Turns out people really want to know there is human backup if/when something goes wrong with what will typically be the largest capital investment they make.

I work for the largest manufactured home builder in American and the banks usually require a property owners agreement to be signed allowing them or their contractors to have access to the land.

He must make that distinction.

@Steve Hyduchak  I'm a masters level social worker for my day job and serve on the board of the largest of the local substance abuse recovery non-profit.

I like:Fixated on Real Estate - largest meetup outside of the REIA clubs

It was the largest multifamily property we owned at the time.

One example is our largest property, 3 of use are equal 33.3% owners. 

It was the largest multifamily property we owned at the time.

And then you may sign a loan application with them, you may pay some fees, rate lock, etc. but there is no formal term sheet.Therefore its an important distinction among lenders--s how long does it take to typically close from various stages?

Can you imagine a politician telling the largest voting block that they will do nothing to change a 25% decrease in their income?