SBA Loan Officers | How are They Handling Your EIDL Loan

Описание: More crazy stories about SBA Loan Officers | How are They Handling Your EIDL Loan? SBA loan officers do not have guidelines nor formal training so sometimes, some may make up their own rules throughout the process to keep the file moving. HOWEVER, it could be IN THE WRONG DIRECTION!

TREVOR is a retired 30+year loan officer who specialized in government loans. He's seen all kinds of scenarios when it comes to loan processing and loan underwriting. He'll often refer to a loan officer as having "L.OD." as in Loan Officer's Disease because their logic and approach could be ill-fated for a Borrower.

Trevor has a process and a methodology on how he underwrites loans and sometimes he sees complete mayhem when it comes to a loan officer or a rep, who SOMETIMES, make decisions and determinations that could negatively impact your EIDL LOAN.

Could your loan be some loan officer's next declination decision?

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We are Business Financing Brokers and Disaster Financing Specialists. We help you get cashflow into your business so you can run your business. Financing Solutions to Build Your Business. We are not a lender nor do we represent the SBA. Our recommendations and suggestions are based on our 30+ years of experience with a Government loan program.

We started Aurora Consulting inspired by a conversation over dinner with our new neighbors. He went to the bank, they spent considerable time (and his money) processing the loan application. He needed $500,000. After months of processing the bank approved $50,000. He said, “I think you left off a zero.”

Our role as your financing Broker is to review all relevant documents, including a credit report, in the early stages of your request, before the application, before we've even started conversing with a Bank/Lender.

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