No. of Recommendations: 0
WotPeed wrote: The place I'm working with is a direct lender. I thought that would give them more flexibility with regards to stuff like this, but I guess they still have their own hoops to jump through.

Direct lender pro:

Work with their own pool of funds and lend directly.
Approval process is simpler since no one else is involved.

Direct lender con:

Less flexibility in overcoming roadblocks to getting you approved.
Print the post  


Useful Resources
Our Home Center has all you need to make buying and owning a home a great experience. Get or refinance a mortgage and much more!
Buying/Selling a Home FAQ

Mortgage Professor
Offsite resource for mortgage questions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.