best loan articles

What is the best mortgage loan company? my parents are looking for a loan mortgage company. also, is it possible for different loan companies to give the same person different pre approvals? like for different amounts of money?

Best Mortgage company to get approved for home loan? My husband has limited credit (590 credit score) But nothing bad on his credit. Does anyone know which mortgage company is most likely to approve us for a loan as first time homebuyers and 100% financing?

what company is the best home mortgage loan lender? i am interested in refinancing my home and have a current loan with chase home mortgage. Which home loan lender it most popular or best to use?

what are the best mortgage companies in southern california to work for as a loan officer?!?

what are the best car loan mortgage company?

What is the best mortgage company to get a home loan with? Trying to buy a house...need low rates, etc.? Buying a house that's being built right now...been shopping around where to get a loan from...any ideas?

What is best bank or mortgage company for home loan? I do not have great credit history and would like to apply for a home loan to see if I qualify, but I want to know who is best to go threw for a good shot if my history is poor?

what is the best mortgage company to get a home loan from if you have excellent credit?

My credit median credit score is 760. Shouldnt I be able to get the best rates available for a mortgage loan? When I tell a mortgage company about my credit score, it doesn't seem to help any in getting the best rates available. How much does your credit score "HELP" you? I know that it can hurt your chances of getting a good rate on a home loan.

I just opened a nationwide contract mortgage processing company after 20 years processing loans for companies? What is the best way to advertise my business to mortgage companies and loan officers. I have a website now, but other than that, what is the best bang for my buck when it comes to advertising methods.

whats the best way to advertise a mortgage and loan company online and off.help.....? any ideas would help......and thanks.....

Why are the banks, loan companies, & mortgage companies forcing home owners into foreclosures? Wouldn't those companies make more money if they allowed everyone to keep their house and just lower their payment to something more affordable? Not only would they still be getting some money it would help the mortgage crisis. Correct me if i'm wrong.

do mortgage loan companies check your employment again before closing? I am planning on leaving my job for another after the 13 of July but we are in the middle of buying a home and I don't want to give the mortgage loan officers a reason to question if we can afford it ( WE CAN). Can I put in my resignation now to give two weeks notice or should I wait until after we close in case the mortgage people check my status. Do they do that?

Can a previous mortgage loan company foreclose on a home? My husband and I acquired a loan through a mortgage company; I'll call this loan company 'A'. We sent our first mortgage payment to this company in March, and then we received a letter stating that our loan had been sold, and that all further payments would be due to loan company 'B', starting as of April 1st. We received our payment coupon from loan company 'B' the next week, stating that our first payment was due May 1st. We made this payment to company ‘B’. We then received a letter from loan company 'A' stating that they were going to foreclose on our loan. Company 'A' had forwarded our first check we sent to them to company 'B' without notifying us. There is no way we can afford to pay a double payment one to both companies, for the payment they didn't accept and forwarded to company ‘B’ back in March. Can they do this? Our loan is now with loan company ‘B’.

mortgage loan companies who give loans to people with bad credit?

How long will it take the latest 3/4% interest rate cut to affect the mortgage and loan companies rates? With the Fed's decision to cut interest rates, I understand that banks will follow suit and lower interest rates. How fast will it take for these changes to go into place? At what point should people begin to investigate refinancing their mortgages and other loans where it will actually reflect the new rates?

What is the best place to get a first time Mortgage ?? I never had a house before but i am thinking to get one. My credit is not bad but I have to established it a little bit more. Should i go to a Bank or a loan mortgage company ??

How did Bush encourage the mortgage companies to develop exotic loan products for the subprime market? Remember when Bush spoke of his "ownership society"? Did Bush give any incentives for those brokers and mortgage companies to create those exotic loan products, so many of which are now in default? Do you think that increased regulation could have mitigated this disaster?

