What if a lender has a correspondent?
Very likely that lender will ask the correspondent to review the loan request for the lender. A fee will likely have to be paid to the correspondent. • How do I prevent the lender from playing “bait and switch”? A: The key is to provide full, complete and accurate information to the lender. RealWebFunds is a dynamic site that includes a frequently asked questions page. Users are encouraged to answer lenders questions on this page as they arise. RealWebFunds provides a complete package of information that can be referred to prior to your signing an application. At that point there should be no excuses from either the borrower or lender. • Where did the lender information come from? A: We continuously gather and maintain information about lenders, their contacts and, their programs from a variety of sources, including direct lender contact, marketing information provided by lenders, or lender web pages. • Why will a lender review my property financing request? A: first we are careful to
