William Piotrowski, Just Call William 630-881-8655 (Diamond Residential Mortgage Corporation )

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Rainmaker
548,641
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

My lender? I have a list of lenders I use, not a lender.

Jan 25, 2016 03:04 AM
Rainmaker
625,629
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

I am very careful about recommending any specific lenders. But I do have a list of those my clients have worked with, those who received positive reviews. PS. I just started a "lenders from hell" list just in case a client wants to work with one of them. 

Jan 25, 2016 08:59 AM
Ambassador
3,274,625
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

My first lending partner was my lender before I got into real estate.

Second lender approached me to do a radio show and she became my lender.

Third, and current lending partner, I found right here in the Rain. 

John Meussner is my preferred lending partner. He refinanced my  residence in 2014 and every client he has served raves about him. Rightfully so. He is licensed in four states.

What's important: Responsive. Knows their stuff. Honest.

Not important but appreciated:  funny ... a great sense of humor.

Jan 25, 2016 04:31 AM
Rainer
150,366
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

I have several lenders that I refer business to, but the one that seems to be my primary invests a LOT of his time in my business. He sits in with me on about 15-20 open houses a year, and is always available to answer questions that my clients have.

In the end, I let my clients decide if to use any that I refer them to, or someone that they like. I do stress however, its not a "price alone" decision anymore!

Michael

 

Michael Thacker - Louisville Realtor

The Thacker Group - Kentucky Select Properties

Jan 25, 2016 03:08 AM
Rainmaker
2,310,570
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Most of the lenders I work with were on the other side of the deals when I had the listings.  If they went above and beyond, I met with them and added them to my Favorite List.  I have had lenders cold call me and I always have one question for them.

What are you going to do to promote my business if I hand my buyers over to you.  Sadly - none of them have a good answer yet.

Jan 25, 2016 03:03 AM
Rainmaker
617,935
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

William,
I find new lenders by how well they performed for the buyers of my listings.

 

What I need is great service, and no surprises. If you tell me something will happen, it needs to happen unless there are significant extenuating circumstances. BTW, my clients need to love you and thank me for referring them to you.

Jan 25, 2016 03:01 AM
Rainmaker
4,433,927
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I have  a list. I always look for lenders who did  agreat job for the buyer of my listings  and ask them for their card at the settlement 

Jan 25, 2016 10:51 PM
Rainmaker
4,706,728
Richard Weeks
Dallas, TX
REALTOR®, Broker

He had an office at the real estate brokerage.  Over 30 years in the business.  Very knowledgeable and very respected.  Quoted in the real estate section of the Dallas Morning News on a regular basis.  Also frequently appears on CNN and Fox Business discussing the lending industry.  And he attends each and every closing.

Jan 25, 2016 10:31 PM
Rainmaker
4,479,155
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I don't have just one lender.  I have found them in different ways over the years.

Ability.  

Jan 25, 2016 09:58 PM
Ambassador
3,140,747
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

my favorite... he found me.  the ones I use, I keep on the list because they communicate, are honest, treat our mutual clients well and close on time.

Jan 25, 2016 01:41 PM
Ambassador
3,725,414
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

On ActiveRain, and he's good.

Jan 25, 2016 01:32 PM
Rainmaker
2,442,725
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

A listing agent recommended him to me when my lender could not get the deal approved back in 2009. I talked to him off and on over a year and then started feeding him all my business. I like knowing what is going on and he tells me plus I like knowing the mortgage programs and he educates me. Says most agents don't want to know. Just says to get the job done and let them know when closing is.

Jan 25, 2016 11:36 AM
Rainmaker
2,282,114
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

he closes deals that he says he will - he had a relationship with my office

Jan 25, 2016 10:57 AM
Rainer
223,781
LUXURYSOCALREALTY COMPASS La Jolla
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

My lender is part of our brokerages affiliated business arrange nun and luckily I am happy to use all ABA vendors 

Jan 25, 2016 10:42 AM
Rainmaker
140,668
Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

I found my lender through doing transactions.  The important feature is that they can get transactions closed on time.

Jan 25, 2016 10:04 AM
Rainmaker
2,216,373
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I have a team and one of my members had worked with a particular lender. The most important thing about a lender I use is for the lender to answer the phone when I call specially during the weekend when I need a pre approval letter to write an offer.

Jan 25, 2016 09:01 AM
Rainer
80,653
Linda Guess
Keller Williams Tri-Lakes Branson, MO - Branson, MO
Branson area real estate sales.

In the beginning of my real estate career I ran into some bad lenders.  Now I am careful to get referrals from other agents or title officers before I try any new lenders. 

