Jeff Powell

"Mortgage & Insurance"
Jeff Powell,  in
  • 6 Answers
  • 2 First Answers
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About Me
Jeff Powell has more than eight years of leadership experience building financial solutions and guiding top-tier clients and development partners. An accomplished strategist and marketer, his vision and expertise in business performance have driven notable growth in the second home and investment markets along the Gulf Coast.

Offering a rare blend of creative and operational strengths, Jeff has achieved exciting investor turnarounds in new condominium and residential construction and is recognized, by his Realtor and developer clients, for his success in growing their sales and profits. His strategic approach to building a business is reflected in his work as a Mortgage Loan Officer with Regions Mortgage, Inc. and as a Mortgage Loan Originator with Countrywide Home Loans, where his commitment to the clients and focus on the coastal condominium market delivered impressive bottom-line results.

Jeff also has a significant impact on profitability and growth at Mortgage Solutions South where he redirected company focus to new condominium construction along Coastal Alabama and the Florida Panhandle. Currently a principal and Managing Member at Mortgage Solutions South, Jeff focuses on bringing a diverse group of lenders together through strategic brokerage agreements. His vision goes far beyond marketing, but also includes working with companies, Realtors, and developers to redefine the position of the mortgage broker and their importance to the overall success of condominium preconstruction development.

Jeff Powell’s exceptional track record of business improvement is based on his ability to quickly identify and diagnose sales and growth areas and to structure product lines, underwriting, processing, sourcing and sales accordingly. Through these channels, Jeff has positioned Mortgage Solution South to be a dominant source of financing for new condominium construction.

Jeff received his B.S. in Business Administration from Auburn University. He and his wife currently live in Orange Beach, AL. He has one son.
Testimonials
"“We'd like to recommend Mortgage Solutions South to anyone thinking of buying or refinancing a home along the Gulf Coast. We recently purchased a condominium in Panama City Beach and MSS did a terrific job in all aspects of the mortgage process. Jeff Powell could not have been more professional or more helpful. They also helped us find an affordable insurance provider for our new condo. Kudos all around!”"
Rob & JoEllen, Rainey, Panama City Condo Owners Fri Jun 13
"“Mortgage South Solutions is the best mortgage company that I have had the pleasure of working with in the Gulf Shores - Orange Beach areas. It is also great to find a company that can meet our financial needs in Florida as well. They are a company that I trust to find the very best program and rates for my clients. It is refreshing to see a company that is responsive to their customers needs and who will diligently follow a home investment property purchase from start to finish. In my experience they are more than willing to go the extra mile to insure each individual receives their financing and a smooth closing process. I whole heartedly endorse Jeff Powell and his staff at Mortgage South Solutions to anyone seeking financing on their next real estate purchase.”"
MIke Cranston, Re/Max of Orange Beach Fri Jun 13
"“Jeff, you have done an awesome job handling my customers and these closings. I thank you so very much for being the professional that you are with your company. It means so much to have someone like yourself taking care of these customers.”"
Shirlee Poulos, Co-Owner Carney Realty, Inc. Fri Jun 13
My Q&A View all >>
Jeff Powell's Questions (0)
Jeff Powell's Answers (6)
Jeff Powell answered:
The first step is to get qualified for a mortgage. Now is a great time to buy. Mortgage rates have stabalized after the most turbulent week in financial markets since 1987. Our brokers and agents have over seventy-eight years of experience in the financial services industry and can assist you in identifying a comprehensive solution to your insurance and mortgage needs. We are rooted in the local community and therefore are intimately familiar with the difficulties all of us as homeowners and condo owners have faced since the devastation of Hurricane Ivan. Our goal is to simplify the insurance and mortgage process for you and your family by bringing all of our services UNDER ONE ROOF and to provide the very best product at the lowest possible cost. You are welcome to contact me toll free @ 1-800-354-4166.
Jeff Powell
Licensed Agent/ Broker http://www.mortgagesolutinssouth.com http://www.insurancesolutionssouth.com - Thu Oct 2 2008, 14:59
Jeff Powell answered:
Cindy,
I can help. You may contact me at (251) 968-1414. GIS maps and recorded county data are readily available.
Jeff Powell http://www.insurancesolutionssouth.com http://www.mortgagesolutionssouth.com - Mon Sep 29 2008, 11:47
Jeff Powell answered:
There are a couple of different mortgage programs which you may look into. An FHA loan program is backed by the Federal Government. It's program guidelines allow lenders to work with folks who's credit is not perfect. Also, check into a USDA loan program or a mortgage through the Alabama Housing and Finance Authority. - Mon Sep 15 2008, 16:36
Jeff Powell answered:
You might consider offering a bonus to an agent who brings you an accepted contract. The bonus should be a flat fee, ie. $5,000 or $10,000 selling bonus. However, if you are priced outside the market it will not work! If you want to sell in this market your residence must have a competitive advantage over its counterparts. Price. - Sat Sep 13 2008, 13:33

What would closing costs on a $133k mortgage be approximately?

Jeff Powell answered:
Don't pay too much.
The costs associate with a $133,000 mortgage:
Loan origination: $0
Title Insurance: $150
Attoney's Fees: $300
Recording Fees: $80
State/ County taxes: $332 (depending upon County)
Lender Fee: $575
Processing Fee: $375
Flood Certification: $0
Credit Report: $50
Courier Fee: $40
Appraisal Fee: $0 (We pay this Fee)
Total Closing Costs: $1,902

Prepaid Items
Taxes
Insurance
Prepaid Interest - Tue Jul 29 2008, 07:40
Specialties
Mortgage Brokerage & Insurance
Certifications & Awards
Licensed Alabama Real Estate Broker, Alabama Real Estate Commission
Property & Casualty Insurance License, Alabama Department of Insurance
Licensed Home Builder, Alabama Home Builders Licensure Board
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