Today I was supposed to close a deal on a cute house on 4018 Neel St., Boise, ID. From the get go the loan officer seems off task. Both the listing agent and myself became nervous when his company took 8 days to furnish us with the commitment letter. The loan officer was picked by the client (who is the officers buddy). For a buddy he was screwing his client. The fees were much higher then customary. We were told docs would be in this morning. Instead we were informed that there was no loan. We are trying to get the buyer to a new loan officer and the bad loan officer is trying to fix the problem.
If any loan officer ever puts me out of contract again I will put an addendum on the deal that the buyer must seek a different loan officer.