Aviation Mortgage Financing Made Easy
 

As a lender that specializes in residential mortgage financing for those in the airline industry, I have experience with and an appreciation for the complexities that come along with these compensation plans. Whether you’re just starting to consider the purchase of your 1st home or crash-pad investment, or perhaps already own and need to refinance or are starting to consider your next purchase (primary, second home, or investment), and regardless of whether you work for a legacy, regional, or cargo carrier, I’d be happy to help pave a smoother runway for that transaction (sorry, had to throw that cheesy pun out there).

Not only am I personally well-versed in mortgage financing for your industry, but my company (Fairway Independent Mortgage Corporation) is the 5th largest retail, purchase focused mortgage lender in the lender. While we are very sizeable, we are still privately held, thereby allowing us to provide a more common-sense, efficient, and customer service focused process with more competitive rates and fees. We are licensed in 50 states, with my team being licensed in CA, FL, IL, WI, IN, MI, TN, and OH.

If you have questions, please do not hesitate to reach out to me at [email protected], office: 312-667-7681, or via this thread. I’m here to help!

So after getting hired at SWA, we moved from the Corpus Christi area to Denver and were looking for a home in the surrounding suburbs last year in Aug 2017. My wife came across Gina's posting on the spouses Facebook page. From our first meeting with her, we knew we found the right realtor. Gina is warm and friendly, well-versed in the Denver real-estate market, and understands the airline world very well. I wanted to branch out from USAA to see what rates may be out there for a VA loan and Gina recommended Marty Medve, so I gave him a call. Marty set me up with one of his loan specialists and it was all smooth sailing from there. he even recommended that I shop around loan rates (I did, Trident couldn't be beat). Randomly, we found the home we wanted on a lazy Saturday during an open house. Even though I had just spoken to Marty and Trident a few days before, Trident rushed out a loan pre-approval letter during the weekend. We ended up getting the house. Trident then gave use several loan rate choices with various concessions. I never got anything like that from USAA or any other broker. Trident Loans was on top of their paperwork game the whole way throughout and the process was pretty seemless. Also, the seller, another realtor, mentioned that it was a pleasure working with Gina and it was rare that she got to work with a realtor who was on top of her game. In short, you can't go wrong with Gina Roth in real estate market and Marty Medve and Trident for home loans (especially VA!).

I'd like to second what Marty has said about Gina. I had the pleasure of using Gina to sell my existing home, and purchase my new home. Gina was excellent. We had looked at a home over a year prior, and it sold the next day. Gina mentioned that she'd follow the builder, and let me know when he was building his next house. As she said she would do, Gina called one day and told me he was going to build again. With out her dedication, I wouldn't be in my home today. Thank you Gina, greatly appreciated. If you want a dedicated and hard working realtor, I suggest you get give Gina a call.

Excited to share that Trident has partnered with an amazing aviation relocation service to make your move/purchase go even smoother. You now have free access to a vetted network of real estate agents across the country who are pilots, pilots' wives, and military spouses. The Realtors we've worked with so far have been top notch! The owner (Tracy) is an American Airlines pilot's wife who shares our goal of making the home buying process as stress free as possible. Let me or Jon know if you'd like help finding a Realtor in the area you're going to.

Marty

850-346-0250 [email protected]

Jon

850-377-1114 [email protected]

Hi all,
Not sure if you've started looking into financing options yet, but if you haven't or you're finding that most lenders have issues calculating income in your favor (given the complex nature of airline pay), please do not hesitate to reach out to me. I specialize in financing for pilots and crew, and would be happy to help! A great deal of my clients (and many close friends) are pilots for the majors. Happy to advise in any way I can!

Another positive review for Trident Home Loans! I reached out to Marty after the loan company I was working with waited towards the end to try and lock me in with an absurd interest of 5.3% in FL. Marty got me in contact with Jon and Elena and they started working on my case immediately.

I was blown away by the fact that they got me a great interest rate right off the bat, they handled EVERYTHING for me including translating some of the required documents (the other company told me to pay someone to translate), and were able to work through all the setbacks associated with the loan application process WHILE I was on the road and hard to reach at times. The peace of mind I got from all of that was worth it’s weight in gold since I knew I was being taken care of. THL has great people, great rates, amazing customer service, and it’s a great feeling when you know that the folks handling your loan understand all the different statuses associated with military pay and airline pay. In all honesty, just when I thought I wasn’t going to be able to close my new home, Elena and Jon came through with THL under very difficult circumstances.

If any of you guys are looking into loans, make sure you get in contact with Marty and THL and they’ll get the ball rolling for ya’. I’ll definitely recommend them to all my Mil and Airline bros...

