There has been a major discussion whether or not Pre-Approval letters will be like dinosaurs, extinct. It was started with this post by Marilyn Boudreaux - Pre-Approvals Disappearing? - It was then followed by Lenn Harley's post, Calling all loan officers on Active Rain?? What are the facts here?? No Pre-Approval letters??? - After reading every comment on both posts, it sounded like some realtors just wanted to walk the plank per se. Some mentioned that Pre-Approval letters aren't worth the piece of paper that they are written on. … (29 comments)
Juggling is an art, wouldn't you agree? Well, so is pre-qualifying a borrower for a mortgage. In my opinion, it takes more than just basic knowledge and simple math skills. In the last few days, there has been a growing debate out there that even the experienced realtors can pre-qualify a borrower. It doesn't matter if you : -- know your borrowers credit scores -- know that they are putting 20% down -- know that they make x,y,z a year and the simple math says they … (13 comments)
(this is not about all realtors, just a few, and it's those that will hurt both the buyer and seller) You would think with a tough real estate market, that realtors would want to be on top of their game, both for sellers and buyers. I think some realtors still live in the dark ages and this can hurt either the seller or the buyer. I know many realtors and loan officers are passionate in what they do, but being one-sided, doesn't make it right. Can we call it tough love, seeming to be harsh in our thoughts … (109 comments)
I just want to educate people about mortgages and the process.
In regards to lending, I am very creative, intuitive, honest, and one who communicates information, may it be good or bad. I am a loan officer that looks out for your best interest.
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