by TomVanDusen | Mar 2, 2023 | FAQ
In my last post, I was discussing lenders and how a processor can help in choosing a lender to afford a smoother close. I will not call out the horrible ones in this forum (there are some to avoid at all costs!). There is no perfect lender. You will not see a 10 out...
by TomVanDusen | Feb 16, 2023 | FAQ
A processor’s favorite may not be the same as the loan officer’s favorite. Processors are more interested in ease, efficiency, speed and performance. The Loan Officer is often more interested in pricing/rate. The best choice would be in the blending of both. All too...
by TomVanDusen | Jan 29, 2023 | FAQ
Lets face it, all borrowers are not alike. You have very nice borrowers, tolerant borrowers and referral borrowers. But there are those types of people who you just cannot please no matter what (albeit very few). We are able to communicate professionally and...
by TomVanDusen | Jan 29, 2023 | FAQ
We love to do as much as we can for the Loan Officer. But when it comes to locking a loan, we assist in the locking of the loan but the responsibility falls on the LO. Nothing can blow a deal more than having the pricing change or the loan locked incorrectly. Lender’s...
by TomVanDusen | Jan 28, 2023 | FAQ
I see a lot of questions about this in processor and originators groups alike. There is no official list of tasks that are in one column or another. It is up to the processor as to what services they would like to offer to originators. It is up to the originators if...
