Posted by walthtz on 10/1/13 11:50am
Msg #486615

HUD

Had a client call & set me do an appointment for them.
They asked me if it was OK to put my name & fee on the HUD so I would be paid right away?
Was wondering since this is the first time I have been asked this whether this is OK or not & if OK, when why not more companies do this?
Is there a drawback to this being done?
Thanks

Reply by anotaryinva on 10/1/13 11:57am
Msg #486618

Absolutely OK

Wish more would do this, you will be paid within 7-10 days.

Reply by MistarellaFL on 10/1/13 12:22pm
Msg #486620

name & fee on the HUD = payment at funding. Good thing. n/m

Reply by Linda_H/FL on 10/1/13 12:33pm
Msg #486621

yes - but - name and fee on HUD - no funding = no pay n/m

Reply by ME/NJ on 10/1/13 12:40pm
Msg #486622

Walt you have been around as long as me

This never happened? You will be paid on funding if loan goes through. This is the best thing that could ever happen. You will have a check in your hand within 7days.