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Dale W Doughty, Jr.
"Finally, a company DEDICATED to your needs!"
- 3 Helpful Answers
- 26 Answers
- 10 Blog posts
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Experience:
VP Sales & Marketing/Branch Owner for Dedicated Mortgage Associates, LLC
July 2009—present
Finally, a company DEDICATED to your needs!! Commercial and residential mortgages for…
Finally, a company DEDICATED to your needs!! Commercial and residential mortgages for…
Loan Officer/Manager for Apex Lending, Inc.
December 2008—June 2009
Responsible for business development, origination and training of new loan originators.
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Responsible for business development, origination and training of new loan originators.
Specialties:
Commercial and Residential Mortgage Solutions in Maine & New Hampshire.
Interests:
Born and raised in Maine - I guess that means I like anything that happens
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About:
I have been a General Manager of several multi-million dollar corporations in Maine, have worked as a Senior Loan Officer for Apex Lending and now am a
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Dale W Doughty, Jr. answered:
If any of our Loan Officers divulged that information to the sellers agent prior to being under contract it would be grounds for termination. I am confident that such as act would be a violation of the privacy act and it certainly is not ethical as it hurts your ability to negotiate. When my office issues a pre-approval letter it is customary to not put a dollar amount on the letter but to verbally communicate the maximum selling price with the buyer and the buyers agent. This way you know how much you can spend for the approval letter to be valid but the number is not available to the seller or the seller's agent. This keeps the negotiation playing field level.
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