[fundingsmbs]

so the offer isn't real and the signed contract isn't real. marketing and acquiring leads isn't free either. i get the bank verification, but, many who have been around there was a co out of FL, who was notorious for RIP on signed contracts and mysteriously, they funded after a decline.

[ryan $]

so the offer isn't real and the signed contract isn't real. marketing and acquiring leads isn't free either. i get the bank verification, but, many who have been around there was a co out of FL, who was notorious for RIP on signed contracts and mysteriously, they funded after a decline.

The percentage of Rapids deals that die, is not that bad.

Doing full underwriting up front is costly, money and time, only to have it go nowhere.

[J.Celifarco]

The percentage of Rapids deals that die, is not that bad.

Doing full underwriting up front is costly, money and time, only to have it go nowhere.

saving that money upfront allows them to give better rates and terms so you take the good with the bad