Back when interest rates were around 6.5% I talked to some Mortgage Bankers / Brokers and estimated that if we bought a $150,000 house with a 3% down payment we would be paying the same as we are now after PITI minus tax advantages plus the increased utility bill we would be paying if we had a yard and extra square footage plus maintenance expenses.

The VP of the bank knows me by name even though I am a very small time customer there.

No real estate broker,salesperson or finder who may receive a fee or other compensation, with respect to the Pending Sale, is anAffiliate of Borrower.

Indecent 1: They held funds for several days then reached out and ask me to verify my company's info by sending in a business license, state filings and a list of other documents.Indecent 2: They held funds and asked me to verify that my customer was a real person, customer had to provide personal information and confirm that they knew me.Indecent 3: On another transaction they held funds stating that they thought I would make only $10k or less in revenues which is insane.

The broker is related to the seller.

If you are real estate agent broker or company we have incentive programs for referrals.

I didnt realize that Realtors referred buyers (who they knew couldnt afford it) to brokers that had appraisers & banks with these underwriter's (who checked for a pulse) and the loans were put into securities.

If you're in the morgage business you should already know a few buyers or if you don't some of the other brokers will.Good luck,donrock

I'd suggest talking to other brokers in your area and see if they think it's worth it.I say go for it.

I have had a few customers now who's kids have been poisoned in nice suburban homes from crawling around on floors of houses where the previous owner (1970-80's) decided to strip paint.