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  1. #1

    We're signing on new ISO's now!

    Don’t let your deals die at the hands of lazy underwriters.

    Get a decision within 45 mins
    Contracts sent within 30
    Funds wired same-day
    12 points - no fuss
    Easy

    Send an email to iso@acreadvance.com
    or call me at (732) 284-2054
    Ben Blumenfeld | Head Iso Manager
    Direct Lender
    ben@acreadvance.com
    Acre Advance
    (732) 284-2054

  2. #2
    Senior Member Reputation points: 35947
    Join Date
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    Quote Originally Posted by Ben@Acre View Post
    Don’t let your deals die at the hands of lazy underwriters.

    Get a decision within 45 mins
    Contracts sent within 30
    Funds wired same-day
    12 points - no fuss
    Easy

    Send an email to iso@acreadvance.com
    or call me at (732) 284-2054
    I get offers out in under 15 minutes and contracts out in under 3 minutes. Dont throw me in this mix of lazy underwriters!

  3. #3
    Senior Member Reputation points: 22201
    Join Date
    Dec 2021
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    631

    Quote Originally Posted by Ben@Acre View Post
    Don’t let your deals die at the hands of lazy underwriters.

    Get a decision within 45 mins
    Contracts sent within 30
    Funds wired same-day
    12 points - no fuss
    Easy

    Send an email to iso@acreadvance.com
    or call me at (732) 284-2054
    Ben - I dont think anyones deals die in the hands of lazy underwriters --- one would make the case deals die when UW's are not lazy... but certainly not getting killed by being lazy....
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  4. #4
    Quote Originally Posted by TheUnderwriter View Post
    I get offers out in under 15 minutes and contracts out in under 3 minutes. Dont throw me in this mix of lazy underwriters!
    Ha! You should work for us!
    Ben Blumenfeld | Head Iso Manager
    Direct Lender
    ben@acreadvance.com
    Acre Advance
    (732) 284-2054

  5. #5
    Quote Originally Posted by MCA-VET View Post
    Ben - I dont think anyones deals die in the hands of lazy underwriters --- one would make the case deals die when UW's are not lazy... but certainly not getting killed by being lazy....
    No, they aren't getting killed by laziness, they never see the light of day though...
    UW's looks at the deal 2-3 hrs after submission. Gives offer. Accepted offer needs approval from the head underwriter. ETC ETC ETC...
    Ben Blumenfeld | Head Iso Manager
    Direct Lender
    ben@acreadvance.com
    Acre Advance
    (732) 284-2054

  6. #6
    Senior Member Reputation points: 122242 BR-Nightmare's Avatar
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    South Florida
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    727

    Quote Originally Posted by Ben@Acre View Post
    No, they aren't getting killed by laziness, they never see the light of day though...
    UW's looks at the deal 2-3 hrs after submission. Gives offer. Accepted offer needs approval from the head underwriter. ETC ETC ETC...
    Many of the top funders have underwriting see the file when contracts are signed, and some do it upon submission. Yes, time does kill deals but so does being unprepared with your submission and/or asking for $100k offer for a deal the qualifies for $20k.

    I've done $20k deals that took a day or two and I have done a $500k within hours. I can tell you out right laziness was not a factor on each deal on my end.
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  7. #7
    Quote Originally Posted by BR-Nightmare View Post
    Many of the top funders have underwriting see the file when contracts are signed, and some do it upon submission. Yes, time does kill deals but so does being unprepared with your submission and/or asking for $100k offer for a deal the qualifies for $20k.

    I've done $20k deals that took a day or two and I have done a $500k within hours. I can tell you out right laziness was not a factor on each deal on my end.
    You could not have said it any better!!

  8. #8
    Quote Originally Posted by BR-Nightmare View Post
    Many of the top funders have underwriting see the file when contracts are signed, and some do it upon submission. Yes, time does kill deals but so does being unprepared with your submission and/or asking for $100k offer for a deal the qualifies for $20k.

    I've done $20k deals that took a day or two and I have done a $500k within hours. I can tell you out right laziness was not a factor on each deal on my end.
    True, when all parties involved want to get the deal funded, things move along quickly.

    Not all funders have their underwrites motivated enough though...
    Ben Blumenfeld | Head Iso Manager
    Direct Lender
    ben@acreadvance.com
    Acre Advance
    (732) 284-2054

  9. #9
    Quote Originally Posted by Ben@Acre View Post
    True, when all parties involved want to get the deal funded, things move along quickly.

    Not all funders have their underwrites motivated enough though...
    That's true too.
    We do underwriting after contracts are requested.

    Chajir Ale
    ISO Relationship Manager
    EZLoan


    Phone: 786 870 7248
    Email: chajir@yourezloan.com
    Website: www.yourezloan.com
    Address: 2655 S Le Jeune Rd #309, Coral Gables, FL, 33134

  10. #10
    I doubt deals die due to lazy underwriters. More likely than not, the file has an issue that requires further investigation, like past defaults, potentially manipulated statements, etc. and the merchant decides to go with an offer that doesn't ask too many questions...

    I'd say that's more a reflection on the merchant than the underwriter, but of course, the broker doesn't see it that way.

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