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preapproval: Is the Letter From the Lender any Good? - 04/03/07 01:11 PM
A regular topic in our business is the quality of pre-qual and pre-approval letters from lenders.  This has been a serious issue in several of transactions.  I have gotten to the point that a letter from certain lenders is worthless in my opinion; while others come from true professionals.  I give a sigh of relief when an offer comes in with their letter attached.
Why is there such a difference from one loan officer to another?
Let's look at a few of the issues:
To get a mortgage license in our state you pay a few bucks and you are licensed loan officer.  No … (67 comments)

 
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Randy L. Prothero - Hawaii REALTOR® (808) 384-5645

Mililani, HI

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Century 21 Liberty Homes

Address: 95-221 Kipapa Dr., E3, Mililani, HI, 96789

Cell Phone: (808) 384-5645

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