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Updated over 1 year ago on . Most recent reply

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391
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217
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Ryan Muska
  • Lender
  • Saddle Brook, NJ
217
Votes |
391
Posts

What do we love/hate about some things that lenders/mortgage professionals do?

Ryan Muska
  • Lender
  • Saddle Brook, NJ
Posted

I'm going on my first year in the industry and I've learned a plethora of strategies as well as bad habits. I wanted to see what the investing community felt about their relationships with their lending institutions. 

Most Popular Reply

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1,763
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1,511
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Doug Smith
  • Lender
  • Tampa, FL
1,511
Votes |
1,763
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Doug Smith
  • Lender
  • Tampa, FL
Replied

We lenders all suck. We're terrible people. Seriously, my pet peeve in the lending community is loan officers that hold themselves out as "experts" but never take the time to really master guidelines and hone their craft. Other than that, communication up front, honesty, and disclosing everything to the borrower regardless of how distasteful you think what you are disclosing to them will be. One other thing...a quick no is much better than a long maybe. Don't try to string someone along if you really feel the deal isn't going to fly. 

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