Makai Mortgage Wailea Ike Pl, Kihei

Mahalo for your kind words, Vasa! We look forward to having the pleasure of assisting you again in the future. Hau’oli Makahiki Hou!

Hi, Mack. We always appreciate feedback as we continuously strive to improve our service and welcome the opportunity to share information about the loan process. When a prequalification letter is requested from a Makai Loan Originator, as in the case of your parents, the process takes time. Not only must an application must be completed, but other steps must take place to insure the accuracy of the loan amount to be stated in the letter. It does no one any good, least of all the borrower, if the prequalification letter is inaccurate. During the prequalification process, challenges often arise, such as low credit scores or income, or even errors within the automated systems used to qualify borrowers for certain programs. A responsible Loan Originator addresses these challenges prior to issuing the letter – if he or she does not, the prequalified loan amount in the letter may need to be reduced – resulting in a disappointed homebuyer. During this stage of the loan process, if the borrower does not state that he/she has or wants to add a co-borrower, the Loan Originator works to qualify them using only their asset and income information. If, however, the challenges to qualify the borrower cannot be met, or the loan amount is less than the borrower was hoping for, the borrower may be advised by their Loan Originator to the seek out a co-borrower. (This stage of the process had not been reached at the time of the writing of the above review.) All of these initial steps take time, sometimes several days to over a week, during which the Loan Originator works hard with the borrower’s loan scenario to qualify them. Our records show that in your parents’ case, the loan application was completed on 10/24/21, which was a Sunday, at 4:11pm HST. On Monday, 10/25/21 at 8:29am HST the application was uploaded to our system and at 9:22am HST, Anne was in contact with your mother, confirming receipt of the application. The application still had to be completed in full, as some data had not been included, and prequalification challenges addressed. Makai was notified of your review posting on 10/28/21 allowing for less than three days to complete the prequalification process. Makai Mortgage is a local company, with local employees and Loan Originators, and each of us takes pride in assisting all of our residents with the dream of home ownership. We encourage you to reply to Anne’s phone calls to discuss, with your parents’ consent of course, the details of the loan that Makai offered to them.