Recently I've been searching for a Mortgage Broker and haven't found the Open-Arms reception I thought I should have. Each time I call, it's for a specific home with an interested Homebuyer. After providing all the details regarding the home and the FICO scores of my Buyer, I then request a GFE (Good Faith Estimate.)
Then the shuffle begins. I've heard everything from, "I'll get back to you" to "Well, how much are you making in the deal" and everything resembling disgust in between. What I'm not hearing is the reason why an Agent requesting a GFE is Inappropriate or Taboo.
My usual Mortgage Broker has been ill and may be Retiring Soon. I've been spoiled. I revel in the Great Response, Great Communication, Great Loans and Perfect Consistency. There isn't any Question or Explanation I need addressing that isn't received favorably. I only have Good Intentions.
I admit I'm weeding out Predatory Lenders when I request a GFE. I'm not
trying to wear that Hat by any means. I've even been told repeatedly not to
open that Can of Worms to reduce liability. However, if I'm Aware my Buyer is
getting a Bad Loan and don't Speak on it, I feel I should be held Responsible.
If the Mortgage Brokers are offended by my Request, perhaps I've saved my Buyers some Heartache.
I Can Live with that.
Buyers or Sellers, if you or Someone you know, is Thinking of Buying or Selling a Home in Richardson or surrounding areas, give me a Call. Experienced Out-of-the-Box Thinking Realtor with Guaranteed Results.
Richardson, Plano, Dallas, Garland, Rowlett, Irving, Mesquite, Dallas County, Collin County
Comments(72)