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Mortgage Processing Tip

By
Real Estate Broker/Owner with Realty Concierge International MA #9535680 RI#S32765

I came across a quick and easy fix on a last minute condition.  As many of you know the mortgage process and underwriting can be extremely difficult.  Many last minute conditions are thrown in that can potentially delay or even kill a file.  Last week two hours before the closing of a file, Wells Fargo added a condition AFTER the file was cleared to close.  It was "Provide copy of loan officer's driver's license".  Easy right?  Well the loan officer was in ARUBA!  Quick on my feet I texted him the condition and asked him to take a photo of his license with his cell phone and text it to me!  It worked wonders!  Something that could have made our lives miserable was fixed in a matter of minutes!!  This could possibly work for a few things so I wanted to pass it on. 

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Kelly McGovern, Broker/Owner

Realty Concierge International
Mobile: (508) 331-7158
eFax: (877) 491-3766
Email: Info@KellyMcGovern.Realtor
Website: http://www.RealtyConcierge.Realtor
9535680

Comments(2)

Brian Kuhns
Coldwell Banker Roth Wehrly Graber - Fort Wayne, IN
Fort Wayne Real Estate by Brian Kuhns

technology....embrace it, your example is a perfect reason why. Your clients should be thankful for your quck thinking....great job

May 17, 2010 09:08 AM
Lewis Poretz
Apex Home Loans - Annapolis, MD
Business Development Manager

great thinking Kelly....

May 18, 2010 02:57 PM