My client called me today and wanted to know about M&I Bank's track record with short sales. He wanted to know if it is better to just walk away.
Has anyone received an approval letter from M&I Bank? Do they waive the deficiency? Are they easy to work with?
Any info or even a copy of an approval letter would be helpful.
Thank you
Elise
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Just closed a short second with M&I went very smoothly.
took about 6 weeks, would have been quicker if we were not fighting over adjusting commission to 5%.
They would not push forward whatever i did.
As soon as i sent over the "corrected" HUD i had an approval in 2 days.
Offered $8k on loan of $88. NO DEFICIENCY NO PAYMENTS
They said they do not negotiate payments or credit reporting.
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