I'm Waiting..........

Happening CONSTANT and its about to drive me to prozac ! I recently had a lender stall me for nearly 30 days. His excuse was : WEll there was a certain lender that I never used before that I can get this couple financing with so I had to submit my company application and I am waiting on approval, but don't worry we will get this closed. THis went on for weeks ! Finally, called again, nice pleasant conversation about how he was leaving for vacation on the 25th of this month. I asked  "well, what about this, how long will you be gone, will someone cover for you? " No, no , no he states, it will be closed BEFORE i leave ! Still waiting no on his lame excuse for HIS company's app to be approved to get my customers financed with this institution. 2 days later , yesterday as a matter of fact, nope, sorry I cannot find anyone to due their loan ! I hit the roof ! So if they don't give you answers, they stall and stall and use up every resource without just saying hey I am having a problem getting them financing but lets see what I can do ! I am still angry at this lender and WILL NEVER send him another client, no matter how good there credit is, simply fact, I no longer TRUST HIM !

Are we working the same short sale??  Sounds VERY familiar!

You mean the lending institution took its time to call you back? I'm with Melissa up there.  These "professionals" are horrendous!  I just completed a short sale and it was like pulling teeth to get ANYTHING from the institution.  At one point, we had to go over the guy's head to his supervisor and then suddenly he seemed more interested in responding to us.  Interestingly, though, when the institution needed something, we had to react within two hours or the deal would've been off.  Ay yi yi.  We got it closed, but not without turning blue in the face a time or two!

See the difference of salary vs. commission? Maybe it will get better now that these institutions can hire all of those unemployed loan officers who may want to keep their job.