otp: Mortgages: SO EASY A CAVEMAN can do them! - 06/17/09 03:41 AM
Apparently, the general consensus amongst many people is that Mortgages are easy to do and that communication solves everything!  Well, today I have decided to give everyone a glimpse into my life in the Mortgage business.  True enough, maybe the actual MORTGAGE is easy, but it is the "hunting & gathering" that is the problem! I realize that many people can already appreciate that things have become more challenging, but I truly want you to know that I AM NOT A CAVEMAN and it is not easy!

 8:08 am, got to office, large coffee.
Turned on computer, checked email, had 38 … (95 comments)

otp: DIARY of a BAD Pre-Approval Letter,Prequal,Loan Comittment..Which is it? What items do you disagree with? - 05/07/09 03:36 AM
This is EXACTLY what will happen to your deal when you provide a PRE-APPROVAL LETTER, PRE-QUAL LETTER, or whatever this letter is, to a seller!!!!!!  KABOOOOOOOOOOOMMMMMMMMMMM!
 
There will be a TEST after this, so this will be FUN!  KEEP READING!!!!!


All I know, is if OUR Company provided a letter like this to a REALTOR in WISCONSIN, they would blast me!
 
I am going to provide everyone with the actual working text and format of the pre-approval letter my friend received a week ago from HER realtor on a potential BUYER of her home in Georgia!  I will let everyone … (14 comments)

otp: Top 10 Suggestions TO LENDERS to smoothen deals with Realtors! See my other blog for Realtor Suggestions! Even with 12 inches of snow today, appraisers found the igloos to appraise! - 12/19/08 10:03 AM
For purposes of clarification:   
              OTP= Offer to Purchase           GFE= Good Faith Estimate      CHATTEL=Personal Property           MLS= Multiple Listing Service       BOA=Board  of Realtors BNI=Business Networking International
Hello everyone!  My blog earlier this week was top 10 suggestions to Realtors, so I thought I would go the other direction and give my fellow originators some suggestions also when working with Realtors!  Sooo...here goes! :)1.  The minute you get an OTP,notate in the file, in the sky, on your palm, on the wall in your office, or anywhere for pete sake, exactly the day that the LOAN commitment is due! 
Logic:  Realtors cannot stand having to remind … (3 comments)

otp: Top 10 suggestions to Realtors that help Lenders get your borrowers financed! 100% included! - 12/17/08 02:41 AM
 For purposes of clarification:                 OTP= Offer to Purchase           GFE= Good Faith Estimate      CHATTEL=Personal Property          MLS= Multiple Listing Service
With the ever changing lending enviroment, I think it is MORE IMPORTANT THAN EVER that Realtors & Lenders work together and from a unified front!  To that end, I think education is paramount in accomplishing that goal!  Here is my first "suggestion list" to any and all Realtors, no matter where you are located!  Some of these items will seem trivial and small, but let me assure you that if you print this list and read it everyday, until it is burned into … (29 comments)

 

Darin Osenberg

Nashville, TN

More about me…

Funky Quail Vintage

Address: krovy@aol.com, Nashville, Tn, 37211

Blogging important and factual information, enabling the general public and Realestate professionals lto stay informed on market happenings!


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