Before you choose a Loan Officer ask:

  • May I have a copy of your license?

  • May I have proof of your E&O ins?

  • May I have your Broker or managers information?

  • When the loan funds will the money come in your company’s name or another lender? (A direct lender wires the money in their own name)

  • Do you pay rent to or have a marketing agreement with any Realtor or Real Estate office that referred you?

  • Do you assist financially with advertising to a Realtor or Real Estate office that reffered you?

  • Will you offer me proof of my rate lock that exceeds the scheduled close of escrow along with a signed GFE(Good Faith Estimate) or MLDS(Mortgage Loan Disclaimer Statement)?

  • May I have a copy of my actual approval, with conditions, signed by the underwriter, within ten days of signing the application? Regardless of whether or not I have chosen a potential home?

  • May I have proof of you and your company’s approval and certification which allows you to offer me FHA, VA, PERS, STRS, County MCC & DPA programs as well as City/Municipal Programs that may be available to me?


    • Most professional loan originators would welcome such an inquiry. These questions were derived after researching and confirming that all of them can and should be answered with a resounding, YES. These questions will ensure a greater chance that you are working with a full time professional who not only takes pride in what they do, but is hoping to raise the bar of their chosen profession. Please, do not settle for less than what you are entitled to.

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