Arthur Buhrer MLO 114080's (lendermen) Blog

Why are lenders taking so long to underwrite and fund loans, or even return phone calls? In what used to take two weeks to 30 days tops, depending on appraisal, is now taking 30-60 even 90 days in some cases. Let's start by adding a declining market, a recession, if you will. Next add corporate l...

Why are lenders taking so long to underwrite and fund loans, or even return phone calls? In what used to take two weeks to 30 days tops, depending on appraisal, is now taking 30-60 even 90 days in some cases. Let's start by adding a declining market, a recession, if you will. Next add corporate l...