questions that arise during the process. Remember, there is no such thing as a dumb question, especially with a financial transaction of this size. Some of the documents to pay particular attention to are the Fee’s Worksheet that will provide you with a breakdown of your proposed monthly payment, your closing costs, and the amount of funds you will need to come to the closing table with. It is mandatory that a lender provide you with this document within 72 hours of your application. Pay close to attention to the Rate Lock Agreement as well. Your lender should provide you with a written description of the rate you are being offered, the amortization term of the loan, and any points associated with this loan. These agreements should also include the expiration date of the agreed upon locked in rate. This is the date that you have to close your loan to get that locked-in rate.6. Relying On Interest Rate AdvertisingSome loan officers use interest rates to get your attention; however, they may actually end up costing you more. Such rates are often derived by using a 30-year mortgage coupled with an accelerated payment plan. You may decide you like that option, but you cannot directly compare the APR on that mortgage to other opportunities. This loan could cost more than other mortgages with seemingly higher interest rates. It is critical to find a Certified Mortgage Advisor you can trust to review the options available to you and the best possible rates for your financial situation. Only a CMA loan originator can give you all of your options in an understandable way.Certified Mortgage Advisors are different in 4 important ways:1. We’ve dedicated our businesses to helping you and other consumers understand how to choose areputable Experienced Loan Officer. That is why our association has published this consumer guide and offers our consumer awareness messages.2. Our Members have been through extensive training and testing. This ensures you will receiveprofessional no-hassle mortgage service.3. For your protection CMA enforces the strictest code of ethics in the mortgage industry.4. With the CMA customer protection program, you always have a place to turn for answers and assistance with your mortgage service.I'm a Certified Mortgage Advisor and The Niles Team looks forward to serving you.https://certifiedmortgageadvisor.com/directory/Ryan Niles

Loan Process Timeline-Here’s What You Can Expect From Now Until Closing!

Mortgage Insurance Cancelation – Conventional Loans

A lot of clients ask about mortgage insurance cancelation - we are always happy to help review and determine your specific ways of removing mortgage insurance.The key things to keep in mind:- Within the first 2 years of ownership, removal of PMI is based on the original value of your home at your last loan.- After 2 years, you can use the current value of your home.It is required to have between 20%-25% equity to to remove mortgage insurance.

June 2025-Monthly Real Estate Market Report

Our Monthly Market Report is a comprehensive walkthrough of the most up-to-date information regarding the real estate market. Future editions will be released by the 10th of the month.This is a critical time for the housing market, and we have a responsibility to be there for our clients and our communities. Get the insights you need to make an educated decision by reading the report above.My team and I are here to be of service whether you are thinking about buying, selling or refinancing real estate.Blessings,The Niles Teamhttp://www.NilesTeam.comhttp://www.NilesTeamReviews.com

Meet The Niles Team

Our priority is to understand your financing goals and make sure you are always in the right loan at the right time. Because of you, our team is able to help more than 200 families achieve homeownership every year. We’re grateful for your trust!Take a moment to check out The Niles Team and all the key players who play a pivotal role in your homebuying experience from start to finish.Also since we get to find out so much about you throughout this process I felt it was fair to share some things about me. :) Check out the video on the right.We look forward to serving you and you can always reach us through our team email [email protected]

Mortgage Rates-how do they work?

Partner With Our Team To Create Even Better Homebuying Experiences!

Your clients deserve a faster, easier, and better way to mortgage. We offer unparalleled service and support that goes beyond basic funding.I'd love to learn more about you and your business to see if we would be a good fit to partner and grow together. If you would be interested in a quick 15 minute Strategic Partnership Call I'd love to make that happen. Here is a link to my Calendar to find the best day/time that works for you.https://calendly.com/thenilesteam/niles-team-strategic-realtor-partnership-meeting-The Niles Teamhttp://www.NilesTeam.comhttp://www.NilesTeamResources.com

Updater-Smartest Move You Will Ever Make

Understanding The Escrow and Title Process

Remodel or Sell Packet

Relocation Packet

Reduce Unwanted Solicitation Offers

Questions To Ask When Interviewing A Loan Officer

Pre-Purchase Educational Guide

Niles Team-Power Purchase Certified Program

Move Up Buyer Packet

Gifting And Mortgage Facts About The Estate Tax

Use this guide to help clear up common misconceptions you may have about the gift tax.

Lock, Shop, And Go-Client

Downpayment Assistance Program

Step 1 for obtaining DPA Financing is to attend a Homebuyer Class with our team. You can attend a homebuying seminar taught by Ryan by following the link here:www.HomeBuyerClassBootcamp.com Feel free to reach out if you run into any issues.

2025 Conforming and FHA Loan Limits

At a glance: The current single-family conforming loan limit for most counties in Washington State is $806,500 (an increase over the 2024 cap of $766,550. In the more expensive Seattle-area counties of King, Pierce, and Snohomish, the single-family loan limit has increased to $1,037,300 (1 unit homes) for 2025.Conforming and FHA loans (King, Pierce, Snohomish)One Unit: $1,037,300Two Unit: $1,327,950Three Unit: $1,605,200Four Unit: $1,994,850Conforming loans (outside of King, Pierce, Snohomish):*One Unit: $806,500*Two Unit: $1,032,650*Three Unit: $1,248,150*Four Unit: $1,551,250FHA loans (outside of King, Pierce, Snohomish):*Contact me and I'll give you the specific FHA limit to the county you want to buy in...but the range is $524,225 to a staggering $1,037,300. VA loans- there are no loan limitsThanks!Ryan Niles

