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4 April 2006 | 7 replies
Another idea if she is still listed with an agent would be to offer the buyers broker an incentive.
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23 April 2016 | 13 replies
Why is it recommended that a wholesaler get a broker's license?
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7 March 2008 | 15 replies
I know american brokers condiut is a lender that will fund.. they are an A lender and seasoning does not matter.
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6 April 2006 | 0 replies
I am a broker in AZ and I work with my brother who is a realtor.
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2 December 2019 | 10 replies
• Obtain a competitive advantage over other brokers!
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16 January 2008 | 27 replies
Those times when that has not been the case, and the bank has required nothing down, I've usually found that the mortgage broker misled the bank and told them that the investor was planning to move into the house upon completion.In order to build for my investors without putting them in a position requiring cash, or requiring them to mislead a lending institution.
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6 September 2020 | 10 replies
Executed Broker Loan Fee Agreement, if applicableAdditional items required to approve, document and fund the loan1.Appraisal Report by an approved appraiser2.Formation documents of the Borrowing Entity (LP1) and Tax I.D. number3.History of property ownership if purchased from a related party4.Closing Statement for the property (or proforma closing statement if under contract)5.Joint Venture agreement (if any)6.Preliminary Title Report with underlying documents7.Geotechnical Soils Report8.Phase 1 Environmental Site Assessment 9.Site plan (with units plotted)10.Grading Plan 11.Architectural drawings with specifications12.Architectural agreement (if any)13.Engineering agreement (if any)14.Construction Contract (if any)15.Insurance broker’s name, address, and phone number (builders all-risk, general liability)16.Independent cost review may be required17.Related Debt Certification (Loans To One Borrower)Notice of Right to Receive a Copy of the Appraisal Report Here is the info to help you out.
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1 November 2006 | 2 replies
Ameriquest is known for very quick closings, no appraisal needed and a big name.The reason they close so quickly is there fees are always extremely high, which they do their best not to disclose, they blow up their appraisals so you have a great chance of borrowing more money than your home is actually worth (personal experience with one of my clients), and the rates are higher than every other subprime company.For people with bad credit, find a mortgage broker to shop the best rates for you.
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9 January 2019 | 9 replies
If you are a Loan Officer looking to become a Broker... let's talk.
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25 November 2009 | 23 replies
If I can get faxes to come in to my email inbox then my faxes get backed up whenever I save my email messages (I keep them on the mail server as well as my client program).VOIP might be a good way to go with this.