Thanks again guys!

Thank you very much Sir! It was our pleasure to help you and your family out. Good news stories like yours is why we do this. Elena is tremendous and Jon is a new hire airline pilot and former Air Force pilot who gets its. Pilots taking care of pilots.

Let us know if we can do anything for you. We’re also giving free AVM (automated valuation method) appraisals for you guys to help you determine what your house is worth or what a good offer range is on a place you're looking to buy. Physical appraisals are the best but cost $450-750. An AVM can get you to the 90% solution. They can even be accepted in lieu of a physical appraisal on some streamline refinances. AVMs are based on comparable sales or houses on the market in your area which is what an appraiser runs their numbers off. I think this will really help you guys out get top dollar when you sell and not get ripped off when you buy. It'll also help you to determine if you can do a cash-out refinance to pull some equity out or get your mortgage insurance removed. Happy to do this for you guys!

Marty

E-mail Jon ([email protected]) with the property address and he'll shoot the AVM your way. We will never harassment or spam you.




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Resurrecting an old thread, but...
Just closed on my house in Dallas and used Amy Stuhr Paterson at National Bank of Kansas City. It’s my second time using her for my financing and I couldn’t be happier!
Hassle free, quick and always responsive, she understands Pilot pay and is married to an AAL pilot. Also, she’s terrific with VA loans, easily handling my VA recertification.
If you’re looking for a mortgage, I can’t recommend her enough. Top notch work. Google: National Bank of Kansas City or NBKC

We also specialize in the airline industry & pilot comp, as well as VA financing. In fact, we're one of the largest VA lenders in the country.
Happy to provide a 2nd opinion and hassle-free quotes. Candidly our rates are most often lower than a regional or even national bank. For what it's worth....

Never hesitate to drop a line: [email protected]

Thx!
Mike

Trident Home Loans
 

Hey everyone, I recently used Trident Home Loans and had a fantastic experience. Jonathan Kulak was my loan officer and he did an exceptional job. The company is owned by airline pilots and employs several of them. I have zero complaints, look them up! I was transitioning from military to civilian life and proving income can be difficult, but not with Trident Home Loans. 100% satisfaction.

Thank you Sir! We’ll do whatever it takes to take care of a fellow pilot. We’re still see our rates beating the big banks by .375-.5%. Best of luck at your new airline and enjoy the new house!

Cheers!
Marty
[email protected]
850-346-0250
www.tridenthomeloans.com

Jonathan
[email protected]
850-377-1114



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Pilot spouse here. We just closed on a house with Trident Home Loans, recommended by Tracy at Aviation Relocation. We worked with Jonathan and Bri and they were fantastic! BOA screwed up our loan- a month in our DTI was suddenly a problem because they couldn't calculate pilot income and we were going to lose a big earnest money payment. BOA was incredibly stressful to deal with. Bri worked hard and got our loan cleared to close BEFORE the closing date. And they did everything they could to take all the stress off of us. We have never had a stress free lender experience before Trident, so we highly recommend Trident.

Thank you Ma’am! Jonathan and his team are doing a great job on all our pilot referrals. As a major airline pilot he gets it and he has built a great team to handle all the little issues that most lenders screw up because they aren’t familiar with pilot pay. Me and my business partner (both airline pilots) built this business 10yrs ago around the idea of pilots lending to pilots. We do everything word of mouth so low overhead means great rates and our customer service is unmatched. Call, text and email anytime and you’ll get a near immediate response. No 1-800 numbers.

Give Jonathan a call at cell: 850-377-1114 or email at [email protected].

Cheers,
Marty
Cell: 850-346-0250
[email protected]
Owner, Trident Home Loans
www.tridenthomeloans.com




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Not saying the company isn’t legit, but a bunch of newly registered, single post forum responses reviewing a mortgage company? :rolleyes:

Good point! Here is about 20 more pages of reviews on us from military pilots we’ve done loans for:

http://www.flyingsquadron.com/forums...loans/?page=28

Google, Yelp, Facebook, Delta Chitchat, Navy Lab, Sailor Bob all saying the same thing.

Sorry, we can’t help if our borrowers aren’t seasoned posters on here or not. Doesn’t make the product or service not real.

Cheers!
Marty



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Was going to wait until I closed, (and I will follow up when I do), but here's one from someone who is not a new, single post member...

I contacted Marty as a direct result of the referrals in this thread. He was great to talk to, definitely relates to us since he is one of us, and handed me off to Jonathan and his team.

