Results 1 to 6 of 6
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02-21-2020, 10:15 AM #1
- Join Date
- Jun 2019
- Posts
- 287
Month to Date
As we all know, some merchants are computer illiterate no matter how many times we explain to them on how to download an MTD from their online banking as a PDF. Are there any lenders out there that don't really need an MTD to give an offer?
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02-21-2020, 10:35 AM #2
Fox can give soft approvals pending logins
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02-21-2020, 12:22 PM #3
- Join Date
- Jun 2019
- Posts
- 287
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02-21-2020, 03:28 PM #4
- Join Date
- Jan 2017
- Posts
- 386
We will underwrite and make offers with out it.
Paul Boxer
Merchant Marketplace
Chief Operating Officer
Chief Revenue Officer
Cell: (516) 805-9209
paul@merchantmarketplace.com
www.merchantmarketplace.com
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02-21-2020, 03:30 PM #5
I don't know of any funder that won't give a soft offer pending MTD/bank login @ final UW - unless you're dealing with some companies that want you to aggregate the bank login with application which makes it easier for everyone, including yourself & the client.
Anthony Diamond
Underwriter
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02-21-2020, 10:31 PM #6
- Join Date
- Aug 2014
- Posts
- 620
We don't need a mtd to give an offer, but if you don't want any surprises on log in like low mtd rev or a new position you weren't aware of then getting a mtd will always be the best way to get the most accurate offer.
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