Posts tagged Lender

When is a lender supposed to give me a good faith estimate on a commercial loan?/?

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Question : When is a lender supposed to give me a good faith estimate on a commercial loan?/? My lender just gave me a good faith estimate 7 days before closing. The rate is not what he told me.I have been asking for a month for one. What is the law on commercial loans?? commercial loan lender

Best answer:

Answer by George W. Bush, Jr.Good Faith Estimate is only required by HUD within 3 days of loan application on OWNER OCCUPIED 1-4 Family housing. You should have double applied or triple applied for financing with several lenders to make them compete. Since you paid for the appraisal More >

I need a mortgage lender in Missouri!?

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Question : I need a mortgage lender in Missouri!? We are looking to buy a home and we have a lender but would like to know about other options without having my credit ran all over the place. We had a bankruptcy discharged in jan/03 and a foreclosure in june/03. Our credit score ranges from 618 to 545-there is a discrepency with this particular credit company and I have papers to prove it. We will be financing around $ 170,000 and my current lender is offering me 7.25 interest rate with closing costs around $ 3500 and no money down with a Fannie Mae loan. Any suggestions or More >

With a reverse mortgage if owner stays in house and ends up with excessive equity does lender go after estate?

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Question : With a reverse mortgage if owner stays in house and ends up with excessive equity does lender go after estate? With a reverse mortgage, If owner stays in house for longer than expected and with interest, etc. ends up “upside down” — in other words, more is owed on the house than it’s current value, (of course, after the death of the owner), and after the bank sells the house can it then come to the estate to make up the difference? reverse mortgage lenders

Best answer:

Answer by J. Philip Real EstateReverse mortgages are tricky and prone to lots of misinformation. But do not worry More >

When buying a home, what is the best lender to use for a mortgage?

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Question : When buying a home, what is the best lender to use for a mortgage? I will buy my first home, and I want to get the best mortgage available. best mortgage lenders

Best answer:

Answer by v bBased on your other posts, you aren’t going to be able to buy anything. You have $ 27K in assets and no income. You also want to go back to school.

Think about it. You have no income, how would pay back the loan?

Mortgage Confidential: What You Need to Know That Your Lender Won’t Tell You

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  • ISBN13: 9780814473696
  • Condition: USED – Very Good
  • Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed

Mortgage Confidential is an insider’s look at the mortgage process for anyone concerned with getting the best deal (and not being taken advantage of) while financing their home. The book goes beyond the basics, revealing the options lenders don’t often divulge to their clients, what they really look for before they approve a loan, which costs they have control over, More >

Reverse Mortgage Lender in California: The best companion for the elderly

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money is the basic requirement for everyone. As a senior does not mean that he / she does not need money. This money could be used for many purposes such as medical care, home improvement or other personal needs. If you are older and a large amount of money immediately, then in California Reverse Mortgage Lender, the ultimate destination for you. Older people who may decide to live in California or nearby, mortgage, conversely, the best and most reliable support.

There are basic requirements that must be met for the California mortgage lender reverse mortgage. First, the borrower a senior, More >

9 steps to the best mortgage search for you – first approved in advance by the lender

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Many potential borrowers mistakenly believe a mortgage “prequalification” or “approval” letter is the equivalent of money in the bank. But this is not the case.

Remember, the screening is not the same as the previous agreement. Pre-qualification is an estimate of how much you can afford, and the figure is not guaranteed. Pre-qualification is a good step to take home buying process because it display the houses you, but ultimately it is not taken into account your overall financial describe limits. Pre-qualification is a closer look and formal in your finances, do not assume that because you More >

Reverse Mortgage Lender: a choice

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Finance is an important aspect of our lives until we win, and there is a steady flow of money, this is not a problem. However achieved, once a person pension age things were really difficult for him stops, especially since the periodic cash flow. However, there are ways that can also be easily overcome and the reverse mortgage is one of them. A reverse mortgage is a loan which can be purchased by one person instead of his house. The loan amount that can be obtained from a reverse mortgage lender depends on the value of the home loan applicant to the owner. The house is security for the money More >

Who is the best mortgage lender? I have been dealing with two?

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Question : Who is the best mortgage lender? I have been dealing with two? I have been dealing with Prosperity Mortgage and Monoko (which is associated with Dan Ryan Builders). I wanted to know where to get the best deal, any other recommendations? It appears Prosperity Mortgage is part of Wells Fargo, we are going with the USDA financing because we qualify for 100% financing to save that down payment. Dan Ryan Builders is paying $ 5,000 toward our closing costs and I wanted to know where to go? I do not have an issue with paying my mortgage. I don’t even have a mortgage. I am buying a More >

JOEL KRIEGER REVERSE MORTGAGE LENDER LENDERS MIAMI FLORIDA

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http:www.JOELBKRIEGER.com 305.858.8585 REVERSE MORTGAGE FLORIDA, REVERSE MORTGAGE LENDERS FLORIDA, REVERSE MORTGAGE LENDER FLORIDA, REVERSE MORTGAGE LENDER MIAMI, REVERSE MORTGAGE INFORMATION, REVERSE MORTGAGE COMPANIES FLORIDA, REVERSE MORTGAGE INFORMATION FLORIDA, REVERSE MORTGAGE LENDERS…

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