Weekend Coverage 11:00am - 3:00pm - - -(269) 360-7109

Lender Panel Discussion

This event is going to be a ton of fun and great opportunity for real estate agents to bombard lenders with questions.

Location Greater Kalamazoo Association of Realtors

  • When: May 21st, 2015
  • Time: 8:30 – 10:00
  • Catered made to order omelets @ 8:30 – – Presentation @ 9:00 am

Moderator:  Jeremy Drobeck, Amerifirst Home Mortgage

Panelists:

  • John Denny, Northpointe Bank
  • Scott Cowherd, Kalamazoo Mortgage
  • Steven Woloszyk, PrimeLending, A PlainsCapital Company

Hear about underwriting concerns, tools & tips for credit integrated disclosures coming Aug. 1st, red flag items, and much more.

Coordinated by the GKAR Education Committee

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S.O.S. SAVE OUR SALE

S.O.S. SAVE OUR SALE: WHAT TO DO WHEN YOUR LENDER STALLS WEEKS BEFORE CLOSING!

Did your mortgage lender suddenly go radio silent, request the same bank statement for the fourth time, or drop a last-minute loan denial right before your scheduled closing date?

Yesterday, a panicked real estate agent called my office from Portage. Their buyer had been under contract for three weeks on a home near Milwood. The closing date sat just nine days away.

Out of nowhere, the buyer’s out-of-state call-center lender issued a denial letter. The call-center underwriter miscalculated self-employment write-offs, panicked over an unpermitted porch repair on the appraisal, and threw the entire transaction into the trash can.

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