Quote Originally Posted by Michael I View Post
Is it our job to underwrite?even with 5 positions these guys rarely go over 40% gross. I got an ondeck approval that will take 50% of gross what is my responsibility?Should i not even give the merchant the option and decide on my own what the approval should be?do i throw in my 2 cents and let him decide?if funder a approves me for 30k and funder b for 50k should i tell merchnat that funder a does not think you can handle the payments from funder b . this is never ending
i think i said it better