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I’m looking for a loan to purchase an 5 Unit apartment and came across a lender. He told me I have to pay a $3,600 origination fee for for $180K. I told the lender from Metro Financial Services, INC that I didn’t want...
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I have been shopping for a VA loan.What items have others been able to negotiate? - Appraisal fee, title insurance, inspection, etc? etc?Are bank origination points typical? One lender is showing .75.
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Hey, I’m Blake. I just graduated from Pomona College in Los Angeles, where I majored in Cognitive Science and Linguistics. On the next leg of my journey, I’m looking into teaching English in South Korea or Thailand to...
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Does anyone know a Mississippi Licensed Mortgage Loan Originator(s) who could be hired to do the compliance for the Dodd Frank for seller financed homeowner transactions?
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I am selling a SFH and during the option period the buyer is renegotiating based on the inspection. I may be getting a higher offer from another buyer, and am wondering: am I still bound to the first buyer's original ...
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Hi all,Is a 1 point origination fee standard for a Freddie Mac SBL? Thanks for your help!
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Hi all. Posted a different question about the same project earlier. It's a plumbing/electrical/remodeling project for a mixed use building in CA. The structural engineer is saying that the building's original architec...
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Hi everyone, I have been holding onto a deal where I was supposed to close on a duplex in November 2017. The owner of the property had some janky title issues going on where someone else's name was on the title yet ha...
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Example:
Found a home owner willing to do lease option. You find a rent to own buyer. You sandwich the deal in a 2 year L/O. 1 Year down the road the buyer bails out of L/O contract. What are the terms/penalties you h...