Jonathan, Bri, and Lisa have been nothing short of awesome. I have some credit issues that they advised me one, we got preapproved incredibly quickly, and they have made the process from offer on a house to (almost) closing quick and easy. Since I'm overseas the vast majority of the time, my schedule gets pretty screwy. They have been quick with responses to questions even late at night on weekends. (Which was not expected or needed, but much appreciated.)

I expect to close in the next week or two and will follow up then, but I wanted to clear up the air from the previous posters comment about a fly by night operation. Marty's company is the real deal and it's obvious he has worked hard to set it up to serve us, his target demographic.

Thanks Sir! I totally understand his concern in this day and age of lending scams and people buying reviews on Amazon. I really appreciate you sharing your experience so far and I’m glad you’re so pleased. Let me know if you need anything from me.

Marty




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I'd like to take the opportunity to put in a huge recommendation for Amy Stuhr Paterson from NBKC. This was by far the easiest and smoothest mortgage process I have ever been through. Amy was incredibly helpful, knowledgeable, and patient throughout the entire process. She got us a fantastic VA loan rate and helped us throughout the entire process. I am an airline guy coming off of long term military leave so I wasn't sure how qualifying was going to work - but she was able to navigate those waters flawlessly! She was always quick to respond to my questions and she kept me informed throughout the entire process. An added bonus is she's now affiliated with Costco so if you're a Costco member, you'll get an even better deal! I will absolutely use Amy again in the future if I find myself needing another mortgage. If you're looking for a mortgage, do yourself a favor and drop Amy an email at [email protected] or give her a call at (913)253-0190. I've been through multiple other home purchases and she has made this, by far, the smoothest home buying experience I've ever been through.

Follow up
 

As promised, here's my follow up.

We closed on my new house last week. No last second issues, they timed the closing perfectly to work out between trips, and as before, nothing but praise for these guys. Fifth house I've bought over the years and by far the easiest...

John

Thanks John! Much appreciated! Glad we made it easy for you! Congrats on the new home!

Marty


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The Real Deal
 

Marty and his team are the real deal! My loan officer was Ashley G. I tried about 4 other places who told me “good luck qualifying with your regional pay scale” but THL was finished long before closing. I have recommended them to anyone who asks!

Thank you Sir! Ashley is awesome! We’ve been doing loans for fellow pilots for 10+ yrs and got this down to a science along with the underwriters we’ve educated along the way. We also undercut the competition with our rates because we make our airline salaries too and aren’t greedy. We’d rather be relational than transactional...we don’t advertise and just live on past client referrals like yours! Really appreciate it and congrats!

Jonathan (SW pilot) is in charge of all the loans that come through APC. Feel free to reach out to him at 850-377-1114 or [email protected]

Cheers!
Marty
850-346-0250
[email protected]
www.tridenthomeloans.com


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Just finished up my second transaction with Ashley at THL. One of the best things about Marty and his team is understanding pilot pay and how to work with underwriters that don't get it. Takes quite a bit of the headache out of the question. Got a fantastic rate and Ashley almost always starts answering your email before you hit send on the question. :D

Thank you! Ashley is truly amazing...only ever gets praised! Never going to go wrong with a word of mouth only, pilot owned/operated mortgage lender with low over head. Give a great rate and service and then you tell your friends...been the business model for 12yrs and isn’t going to change as long as I own Trident. Thanks again for the repeat business!

Marty

If you need help or want to look at rates please reach out to Jon (Southwest pilot/my right hand loan originator). Cell:850-377-1114 or [email protected]



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Any recommendations for a lender for New Jersey?

Try:
Joseph Bell
Nmls #992479
610-360-8650
[email protected]

Haven’t worked with him personally but was referred to me by someone I trust.

Marty



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Phoenix
 

I live in the east valley of Phoenix. Any recommendations for a person out here?

Pilot Home Loan
 

Anybody heard of this company? Here is the link, sounds great if at all true but cant find anything about them.
https://www.pilothomeloan.com/

Did you try them? Came here looking to see if anyone had any info on them as well.

Pay attention to the interest rates
 

There may be an opportunity to save some big bucks in the near future through a refinance. Pay attention.

We've been doing a ton of refi's. Best deals are on VA loans because of the streamline IRRRL and low government rates. Refi closing costs vary state to state, but IN, IL, MS, WA, KY, NC, CA, SC, and AL are some of the super cheap ones. We've been able to pay all the closing costs and still lower guys down to the 3.125-3.375% range on a 30yr depending on the state. Worth exploring if you're about 3.875% or higher.

Conventional loan refi's are something to consider if you're in the high 4% range. Rates are in the 3.625-3.75% range for 30yrs and 3.125 for 15yrs with no points.

