“Hi Joe,
My name is Jim XXXXX, I had a mortgage application denied by Wells Fargo. The home appraisal came in below what we need to refinance into a conventional loan. We are very frustrated with the bank, they certainly didn’t offer any other options for us.
My wife’s boss gave her your contact information, he indicated that you did a VA mortgage for him. Here is my question, I am a veteran as well, should I consider that as an option?
If you would, please call me at 917 XXX-XXXX, I always have the phone with me.”
I have never understood why more questions are not asked during the mortgage application process, and I don’t mean asking the questions that are on the mortgage application.
OK, the appraisal came in below the estimated value. But by going with a VA mortgage, the clients can go up to 100% of the appraised value. I hate to say it – but am glad the bank screwed it up.
Do you want to discuss alternatives for your mortgage needs?
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