With all due respect Annette, you are right that that not all lenders are created equal, but at the same time, the referral partners I work with focus on selling while allowing me to handle the finance side of things and not worrying who has what program. At the end of the day, I am very strong in most facets of financing and after a decade in this industry, I know guidelines and how to calculate income properly whether the buyer be w-2'd or self-employed and no one should work with anyone regardless of their programs if they don't know how to calculate income of a self employed individual. With our broad array of products like government programs down to 580 credit scores and jumbo programs up to 2 mil we are able to facilitate most loans. Now with that said, if there is a loan that I am not strong in or I know the client would be better off somewhere else, I have an extensive network with other local lenders that refer me business for loans they can't do and I send them loans that my client would be better off with. For instance, non-warrantable condos or new doctor loans. I know there are programs out there that are better than the terms I can offer on these two situations and I am happy to send the client elsewhere to make sure they get the best of terms and keep my partners happy.
The bankinggrades.com link...that grades banks on their ability to lend to small business'. That has nothing to do with residential lending unfortunately.