1,452,569
The agent's role is understanding what is and IS NOT in their job description!
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Nina Hollander, Broker
Charlotte, NC
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Inna Ivchenko
Encino, CA
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Susan Emo
Kingston, ON
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Sharon Altier
Elmhurst, IL
1,574,666
Definitely not my job. But is my job to match the buyer's target property with their loan. (If it is a VA loan then a fixer upper may not be worth the look!).
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Hella M. Rothwell, Bro...
Carmel by the Sea, CA
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Nina Hollander, Broker
Charlotte, NC
5,583,278
that's a job for the lending agent....they have a clear understanding of the products and the full picture of the buyers financial situation....
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Hella M. Rothwell, Bro...
Carmel by the Sea, CA
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Nina Hollander, Broker
Charlotte, NC
1,622,432
I recommend a good lender who would be happy to help a borrower choose a right loan.
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Nina Hollander, Broker
Charlotte, NC
4,319,419
Minnette Olsen - real estate agent can be a 'connector'...
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Nina Hollander, Broker
Charlotte, NC
3,164,119
I have no issue with providing them with some great choices for lenders, but as for specific loan programs, that's the LO's job, not mine.
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Nina Hollander, Broker
Charlotte, NC
1,683,912
We point them in the direction of several or preferred Lenders and let them guide them in the loan possibilities.
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Nina Hollander, Broker
Charlotte, NC
321,564
I explain that my client needs to discuss this with their lender. Depends on what they are looking for in a home. Some homes fit a criteria and the borrower does not & vise versa.
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Nina Hollander, Broker
Charlotte, NC
3,988,007
We need to know enough to recognize if the loan doesn't fit the property or the buyer's needs. Then it would be time to have a conversation with the lender. Most lenders do an outstanding job of matching the product to the buyer's situation.
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Nina Hollander, Broker
Charlotte, NC
3,986,258
Not much...let the client know what loans will be accepted so the client can tell his or her lon officer
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Nina Hollander, Broker
Charlotte, NC
1,157,785
I am not familiar with the laws in your jurisdiction but in my jurisdiction that issue is out of scope.
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Nina Hollander, Broker
Charlotte, NC
2,817,671
I think the agent's role is to recommend a good lender who will have the client's best interests at heart.
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Nina Hollander, Broker
Charlotte, NC
1,771,867
I do not get involved with the loan process. I have a great mortgage broker who I pass customers on to.
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Nina Hollander, Broker
Charlotte, NC
2,684,009
Hey! Where are the ## signs?
## ??? ##
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Nina Hollander, Broker
Charlotte, NC
637,434
Only to give them several referrals if they don't have a lender of their own. Helping choose the right loan? Although I have an understanding of what loans are available, I'm not licensed to make that choice for my client.
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Nina Hollander, Broker
Charlotte, NC
1,076,531
Referring them to a good LO that will make sure they get the best loan. That's where the role ends for the agent.
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Nina Hollander, Broker
Charlotte, NC
634,482
Not to advise. Don't overstep your duties as an agent. Let the lenders be your client's resource on loan choices.
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Nina Hollander, Broker
Charlotte, NC
900,008
None - it's up to them, their lender and their financial situation and outlook.
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Nina Hollander, Broker
Charlotte, NC
4,800,082
Other than recommending a good lender, there is no role.
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Nina Hollander, Broker
Charlotte, NC
5,215,488
Be prepared to offer advice if asked. Always ask if they have a pre-approval. If not suggest the lender you think fits their situation. Follow-up!
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Nina Hollander, Broker
Charlotte, NC
556,536
The agent's role is to sit back and be prepared to fix the nightmare that is getting ready to unfold in front of us when the buyer ignores us and uses their out of state lender.
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Greg Cremia
Nags Head, NC
1,502,848
Thanks for not using the special characters!
The agent's role is to point the client to a trusted lender, if they don't already have one. After that, it's up to the lender to have those conversations. We're not qualified.
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Nina Hollander, Broker
Charlotte, NC
613,494
Your only job is to point them in the direction of a mortgage lender that is competent.
Eve
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Nina Hollander, Broker
Charlotte, NC
911,228
We still use the MAP forms. Buyers choose, but we can mention why a lender they are thinking about using doesn't do 203K loans so might not work for that fixer upper you want to look at.
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Nina Hollander, Broker
Charlotte, NC
2,362,579
That is not my job and it wasn't my job before TRID
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Nina Hollander, Broker
Charlotte, NC
4,571,456
If asked for a recommendation, I will provide the name of a trusted lending partner.
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Nina Hollander, Broker
Charlotte, NC
5,048,708
It's not our job but the lender's. But we can help get them the names of lenders that can get the job done so they can choose
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Nina Hollander, Broker
Charlotte, NC
2,178,433
Not a role of the agent, unless the borrower asks for recommendations on potential lenders.
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Nina Hollander, Broker
Charlotte, NC
4,882,112
A good lender will recommend the best loan option
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Nina Hollander, Broker
Charlotte, NC
1,513,143
That is a decision the borrower will make; my job is to get the contract to the one they chose.
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Nina Hollander, Broker
Charlotte, NC
2,781,013
I have lenders that I work with. I have them vet all borrowers and the loan decision is made between the lender & the borrower. Agent is not involved
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Nina Hollander, Broker
Charlotte, NC
6,392,889
Knowing which lenders and loan officers are likely to get the job done.
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Nina Hollander, Broker
Charlotte, NC
2,220,323
1,617,916
3,416,038
I would rather help them find a great loan officer and the loan officer helps them find the right type or mortgage
7,834,961
Provide your best advice and refer them to an excellent mortgage loan officer.
3,071,489
5,104,806
I don't advise on forms of financing. That is up to the mortgage lender. If my client wishes to discuss with me, I am available, but I don't opine.
1,466,207
Minnette Olsen Our job is to give the client advice and the utimate decesion is theirs to make on who they choose.
1,231,853
1,239,801
The law has changed since your study materials were prepared around 1980s.
Loan is a regulated industry. You send them to get preapproval. Often I do some screening making sure they are OK. Before realtors did loan also.
921,504
The recently implemented "DIRT" program has effectively kept the agent marginalize in all aspects of the lending process. Even the closing date and closing statements are held secret until the pain of correcting a lender mistake is too acute to pursue correction.
My role in the 'right loan' decision begins and ends with a question, "My lender or your lender?"
My lender will listen and we can talk.