All agents should “vet” a lender’s approval letter anytime a mortgage or financing is a part of a transaction. The phone call with the lender is vital to the success or failure of your client’s transaction. This course includes a sample call with a lender, where Smit demonstrates the information you'll want to verify in order to determine an approval letter's accuracy.

Topics Covered

• The nomenclature needed to conduct a basic telephone conversation with a lender
• Questions to ask a lender when vetting their approval of a borrower

Course Duration

• 7 minutes

About The Instructor

Smit has been working in the residential real estate industry for over 20 years. Smit's trifecta expertise combines his experience as a real estate broker, owner and mortgage lender and his degrees in economics, political science, and law bring a well-rounded approach to his teaching. Smit has taught NAR credential courses throughout the Pacific Northwest. His passion for real estate, finance and teaching has led him to create and launch several custom courses as well, addressing current trends such as Survival Skills in a Changing Market, What you should Know about STR's and Real Estate Finance for Realtors. Smit's classroom is an energetic experience as he drives towards a high level of participation by students.