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#1081714 - 11/13/08 10:46 PM Pre-quals
Cornfed Turtle Offline
Diamond Poster
Joined: Mar 2006
Posts: 1,323
"...Somewhere in Middle Americ...
I have a nice cheat sheet for auditing loan files, but pre-quals aren't loan files.

If customers come in for the "warm, fuzzy, how much house can I shop for" non-application-pre-qual, do they leave with any disclosures?

I'm looking at loaded pre-qual files all that have "TBD" in any space that is address related.

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Lending Compliance
#1081718 - 11/13/08 10:57 PM Re: Pre-quals Cornfed Turtle
David Dickinson Offline
10K Club
David Dickinson
Joined: Nov 2000
Posts: 18,762
Central City, NE
If there's no house, then no disclosures.
_________________________
David Dickinson
http://www.bankerscompliance.com

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#1082019 - 11/14/08 04:23 PM Re: Pre-quals David Dickinson
Cornfed Turtle Offline
Diamond Poster
Joined: Mar 2006
Posts: 1,323
"...Somewhere in Middle Americ...
Thanks, David. I felt insanity setting in yesterday. This just started in files a few months ago.

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