“It’s Never Fun Telling Someone They Can’t Qualify”
I did a refinance for this couple and saved them nearly $1000 per month. They actually had two high interest rate mortgages and a few credit cards. I have relieved a lot of stress for them, but now they also wanted to purchase a lake house.
Unfortunately the math doesn’t work for them to accomplish the goal of buying the property that they wanted. I just am not willing to do what is not in the client’s best interest. Sure, they said they understood but I knew they were very disappointed:
Thank you for getting back to me on Friday. We also appreciate the help with the refinance of our Pomfret house and your honesty about the financing for the lake property. If there are any breakthroughs and you discover a lender whose criteria we meet please let us know.
We wish you and your family a great holiday season and please extend best wishes to your staff.
Image courtesy of stuartmiles/freedigitalphotos.net
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Joe Petrowsky, NMLS #6869
Right Trac Financial Group, Inc. NMLS #2709
110 Main St.
Manchester, Ct. 06042
Office: 860 647-7701 x116
Fax: 860 647-8940
Cell: 860 836-9294
Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.