I'm not aware of a law, but if the lender used a rebated to cover your loan fees, which may have appeared to you as a no cost refi, then they may charge the loan originator ba ... more
Excellent questions and one which may present several answers depending on your particular circumstances.
I'd welcome the opportunity to speak w ... more
Feel free to contact me f ... more
Couple things: Shop title and closing it's your right - Mortgage loan officers tend to use s ... more
Rudy has a great answer and is very correct. You don't wanna get sued if something were to happen. But also make sure you speak with a CPA for income purposes.
Most Buyer Agents know that there is an adjustment for condo loans versus TH' ... more
Fannie Mae is not a lender, but ultimately rather a company that purchases loans originally funded by a bank. The bank simply services the loan (meaning the payments are c ... more
If u r seller concessions r $15k and ur other costs donot add upto $15k, the origination fee is picked up in the seller concession. Seem to be that there is no fr ... more
I've never had a buyer using a credit union for financing looked at in a worse light than a buyer using a typical bank.
Ask other credit union members that have used t ... more
If you need an approval I can have that processed for you just ca ... more