I spoke with a former co-worker today who sells mortgage at a major bank.
He was quite upset that his approval centre is running about 4 days right now.
he is losing deals to other bankers and the Broker industry because of this service.
At the same bank, I get a maximum 2 day turnaround and most times even faster. Also I have 4 dedicated
underwriters to work with which gives me a familiarity and my old friend has no idea who his deal will go with at any time.
In the broker world we are treated like a preferred customer so that the Lender can win our business every time.
Another reason to work with an experienced Mortgage Broker
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