Let us know if you want to explore it. We can do a quick check of the numbers without any big paperwork exercise or credit pull on your part. Just need a little info and if you like the numbers we'll do the paperwork and if not no harm or foul. Just gives you piece of mind that you're already sitting good where you're at if the numbers don't make sense.

All we need is for you to e-mail Jon at [email protected] with the:
Property address
Type of loan on it (VA, Conventional, FHA, etc)
For VAs - if you have VA disability or not
Current rate
Amount currently owed
Estimated credit score

Let me know if you have questions.

Marty
Owner, Trident Home Loans
[email protected]
850-346-0250

Trident Mortgages is awesome thru transition
 

OK, solid plug here for Trident Home Loans, and specifically my loan officer, Jonathan Kulak. For all the folks separating and going to the airlines, this is huge. I was an active duty major, flying C-17s out of Charleston, making $120K/yr plus, 800+ credit, plenty of money in the bank, and got hired by Delta as I came up on my separation date. I wanted to move to Peachtree City, GA and start my new life. All sounds good to buy a ~$400K house... right? Wrong. Here's the kicker: If you're within a year of separation, mortgage companies will not consider your current income as they calculate your risk for a loan. Most mortgage companies will say that you need a pay stub or two from your new job in order to pass the underwriters. This is a major problem for separatees, especially those with Conditional Job Offers (CJOs) who don't even have a start date. I shopped over half a dozen mortgage companies looking for someone who could help me. Some companies asked questions about how I expected to be paid... training pay, followed by flight pay? Totally didn't understand. One loan officer was like... "Ok, you'll be part time in the reserves, and part time with an airline? We need full time employment." Most guys don't get our industry.

This means that you can't buy a house and get settled in before the transition. I didn't think getting a loan would be a problem, but it was a major source of stress throughout an already stressful time. Enter Trident Home Loans.

These guys specialize in working with pilots, and understand exactly how the game works. Here's how they worked with me to get me a loan: I could go down option A: Get a start date with Delta, and then they could look up all the training pay/pay scales and could grant me a loan on the strength of my CJO (conditions met, and start date granted), or option B: Get a letter from my reserve unit estimating how much my annual income would be. I was still waiting for my start date, so I went with option B. Trident even sent me an example letter that I could fill out and have my reserve unit sign. Hit me up at [email protected] if you want me to forward something like that to you. Seriously though, if you need a home loan and you're a pilot, go through Trident Home Loans. I closed 19 Jul 19 on a $420K house (10% down on a 30yr VA in order to bring the funding fee to the minimum 1.25%, and financed about $385.) I got 3.25% for a 30 year fixed and $2,200 cash BACK. You read that right. No funding fee, they paid ME and still gave me that interest rate, on the strength of a letter from my reserve unit. If you have any questions, hit me up and I'll answer them. Better yet, go straight to Trident Home Loans at www.tridenthomeloans.com or call Jonathan Kulak at 850-377-1114. He'll get you squared away.

Totally legit operation. Awesome communication. I was a little nervous going with a mortgage company that was out of state (they're based in Florida) but they always answered the phone immediately or called/wrote back within the hour. Jonathan himself is a Southwest pilot and did more than simply help me with the loan, I actually got info from him on how to do reserve stuff, which was also a bit of a mystery. Go with these guys, you won't regret it.

Go with Trident Home Loans
 

OK, solid plug here for Trident Home Loans, and specifically my loan officer, Jonathan Kulak. For all the folks separating and going to the airlines, this is huge. I was an active duty major, flying C-17s out of Charleston, making $120K/yr plus, 800+ credit, plenty of money in the bank, and got hired by Delta as I came up on my separation date. I wanted to move to Peachtree City, GA and start my new life. All sounds good to buy a ~$400K house... right? Wrong. Here's the kicker: If you're within a year of separation, mortgage companies will not consider your current income as they calculate your risk for a loan. Most mortgage companies will say that you need a pay stub or two from your new job in order to pass the underwriters. This is a major problem for separatees, especially those with Conditional Job Offers (CJOs) who don't even have a start date. I shopped over half a dozen mortgage companies looking for someone who could help me. Some companies asked questions about how I expected to be paid... training pay, followed by flight pay? Totally didn't understand. One loan officer was like... "Ok, you'll be part time in the reserves, and part time with an airline? We need full time employment." Most guys don't get our industry.

This means that you can't buy a house and get settled in before the transition. I didn't think getting a loan would be a problem, but it was a major source of stress throughout an already stressful time. Enter Trident Home Loans.

