Monday, March 30, 2009

Funding

We are still funding. I just funded a purchase today. We've got another two refinances set for this week.

The biggest question I seem to get these days is, "Are lenders still funding?" The answer is yes. They try everything they can not to, but they are still funding. I know it seems silly to write a post about it, but I get the question all the time.

I won't lie. It's not easy and the loans can take some time to get done. But the lenders are funding loans. With the new guidelines coming out very shortly I expect even more issues but more fundings. The more we can continue to fund loans, the sooner we'll hit the bottom.

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