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Stupid Underwriting Tricks - 10/03/08 09:23 AM
Those of us who live and die mortgages on a daily basis often times have to go get a strong drink and just laugh.  One of the favorite topics among loan originators at the water cooler is dumb ass underwriting conditions.  Basically, conditions that need to be satisfied on a loan approval that are so absurd and illogical that all you can do is laugh about them.  Of course, the challenge is trying to explain to clients, Realtors, and others with a straight face as to why you are asking for this stuff...
Because of the market we are in, underwriters … (8 comments)

 

Russ Martin Residential Mortgage Advisor

Chicago, IL

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Perl Mortgage

Address: 101 West Grand , Suite 504, Chicago, IL, 60610

Office Phone: (312) 651-5355

Cell Phone: (847) 722-5355

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