Mark Hu
tax impound account abuse?
Our lender is impounding money for our property tax bill on our new condo. I've been checking up on them, and was recently astounded when they told us they would not be paying our supplemental tax bill (the difference...
Kenneth Garrett
Will Forbearance Develop into Foreclosures in 6 Monthe
COVID-19 has created havoc in the RE sector. Tenants can’t be evicted and Landlords have to pay there mortgage. Is there something wrong with this picture. I acknowledge the fact there are loans/grants to apply for...
Rebecca Creech
Where can I get help completing a loan assumption application?
I am trying to complete the required application to assume a VA mortgage loan from my parents. The loan assumption department for the mortgage company finally emailed me the paperwork to complete the assumption applic...
Michael Farrugia
bank loan on a multi-family unit 5+ units
I have a general question about purchasing a multi-family with 5 or more units. I've heard from a few sources that banks will not question your income when looking for a loan on this many units. For example, if I were...
James LaRocque
Insurance Question as note holder
Hi All,
I received an email from my servicer the other day saying that my borrower would like to file an insurance claim for a leaky roof. This brought many questions to mind real quick. In further discussion with ...
Zachary Vanison
DsCR loan breakdown
Hey bp family I’m Zachary I’m a beginner a week in to be exact but I took my first shot at at a FH a loan unfortunately due to the lack of income I brought in I didn’t get approv so I look for other options and ...
Palmer Thomas
A friend is the loaner on my mortgage. Can he sell the mortgage if needed?
Due to my DTI ratio, I had a hard time finding a conventional lender to give me a mortgage on my primary residence after paying cash for the house. A friend of mine is going to be the lender and act as the bank on my...
Kim Handelman
Bussiness Plan
Hey All,I'm working on my business plan and have searched the internet for some templates. I'm finding that a lot of the templates and sites out there are not well suited for REI biz plans. Does anyone have any leads ...
Amahl Miller
Northern VA Portfolio Lender
I am looking ti start my buy and hold business and I am looking for a bank that will keep and service the loan instead of selling to other banks. Can you suggest any good portfolio lenders who work with investors.
Alex U.
Best rates for San Diego, CA
Trying to do a refi on my house was wondering who some of the best lenders are. ?
Currently best I could find was 2.65% 0 points on 7/1 arm
Looking to get 30 yr fixed around 3 with no points.