How to Get Builder Business as an MLO
I’ve done a handful of these loans in the last few months. The top part is the cost. The lender comp is low so you do need to add some origination ingenue has fees are a little expensive to but in the end, I’ve been able to get them done by calling the listing agent before the offer is presented, explaining the program, and giving them a heads up on the Hefty seller concession that will be built into the offer. In five or six attempts, I’ve never had one rejected.
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