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Is My Broker Mad????

2

Comments

  • AndrewSmith
    AndrewSmith Posts: 2,871 Forumite
    AndyWallace wrote: »
    Hi Andrew :A

    3 - 4 weeks to offer? Really? Can't you submit direct to lender?

    Andy.

    I was actually being ironic, it's a feasable way to ensure that you can have the product you want now, but not forgo the shelf life of the mortgage offer. After all once the product is booked either by payuing the fee or submission of the full application form, the rate is yours (unless you change the application).

    As long as the urine is not extracted I think 3-4 weeks application process is quite reasonable, this would mean that given an offer shelf life of 3 months the OP would still be able to take the product now and complete in September.
  • AndrewSmith
    AndrewSmith Posts: 2,871 Forumite
    MortgageMamma wrote: »
    I think what he meant was that its possible to drag out the process to get to offer in order to ensure the offer remains valid as long as necessary, but I might be wrong.

    Exactly my point.
  • AndyWallace
    AndyWallace Posts: 253 Forumite
    :p

    I fully understand now.
  • MortgageMamma
    MortgageMamma Posts: 6,686 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    In answer to the OP, you have to be a bit nuts to actually do this job, so I suspect your broker is indeed quite mad.
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • pania
    pania Posts: 8,258 Forumite
    i second that one mortgagemamma!!! Having a shocking day, mobile glued to my ear etc etc!! I am definately, definately insane to be doing this!!!!!
    But hey is fun to, and i get to be excited with the customers over a new house as i can't (yet) afford my own. SImilar to the real thing i suppose!!
    debt @05/11/11 £12210.63!! slowly chipping away!!
    :heart2:impossible is nothing.:heart2:
  • MortgageMamma
    MortgageMamma Posts: 6,686 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Yep I must be bonkers as I love it too, and I love all my clients, all my broker buddies and especially all my introducers lol.

    Sod it, I love everyone in the whole wide world.

    dribble slavver gorp twitch grin
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • pania
    pania Posts: 8,258 Forumite
    :rotfl: :rotfl: :rotfl:
    debt @05/11/11 £12210.63!! slowly chipping away!!
    :heart2:impossible is nothing.:heart2:
  • UK007BullDog
    UK007BullDog Posts: 2,607 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Clearly utterly mad ....... hehehehehe :rotfl:
  • MortgageMamma
    MortgageMamma Posts: 6,686 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Donna....vasdlgvkbsdlkfvbasdklfbcfhi fbafbf fnsdfnsdfhs gldslgnsd

    Do you know what I mean?
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • MortgageMamma
    MortgageMamma Posts: 6,686 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    thats broker language for

    my head is mushed, if another client asks me what I think fixed rates will do in the next quarter, i will throw myself off the nearest tall building
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
This discussion has been closed.
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