109: Ask A Broker 003: How Do You Deal with Last Minute Lender Switches?

from I Love Mortgage Brokering · host I Love Mortgage Brokering

You work hard with a lender to get a client pre-approved. The client now wants to find another lender for a lower rate, and/or remove the subjects in a shorter timespan. How do you maintain your lender ratios? How do you avoid wasting your time (and the underwriter’s time)? How do you balance the client’s interests with your lenders’ interests? Ask A Broker is sponsored by: Lendesk Lendesk – the ultimate mortgage CRM for brokers. Lendesk is empowering mortgage brokers and lenders to modernize their business. Sign up for early access to find out more. I Love Mortgage Brokering: www.ilovemortgagebrokering.com Find out more about the $25 Million Dollar Blueprint: www.get25million.com Check out our other podcast, 10 Loans a Month: www.10loansamonth.com

What this episode covers

You work hard with a lender to get a client pre-approved. The client now wants to find another lender for a lower rate, and/or remove the subjects in a shorter timespan. How do you maintain your lender ratios? How do you avoid wasting your time (and the underwriter’s time)? How do you balance the client’s interests with your lenders’ interests? Ask A Broker is sponsored by: LendeskLendesk – the ultimate mortgage CRM for brokers. Lendesk is empowering mortgage brokers and lenders to modernize their business. Sign up for early access to find out more. I Love Mortgage Brokering: www.ilovemortgagebrokering.com Find out more about the $25 Million Dollar Blueprint: www.get25million.com Check out our other podcast, 10 Loans a Month: www.10loansamonth.com