Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty)

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Rainmaker
697,507
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Aycanta Forditt 🤣😂🤣😂🤣😂🤣😂

All those plastic cards can't buy you love!

Could use them to buy the house at 20% interest.

What does she need a loan for?

Jan 29, 2019 10:29 AM
Rainmaker
756,296
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

.....you name it...I got it......

all under different names.

Ahhhh, now we  see what happens after a breech OR

When someone has more money than they can spend EVERYONE wants to help.

Jan 29, 2019 09:15 AM
Rainmaker
2,445,956
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Underwriters have molten lead in their veins, will not die of snake-bite and can lay down a barrier or hoop to be climbed or passed through and lose no sleep over it. When they approve you get the loan. Until then, scrutiny city!

Jan 29, 2019 09:48 AM
Rainmaker
922,533
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I'm not an underwriter, I'm a San Diego REALTOR who's never too busy for your referrals!

Jan 29, 2019 10:38 AM
Rainmaker
3,305,389
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I am not an underwriter but I have concerns that go beyond any potential lending issue. 

Jan 29, 2019 10:06 AM
Ambassador
4,166,955
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Are the cards paid off?

Jan 29, 2019 09:54 AM
Rainmaker
2,977,262
Richard Weeks
Dallas, TX
REALTOR®, Broker

An underwriters concern is when will 5:00pm Friday get here.

Jan 29, 2019 09:52 AM
Rainmaker
732,295
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

The bright spot is Black Card; it's not for everyone. Maybe there is some real cash/assets behind this.

Jan 29, 2019 08:54 AM
Rainmaker
1,427,423
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

I'm not an underwriter, but wow, that is a lot of plastic.

Jan 29, 2019 12:53 PM
Rainmaker
4,954,280
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

WOW.... some people love their plastic....

Jan 29, 2019 11:54 AM
Rainmaker
1,230,476
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Holy cow!  I thought I was bad with 4 cards!

Jan 29, 2019 11:51 AM
Rainmaker
4,432,093
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Speechless.

Jan 29, 2019 11:37 AM
Rainmaker
1,527,366
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

I'm with Annette. I really thought that banks stopped doing that stuff? I guess not. 

Macy's ... the rif-raff card.

Jan 29, 2019 10:56 AM
Rainer
183,185
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

I’m not an underwriter, but have approved loans for many years. The problem with consumers is that they think the more credit cards, the higher your credit score is. No one needs this many cards, for any reason, period.

A good underwriter will look to see the potential of available credit, and might decide to decline a mortgage request based on that reason, even if they show no balances on them.  Think “Midlife crisis”.  The potential of this customer charging them to the maximum credit line would be of great concern on the repayment ability of your mortgage. As amortgage broker, I tell my customers to only have two or three cards. A Visa or MasterCard, American Express, and Discover card. That is all you ever need.

Jan 30, 2019 08:09 AM
Rainmaker
1,594,709
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

My immediate response is... are they all in your name?

Jan 29, 2019 12:50 PM
Rainmaker
4,405,852
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Kevin,

I am always in scrutiny mode when it comes to $$$$$.  Cheers.  A

Jan 29, 2019 12:34 PM
Rainmaker
3,057,843
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Fell off my chair laughing, Kevin.

Jan 29, 2019 10:33 AM
Rainmaker
1,054,278
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Oh boy, so many credit cards.  

Do they all have a balance? 

Jan 30, 2019 07:21 AM
Ambassador
1,631,443
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Does the Federal Reserve balance his books too?

Jan 29, 2019 04:09 PM
Rainmaker
672,370
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Lots of credit but no cash.

Jan 29, 2019 02:46 PM
Rainmaker
396,024
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Not someone I would want to deal with.

Jan 29, 2019 01:09 PM
Rainmaker
3,981,041
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I would be running as an agent

Feb 03, 2019 04:41 PM
Rainmaker
3,140,369
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

My ex wife is a underwriter and I would not ask her.

 

Feb 02, 2019 03:42 PM
Rainmaker
4,064,691
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Why would anyone need 40 different cards, wow!!!

Feb 01, 2019 07:27 AM
Rainmaker
1,223,722
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Going to have to have a George Constanza wallet to handle all those cards, Kevin J. May ... 

Gene

Jan 30, 2019 09:19 AM
Rainmaker
4,797,120
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think it would depend on the balances.

Jan 30, 2019 06:29 AM
Rainmaker
3,240,859
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

It could be a complete disaster requiring another cup of coffee or a bunch of zero balances complete with a sigh of relief

Jan 30, 2019 04:20 AM
Rainmaker
507,995
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

What are their balances and spending habits? I might want to see bank statements going back a while to see if they were all actively used or not.  If the balances were kept low and most cards were empty, I'd imagine a great score. If they were all in some state of constant use with minimum payments, I'd be worried. 

For the record, not an underwriter but a former Loan Officer for both mortgages and auto finance. 

Jan 29, 2019 09:09 PM
Ambassador
3,280,372
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Holy guacamole! How does one keep up with that many cards?! 

Jan 29, 2019 08:20 PM
Rainmaker
5,346,704
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good luck.

Jan 29, 2019 01:01 PM
Rainer
2,665
Greg Mclemore
Mclemore Homes - Alameda, CA
The best agent in Alameda at your service!

I had to get rid of the inquiries on my credit account. How-to articles online didn't work. I consulted a relative who had the same problem, and they introduced me to Master Credit. I took the risk, knowing that the company has $10,000 in surety bonds. The sales rep I spoke to was very accommodating and friendly. She told me what they do and how they do it. After three weeks, all my inquiries were removed. No inquiries will affect me getting financing again. Now my credit is looking excellent and i can't thank (Patchcredit@gmail com) or visit (Patchcredit.wixsite.com/patchcredit) for your effective credit repair today. NO gimmicks. They are very effective.

Mar 25, 2019 05:19 PM