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ANTHONY6977
886 Posts |
Posted - 07/02/2008 : 3:13:43 PM
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| W/full package? |
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dkendall1979
8743 Posts |
Posted - 07/02/2008 : 3:15:19 PM
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| It helps of your already an approved broker. If you are, I can get things done pretty quick. However, every time I hear "full package" it seems some things are missing. |
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ANTHONY6977
886 Posts |
Posted - 07/02/2008 : 3:16:30 PM
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| lol, true that. i was wondering if someone was going to comment that, "missing something" |
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dkendall1979
8743 Posts |
Posted - 07/02/2008 : 3:39:55 PM
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Lol! I bet you can!
quote: Originally posted by rocky007
With complete package I can help esp. on residnetial over $1.5 Million. Email me if I can help! Cary at wmgpromo@aol.com
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williamspeaking
4043 Posts |
Posted - 07/02/2008 : 4:07:11 PM
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im 48-72 hrs UW we close loans as fast as you can get your ducks in a row. |
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benjamin
1634 Posts |
Posted - 07/02/2008 : 4:18:41 PM
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Sent a LP approved file to Taylor Bean on Sat. Cleared to close this morning.
Sent a rush file to Trust One last week , closed today. |
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the_mortgage_guy
803 Posts |
Posted - 07/02/2008 : 6:26:59 PM
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quote: Originally posted by rocky007
With complete package I can help esp. on residnetial over $1.5 Million. Email me if I can help! Cary at wmgpromo@aol.com
How do people post looking for biz with aol, yahoo emails? |
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LendingRight
35 Posts |
Posted - 07/02/2008 : 7:57:20 PM
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I can get you an approval 24-48 hours. Call me if you are interested.
State: California
Erica Moreno |
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LendingRight
35 Posts |
Posted - 07/02/2008 : 7:58:25 PM
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Opps! Forgot to give you my contact info.
Erica Moreno EZ Funding 323.697.1530 cell 562.299.5594 efax
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CoralSnake
10298 Posts |
Posted - 07/02/2008 : 8:04:53 PM
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quote: Originally posted by rocky007
With complete package I can help esp. on residnetial over $1.5 Million. Email me if I can help! Cary at wmgpromo@aol.com
AOL now has a lending division? |
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lobb
128 Posts |
Posted - 07/02/2008 : 9:16:50 PM
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| United Wholesale Mtg has been extremely fast out of Michigan for me. Stips not bad and rates are middle of the road. Their website is uwmco.com My rep is Bryan Genovich. |
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peter
3860 Posts |
Posted - 07/02/2008 : 9:33:11 PM
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I just sent 2 full packages of full doc A files to NBGI and Provident Bank Mortgage upon promises of 48 hours turnaround time. I can wait for 2-3 days alright as time is not that critical as long as the A/Es are on top of my files. These days, I have lost faith in sending files to big lenders, i.e. Wells, HSBC, HomeComings, due to their A/Es being overstretched to service my files more attentively and their customer service clerks can be frivolous with some stips. Dealing with pass-thru mortgage bankers with excellent services may give a little less rebate but you get your files closed fast and issues resolved thru the help of the right A/Es and underwriters. They seem to care more about their brokers than big banks these days, and this is the mood that I see.
Peter
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socalusa
260 Posts |
Posted - 07/02/2008 : 10:13:15 PM
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Try us, if loan is in CA.
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FundStar14
684 Posts |
Posted - 07/03/2008 : 10:08:11 AM
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| AmTrust is always quick to UW and clear conditions and you draw your own docs which makes closing from start to finish in a week a reality, however, a FULL Clean file is needed.... |
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mantixmortgage
2660 Posts |
Posted - 07/03/2008 : 10:11:43 AM
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| we're pretty quick lately. 48-72 hours for the approval, then once you get conditions in its 24 hours to docs |
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peter
3860 Posts |
Posted - 07/03/2008 : 12:35:09 PM
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Aside from a quick turnaround time which can be 48 to 72 hours, some lenders offer Free Credit Report via their AUS (See Taylor Bean & Chase Zippy & Citi). To match the Free Credit Report facility extended to their brokers, some morgage bankers' A/Es offer to run DU or LP free of charge to brokers on the basis of the 1003 taken with revoliving debts to be identified after the 1st DU or LP run b the A/E. Then, the DU or LP credit report is e-mailed back to the broker or the L/O, to complete the revolving debts and to pay offs some necessary items to bring down the DTI. Then, the A/E will run DU or LP the second time or until the loan is approved as LP Accept Plus or DU/Eligible.
Of course, the files go to the A/E and the lender who extend this service of Free Credit Report as the DU or LP findings cannot be assigned to another lender.
Any A/E here is offering this service too?
Peter
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mortgagegirl1010
180 Posts |
Posted - 07/04/2008 : 8:08:08 PM
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| I just had a file that I submitted to Flagstar under 80 loan to value. They are on 3.5 hour turnaround time. I got my approval very quick. |
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cspatmon
1118 Posts |
Posted - 07/04/2008 : 8:32:52 PM
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I'm puzzled sometimes about OP asking about turn times and "I have a full pkg."...."ready to go". If you don't have a wholesale or correspondent relationship with any of the lenders mentioned.... Your question is irrelevant. I get information everyday about rates, program changes from all affiliations. Therefore, you can stay informed and can keep your clients informed. I'm rambling, I guess I'll retire my rum & coke! |
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cspatmon
1118 Posts |
Posted - 07/05/2008 : 10:38:13 AM
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| Bump! |
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sav298
25 Posts |
Posted - 07/07/2008 : 9:37:19 PM
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| AmTrust is the way to go |
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