requirements for loan ORIGINATOR
face to face accountability first mixed with Internet capabilities – you do not want a loan originator who hides behind the phone Iowa. These skilled sales people and you need to be able to keep sales people accountable and I will tell you what you need to ensure that you are on the hook. With that said, not the Stone Age. You need to have an electronic signature, electronic filling and digital progress tracker; but they supplement face-to-face access to, but not replace it.
2. While you're shopping rates– acknowledges how quickly you respond if you take the time to call versus just e-mail, and if you really enjoy talking to people. This will be a 30-day contract process, so close is better than a man. Again, these sales people. If they do not fake it pretty hard to like them during the sales process, imagine how it will work once it's commitment. They better get lightning-fast responses while sales because of the time, however, these responses were likely to slow the subscription process.
3. DO NOT pricing your only deciding factor. Getting a competitive rate is important, but it does not mean selling your soul $ 9 / mo. The most important thing is getting the job within the prescribed time limit should be pain-free. If the work is not done right, you can lose money due diligence, evaluation and inspection costs, and potentially your dream home. Ratio is not compensated, unrelated, trust is the best way to know if the company decides to solve the problem.
I hope as many people accept my advice and save yourself the terrible experience. People may be naive and think that everyone is working out to help them, when in reality, most people are just out to help themselves. The loan originator, lender, loan officer, mortgage originator, mortgage advisor, mortgage consultant, whatever you want to call them, they are all very precisely the same thing, no matter what kind of company you are. The real title sales person. "An average loan transaction bank, the person who sells it for about $ 2000. Imagine the things you tell someone to make money. Defend yourself.