Not for me — for our lenders…
Until lately, lenders and title people never really lived in our world. You could get ‘em on the phone all day long — so long as it wasn’t Sunday, so long as it wasn’t 9:30 at night.
That’s changing, thank goodness, especially with lenders.
But: If I need a Loan Status Report (that’s Arizonan for a pre-qual form) at 9:30 on a Sunday night, I need it.
So here’s what I want for one (or more) of y’all to make for lenders:
1. Give them whatever kind of pre-qual calculator they need — with internet access, of course.
2. At the lender’s option, issue the pre-qual information in any extant state association of Realtors form, along with something generic and an auto-generated cover letter.
3. Email as a PDF or send an e-page with a URL to a PDF on your server.
As dumb as these forms are, and as perniciously useless as they sometimes can be, it’s getting to be impossible, in Arizona at least, to submit a contract without one.
So: If you would, please make it easy for lenders to make loan commitments.
Feel free to charge ‘em for the app, of course. We all know they’re loaded…Related posts:
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