Hello! Kind of a simple question here so maybe someone can help me answer it. If a broker brings me a loan for an interest-only, short-term note that balloons, which forms does that broker need to provide to me, the o...
Hello BP,My name is Robin, as mentioned in the title I grew up in Liege, Belgium and have been living in the U.S. for about ten years. I went through college in Kansas and Texas, and I have been married to an amazing ...
I'm significantly ramping up my lending activities for 2020 and looking for a good software package to manage and automate as much as possible. I'm curious for the good and bad of what you are using? Here are my prior...
In the course of discussion with a RE Broker, the broker stated that they advised all of their clients to request their RMLO charge their origination fee as a discount point.The intent is to capture the tax write off ...
As I narrow down my mailing list, I'm trying to determine if I want to use Mortgage Origination Date or Last Sale Date. My dates would be the same, 1/1/90 - 12/31/00.Thoughts and experiences appreciated.Eric
Hello All!The name is Austen but my friends call me Austen. I'm active duty military and I just moved to NC.I read Kiyosaki's gem RDPD back in 2013 I got hooked on the idea of financial freedom. Fast forward a couple ...
Just looked at a two family down the block from where i llive. The facade of the home on the first floor is enclosed with a mudroom/porch that was built as an extension. It's obvious that the front of the home is it'...
I'm in the process of doing my due diligence on a property. My partner is suggesting we demo out a specific wall. I am not sure though if it is a load bearing wall. I would assume that the original blue print for the ...
Do all these fees apply for the same transaction?Fee Structure
Lender’s Fee: A percentage of the Loan amount paid by the borrower to the lender
Lender’s Commitment Fee: This will get paid by the borrower to the Lend...
'I am a Real Estate Broker in CA. I recently received my License to originate loans. I am looking for a company to associate with that will allow me to continue my RE Brokerage activities under my own name but offer m...