Thanks HLS,
I am mostly trying to get more fluent with the topic, I am a little in the stone age. Seems like there might be others on the board, or lurkers who would have questions too.
Some of the sites I have studied claimed to give a lender preferred report. haven’t tested it yet.
Regardless of the weaknesses in my approach, I did feel more empowered going to wamu and not allowing the loan originator to pull my credit. As for my clients, I avoid the risk of having them possibly perceive that I am steering them to a mortgage broker. In fact I have no desire to do steering of any kind. I explain options and give referrals if they ask. I know good brokers with different personalities and I generally refer where I think there will be a good match on that basis.
Anyway, Being able to talk fluently on this topic will be helpful in advocating for my clients.