These guys specialize in working with pilots, and understand exactly how the game works. Here's how they worked with me to get me a loan: I could go down option A: Get a start date with Delta, and then they could look up all the training pay/pay scales and could grant me a loan on the strength of my CJO (conditions met, and start date granted), or option B: Get a letter from my reserve unit estimating how much my annual income would be. I was still waiting for my start date, so I went with option B. Trident even sent me an example letter that I could fill out and have my reserve unit sign. Hit me up at [email protected] if you want me to forward something like that to you. Seriously though, if you need a home loan and you're a pilot, go through Trident Home Loans. I closed 19 Jul 19 on a $420K house (10% down on a 30yr VA in order to bring the funding fee to the minimum 1.25%, and financed about $385.) I got 3.25% for a 30 year fixed and $2,200 cash BACK. You read that right. No funding fee, they paid ME and still gave me that interest rate, on the strength of a letter from my reserve unit. If you have any questions, hit me up and I'll answer them. Better yet, go straight to Trident Home Loans at www.tridenthomeloans.com or call Jonathan Kulak at 850-377-1114. He'll get you squared away.

Totally legit operation. Awesome communication. I was a little nervous going with a mortgage company that was out of state (they're based in Florida) but they always answered the phone immediately or called/wrote back within the hour. Jonathan himself is a Southwest pilot and did more than simply help me with the loan, I actually got info from him on how to do reserve stuff, which was also a bit of a mystery. Go with these guys, you won't regret it.

Thank you for the nice words and plug Luke! It was a pleasure working with you and glad we were able to make things go so smooth. There are a lot of fine lenders out there but we definitely know pilot/military mortgages. They are our bread and butter with Marty, Tim and I being former military and current airline pilots. We will certainly work our butts off for any of you guys. We see quotes from all the big national lenders and we rarely loose to them rate/deal wise. We just price more competitively because we don't need to make what they do...we have little overhead and we have airline pay.

Reach out if we can help.

Jon
850-377-1114
[email protected]
www.tridenthomeloans.com

I’d advise people to be careful about this type of stuff. We’ve been in the mortgage business for 12yrs and have seen a lot of pop up websites like this. By law all lenders are required to have multiple licensing disclosures on their website which this one does not. Additionally all lenders have to be licensed through the National Mortgage Licensing System and Registry. You can search for lenders on the website below. You’ll see “Home Loans for Pilots” is not found.


https://www.nmlsconsumeraccess.org/

Cheers!


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https://www.eastcoastfinancialservices.com/ironenlulu/

This is the company I used to get a jumbo loan with very little down.
Irini Ronen-Lulu of East Coast Mortgages. She was recommended by a pilot friend of mine that’s into commercial real estate because she and her company understands the salary confusion stuff we go thru. I simply filled out the financial disclosure form and they handled the rest. I received Pre-approval email within hours of our first conversation. She put our finances into a computer program that gives accurate solutions on improving credit within a certain time frame to get better rates prior to closing. I was already a home owner and I also own investment properties so this wasn’t my first go round with brokers and lenders. I’ve had loans with countrywide, Bank of America, and Quickin loans. This by far was the very best company and person I’ve ever done business with in real estate. We did our due diligence called around a few other companies and if you know anything about Jumbo loans they are not easy to get. She’s the only one that was able to get what we wanted under the terms we were looking for. I cannot day enough about her expertise, experience and professionalism.

Great thread, wish I saw it two years ago.

It’s a little early in the process (don’t plan to break ground until fall 20 or spring 21) but any recommendations for new construction loans in the state of New Hampshire?


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I don't usually write reviews, I think good customer service should be the norm. This experience was so good I think it warrants one.

We recently closed on a house and honestly, we couldn't have done it without the help from Jonathan Kulak and Trident Home Loans.
As a regional FO, having a pilot on your side who understands how we are paid, and can work with the underwriters so they understand it too, is priceless.

Jonathan also has an amazing team working with him, and they all deserve the same praise. They replied to any questions I had, usually in a matter of hours, even outside normal office hours.

Not only is their customer service outstanding, but their rates are good too. I went through a few online rate comparisons, and they all pretty much said "well, it looks like you have a great rate so we can't compete with that".

10+ points for Trident.

Thank You.

Thank you and congratulations on closing! The problem with a lot of lenders/underwriters is they just don't see pilot pay that often so they don't underwrite our income correctly. They love to try to use a 24 month variable income average which isn't accurate at all based on our CBAs. HR at most airlines also doesn't do a good job with the verification of employment documentation either which makes the problem worse. Being airline pilots and doing loans for thousands of pilots over the last 13yrs is what makes us different. We appreciate you trusting us with such a big purchase! Let me know if you need anything in the future.

Jon
850-377-1114
[email protected]