Comment Detail
Date: 05/18/23 First Name: Jorge Last Name: Hernandez Email: jaher@aol.com Organization Type: other Organization: Guaranteed Rate Comment
thank you for not proceeding with the DTI add-on. it would have created huge problems with our process, pricing, and client satisfaction. You need better advisors in your staff, someone that understands the mortgage process. Also, charging clients with higher credit scores more to subsidize those with lower credit scores is not good business. I think you are trying to create more equality in pricing for all applicants. The focus should be on equality in opportunity not equality in outcome. Someone with a lower credit score should pay more because the risk to lend to them is higher. Thanks, JH
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