Bridge Loan And CashEdge Program

Our exclusive portfolio product can help sellers buy and move into another home before they sell their existing residences. A bridge loan mortgage lending product offers several benefits to individuals who are looking to buy a new home before selling their existing residence. Here are some advantages: 1. Smooth Transition: One of the primary benefits of a bridge loan is that it allows the homeowner to transition seamlessly from their current residence to a new one without the need to move twice. This is particularly advantageous for those who want to avoid the inconvenience and cost of temporary housing or storage. 2. Flexibility in Timing: Bridge loans provide flexibility in the timing of the home purchase and sale. Homeowners can secure a new home without waiting for their current one to sell, enabling them to take advantage of favorable market conditions or find their dream home without the pressure of time constraints. 3. Competitive Bidding Power: Buyers with a bridge loan may have a competitive edge in the real estate market. Since they can make an offer on a new property without being contingent on the sale of their current home, their bids may be more attractive to sellers. 4. Home Improvement Opportunities: Bridge loans provide an opportunity for homeowners to make necessary improvements or repairs to their current residence before selling it. This can potentially increase the property's market value and appeal to potential buyers. 5. Access to Equity: Homeowners can access the equity in their current property to use as a down payment on the new home. This can be particularly useful if a significant portion of their wealth is tied up in their existing residence. 6. Reduced Financial Strain: A bridge loan helps mitigate the financial strain associated with owning two properties simultaneously. It provides a short-term solution to cover mortgage payments on both homes until the existing property is sold. 7. Avoiding Contingency Clauses: Bridge loans allow homeowners to make offers on new homes without contingent clauses related to the sale of their existing property. This can make their offers more appealing to sellers who may be concerned about potential delays or uncertainties. 8. Preserving Homeownership: For homeowners who wish to avoid the inconvenience of renting or temporary housing, a bridge loan enables them to maintain ownership of their current home until the sale is finalized, ensuring a smoother transition. 9. Potential Cost Savings: While bridge loans may come with higher interest rates and fees, the cost could be offset by the potential financial gains made by securing a new property at a favorable price or by avoiding temporary housing expenses. 10. Stress Reduction: Overall, a bridge loan can significantly reduce the stress and logistical challenges associated with coordinating the sale of one home and the purchase of another, providing homeowners with peace of mind during the transition period. Contact our team for more details of this amazingly helpful and popular loan product!

Buying And Selling Guides-Summer 2025

Our Quarterly Buyer and Seller Guides offer a wide variety of up to date real estate market information that is simple and explains the current market opportunities to you as a potential buyer and seller.

Bi-Weekly Payments

11 Great Reasons To Carry A Big Long Mortgage

Reviews

"Ryan and his team were fantastic and worked hard to get fast closing. As a first time buyer, Ryan helped me understand each step and helped me feel confident about the process. I will think of him if I'm in the market again, and would recommend him to friends and family."

brian

"Ryan was amazing! My husband and I were first time home buyers and had no idea what to expect or what we could afford. Ryan helped us understand the whole process and made it all feel easy. We closed so quickly on a house we love! "

ali cresta

"When my husband and I decided to buy a home, we were initially overwhelmed by the mortgage process. It seemed complex and intimidating—until we spoke with Ryan. We interviewed several lenders, but Ryan stood out immediately. From our first conversation, he made the entire process feel clear and manageable. He explained every detail in a way that was easy to understand, demonstrating deep expertise and a genuine desire to help. One of the most helpful things he did early on was provide a free cost analysis, complete with a personalized video breakdown—an incredibly thoughtful touch that gave us real clarity on what we could afford. Throughout the rest of our home buying journey, Ryan was consistently responsive, supportive, and an essential partner in helping us secure our home. He brought a level of professionalism and care that made all the difference. We couldn’t be happier with our experience and wholeheartedly recommend Ryan to anyone navigating the mortgage process."

flavia salvadori

"Ryan took the time to explain every step, making sure I understood all my options. His responsiveness was great! No question too small, and he always circled back quickly. It was clear that he truly cared about my financial well-being and was dedicated to making the process as smooth as possible. Thanks again!"

evan savisky

"Ryan and his team are top notch professionals. As new first time home buyers Ryan and his team explained all the things we needed to do to get our mortgage. They answered all of our questions and was available even after closing hours. Great experience and would highly recommend him and his team to anyone else purchasing a home and needing a loan. Thanks Ryan, you Rock!"

starjohv7

"Ryan and David were fantastic to work with -- they really know their stuff and it shows. It's been eye-opening to talk with my friends about buying in this market. They can't imagine being able to afford it, but with the right financial strategy, we could. So grateful that it worked out. "

db34768

"Ryan has been doing this a long time and it shows. He offers multiple different strategies depending on market conditions, walks you through the pros and cons of each and then gives you his recommendation. He answers any questions and works around your schedule. Couldn’t ask for a better lender ."

zac petersen

"Ryan and team helped make it possible for us to close on our house in two weeks. They helped us understand what the process was like and as a first time home buyer I would highly recommend them."

shannon

"I first met Ryan during a weekend first-time home buyers class my wife and I took via Zoom. After that call we knew we needed to use Ryan as our lender. My profession is Financial Planning and I wanted to work with someone who was creative and strategic to help find a solution to put us in position to be competitive. Ryan checked all those boxes and we were able to buy a great home in our ideal neighborhood. We closed on our loan within 1-month of meeting Ryan! Yes, that includes the time it took to get pre-approved, find our home, have our offer accepted and go through underwriting. Impeccable speed. I will be using Ryan for all of our lending in the future and have already referred him business."

nate tepp