With a 25% down payment and a solid credit, asset, and income history, one of my clients is purchasing an Orange County apartment as an investment.
We have a 7-day escrow period to eliminate contingencies on this deal, followed by a 20-day close. I have doubts about the mortgage broker the customer chose; instead, she chose to work with a relative who obtained the loan via Quicken. Could someone perhaps remark on this?
Call centres frequently slow down and complicate operations by separating duties into divisions. They also tend to hire fresh, inexperienced, or average loan officers due to low salary and a generic lending strategy. From my experience working in contact centres, I can state that while there are occasional high points, negative situations are far more typical. I have witnessed this firsthand.
A week from now, I will be closing my Quicken account, and I have no negative things to say. It’s been simple, they respond quickly, and there haven’t been any problems. Everything is prepared; closes on 4/22, under contact 3/5. Our only hold-up is the appraisal, as we live in a very remote place. I’m still awaiting the evaluation report. It was completed on March 25.