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mortgage approvals: Hey Buyer, do you have a pulse? My Mortgage died before settlement/closing because why???? - 07/25/09 09:50 AM
 

 
The day before settling on your new home, your lender tells you that you have been denied for x,y,z of a reason. You ask how this can be because your lender has had your mortgage application for over 30 days. You are furious.... 
Well folks, this has been a very touchy topic of lately, those loan officers that issue pre-qualification letters or pre-approval letters. There was a comment on my previous blog, Pre-Qualification letter vs Pre-Approval vs Commitment letters - Knowing the differences. The comment was written by a loan officer with 7 + years of experience. Just a FYI... I am … (20 comments)

mortgage approvals: Why can't your loan close now, the day before closing???? - 09/04/08 12:00 PM

What do you mean you can't get my loan closed now?  You promised !!!!!   Have you ever heard those words as a consumer or a realtor?  I have closed 8 loans just this year that the consumer heard those same words from their previous loan officer. And these words were uttered either the day before closing or the day of closing. In my opinion, that is no excuse unless there was a title issue last minute or the client lost their job or quit 5 days before settlement. But most reasons are other than what was just mentioned.
I read … (22 comments)

 
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Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

Cherry Hill, NJ

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Social Media - Infinity Home Mortgage Company, Inc

Address: Cherry Hill New Jersey 08034 08002 08003, Haddon Heights New Jersey 08035, Haddonfield, NJ, 08033

Cell Phone: (609) 440-5133

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I just want to educate people about mortgages and the process. In regards to lending, I am very creative, intuitive, honest, and one who communicates information, may it be good or bad. I am a loan officer that looks out for your best interest.







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