RERL-1657- Consumers don't trust their mortgage lenders - So who do you trust?

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Manage episode 239398939 series 93399
By Joe Cucchiara and Real Estate Radio LIVE. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

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.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/. Read more at http://radiolive.rerl.libsynpro.com/#xhDOuqiFWVEfL1qw.99

670 episodes