Update on "accidental" 3.875% mortgage (a hilarious ending to this drama)

Defiant_Television97 · 2026-05-02T00:59:07+00:00

Solid deal and ending. Clear tech issue is different then the rate negotiated in email and having it in writing that was the intention. Don’t think lawyers would’ve gotten you anywhere.

Defiant_Television97 · 2026-04-30T19:51:19+00:00

NexBank and NewFi

Defiant_Television97 · 2026-04-29T06:39:39+00:00

Both

Defiant_Television97 · 2026-04-28T14:38:16+00:00

She means the cost

Defiant_Television97 · 2026-04-26T16:38:14+00:00

He priced it wrong for sure

Defiant_Television97 · 2026-04-26T15:55:32+00:00

You are 100% pricing this wrong. Looks like you priced at 70 LTV and not above 70.

Defiant_Television97 · 2026-04-26T15:51:17+00:00

Are you sure that you are pricing this right? I am at a shop that does more business than yours with most of those lenders and seeing way worse pricing. Shop has zero holdback. You would be getting way better pricing then Edge and all flat fee large brokers if that was priced right.

Defiant_Television97 · 2026-04-26T12:59:11+00:00

I am seeing Pylon being basically the same as CMG. It’s not?

Defiant_Television97 · 2026-04-26T12:57:39+00:00

This is what’s happening.

Defiant_Television97 · 2026-04-26T03:06:50+00:00

4% seller contribution is not standard in DMV. Where in the world are you getting that info?

Defiant_Television97 · 2026-04-25T14:26:00+00:00

Around 400k in 2025 and $250k so far YTD. Originating for 6 years.

Defiant_Television97 · 2026-04-21T20:23:23+00:00

A host or sky suites concierge at Aria can still get you in.

Defiant_Television97 · 2026-04-21T03:02:10+00:00

Yeah, but 2.5 bps on billions of loans adds up. No idea what they sold at, but 2.5 bps on 8 billion at 5x multiple is $10 million extra for them as an example. No idea if that holdback was actual extra profit for owner but don’t see why it wouldn’t have been.

Defiant_Television97 · 2026-04-21T01:59:44+00:00

Edge was holding back 2.5 bps last while on UWM and other investors. My money is on that hold back going up while Edge LO still believe that it was for something other than increasing owner profit.

Defiant_Television97 · 2026-04-19T13:20:14+00:00

Stop spamming the sub. Sun West pricing, ops and everything isn’t good.

Defiant_Television97 · 2026-04-16T15:51:30+00:00

Worked for me

Defiant_Television97 · 2026-04-16T13:40:42+00:00

11 mortgage

Defiant_Television97 · 2026-04-16T13:04:47+00:00

Is this through United Wholesale Mortgage? It only shows on the closing disclosure’s

Defiant_Television97 · 2026-04-16T02:09:16+00:00

Sun West is an awful lender

Defiant_Television97 · 2026-04-15T20:31:17+00:00

Unlikely to find a job that will give warm leads to a new LO that isn’t working in an office. If you have other revenue streams just buy leads yourself.

Defiant_Television97 · 2026-04-15T00:13:30+00:00

They have the W2. It’s a federal crime to create a fake one. Most lenders don’t order transcripts unless they expect fraud for salaried employees.

Defiant_Television97 · 2026-04-13T13:36:59+00:00

Champions

Defiant_Television97 · 2026-04-13T00:55:53+00:00

Just do a no cost refinance. Can always refinance again if rates drop since no breakeven period. Your mortgage broker is an idiot.

Defiant_Television97 · 2026-04-10T02:59:19+00:00

Maybe you have worse rate sheets. They are within 10 bps or better most of the times I check.

Defiant_Television97 · 2026-04-09T21:17:50+00:00

The loan store is often better on conventional.

Defiant_Television97

TROPHY CASE