Ever feel like the loan underwriting process is a mystery? Like your deals disappear into a black box, only to emerge with questions and conditions you weren’t expecting? You’re not alone! Many real estate agents find the underwriting phase confusing, which can lead to delays, frustrations, and even lost deals.
That’s why we’re thrilled to announce our upcoming Lunch & Learn event: Meet the Underwriters! This is your exclusive opportunity to demystify the underwriting process and gain invaluable insights directly from the experts.
On Tuesday, March 12th at noon, we’re bringing in our two head underwriters to pull back the curtain and answer your questions. This is a rare chance to get a behind-the-scenes look at how loan decisions are made and learn what underwriters look for when reviewing files.
LIVE EVENT – NOTE the change in venue this year
Date: Wednesday March 12th
Time: 12:00 – 1:30
Location: Oshtemo Community Center – 6407 Parkview Ave, Kalamazoo, MI 49009 <——–
Limited Seating. RSVP required. Lunch will be provided.
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.