[skideeppow]

Funders are starting to track submission data more and more. They are looking into how many submissions vs how many funded vs default rate.

If you are sending a fund 100 deals a month & funding one, you are usignup and wasting their resources. They would rather you submit 10 deals a month you pre-qualified, and only fund one.

Most of their UW'ers are on salary, so it is an expense. You are taking up their time on deals that have a 1% chance of funding? What do they need YOU for?

Ok, but funding 1/10? that is a 10% closing rate. Not that bad. If i had sent 100 deals and had none approved i could understand that .


sorry for not putting in the correct forum.