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It's Time To Plug Into Automated Approvals

By
Real Estate Agent with REAL. | Realtyka, LLC 8900289

Mortgage Brokers... With so much technology at our fingertips, why do so many of us still take take two and three days to tell our clients if we can help them or not?  Until we get a DU approval or conditional approval from our lenders we don't really have a deal... but if we study our products - and our mistakes - we can over time become more accurate and effective.  With a battery of FHA - VA - 203K - Reverse and Conventional loan products to keep up - I don't claim that staying ahead of the game is easy - but if we want to be steady producers - it's required!

From the moment we receive a referral we need to start wroking on the next referral.  I think that comes from doing our job very well.  Happy clients are clients that make referrals.  Learn your products.  Work with lenders that give instant approvals.  Learn from your mistakes so that you can be proactive in the future.

Much success!

Shellie Carter
Residential and Commercial Mortgage Lending
New Jersey and New York Home Loans
info@shelliecarter.com
www.shelliecarter.com

888-222-1230

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Jane Penttinen
V.I.P. Mortgage - Tucson, AZ
NMLS #222178

Shellie - you are so right!  I would never survive in my market if I wasn't able to figure it out right away.  Know your guidelines and stay educated on all the changes.  If the loan is good - it's good.  And bad news doesn't get better with age.  If it's not going to work let the buyer and the agent know as quickly as possible.

Sep 20, 2009 03:12 AM