Press Release January 21st, 2015
Last Edited Date: 05.20.2015 - 14:49
Banking & Mortgages
The Sedona Professionals met Jan 21st at Red’s Restaurant in the Sedona Rouge Resort for their bi-weekly breakfast meeting. Out-going President Marc Sterling opened the meeting,
Pam Bayles, a Vice President with the National Bank of Arizona, and an Executive Banking Relationship Manager, gave a presentation. Pam talked about the benefits of having an Executive Account with her bank, right here in Sedona. Pam provides a very personalized concierge service for her Executive Account holders. Which means she handles all their banking needs, large and small. She can also arrange for home equity loans at a very competitive rate. It was clear Pam brings a knowledge of local issues to her work and enjoys helping her clients find solutions for their banking needs.
Tom Brandvold of Oak Creek Mortgage, Inc. gave an informative presentation about new developments the residential loan business. Specifically he talked about some positive changes in FHA loans, with a reduction of .50% in the Mortgage Insurance Premium now available. And a new conventional loan product available to Borrowers one day out of a short sale! Tom discussed some advantages of a Reverse Mortgage. Besides no longer having a mortgage payment, the Borrower can possibly stream income from the equity they have accumulated. Tom has been in the mortgage business for over 30 years and offers personalized and competitive services for both residential and commercial loans.
In each Sedona Professional meeting one member delivers a brief biographical talk. Today architect Paolo Scardina of Sustainable Sedona gave a rousing and animated description of the years he spent, earlier in his life, as a performing dance artist and owner of a dance company. We were all impressed with the scope of Paolo's creativity.
In the business portion of the meeting, a vote was taken and was unanimous in approving the slate of candidates presented by the nominating committee.