Skip to main content

mortgage originators

I have finally reached the end of the road with a looooong, tedious mortgage application process with Chase.

While the rate quoted was wonderful, the process was a problem between dealing with the initial salesperson on the phone, then being handed over to the "Client Care Specialist", who seemed to be essentially a gatekeeper for the underwriter, copy + pasting correspondence and introducing a 24 hr delay into every step.

Ultimately, I had to pull out and close with cash after wasting a *lot* of time getting the application 98%, but not 100% approved, with delays around escrow holdbacks and income verification on their end.

Are there any banks / services that offer a "business class" application process, with a single point of contact managing the whole process? Maybe using a broker is better? I wouldn't mind a higher application fee if that helps - I'd find a higher interest rater over the life of the line tough to stomach.

submitted by /u/killingt0n
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/ka42i7/mortgage_originators/

Comments

  1. I think you have a great article here, But let me share with you all here about my experience with a loan lender called Pedro Loans who helped me expand my business with his loan company that offered me a loan amount of 600,000.00 USD which I used to upgrade my business months ago. He was really awesome working with him because he a Gentle man with a good heart, a man who can listen to your heart beat and tell you that everything will be OK, when I contacted Mr Pedro it was on my Facebook page that his advert came up then I visited his office to discuss about the loan offer that he and his company render, He makes me understand how all process go then I decided to give a try to it was successful just like he promised, yeah I believe him, I trust him, I rely on him as well about all my project he will be my dear financial officer and I'm glad my business is probably going well and I'm going makes my business growth like grass with his help.he work's with a great investors and guess what? They also give international loans. Is that not awesome to hear when you know a lot of business project are growing up each day by day in your heart hoping that you going to make income of that job to raise money for the project, Ops, then Mr Pedro will help you with that, Yes international loan he will help you with that perfectly because I trust him very much for that kind of job, Look don't be shy or shaded give a possible try to Mr Pedro here his contact : pedroloanss@gmail.com

    ReplyDelete

Post a Comment

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...

How to Avoid Property Scams in Delhi?

Here’s What You Should Know! Commercial Real Estate (Non-Residential) Buying a property in Delhi can be tricky, especially with all the stories about scams and shady deals. If you're in the market, here are some tips to keep yourself safe:Double-check the documents: Always verify ownership and approvals. Don’t just take someone’s word for it—look at the actual papers. Do your homework on prices: Compare similar properties to avoid overpaying. A little research can save you from a bad deal. Work with trustworthy people: Whether it's a seller or an agent, go for someone who's transparent about pricing and the process. If they’re dodging questions, that’s a red flag. Ask for reviews or references: If someone you’re dealing with has a good track record, they won’t hesitate to share testimonials or connect you with previous clients. I’ve noticed that some property services have started focusing on things like verified listings and clear communication, which makes the whole proc...