Hmmm . . . how do I conquer this obstacle?

The brokerage firm that I work with has its preferred Lending institution. (As I am sure all do) I have tried on several occasions to use them as my primary referer - especially since I am still relatively new in the field and have not met any other loan officers that I feel like I can work with.

. . . fortunately for me - I have used this preferred lender with personal friends who were trying to get a home. I say fortunately, because on 3 occasions each of these personally known friend/clients have come off disgruntled with the lenders but not me. I don't really want to send a "stranger" to them b/c they may end up mad at both the lender and me - and then I'd lose a customer/client. (As this has happened 1 time - actually twice- so far. I lost a customer after having her speak with the preferred lender - she went from excited to work with me to completely disenchanted and unwilling to work with me. I found out a month later that she found someone else to work with and actually bought a home!!!!

I need a better, stronger Lender to use. How do I go about that?
--------side bar question - Do you have to "take a lender out" for lunch or soemthing to get them "on your side"??? Is that the custom? If so, how do you get around this? I ask b/c I am slamm out broke right now and am eating bolognia sandwiches in between sellings!!!!

I have to say I'm lucky. I work with a great LO and I don't need to do anything other then refer my clients to him and he gives them AWESOME service.

If you'd like to PM me where you work [what state] if he can help you I will send you his name and number so you can talk.

The only other suggestion I have is talk to some of the broker shops or name lenders and find someone that seems good. Then try them. Or ask other agents you know who they use.

It's not easy!

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Richard A. Jolitz
Looking for a new "home" to work out of.. open to suggestions

MASS Home Connection - Under Construction

Sounds like you need a personal referral from someone you know and trust - were you mentored by someone in your office? Is there a "non big time" agent in your office that you admire in terms of the way they treat their clients (That has been in the business for quite some time?) - you will find that the agent that really cares about their clients will typically have a great LO as caring about your client does not just stop at what you do with them personally, try to find out who this person uses.

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Want to save up to 50% off Real estate webmasters product websites & common upgrades? Check out my latest blog post regarding our end of the year sale.

I agree with Morgan here. You should ask any friends you have in the business. Who are they using? If your preferred person isn't working out for you, you simply shouldn't continue to send business to them, as it will damage your reputation.

As for the lunch question, loan officers should be the ones picking up the tab and taking YOU to lunch. They want your referrals. Let them take you somewhere that doesn't serve bologna sandwiches.

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Jason Crouch, Broker
Austin Texas Homes, LLC
512-796-7653 (cell)
Austin Real Estate
Austin Texas Real Estate
Austin Homes

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Aye, getting a good lender or broker is definitely a big part of the sale. I'm a little biased, and a little lucky, as in my firm, we do both

You won't meet the lender directly, as they have AE's deal with different areas. Each broker will use different AE's.

When it comes to lending... sadly.... personality is one of the first things you have to look for. Knowledge of the industry is a big part too, but so many people know it, that if the person you are dealing with isn't nice, and scares customers away, it means nothing.

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If you're not remembered, you never existed.

shouldn't be hard to find a loan officer, esp. with the number of Lenders going bankrupt. I believe over 50 Lending Companies have already filed bankrupt in Texas thus far this year and expected to grow.

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Hi,
I just realized that you are in Virginia. So am I.

I'm a loan officer with Prosperity Mortgage/Wells Fargo Mortgage.

If you are still looking for a Loan Officer, please contact me to tell you a bit about me, our company and how we take care of our clients and customers.
We are the only AAA rated lender in the nation. Who knows, could be what you just need.

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