Jan 25, 2016 08:48 AM
Rainmaker
1,012,584
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I have 2 I love. It's simple: they do not screw up. In a decade and a half.

Jan 25, 2016 08:43 AM
Ambassador
3,382,372
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Found the lenders I use through working with them.  It's most important they be responsive, know their stuff and make sure when I refer someone to them, that client doesn't feel they have entered a black hole.

Jan 25, 2016 07:58 AM
Rainer
67,319
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

He worked into my model one day and we started talking.  I gave a client and he did a great job.  He has been the go to agent for me.  He closes buyer that would never close with any of lender because he thinks outside the box.  I have 3 most important to me: he follows up with the client, follows up with me and if they can close he gets them closed.

Jan 25, 2016 07:34 AM
Rainmaker
3,986,161
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I found him by luck and I use him because he is GOOD!

Jan 25, 2016 07:08 AM
Ambassador
4,218,586
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

The lenders I have found and still use have come with my buyers and have had successful closings

Jan 25, 2016 06:04 AM
Rainmaker
4,800,052
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't have just one lender but a few.  Most I've found by being on the other side of the transaction.

Jan 25, 2016 04:58 AM
Rainmaker
152,261
Chrissi Chapman Topoleski
Coldwell Banker Realty - Woodbridge, VA
Helping agents live an exceptional life!

I have 3 that I use, and sometimes it's the type of loan they need that makes me decide who to recommend. My lending partner invests time and money into my business as well, co-marketing, making flyers, doing open houses, willing to answer questions, and will sit down with my clients (like all 3 will) and really give them an education. Oh, and he's always ready to close early.

Jan 25, 2016 04:48 AM
Rainmaker
921,404
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

 "No one else knows what they're doing either!" 

How did I find my preferred lender(s)?
They called me. They met me at brokers opens. They dropped by because they saw 'Open House' on the lawn.

What is most important about the lender I prefer?
There is only ONE thing.....and its a BIGGIE.
It not paying a penalty if you, the lender, miss the closing date.
It is not co-marketing or that little free app you have.
Sorry it is not your exceptional communications or attentiveness.
It is not your task management skills but it is this one thing
THE ASSURANCE OF CLOSING.

If you say you can, you must.

Now, I do ask, "What are the resources you control that provides the assurance of closing?" 

 

 

Jan 25, 2016 04:47 AM
Rainmaker
1,818,340
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

One lender I work with is here on AR in my area. The others are lenders that I have worked with for quite some time. There are 2 partners in our office that are available but I do not use. I do not like how they do business & seem a little stuffy about loan size, etc.

A lender has to follow up on a timely basis. Email is great for that. Some lenders are great at this & others are just horrible. For some reason, lenders do not think that this contact 'is their job' but that of their assistants. Maybe so, but what happens when you don't hear from anybody?

I do try to match the buyers personality with the LO. 

Jan 25, 2016 04:20 AM
Rainmaker
1,231,736
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Howard Hanna Financial, they go above & beyond to get the transaction closed.

Jan 25, 2016 04:03 AM
Rainmaker
1,223,422
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Reputation locally. These days the name of the lender agent is as important as realtor.  They must perform per contract.

In our brokerage same office there are 5 lenders. Same building same floor there are 3.

Jan 25, 2016 04:01 AM
Rainmaker
864,658
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Referrals. The most important thing to me is that when they say our clients are underwritten approved that it means the same as cash in the bank. I don't want to hear about a last minute discovery from UW right before we are about to close. Btw...it does happen more often than it should (personal experience).

Jan 25, 2016 03:30 AM
Rainmaker
1,496,848
Raymond E. Camp
Ontario, NY

I interview the lenders that are on my list.

My biggest plus is one that calls back in a resonable amount of time.

Jan 25, 2016 03:09 AM
Rainmaker
1,280,748
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Assistant

We met one of our lenders when she was teaching a class. We enjoy working with her because she is experienced and knowledgeable and she shares that with others. She also has various programs that can help our clients.

Sep 15, 2016 05:43 AM
Rainmaker
975,729
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

William - My lender is the same lender my broker used. What is most important is that they are honest and don't hide anything from me (communication), as well as skilled in loan programs and finding ways to get transactions closed.

Jan 26, 2016 06:12 PM
Ambassador
6,177,073
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I interviewed 5 of them, three handed me a stack of papers to fill out so they could see if I would fit into some federal program.

Two took a good look at business plan, that narrowed it down, and I chose the one with the experience and common sense to lend me money and sound advice.

I send business his way all the time and have worked with him on more deals than I can remember.

Jan 26, 2016 10:59 AM