Account Closed
?What is table funding?
From the reading I've done, it sounds like table funding occurs when the source of loan origination money is different than the that of the lender named in the note/deed of trust documents. Is that basically it, o...
David A Lisowski
Advice on becoming Mortgage Broker in FL (AL, GA, TN)
TL:DR = experienced mortgage processor (not MLO) looking to start his own mortgage brokerage; need advice
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Hey all, I've sea...
Andrew Lawn
First timer home buyer
I am a first time home buyer looking to purchase a home/multi-family property. I've been interested in Real Estate for a long time now, was even a loan originator at one point. My goal is to obtain finacial independen...
Emily Wiu
Help! Underwriter extended closing the day of closing!
My loan officer (not Penny Mac employee) is working with Penny Mac to secure me a loan on a primary home purchase. We started the process in late March, and we always provided everything they requested within 24 hours...
Ally H.
Advice Appreciated: Can Lender Decrease Credit After Rate's Locked?
Hi fellow BPers! After much learning and analyzing, we finally closed on our first home this week! Now we have a slice of paradise in Hawaii....but have some questions for those who are familiar with purchasing RE her...
Malcolm Ovenden
Has anyone dealt with Prem Singh & Sons, Inc.
I've been approached by Prem Singh of Prem Singh & Sons, Inc. of NY about funding my flips. He is offering 100% financing at 6%, but the catch is that I have to pay a loan origination fee up front before I can get...
Christina R.
Investing out of state -how did you do you first deal/get your team together?
Per @Jon Holdman - I'm reposting my post from a "buy and hold thread"
I am not philosophically opposed to investing away from where I live (and since I'm right around D.C., that's probably going to have to happen be...
Scott J.
First time buyer status gone if I own an investment property?
Hello all,So I'm in a bit of a dilemma here. There's a property for sale at a good price that I think would be a good opportunity to start the REI journey with. I also want to buy a house to live in for myself and tak...
Reginald J Brockett
Upfront Private Loan Costs
Hi I've been approved for a few private loans is it normal to have to pay upfront costs to attain the loan? Thanks for your response
Mike Hepburn
Dodd-Frank Wall Street Reform and Consumer Protection Act,
I trust you are familiar with this
Dodd-Frank Wall Street Reform and Consumer Protection Act
January 2014
1500 pages of new regulations around RE Financing. Us investors have to be complet...