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  1. #26
    Senior Member Reputation points: 47257
    Join Date
    Apr 2013
    Location
    Basalt CO
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    867

    Quote Originally Posted by skideeppow View Post
    And while we are at it, you can explain to me and the folks here, how you called one of my merchants this AM, and offered him $1500 more than you gave me an offer for in Jan. And your rep, David Lewtar, told the merchant that he was their new rep. When they did not even have an assigned rep with you since the deal never closed. I think that would qualify as backdooring? You took my merchant, who i submitted to you and when they did not fund with you, you gave the merchants info to one of your inside guys. .

    And i am still waiting on a reply from you on this.
    So the explanation i received was that this was their retention department. Trying to generate some revenue. Dont really know why my regular agent was not making the calls. So it was not as devious as i originally thought.

  2. #27
    Senior Member Reputation points: 24139
    Join Date
    Apr 2014
    Location
    Washington DC
    Posts
    421

    We absolutely do 1.10x buy rates for six months, even as long as 9 months. We also will go as low as 1.05x (early repayment on longer loan) if it is a large file

  3. #28
    Banned Reputation points: 179851
    Join Date
    Jun 2017
    Posts
    2,049

    Quote Originally Posted by Cfairbank View Post
    We absolutely do 1.10x buy rates for six months, even as long as 9 months. We also will go as low as 1.05x (early repayment on longer loan) if it is a large file
    Buuut, do You do 2nds?

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