Real estate blog entries tagged with fha loans survive succeedd loan officer banker mortgage realtor loan market by Mortgage Master Inc.

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Home : Blogs : Jason Fontaine : Jason 's Blog : Tag "fha loans survive succeedd loan officer banker mortgage realtor loan market"

fha loans survive succeedd loan officer banker mortgage realtor loan market: Déjà vu - 09/03/07 11:05 AM

Over the last five to six years, I've seen a gradual decline in the loan officer's ability to effectively write, close and process FHA loans. I attribute this to two main reasons, the first being a lack of proper training. I've found that the average mortgage company does not employ an individual who has enough knowledge of FHA loans to effectively teach others or the managers themselves have little knowledge about FHA.
The second reason is the massive amount of lenders that "where" lending high LTV sub-prime products. There where hundreds of companies that can close 100% loans with 6% seller contributions, … (3 comments)

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Jason Fontaine

Worcester, MA

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