Doug Jones's (dougj) Blog

Follow me
By
Mortgage and Lending - Mortgage Magic

ARCHIVED BLOG POSTS

2012 

Papers, Papers, and Papers     Loans are getting funded but Underwriters are still having a difficult time simply approving the loans. Therefore loans are taking a long time. As I am writing this we have a customer purchasing a property for $700,000 and he is putting down $350,000. The customer h...
12/07/2012
  Have we gone too far?   We are funding loans but..................   the condition lists are normally long and even imaginative. The recent most amazing loan condition:   "Appraiser to cover up the religious symbol in the 4th bedroom picture."   I looked at the picture and the customer had a sm...
12/06/2012
Rainmaker
376,831

Doug Jones

Mortgage Broker - NMLS 286668
local_phone(408) 975-2400
smartphone(408) 209-6773
Contact The Author