Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Florida Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

Account Closed
  • Lender
  • Tampa, FL
168
Votes |
543
Posts

THE WORST CLIENTS FOR A MORTGAGE BROKER ARE...

Account Closed
  • Lender
  • Tampa, FL
Posted

As a Florida Mortgage Broker, I can say that hands down, and other Mortgage Brokers these days will agree, the worst borrowers are:

1. Prior Mortgage Brokers

2. Current and prior Realtors

Why Prior Mortgage Brokers?   Because they have just enough irrelevant and inaccurate knowledge of a time that no longer exists to cause non-stop issues from start to finish...and like a parrot, constantly remind you that they used to be in the business.

Why Realtors?  Besides being the most uncooperative borrowers they have just enough sporadic knowledge about mortgages to cause non-stop issues from start to finish. 

With a few exceptions, you can count on any deal you take on for these two is going to be a 5 times as hard as they argue with you the entire way and saying...."that's not how I used to do it when I was in the business!"

Loading replies...