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06-24-2016, 12:37 PM #1
- Join Date
- May 2015
- Location
- FL
- Posts
- 96
is principal even a thing anymore?
things have been a bit slow so just asked around to some lenders about early renewals. this guy has 2 strong positions from A-B paper lenders that have been renewed once each.
the 2nd position is 25% paid. the 2p lender came right back to us saying they're ready and willing to refi them.
this industry is bubblicious. glad i'm not an investor.
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06-24-2016, 01:14 PM #2
- Join Date
- Mar 2016
- Posts
- 657
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06-24-2016, 01:50 PM #3
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06-24-2016, 02:00 PM #4
- Join Date
- Sep 2014
- Posts
- 720
Confirm commission w/ lender. I know a couple A/B funders offering programs w/ little-to-no net requirements (even on renewals), reduced commission in some cases though.
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