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06-01-2022, 05:53 PM #1
We're signing on new ISO's now!
Don’t let your deals die at the hands of lazy underwriters.
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Send an email to iso@acreadvance.com
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06-01-2022, 06:09 PM #2
- Join Date
- Oct 2021
- Posts
- 226
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06-01-2022, 08:51 PM #3
- Join Date
- Dec 2021
- Posts
- 638
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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06-01-2022, 10:53 PM #4
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06-01-2022, 10:55 PM #5
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06-02-2022, 09:20 AM #6
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
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06-02-2022, 11:39 AM #7
- Join Date
- Apr 2022
- Posts
- 40
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06-02-2022, 11:46 AM #8
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06-02-2022, 11:54 AM #9
- Join Date
- Apr 2022
- Posts
- 40
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
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06-06-2022, 10:54 AM #10
- Join Date
- May 2022
- Posts
- 91
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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