A recent survey of consumers has shown that many of us don’t trust mortgage lenders and banks. It’s not really surprising with satisfaction ratings amongst mortgage servicers ranking below life insurance. While we all want to be leaders in the industry, do we really want to be so in a low bar industry? The lack of technology has made the loan process agonizingly slow and painful for many of us and the industry is suffering because of it. Today Joe discusses the lack of trust between consumers and their lenders. Specific topics include:
- Are 9/10 lenders under qualified?
- The lack of technological advancements
- Interest rates vs. information and fees –Which is more important to you?
- Shifting to a seller’s market
- What could happen in a potential recession
If you wish to contact Joe Cucchiara email him at Joe@RERadioLive.com, call (408)-838-9060 or simply visit www.RERadioLive.com. We also provide additional information to help you make smart decisions in and around your real estate venture.
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