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  • January 15, 2009 at 6:27 AM #14838
    moneymaker
    Participant

    Is it common?possible?or even a good?bad?idea to originate 2 or more loans for the same property? Seeing as the process is so long and tedious, in order to get “competition” among the lenders is it ok to have 2 loans in process during escrow? Thoughts? Experiences? HLS?

    January 15, 2009 at 8:48 AM #329132
    (former)FormerSanDiegan
    Participant

    I think you mean applications, not originations.

    If you have two originations (meaning two loans have been made) then that means something else altogether.

    January 15, 2009 at 8:48 AM #329473
    (former)FormerSanDiegan
    Participant

    I think you mean applications, not originations.

    If you have two originations (meaning two loans have been made) then that means something else altogether.

    January 15, 2009 at 8:48 AM #329544
    (former)FormerSanDiegan
    Participant

    I think you mean applications, not originations.

    If you have two originations (meaning two loans have been made) then that means something else altogether.

    January 15, 2009 at 8:48 AM #329572
    (former)FormerSanDiegan
    Participant

    I think you mean applications, not originations.

    If you have two originations (meaning two loans have been made) then that means something else altogether.

    January 15, 2009 at 8:48 AM #329656
    (former)FormerSanDiegan
    Participant

    I think you mean applications, not originations.

    If you have two originations (meaning two loans have been made) then that means something else altogether.

    January 15, 2009 at 1:15 PM #329426
    moneymaker
    Participant

    By origination I mean appraisal,underwriting,lock one loan, float the other. Sorry if I’m using the wrong terminology.

    January 15, 2009 at 1:15 PM #329768
    moneymaker
    Participant

    By origination I mean appraisal,underwriting,lock one loan, float the other. Sorry if I’m using the wrong terminology.

    January 15, 2009 at 1:15 PM #329839
    moneymaker
    Participant

    By origination I mean appraisal,underwriting,lock one loan, float the other. Sorry if I’m using the wrong terminology.

    January 15, 2009 at 1:15 PM #329866
    moneymaker
    Participant

    By origination I mean appraisal,underwriting,lock one loan, float the other. Sorry if I’m using the wrong terminology.

    January 15, 2009 at 1:15 PM #329949
    moneymaker
    Participant

    By origination I mean appraisal,underwriting,lock one loan, float the other. Sorry if I’m using the wrong terminology.

    January 15, 2009 at 7:58 PM #329642
    ariffe22
    Participant

    I’ve heard that the lenders don’t like this especially the one that gives you a lock if you don’t fund with them.

    January 15, 2009 at 7:58 PM #329981
    ariffe22
    Participant

    I’ve heard that the lenders don’t like this especially the one that gives you a lock if you don’t fund with them.

    January 15, 2009 at 7:58 PM #330054
    ariffe22
    Participant

    I’ve heard that the lenders don’t like this especially the one that gives you a lock if you don’t fund with them.

    January 15, 2009 at 7:58 PM #330082
    ariffe22
    Participant

    I’ve heard that the lenders don’t like this especially the one that gives you a lock if you don’t fund with them.

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