The Expert Network© celebrates its newest member, Alex Shekhtman
NORTH HOLLYWOOD, Calif., October 17, 2017 (Newswire.com) - Alex Shekhtman, Co-Founder & Mortgage Broker, LBC Mortgage Solutions, has joined The Expert Network©, an invitation-only service for distinguished professionals. Mr. Shekhtman has been chosen as a Distinguished Mortgage Professional™ based on peer reviews and ratings, dozens of recognitions, and accomplishments achieved throughout his career.
With nearly 15 years of experience, Mr. Shekhtman brings a wealth of knowledge to his industry and, in particular, his area of expertise, residential and commercial loans, including those for new construction, investment properties, as well as condos and townhouses. When asked what inspired him to pursue a career in mortgages, Mr. Shekhtman said:
Dodd-Frank Act changed our industry standards a great deal. It introduced the ability to repay, as part of this law. This means that every borrower needs to show documentable income and ability to make payments—no more no-documentation loans. But on the other hand, a lot of Stated Income financing programs have been introduced in the field and hard money financing became much more affordable. We can consult our clients on both of these programs so mortgage financing is getting a bit easier to get for any borrower, whether they are a professional investor or first-time buyer.
Alex Shekhtman, Co-Founder & Mortgage Broker | LBC Mortgage Solutions
"In 2002, I started working for a local Banker in Beverly Hills. My friend was a Senior Processor at that firm and he called me to work with him and learn the business. It was a minimum wage job, but I welcomed the chance to learn, especially that I knew I wanted to be in the Real Estate field. I learned quite a bit in my first year, but something was not right at the firm. The calls to the clients were not returned in time, there was lack of transparency with the clients, I saw a lot of room for improvement, but the BOSS didn’t want to hear from us. They were making money and didn’t want to fix what I thought was broken. Armed with knowledge of how things should be done and how things should not be done, my friend and I left and started a mortgage company that evolved into what you see as LBC Mortgage today."
Now a mortgage broker with LBC Mortgage Solutions, Mr. Shekhtman has garnered a reputation for his unique ability to meet clients’ needs and get them the best possible loan for a wide variety of programs. He treats each customer as an individual, not a number, and never places them into a loan profile formula created by the banking industry. Backed by LBC’s 50-plus investors, Mr. Shekhtman has access to the lowest rates on all types of loans, while his background in business and finance allows him to navigate the complexities of different programs with the expertise of a professional with far more experience. Today, Mr. Shekhtman maintains a 5-star rating on Yelp where people regularly leave rave reviews of his reliable service and superior results.
As a thought-leader in his industry, Mr. Shekhtman keeps a close eye on prevailing trends in the world of mortgages. In particular, he notes the impact of Dodd-Frank and Stated Income financing programs:
"Dodd-Frank Act changed our industry standards a great deal. It introduced the ability to repay, as part of this law. This means that every borrower needs to show documentable income and ability to make payments—no more no-documentation loans. But on the other hand, a lot of Stated Income financing programs have been introduced in the field and hard money financing became much more affordable. We can consult our clients on both of these programs so mortgage financing is getting a bit easier to get for any borrower, whether they are a professional investor or first-time buyer."
For more information, visit Mr. Shekhtman's profile on the Expert Network© here: https://expertnetwork.co/members/alex-shekhtman/0d4775ff37fb76d3
The Expert Network© has written this news release with approval and/or contributions from Alex Shekhtman. The Expert Network© is an invitation-only reputation management service that is dedicated to helping professionals stand out, network, and gain a competitive edge. The Expert Network selects a limited number of professionals based on their individual recognitions and history of personal excellence.
Source: The Expert Network©
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