Q&A
Asked by an anonymous user
Answered by Brandon Hambright
Mortgage Loan Originator in Mobile, AL
I would start by asking for detailed transaction history from this lender. This way you can see how the funds received are distributed.
Q&A
Asked by william kreider
Answered by Brandon Hambright
Mortgage Loan Originator in Mobile, AL
Below is contact info for wholesale rep of AFR who has the program you need. They are licensed in SD...ask him to refer you to a loan originator in your state. Good ...
Q&A
Asked by Brady
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Brady: There is almost always a "finance contingency" in the contract which stipulates that if you are not approved for the loan, your earnest money deposit will be...
Q&A
Asked by an anonymous user
Answered by Ted Erickson
Mortgage Professional in Novato, CA
I would need more details to give a valid response. If you are saying you are on title but not on the loan then yes you could refinance as long as you qualify for the ...
Q&A
Asked by Thomas Terry
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hi Thomas: Settlement charges are going to be the fees that you pay at closing for the cost of purchasing (or refinancing) a home. There will be charges from the le...
Q&A
Asked by Brian
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hello Brian - Part of the answer depends on where home values are trending in your purchase zone. If values are increasing, my advice would be to opt for the lower...
Q&A
Asked by Jamie
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Jamie: Thank you for your inquiry. DTI is determined by taking whatever secured debt you have (generally those on your credit report) against your income, represent...
Q&A
Asked by Brian
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hello Brian: There are a multitude of loan programs that require credit scores that are across the spectrum. The most efficient way to approach purchasing a hom...
Q&A
Asked by Erin
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hi Erin: That depends on the type of loan you have. If it's an FHA loan, the new guidelines state that the MI will stay on for the life of the loan. If it is conven...
Q&A
Asked by Katie
Answered by Ted Erickson
Mortgage Professional in Novato, CA
You can do this online with most major banks and your bill pay system. Any bill can be payed this way. You can do it with your current account most likely.
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