AND, there are more ways to do it wrong - like doing it all correspondence and spending too much money.

First let me suggest that you complete your profile with a pic, people like to see who they're corresponding with.

Many brokers have gone correspondent because of this, which will allow them not to disclose origination, and therefore still charge more.A correspondent lender basically has a line of credit from a direct lender, it uses it to fund the loan, and them it sells the loan to the direct lender.Make sense?

I wonder if this corresponds to what you mention or if it's some other reason such as New Englanders being older, fiscally more conservative, etc.

We are telling them we want correspondence from the bank directly.

Can a DE lender sponsor a correspondent lender to originate 203(k) loans?

What I would do is research who is in charge of the HOA through the Court records, former correspondence you might have received, attorney who represents them, etc.

I would also have all correspondence with this agent in writing.

https://www.efanniemae.com/sf/guides/ssg/2009annlenltr.jsp www.eFanniemae.com Select brokers/correspondents Select lender announcements Announcement 09-02 March 1 is the kick off date Properties 5-10 720 fico 75% purchase 1 unit 70% no cash out refi 1 unit 70% purchase or no cash out refi 2-4 units 6 months reserves for all investment properties owned * side note - properties 1-4 will require 6 months reserves for subject and 2 months for all other investment properties.

What kind of correspondence do you send them?