 We are reminded every day of the challenges posed in this market of changing guidelines and regulations. The time of easy credit is gone. The credit crunch and flight to quality now dominates the Mortgage Industry. We have found that borrowers, even with low LTVs, excellent credit scores, ratios and assets, are more difficult to fund than in the past. Even the best of loans are closely scrutinized by lenders. The pressure is on to originate only the best quality loans. All required documentation must be sourced and verified. In efforts to minimize risk, every file must pass review and quality control audits. We are committed to ensure every loan we originate is given full consideration by our lenders. Justifying loan documentation and circumstance takes more time then in the past. To help make the underwriting process go faster we'll help you provide letters of explanation beforehand on the items we feel an underwriter may question. We must make the time to be sure your file is properly structured and documented, prior to lender submission. The credit crunch is affecting us all. It's extremely important that we submit a well documented, properly structured loan file. This makes the difference between a timely coordinated funding, or one which is delayed or denied.
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