Infuriating A Lender
I believe I really infuriated a lender yesterday. It wasn’t my fault, really. If my clients bring me a Good Faith Estimate where the lender charges are twice what is typical with an unimpressive interest rate, you’ve got to expect me to challenge that. And when I send my clients go back to the first lender with a reasonable Good Faith Estimate from one of my lenders, and the first lender refuses to match it and insinuates my lender is going to add hidden fees at the closing table, starts using scare tactics, causing my clients leave the first lender to go to the second one… well, they didn’t like that much.
Too bad. My duties are first to my client, not to their lender. Don’t be charging my buyers crazy extra fees.




