Firm advertises on sports radio (790 am—The Ticket) station in Miami and alleges they are underwriters who make credit decisions in-house.
After initial consultation and credit check they will claim that you can close within 2 weeks or so.
Next, I find out our credit was inquired eighteen (18) in a span of less than 30 days. Afterwards—they will provide mortgage brokerage business contract that states they are entitled to fee regardless of if you close or not.
In fact the contract states you will be responsible for cost assoicated with any litigation that may arise from contract including all costs incurred (before or after trial. I'm ok with this, provided I recieve the same protection. They refuse to modify contract and make sure you have enough credit inquires so that it's more difficult to obtain mortgage with someone else.
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