Donald J. Wansten, Lending Consultant - Serving the Needs of Credit Unions and Community Banks

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P.O. Box 1192, Apple Valley, CA 92307

Cell Phone: (760) 963-9194   Fax: (760) 247-2961

dwansten@verizon.net 

My Services provide specialized Consumer, Mortgage, and Construction Consulting for Credit Unions and Community Banks.  This includes guidance with Loan Workouts, Loss Mitigation, Collections, Short Sales, Proper Handling of Single Family and Tract Construction Lending, Underwriting and Appraisal review as well Compliance needs.  My experience enables me to cover a wide variety of topics for staff training, education and organizational development as needed or requested.  I'm able to provide guidance to strengthen your institutions policies and procedures; to empower your team with the tools and knowlege for "smooth sailing" when audits come and Regulators visit.
 
My goal is to place each client on a solid foundation for growth and profitability. My personal knowledge and experience will help build your team further, in order to produce tangible, bottom line outcomes in this ever changing Lending Industry. 
 

Ask the Expert!

For more information, send your questions, comments or ideas to dwansten@verizon.net. For issues that are of particular interest to the the community, we may publish (with your permission) your questions along with our answers on this web site.

Summary of  Qualifications:

      Results-oriented, with strong sales, management, communication, underwriting and construction lending skills.  Proven ability to develop new business while maintaining profitability and providing excellent service to customer base.  Over 16 years experience in all aspects of residential lending and compliance.  Knowledgeable in conventional, jumbo, and government guidelines as well as training and overseeing loan origination, processing, underwriting, funding and insuring.  Very involved in both tract and single-family residential construction lending.  Experienced in working with NCUA, FDIC, and Federal Reserve Regulators.

No Worries...you have an expert on-board!
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You can now Relax!

Loss Mitigation -Guiding you through the waters.
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To Assit your Credit Union or Community Bank in Smooth Sailing

Are you needing assistance in any of the following?

Common areas of need in todays ever changing market include:
 
  • How to ensure we are following the recent Collection and Loss Mitigation changes, and minimizing our losses without incurring additional penalties?
  • How should we best set up controls for proper underwriting and fund disbursements for construction, renovation or 203K loans?
  • How do we verifiy our policies and procedures will provide safe and sound, properly underwritten loans which won't "come back to bite us"...
  • How do we get set up with FHA, VA, and/or other Secondary Market Investors to maximize the purchase market with our limited Capital?
  • Is the recent "Hope for Homeowners" program available for every lending institution, even ours?
  • Are you recently realized that somehow, the ball got dropped and you now have a large amount of potentially non-performing or unsaleable loans that you have to work through, but are not sure where to start...
 
To get more specific information as to how I can assist the specific needs of your Credit Union or Community Bank, give me a call at(760)963-9194, or complete the request form on the last page of this site. I look forward to assisting you!

 

Donald J. Wansten, Lending Consultant 
Serving Credit Unions and Community Banks

Cell Phone: (760) 963-9194  Fax: (760) 247-2961
e-mail: dwansten@verizon.net