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Started By
Message
re: FHA Loan?
Posted on 6/10/13 at 1:59 pm to hawkeye007
Posted on 6/10/13 at 1:59 pm to hawkeye007
quote:
dont report you broker he might not have a lender that will let him do conventional with less than 20% down..nmls # are hard to get these days lets not get petty
quote:
this guy is telling me theres no way I can get a conventional loan with that little down, no matter how good my credit is
If quote above is true, you consider this petty? I consider it steering and fraud. If he said "WE can't/don't provide a conventional loan..." thats one thing, but as quoted, this broker should be reported. If he told my clients that he would be immediately.
1
Posted on 6/10/13 at 3:35 pm to ItNeverRains
if he stands by the you cant qualify for conventional comment then he is steering due to the fact that FHA pays way more to a broker than conventional..
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