tom tran: The 7 Pound Loan
- 06/14/10 09:56 AM
We used to talk about big loans in terms of loan amount. One time I wrote an $8,000,000 first mortgage with a $500,000 second for the same client. Back as far as 1979 I wrote a $1,000,000 second mortgage loan. But today when I say I wrote I big loan, I either measure the loan or weigh it. I just wrote my biggest loan. It is just over 7 pounds. I thought that was a record but when I mentioned the loan to a loan officer in my office; Tom Tran- he told me that he just wrote a 7 pound loan. (4 comments)