Most Popular Lending Content
“Date the Rate, Marry the Home” an acceptable mortgage ad campaign?
07/14/2024
I’ve been hearing a new mortgage ad slogan: “Date the Rate, Marry the Home”. What is this all about, and should we adopt it too? It is catchy, and might garner us some new loan apps.
Commercial lender reports
07/14/2024
What are commercial lender reports?
Escrows
07/14/2024
Are escrows required for commercial loans?
Notifying borrower of an increased appraisal fee
07/07/2024
I am sending a revised Loan Estimate for an appraisal fee increase. What verbiage do I use to justify that the appraisal transfer invoice shows the fee is now $575 versus the $430 which was initially disclosed. This is an appraisal transfer from another lender., and I am not sure what the correct verbiage would be for this change.
Rate sheet
07/07/2024
Are we required to use a rate sheet for commercial loans?