Comments on: What I Look For In A Loan Officer http://www.mytucsonblog.com/loans-and-financing/what-i-look-for-in-a-loan-officer/ Everything you need to know about Tucson and Real Estate - and then some Fri, 30 Jul 2010 17:05:44 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Chris Johnson http://www.mytucsonblog.com/loans-and-financing/what-i-look-for-in-a-loan-officer/comment-page-1/#comment-582 Chris Johnson Sat, 03 Nov 2007 12:40:02 +0000 http://www.mytucsonblog.com/loans-and-financing/what-i-look-for-in-a-loan-officer/#comment-582 Great post. The "communication without being prompted"is what led me to rise above the pack. Having been a realtor, I know it's frustrating to watch the wheels fall off the deal. I email clients, listing and selling agents each morning, and I only work with clients that permit communication with the listing agent (think about this for a minute). I'm toying with Rss feeds and scripts so all parties can be emailed each time anything is updated on a loan. The other thing I do is only write approvals for REALLY approved buyers. What is the fallout % in Tuscon? In Ohio, it's like 26%. Pricing matters, but to a point. We have the "price leaders" who only take 780+ credit scores with 30% down. They also don't communicate, and never close on time. Finally--good post--do you think it's sane for a Realtor to let her clients work with an unknown lender? I don't. Great post. The “communication without being prompted”is what led me to rise above the pack. Having been a realtor, I know it’s frustrating to watch the wheels fall off the deal.

I email clients, listing and selling agents each morning, and I only work with clients that permit communication with the listing agent (think about this for a minute). I’m toying with Rss feeds and scripts so all parties can be emailed each time anything is updated on a loan.

The other thing I do is only write approvals for REALLY approved buyers.

What is the fallout % in Tuscon? In Ohio, it’s like 26%.

Pricing matters, but to a point. We have the “price leaders” who only take 780+ credit scores with 30% down. They also don’t communicate, and never close on time.

Finally–good post–do you think it’s sane for a Realtor to let her clients work with an unknown lender? I don’t.

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