Whatever

Duckbutter6

Duckbutter6

Joined
Jun 10, 2019
Messages
5,861
AssBurns said:
Hah! I just had a client call me and tell me that he wants to move forward with me instead of the other lender he thought he was getting a better deal with.

So a few weeks back I got this client Pre-Approved for a specific amount. He decides to write an offer $50k higher than what I had him Pre-Approved for. I told him that I can't make it work with his current credit situation and even if we got his scores up it still requires 20% down. Well he didn't like what I had to tell him so he went with another lender that told him what he wanted to hear. He didn't get his offer accepted on that house but a week later he got an accepted offer on another house. Turns out the other lender pulled the whole bait-n-switch tactic on him. He now has to put 20% down instead of 15% PLUS pay off his $25k auto loan in order to get an approval on this house he already put down a $19k deposit on. That's about $60k difference from what he was initially told.
Borrower calls me back up super stressed out and asks my opinion. I'm able to possibly make 15% down happen (Might need 20% down if his scores don't get up high as we are expecting) WITHOUT paying off any auto loans, and give him a way better interest rate. Funny how that happens when you talk to some that tells you what you want to hear instead of what you need to hear.
Click to expand...

lmao
People with weak credit don’t want to hear anything other than how you’re going to help them rather than how they need to help themselves first.
 
NunyaBizness

NunyaBizness

M O D E R E T A R D
Joined
Mar 14, 2019
Messages
431
When the furnace is on, and the propane runs out. And you realize...

"Its gonna be a long fucking night...."

That's the home town feel I get round here.


Wouldn't trade it for anything....




... except maybe a hoodie
 
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