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  • May 13, 2008 at 5:22 PM #12725
    KPP
    Participant

    We have been having problems with our loan broker. There were times in the beginning where we thought about changing our loan broker, but figured this would only take 3 weeks and then it’ll be over with, so we ended up staying with “Joice.”

    It has been three weeks into the loan process and feel like we are no different today than we are from day 1. We’ve given her a lot of information, and still she has no given us any quotes, letters, or statements. She got into a huge verbal argument with our real estate agent over how the “incentive” money shuold be spent last week.

    Today I again asked her what other conditions I needed to meet, when I’d get some sort of loan lock or preapproval letter…ANTYING! I don’t even know what her fees are, but with closing date coming, I’m too far into it to start over. She was explaining I could only use 3% of my incentive monies and that made NO sense to me, along with everything else she was explaining with her fees. So I asked her if I could have the loan processor from Citibank call me to explain, from a different perspective, or if it be easier, if I could call them.

    Must have hit a nerve, and Joice straight LOST IT. She started screaming at me, “Who the hell do you think you are?! You want the processor’s number so you can give it to your agent? Your agent is a nobody!! Forget this! Forget you!! I’m cancelling this loan!!” then click, she hung up on me.

    Woah now. I did not expect that at all. All I wanted was some sort of clairfication. I think it’s odd when I haven’t received any sort of paperwork from them, when the builder I’m buying from has more information on my loan than I do! I think back (this happened 20 minutes ago), and maybe she was just insecure I was going to go straight to the lender and get a loan.

    NOW, what can I do now? I heard that ditching a loan broker and going around directly to the lender is not a good practice, and that I cannot even be guaranteed same rates, since they get “wholesale” rates and I get “retail” rates. I had no intention of “ditching” the broker, and was simply asking for clarification from someone else. With 8 days until closing, what do you guys recommend I do? I’ve called Citibank and they’re processing department is closed. I won’t know what to do until tomorrow.

    Any advice or help would be greatly appreciated…

    May 13, 2008 at 5:25 PM #203449
    sdrealtor
    Participant

    The advice is both simple and obvious…..find yourself a new lender. How bout Sheldon? (aka HLS on this board)

    May 13, 2008 at 5:25 PM #203502
    sdrealtor
    Participant

    The advice is both simple and obvious…..find yourself a new lender. How bout Sheldon? (aka HLS on this board)

    May 13, 2008 at 5:25 PM #203528
    sdrealtor
    Participant

    The advice is both simple and obvious…..find yourself a new lender. How bout Sheldon? (aka HLS on this board)

    May 13, 2008 at 5:25 PM #203551
    sdrealtor
    Participant

    The advice is both simple and obvious…..find yourself a new lender. How bout Sheldon? (aka HLS on this board)

    May 13, 2008 at 5:25 PM #203586
    sdrealtor
    Participant

    The advice is both simple and obvious…..find yourself a new lender. How bout Sheldon? (aka HLS on this board)

    May 13, 2008 at 5:27 PM #203454
    JWM in SD
    Participant

    Why the hell are you buying a house now? Did you the primer? Have you read any of the posts other than those that tell you what you want to hear?

    Seriously, go back and read the primer and rethink what you are doing. We are not at a bottom.

    May 13, 2008 at 5:27 PM #203506
    JWM in SD
    Participant

    Why the hell are you buying a house now? Did you the primer? Have you read any of the posts other than those that tell you what you want to hear?

    Seriously, go back and read the primer and rethink what you are doing. We are not at a bottom.

    May 13, 2008 at 5:27 PM #203533
    JWM in SD
    Participant

    Why the hell are you buying a house now? Did you the primer? Have you read any of the posts other than those that tell you what you want to hear?

    Seriously, go back and read the primer and rethink what you are doing. We are not at a bottom.

    May 13, 2008 at 5:27 PM #203555
    JWM in SD
    Participant

    Why the hell are you buying a house now? Did you the primer? Have you read any of the posts other than those that tell you what you want to hear?

    Seriously, go back and read the primer and rethink what you are doing. We are not at a bottom.

    May 13, 2008 at 5:27 PM #203591
    JWM in SD
    Participant

    Why the hell are you buying a house now? Did you the primer? Have you read any of the posts other than those that tell you what you want to hear?

    Seriously, go back and read the primer and rethink what you are doing. We are not at a bottom.

    May 13, 2008 at 5:29 PM #203459
    Enorah
    Participant

    Here is some spin.

    Be thankful that she lost it and you have rid yourself of a ton of negativity you do not need, especially at a time when you are feeling vulnerable.

    The right person will cross your path and soon.

    May 13, 2008 at 5:29 PM #203511
    Enorah
    Participant

    Here is some spin.

    Be thankful that she lost it and you have rid yourself of a ton of negativity you do not need, especially at a time when you are feeling vulnerable.

    The right person will cross your path and soon.

    May 13, 2008 at 5:29 PM #203538
    Enorah
    Participant

    Here is some spin.

    Be thankful that she lost it and you have rid yourself of a ton of negativity you do not need, especially at a time when you are feeling vulnerable.

    The right person will cross your path and soon.

    May 13, 2008 at 5:29 PM #203560
    Enorah
    Participant

    Here is some spin.

    Be thankful that she lost it and you have rid yourself of a ton of negativity you do not need, especially at a time when you are feeling vulnerable.

    The right person will cross your path and soon.

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