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Updated about 9 years ago on . Most recent reply

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Walter Purdy
  • Real Estate Consultant
  • Las Vegas, NV
19
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This is always a game changer....

Walter Purdy
  • Real Estate Consultant
  • Las Vegas, NV
Posted

I'm curious real estate agents, what is it that you look for in a mortgage lender that you exchange business with? What are the biggest differences in the lenders you continue to do business with & the lenders you stopped doing business with? Basically how can I keep the best win/win relationships with my agents? Any feedback is appreciated 

  • Walter Purdy
  • Most Popular Reply

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    Jake Thomas
    • Residential Real Estate Agent
    • Grand Rapids, MI
    689
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    803
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    Jake Thomas
    • Residential Real Estate Agent
    • Grand Rapids, MI
    Replied

    @Walter Purdy The most important thing I look for with lenders is there level of communication with me. If they are responsive and keep me in the loop I know they are doing the same with my clients. The second most important thing is to make sure the lenders don't experience unnecessary delays with closings. I just had a transaction where I was the listing agent and the buyers agent came to me and said we have to push closing back two weeks because the lender is busy and they had a backup of files in underwriting. The lender I use has never had a delay in 30+ transactions and the only time they do have a delay is because the client hasn't provided the required info or they miss signing their CD 3-4 days before close. 

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