Today has been much slower than we are used to here at Lake City Mortgage. I have around 6 loans that I am working on for next month. I guess there is no hurry, I just like to get things done quickly. I have had to find a balance for myself today. A couple of the advantages that a person realizes in working with me is the efficiency that I provide by keeping everyone involved in the process updated within minutes of every new update that I get from my processing and underwriting team. If I know about it then everyone else knows about it immediately. Also I like to get the loan completed as quickly as possible. Because I fully disclose everything up front to my borrowers there is no need for me to drag my feet or by myself some time. Anyone who works with me knows what they are getting right from the begining.
Around the holidays I struggle to find a balance. I definitely like how peoples spirits are uplifted during this time. The struggle for me is that when I get updates I cannot always get in touch with my clients. I have one deal closing at the end of this month and 2 closing in the first week of next month. Sometimes; as was the case today the update comes with an additional condition that must be met. No because it is only Wed. and most people are going to be gone the entire weekend I am being slowed down by about 3 days in getting all of my conditions in. I usually like to have the deal signed off on well in advance of the projected closing date so that when the day comes there are no questions. Often times I am completely done my end of the work around a week before the closing date is set. I typically set deals to close 48 hours out.
Now today out of the 6 active loans for next month and the numerous clients whom I am working with to get the process started I was only able to reach 2 of my clients. The rest of them I presume are gone; most likely in the car or on a plane headed toward their holiday destination. Of course there is nothing wrong with that. My day has still been pretty productive, I got a lot of advertising done.
I am just not accustom to "SLOW" and it makes me a little uneasy.