Nida Makein's Discussions

Hi Gregorio, I do apologize for the late response.  However when a quote says decline, the borrower must have deleted the quote.  If you saw other active quotes, then it might be that the quote had come in after your quote was deleted.  I hope this answers your question.  

Hi Charles (cambridgemort), Due to the growing amount of users, we are reviewing these flags as fast as we can.  If we feel a quote is misleading, we do follow up with the Lenders to provide additional information on the loan they are quoting.  We expect Lenders to stand by their quote if the information provided by the borrower is accurate.  We do appreciate your feedback on this. Thanks, Nida  

Hello everyone, Appraisal fees seem to be the main issue here.  As Lindsey mentioned you do need to include the appraisal fee since this is something the borrower will have to pay whether it is out of pocket or not.  Looking for a loan can be a complicated process and providing all the fees makes it less confusing for the borrowers.  After all we are trying to help the borrowers right? Also we are looking into the quotes mentioned in this thread and will delete the ones we feel are misleading.  We do appreciate your feedback.

Thanks Martin.  You are correct.  I like that term "in the box quoters". 

Here is the deal.  Just disclose the fee in the box.  See the definition below.  Lender fees are fees required to close a loan. Most fees are paid to the lender but some are paid directly to third-party service providers. Borrowers are typically responsible for all lender fees but some mortgage transactions allow for the seller to pay some of the lender fees. I am reviewing the quotes that was mentioned in this thread.  Flags are definitely a great way for us to see who is following the rules and who aren't.  Keep them coming.

Thank you for your suggestions.  We appreciate your feedback and I will look into how to make this easier for you.  

Hello! I appreciate the input on the quotes and we do look into the ones that are mentioned in these discussions.  However lets stay on topic and keep personal comments to yourself.   

For future references please flag the ratings so we can review them.  We will look into this but please do not use personal insults in these discussions. 

Zestimates are updated a few times a week.  A variety of things, depending on where you are located can cause a change or difference in the Zestimate value -- most likely, new sales transactions that have been entered in our system or potentially updated tax assessments for each home. 

I wanted to add to what David G said about inaccurate quotes standing out, because they really do!  You can't see it, but on our end the flags are coming in for those types of quotes.  Flags have been a great way to monitor our quoting system.  Tom pointing it out here in the forums is a good way to bring it to our attention too.