Tuesday, 3rd of June 2008 at 08:19:21 PMRecently one of my clients brought a lender into a transaction that I hadn’t worked with and the nature of this transaction had me concerned. However, my concerns were unfounded. Todd Wheelen from Bank of America stood the test and succeeded. He also happened to be in the right place for another opportunity. While celebrating the on-time, without a problem closing with our client, I mentioned that another client was having issues with their lender. Again, this was a non-conforming loan, this time on a new build. When my concerns starting sky rocketing, I called Todd to get a good faith estimate that I presented to both the buyer and the builder. With less than 21 days to closing, we switched to Bank of America and Todd was again challenged. Boy did he shock me on this one, everything was ready well in advanced that all the documents were reviewed and signing occurred days ahead of schedule with Close of Escrow on time. So I wanted to give a shout out to Todd for jobs well done. He was successful with making my list of recommended lenders, and I think he did it without sweeting.
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