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Results (10000)
Chris Salas Is it a good idea to Sell Real Estate and Originate Loans?
16 June 2014 | 5 replies

I've been throwing the idea around for several months now and want to know what others have experienced. Is it a bad idea to work as a Real Estate Agent and Mortgage Lender?I know with FHA you're not allowed to do...

Suresh Kannan Can traditional Mortgage lenders find Out of state deals?
30 April 2021 | 4 replies

Iam curious about this, currently the properties I got were funded by a local (Tx) mortgage lender. I have heard people getting funding from credit unions out of state to buy in a different state? Is it possible and i...

Ally H. RESPA and VA Loan
31 August 2014 | 0 replies

Hi fellow BPers! We have some questions for those who are familiar with the VA loan for active duty military.We went through a mortgage broker and locked in our interest rate and lender's credit last month with a Rate...

Drake Ivy Getting around the Dodd/Frank Act
29 January 2019 | 5 replies

Does anyone know who I need to go to to handle the Dodd/Frank Act so I can do owner financing for mobile homes? I live in Texas, preferably anyone in the DFW area

William Coet Mortgage Broker Earning 692k per year
11 February 2020 | 9 replies

I just happened to watch a youtube video where they interview woman who earn different salaries and ask them what they are saving for.  One who is a mortgage broker was listed as earning 692k.  Is this an exceptional ...

Steven Ellis 30 vs 10 year fixed at current mortgage rates
4 December 2016 | 28 replies

I'm looking at buying a property to live in and eventually rent. My lender is suggesting a 10 year fixed vs a 30 year right now due to rates. My strategy is to keep the home long term so to me a 10 year doesn't seem l...

Bethany Duren Seller financing and safe act
14 July 2018 | 6 replies

I own a property in Georgia and want to do owner/seller financing. I've read about SAFE Act and Dodd Frank Act. Confused? If I don't live in the property as my primary residence do I need to be a loan originator to do...

Gil Amos BRRRR Calculator Question
1 February 2023 | 5 replies

Using the BRRRR calculator, is the acquisition loan section set up for using a hard money loan? I would be making a cash offer - loan would be full purchase price + rehab, but the interest and other loan expenses disa...

Andrew Bang MATH TEST: Which hard money loan is cheapest???
3 February 2022 | 5 replies

Can you solve it?  Which hard money lender is cheapest for a flip? Scenario:  $150,000 total loan, 100k towards purchase price, 50k for rehab.   Flips the house in 120 days.  5 rehab draws, 1 every two weeks.  Lender ...

Jay Hinrichs See below for some releif from dodd frank for owner finance
21 October 2015 | 2 replies

This is from the State of Oregon as a proposed new rule.. AS an NMLS licensed mortgage banker I get these tid bits from the state.. this one is of interest and maybe other states will follow suit this will help homeow...