Melina Gorosito
Lender loan origination fee-scam?
Wondering if it’s normal for lenders to ask for a loan origination fee of approx. $1200. What is the usual ways you deal with this transaction? I suggested giving the funds to an attorney in trust and releasing them a...
Lupe Santiago
Selling your own Originated Loans
Hello,
If I originate a loan (hard money residential - not for owner occupied dwellings) and then sell the loans to the open market, do I need a separate license? Am I a broker if I'm selling my own loans that I ori...
Kent Harris
Loan Originator for Owner Finance
Because of the new Dodd Frank laws if you do 3 or more owner finance properties in a year it is required that you get a Loan Originator to qualify the loan. Does anyone know where I can find a Loan Originator in the H...
Dele Ola
Residential Mortgage Loan Originator(RMLO)
I am in a process of doing Owner Financing in the state of Alabama. Was wondering whether i can get any information about Residential Loan Originator for all the states in the Country especial for the state of Alabama...
Andy V.
licensed, certified mortgage loan originator
I have been contemplating investing in the mobile home industry (units, not parks) to compliment my SFR investing. However, the more I dig into it the scarier it seems, largely due to my wanting to sell on terms to t...
Ray Trounday
Loan to Value calculated on Original Loan Balance?
Is Loan to Value calculated on the Original Loan Balance or Unpaid Loan Balance?
David Weintraub
Advice on Loan Origination Software (LOS)?
My company uses Calyx because we began as a conventional firm (still are), but we're looking for something a bit more nimble, with better functionality. We're trying out another new platform currently, but no one is ...
Lyle Cooper
Deducting Points paid on loan origination
I bought a small building in 2017. I bought my mortgage interest down by 0.75%. It costs me $25,000 (Points paid). I have no income in 2017. Can I defer when I write deduct the points paid? Or am i forced to am...
Kevin Mika
Looking for a Mortgage Loan Originator
I am looking to find a A licensed and Safe Act approved Residential Mortgage Loan Originator (RMLO) in the Tampa, Clearwater, St. Pete area. I am looking having them underwrite mortgages for me. I want to make sure th...
Arty Fresh
Becoming a mortgage loan officer/originator
I know j have to get my nmls license which soon I will start studying forBut I was just reading a job posting for an assistant mlo / junior mlo, and they require some mortgage experienceSo my question is coming from t...