All Forum Posts by: Joshua Jones

I am watching all the comments go back and forth on this thread about lenders. When certain people are posting to make sure "they have a ton of lenders" that is a loaded comment. TV and companies who do not rely on relationships but only internet leads, tries to reduce lending to rate and fees. Right? What's your rate and what's your fees? That's not real life. If one lender had a corner on the market, they would get 100% of the business. That's not true though. That doesn't exist. What you will find from lender to lender is program variation, knowledge, service and skill.

Why do we as a country have attorneys who have a higher cost? Doctors? Contractors? or any field for that matter? People might make a little more or get paid a little more because they have become absolute experts in their fields. That's why we pay more. Why does someone pay $50 for a bottle of wine when you get any bottle of wine for $3? It's just an example of there are all variations in every market. When I see people say "you might find a better deal elsewhere" defines all people in a field are the same. I wouldn't generalize. Same with realtors. 

I'm a lender that does 400 loans a year, does tons of investor loans and multi-unit loans and owns 9 rentals myself. Louis when you state that when you find a lender that is great (I read this and was like, ok awesome), then to reduce them to in essence "what's your rate and fees" is something that the market doesn't need. Same thing with fly by night contractors or you can relate that to any field.

2005 was a bunch of investors and professionals undercutting others to try to save a buck at others expense. Right? Flipping homes and the "cover it up" idea because they weren't living there. We don't need the repeat of that. Hubert, if you find a great lender and you guys develop a great growth plan for now and the future, stick with them. 

Lenders by law can not overcharge you and in this world you can always find someone to undercut someone else. Get a great team assembled and you will have amazing success Hubert. Come up with a plan of solid organic growth, trust your professionals and you will do really well. Work with people who are not in it for the deal but for the professional relationship and growth of you.

Hubert Deng please feel free to reach out to me and I can answer any questions you have about mortgages, the rules we have to follow and how to work within the guidelines.

There is a lot of information out there and sometimes tough to sort through. I can answer any questions you have.

@Jack McWatters feel free to connect if you have any questions at all. Would love to help.

Hi Blair. Feel free to message me and we can talk.

Thank you so much John. Appreciate that. Kyle, if you need anything please feel free to reach out.

Hi Ivan

Feel free to let me know how I can help on what you are looking to do.

Josh