All Forum Posts by: Michael L.

There is nothing in SDAT on it? Is it new construction?

Thanks... got my attention, how do they double the commission ? What are the 2 commissions they get :( don't understand !!

Hey my name is Kris Kelley Im a brand new investor and I am 22! I am in the St. louis market right now reading and analyzing everyday. Id love to connect with anyone in STL or even out of STL really, Im invtroverted but love meeting new people. As far as my experience goes, I want to house hack this year as my first home purchase so wish me luck!  ALSO if we have any gamers I'd love to connect on Discord or Steam!

Lender is required to have a NMLS license in the state where the property sits. There are "lenders" on here without licenses. There are nationwide lenders and some who are regional/ banks don't require their lending staff to have NMLS license in each state.

Lender does not need to be in your location. Documentation is uploaded on websites directly. Product rules, ins and outs vary for every lender. State laws for mortgages also have shades of different rules.

@Michael L.

It's about the same. All they care about are the numbers nothing else.

Yes, definitely!  However, keep in mind that each state has different lending/licensing laws, so choose your lender carefully.

Hey Michael, 

Yes, actually the lenders that I have used are out of state. 

You too, and to all!