109: Ask A Broker 003: How Do You Deal with Last Minute Lender Switches?

You work hard with a lender to get a client pre-approved. The client now wants to find another lender for a lower rate, and/or remove the subjects in a shorter timespan.

How do you maintain your lender ratios?

How do you avoid wasting your time (and the underwriter’s time)?

How do you balance the client’s interests with your lenders’ interests?

 

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