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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...
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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 ...
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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...
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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 ...
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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
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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 ...
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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'...
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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 ...
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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...