There is something within the fannie and freddie rules where it says if they don't get a comfort letter that the lender can use alternative methods to gather this information. Like due diligence. lol
Thinking about sending a request to the lender for a comfort letter stating that by them granting this loan it will not impede the client from paying my fee for the next 5 years.
These are some of my least favorite requests - seriously, how in the world could I even ethically say yes to these kinds of questions?
There is something within the fannie and freddie rules where it says if they don't get a comfort letter that the lender can use alternative methods to gather this information. Like due diligence. lol
Totally with Fannie and Freddie but I think subprime lenders are more rigid in this area. (Not that it makes sense.)
Thinking about sending a request to the lender for a comfort letter stating that by them granting this loan it will not impede the client from paying my fee for the next 5 years.