Forum Replies Created
-
AuthorPosts
-
waiting hawk
ParticipantThe crash was heading right as we saw it back a few years ago. I never thought government action would have ANY effect but I was wrong. Can they keep it up is a whole nother issue.
ParticipantThe crash was heading right as we saw it back a few years ago. I never thought government action would have ANY effect but I was wrong. Can they keep it up is a whole nother issue.
ParticipantThe crash was heading right as we saw it back a few years ago. I never thought government action would have ANY effect but I was wrong. Can they keep it up is a whole nother issue.
ParticipantThe crash was heading right as we saw it back a few years ago. I never thought government action would have ANY effect but I was wrong. Can they keep it up is a whole nother issue.
March 13, 2010 at 11:41 AM in reply to: Need to lock…what are rates doing out there experts? #525342ParticipantPerfect post HLS. My first house I bought was 50% down, 8% DTI back end, 775 fico, and I still needed an extention to not pay the per diem through BofA. Yes they dont care and what really held me up was cash. DO NOT dump cash into your account up to 2 months. That almost killed my primary deal right there. Even though it was only 15k that is a ton to them. Line yourself up for a smooth transaction ahead of time. One broker said it best, “when your file falls off the tracks at a retail office it is hard to get it cruising on the track again”. But their rates and fees were low. You just have to prepare ahead of time.
March 13, 2010 at 11:41 AM in reply to: Need to lock…what are rates doing out there experts? #525475ParticipantPerfect post HLS. My first house I bought was 50% down, 8% DTI back end, 775 fico, and I still needed an extention to not pay the per diem through BofA. Yes they dont care and what really held me up was cash. DO NOT dump cash into your account up to 2 months. That almost killed my primary deal right there. Even though it was only 15k that is a ton to them. Line yourself up for a smooth transaction ahead of time. One broker said it best, “when your file falls off the tracks at a retail office it is hard to get it cruising on the track again”. But their rates and fees were low. You just have to prepare ahead of time.
March 13, 2010 at 11:41 AM in reply to: Need to lock…what are rates doing out there experts? #525920ParticipantPerfect post HLS. My first house I bought was 50% down, 8% DTI back end, 775 fico, and I still needed an extention to not pay the per diem through BofA. Yes they dont care and what really held me up was cash. DO NOT dump cash into your account up to 2 months. That almost killed my primary deal right there. Even though it was only 15k that is a ton to them. Line yourself up for a smooth transaction ahead of time. One broker said it best, “when your file falls off the tracks at a retail office it is hard to get it cruising on the track again”. But their rates and fees were low. You just have to prepare ahead of time.
March 13, 2010 at 11:41 AM in reply to: Need to lock…what are rates doing out there experts? #526016ParticipantPerfect post HLS. My first house I bought was 50% down, 8% DTI back end, 775 fico, and I still needed an extention to not pay the per diem through BofA. Yes they dont care and what really held me up was cash. DO NOT dump cash into your account up to 2 months. That almost killed my primary deal right there. Even though it was only 15k that is a ton to them. Line yourself up for a smooth transaction ahead of time. One broker said it best, “when your file falls off the tracks at a retail office it is hard to get it cruising on the track again”. But their rates and fees were low. You just have to prepare ahead of time.
March 13, 2010 at 11:41 AM in reply to: Need to lock…what are rates doing out there experts? #526273ParticipantPerfect post HLS. My first house I bought was 50% down, 8% DTI back end, 775 fico, and I still needed an extention to not pay the per diem through BofA. Yes they dont care and what really held me up was cash. DO NOT dump cash into your account up to 2 months. That almost killed my primary deal right there. Even though it was only 15k that is a ton to them. Line yourself up for a smooth transaction ahead of time. One broker said it best, “when your file falls off the tracks at a retail office it is hard to get it cruising on the track again”. But their rates and fees were low. You just have to prepare ahead of time.
Participant[quote=HLS]
It’s never been more difficult to get a loan through any lender, and the lowest/cheapest means nothing if the loan can’t close.[/quote]This is true. Wells retail was a friggin joke. I almost switcherd at the end due to their incompotence. 30%dti buyer with no debt 20% down and they pissed me off bad. You have to watch it with those retail lenders as their processors are back who knows where with the UW. Stay on top of em or your file will get old fast on some shelf while they process all those losers getting loan mods ahead of you.
Participant[quote=HLS]
It’s never been more difficult to get a loan through any lender, and the lowest/cheapest means nothing if the loan can’t close.[/quote]This is true. Wells retail was a friggin joke. I almost switcherd at the end due to their incompotence. 30%dti buyer with no debt 20% down and they pissed me off bad. You have to watch it with those retail lenders as their processors are back who knows where with the UW. Stay on top of em or your file will get old fast on some shelf while they process all those losers getting loan mods ahead of you.
Participant[quote=HLS]
It’s never been more difficult to get a loan through any lender, and the lowest/cheapest means nothing if the loan can’t close.[/quote]This is true. Wells retail was a friggin joke. I almost switcherd at the end due to their incompotence. 30%dti buyer with no debt 20% down and they pissed me off bad. You have to watch it with those retail lenders as their processors are back who knows where with the UW. Stay on top of em or your file will get old fast on some shelf while they process all those losers getting loan mods ahead of you.
Participant[quote=HLS]
It’s never been more difficult to get a loan through any lender, and the lowest/cheapest means nothing if the loan can’t close.[/quote]This is true. Wells retail was a friggin joke. I almost switcherd at the end due to their incompotence. 30%dti buyer with no debt 20% down and they pissed me off bad. You have to watch it with those retail lenders as their processors are back who knows where with the UW. Stay on top of em or your file will get old fast on some shelf while they process all those losers getting loan mods ahead of you.
Participant[quote=HLS]
It’s never been more difficult to get a loan through any lender, and the lowest/cheapest means nothing if the loan can’t close.[/quote]This is true. Wells retail was a friggin joke. I almost switcherd at the end due to their incompotence. 30%dti buyer with no debt 20% down and they pissed me off bad. You have to watch it with those retail lenders as their processors are back who knows where with the UW. Stay on top of em or your file will get old fast on some shelf while they process all those losers getting loan mods ahead of you.
-
AuthorPosts
