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Updated about 2 months ago on . Most recent reply

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Erik Estrada
#1 Questions About BiggerPockets & Official Site Announcements Contributor
  • Lender
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5,140
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Brokers, what do you do if a borrower goes retail with the same lender you quoted?

Erik Estrada
#1 Questions About BiggerPockets & Official Site Announcements Contributor
  • Lender
Posted

I think this has happened to a lot of us.. I am curious to know how most Brokers handle this? Is it a total loss? Do you create a broker-agreement before you work with a client? 

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LuxePrivate Investments LLC
5.0 stars
60 Reviews

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Brandon Croucier
  • Lender
  • Nashville, TN
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Brandon Croucier
  • Lender
  • Nashville, TN
Replied

Why is the lender allowing this to take place? They clearly do not value their broker relationships.

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ALL LOANS FUNDING
4.8 stars
5 Reviews

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