Top Ten Reasons You May Want to Find Another Lender

  1. When you call the mortgage company the guy from the Discover Commercials answers, “ Hello this is Peggy”

  2. Their loan application was prepared by the law firm of Dewey, Cheatem and Howe.
  3. The loan officer is wearing a McDonald’s shirt with ketchup stains when they arrive to take your application.
  4. You receive a letter in the mail with Countrywide letterhead scratched out in pencil.
  5. When you ask about a balloon they actually hand you one.
  6. The mortgage companies CEO was just profiled on America’s Most Wanted.
  7. The loan officer’s name is the same name that’s on all of the Nigerian spam mail you have been receiving.
  8. A repossession company comes to take the office furniture in the middle of your loan application.
  9. You notice the mortgage company is attempting to sell their loans on Craigslist.
  10. There is a picture of Bernie Madoff in the loan officers        office.

 

 

 

Photo Credits: Peggy- Vlad TV

Photo Credits: Bernie Madoff- Madoffscandal.com

Photo Credits: Loan Officer- Irvine Housing Blog

 

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Posted by Joe Kenny on 02/25/2011 11:46 AM   Comments (9)   Bad Loan Officers in the ActiveRain Channel   top ten list, loan officers  
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9 Comments on Top Ten Reasons You May Want to Find Another Lender

FEB
25
2011
509,885 Points 4 Featured Posts Attended Rain Camp Called Shot Master

Joe, I'd agree any of those are pretty big red flags, very cute!
12:12pm • #1
387,362 Points 3 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

How about, if they need your down money in green cash today for a closing next month?
12:53pm • #2
1 Featured Post

Great Stuff Joe !!  All those involved in the transaction must be profession, ethical, and have the clients best interst....
12:58pm • #3
142,195 Points 7 Featured Posts Called Shot Master

Very clever, Joe!  LOL!
12:59pm • #4
167,045 Points 4 Featured Posts Outside Blog

You mean Peggy may not be the real deal?!  This is worse than the Santa Claus conspiracy . . .
1:40pm • #5
FEB
26
2011
410,660 Points 5 Featured Posts Outside Blog Called Shot Master

Joe, Honestly, this made me really laugh!  How many bankers must have been nervous to open  this post and see a list, of maybe, things that we should look for or, run from.  This list that you have posted, is definitely, a run from list!   How about a list of what to look for?
2:42pm • #6
194,319 Points 11 Featured Posts Called Shot Master

Diane- Thank you, those are so red I can visualize bull coming right at me.

Rob- Or how about if they tell you they will accept Macy's gift cards for down payment.

Roger- Thank you and I couldn't agree more.

Karen- Thank you.

Brenda- What Santa Clause conspiracy?

Frances- Funny or serious.

 

Six comments and only one lender hmmmmm, Frances I think you may be right, I scared them.
4:54pm • #7
117,813 Points 1 Featured Post Outside Blog Hit Router Attended Rain Camp Called Shot Master

Too funny Joe, definitely going to save this one so I can show it to my husband, it should also give him a chuckle.
6:39pm • #8
194,319 Points 11 Featured Posts Called Shot Master

Thanks Suzanne, my wife laughed about and she's a tough nut to crack.
6:52pm • #9


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Joe Kenny

Hinsdale, IL

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Coldwell Banker Residential Brokerage

Address: 8 Hinsdale Ave, Hinsdale, IL, 60521

Office Phone: (630) 455-8135

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