Mortgage lender guys

[SpyWizard]

yeah, was about to say. guess it's just low loan amounts......

that's what i thought..

with that no doc non owner, i'm increasing the org fee to 3 points.. 2 if they commit to doing more than 2 deals in 6 months..

 

[feisty11975]

that's what i thought..

with that no doc non owner, i'm increasing the org fee to 3 points.. 2 if they commit to doing more than 2 deals in 6 months..

Average loan amount here is around $150K

3 points and processing fees...my commission is decent. 3 or 4 a month and I am set...more than that and its time for a shopping spree.

 

[SpyWizard]

Average loan amount here is around $150K

3 points and processing fees...my commission is decent. 3 or 4 a month and I am set...more than that and its time for a shopping spree.

who's feeding the loans to ya??

I am about to start marketing this NOO/stated to smaller banks that i know of.. We'll see how that goes..

 

[jnevin]

who's feeding the loans to ya??

I am about to start marketing this NOO/stated to smaller banks that i know of.. We'll see how that goes..

You can market it to anyone you want, noone's doing it. If you find the right realtor or builder, you don't need to mess with the banks.

 

[feisty11975]

who's feeding the loans to ya??

I am about to start marketing this NOO/stated to smaller banks that i know of.. We'll see how that goes..

feeding to me? I'd starve. I get out and call on realtors, banks, finance companies, collection agencies, friends, family, co-workers, builders, pool companies, home improvement companies, etc.. I'm a hustler baby!

 

[jnevin]

Who ended up doing the loan?

 

[SpyWizard]

feeding to me? I'd starve. I get out and call on realtors, banks, finance companies, collection agencies, friends, family, co-workers, builders, pool companies, home improvement companies, etc.. I'm a hustler baby!

sweet.. good to hear that.. I'd feed ya.. Some smaller community banks will do a deal with you, they are just looking for ways to increase revenue, so let them close at their location for a small fee that the customer pays, and they will feed ya..

 

[SpyWizard]

Who ended up doing the loan?

I did.. or do you mean who was my source for the funds??

 

[jnevin]

I did.. or do you mean who was my source for the funds??

Which lender?

 

[feisty11975]

and what was the rate?