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If my lender disappeared in the middle of a transaction what do I do?

Help by johnmai from Memphis, Tennessee. Jun 27th 2013 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

I'm not exactly sure what you mean by "Disappeared"... but if the loan officer is no longer with the company, then more than likely someone else will pick up the file and continue with it.. if the entire mortgage company closed up shop, then you have no choice by to start somewhere else.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Jun 27th 2013
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

I'm not exactly sure what you mean by "Disappeared"... but if the loan officer is no longer with the company, then more than likely someone else will pick up the file and continue with it.. if the entire mortgage company closed up shop, then you have no choice by to start somewhere else.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Jun 27th 2013
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DOUG CAPPS (DOUG CAPPS)
#1 ranked lender in Mississippi - 208 contributions

Hi John,Have you tried contacting someone else within the company? If the company is closed, maybe I can help you out. We're located in Hernando, MS. If you need assistance, please give me a call at (662) 429-5100 ext. 105.

Jun 27th 2013
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Steven Cook (stcookmortgage@gmail.com)
#37 ranked lender in Washington - 256 contributions

If you are not getting any response from your previous lender -- you need to contact another local, licensed mortgage professional. I would suggestcontacting Richard Smith at (423) 280-0345 in Chattanooga (since I don't know anyone in Memphis.)

Jun 27th 2013
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

Contact lender's main office, or another lender.

Jun 27th 2013
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David Sanders (David_Sanders)
#811 ranked lender in California - 59 contributions

If you mean your Loan Officer disappeared. Unfortunately this is very common in the industry. Either they are ignoring you because they cannot get the deal done or they are no longer with the company, most times. I would contact a local lender 411 Mortgage consultant to get some more information to help you out.

Jun 27th 2013
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Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

Contact a Lender411 loan officer to help you out.

Jun 27th 2013
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Nancy J Releford (nancyreleford)
#4 ranked lender in Tennessee - 233 contributions

Hey John,I am located here in M'Boro TN. give my office a call @ 615-867-3060 to review your situation or if you have any questions.ThanksNancy J RelefordHome Equity Mtg

Jun 28th 2013
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Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

Try contacting the lender's main office and see if you can get a hold of them that way or find out where they have been. If you can get in touch with anyone in the company, begin the transaction with a new lender. Try to find a lender that a friend or real estate agent can refer to you.

Jun 28th 2013
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