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07-27-2013, 12:30 PM #1Senior Member
Reputation points: 903
- Join Date
- Oct 2012
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- Tampa, FL
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- 220
Lots of them are just taking your deals and brokering them out. Smoker and mirrors in my opinion.
Important part of this industry is knowing your funders. Find out which lenders are directly lending their own money. Do your homework and find out what certain lenders like. Read through their guidelines and make a cheat sheet. Then when you get a deal that has an open tax lien not on a payment plan you know where to submit it.Last edited by Scott Williams; 07-27-2013 at 03:22 PM.
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07-27-2013, 03:39 PM #2Member
Reputation points: 33
- Join Date
- Jul 2013
- Location
- Manhattan, NY
- Posts
- 30
Honestly, I would love to see a pole for this.
Originally Posted by Scott Williams
Are the brokers hoping that you missed a few big funders when you received your declines? Or, do they simply re-submit the application to the same funding company the ISO had already submitted to, leveraging their strong relationship to convince the original decline to be reversed.
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