[freeprocessing]

I had a deal that was declined for low revenue in MTD and lender funded it under a month later. I'm pissed and feel almost as if I was backdoored. Is this normal?

[FinancialSwissArmyKnife]

No! Put the lender on blast!!!

[Samuel23]

Its a tough situation. You have to see what that company's policy is. Some have it locked at 30 days after declining of signed docs others have it at 2 weeks. I would investigate because way too many people like to jump to accusations of backdooring without knowing the story. For all you know MTD looked better after a few weeks and another ISO had still been pursing it, or maybe heavy syndication was required. Not saying the situation doesn't suck but it definitely happens.

[freeprocessing]

No! Put the lender on blast!!!

I might have to. I wanted to see other peoples opinion.

[WestCoastFunding]

Here’s the thing, what if a merchant that normally does $100,000 a month only is showing $5,000 in deposits in the MTD on Oct 15 leading to a decline, but a week later the file is submitted using another broker showing $75,000 in deposits in the MTD on Oct 22 after a bunch of deposits the previous week?

If something like that happens I’m not sure if the funder is at fault.

[freeprocessing]

Here’s the thing, what if a merchant that normally does $100,000 a month only is showing $5,000 in deposits in the MTD on Oct 15 leading to a decline, but a week later the file is submitted using another broker showing $75,000 in deposits in the MTD on Oct 22 after a bunch of deposits the previous week?

If something like that happens I’m not sure if the funder is at fault.

It was not that big of a disparity. Even so, I am asking in that situation should the lender give a heads up since they declined it. Or givce a note on the original decline saying submit back in a month.

[ryan $]

Yea. I would BLAME YOU, the Broker. You should of followed up, Gotten that MTD and resubmitted it yourself.

Your throwing around the term Backdoor, THIS IS NOT A BACKDOOR.

This is ****ing REHASH - shame on you

[showtime44]

definitely ****ing backdoored, it was me. thanks for the free money. rule number one: never let a sucker keep his money....rule number 2: a fool and his money are soon parted

[SmartAdvanced]

I actually personally Backdoored this specific deal as well. I love backdooring deals, it keeps my fat feet fed and my stomach satisfied.

[showtime44]

I actually personally Backdoored this specific deal as well. I love backdooring deals, it keeps my fat feet fed and my stomach satisfied.

too many cooks in the kitchen, im not paying you a on this file. also who feeds their feet???

[Kevin Henry-Seacoast]

too many cooks in the kitchen, im not paying you a on this file. also who feeds their feet???

Dude! Have you seen his big toes??? The look like hammer head sharks!

[SmartAdvanced]

LOl all jokes aside, if you get backdoored you need a better locksmith

[Michael I]

I had a deal that was declined for low revenue in MTD and lender funded it under a month later. I'm pissed and feel almost as if I was backdoored. Is this normal?

check the decline email if they say when you can not resubmit for xx time . otherwise you are beat

[freeprocessing]

Yea. I would BLAME YOU, the Broker. You should of followed up, Gotten that MTD and resubmitted it yourself.

Your throwing around the term Backdoor, THIS IS NOT A BACKDOOR.

This is ****ing REHASH - shame on you

Calm your titties. Im not accusing anyone. I am asking for opinions.