I have a 30 year mortgage when is it the best time to convert to a 15 year loan? Is this a reasonable thing to do? I have only been in my home for one year! I want to pay it off sooner. accellerated mortgage loan? is this a scam? I hardly believe anything the morgage company offers because the interest rates are a rip off. any advise all welcome!

Has Anyone used or plans to use any of those loan modification mortgage companies? If so how much did you pay and what were your results?

Looking for a Large Quality Mortgage loan company with no surprises? Buying my first home and want a quality loan. Whats a good mortgage loan company thats a larger chain GMAC, Countrywide? I dont want a surprises during my loan are fixed loans better? Have good credit

Do mortgage companies only loan what the property is appraised for?

Can I have 2 different mortgage companies try to get me a loan at the same time? Im trying to get a home loan. I was pre-approved by 5 different places. A couple weeks later I found my dream house. Now when it comes time to actually get my mortgage the guy at weichert financial tells me he's not sure if its gonna happen. Can I start looking at another company to get me financed. He said that if he cant do it than no one can, but I dont believe that. I know that are credit sucks but we make decent money and have no debt. So will it mess anything up if I start looking elsewhere. Im not looking for another pre-appoval. Im looking for a loan. PLease dont tell me to call you to get a loan. I want a company with an office right near me. Mazziatplay--- I really just asked if 2 different companies can search for a loan at the same time. I have been working on my credit for over a year since I was hurt on the job and had to take a leave. Now that all of our debt including doctor bills have been paid we are trying to raise our score. In the meantime our landlord is selling our place and we have to leave. This is the reason why we are looking to buy a little sooner that we should. So before you tell someone to WAKE UP maybe you could be considerate of someones feeling. I am not fully aware of the mortgage laws. I do as much research as I can but unfortunatly there are a bunch of lenders that get peoples hopes up just to make a sale.

I asked my mortgage loan servicer who held my mortgage and they told me it was a secret investor. what? What is a secret or silent investor? At first , the loan servicng company, Homeq, told me the name of a mortgage company who held my mortgage; when I called this company they said that the did not have my loan. How can I find out this information.

Where can I find out how to create my own Mortgage Loan Processing business? I have 4 years in the Mortgage industry (with skills in ALL aspects of this business - from Loan Origination to Processing). I want to start my own business of processing mortgage loans for Mortgage Companies who do not want, or have the financial means, to hire their own staff to perform this function. I am extremely detailed with an impecable work ethic. I am looking to find someone or some place where I can get the information I need to get started.

Are there any mortgage companies that loan with a less than 500 score?

Are loan officers or Mortgage companies interested in a lead referral plan ? National COmpany slated to offer Lead referal prgram for Loan Officers . WIll give industry a boost

what are the most reputable loan/mortgage companies around today?

What are the benefits if I resort to a mortgage loan modification company? I just lost my job of 5 years and have a mortgage loan of which I am sure I will not be able to pay soon. I am thinking of seeking the help of a mortgage loan modification company. Would like to know the benefits since I think I can do this thing by myself. Any help will be appreciated.

in my condo they want to restrict the amont 2 be rented. is there a % that mortgage companies wont loan $? My association is trying to restrict the amount of renters. Does any mortgage companies not allow people to borrow money if the rental rate is over a percentage? If so what is the percentage that we should keep it under?

Is there any mortgage companies that loan to high risk people?

can you request your original mortgage loan company to buy back your loan if they sold it to another mortgage? my original mortgage loan company sold a part of my loan to another company that other people are experiencing trouble with; american servicing company. i don't want my loan with them. what can i do? thx for the answers. i'm picking this answer as the best b/c he told me 2 things to do. thx so much to everyone.

is it advantageous to talk to different banks/mortgage companies for options on mortgage loans? we are first time homebuyers and will be looking to get an FHA loan...is it okay to talk to, maybe like, three different places (2 banks and 1 mortgage company) to see what is available to us?...or will that hurt us?

Can you go to two different mortgage companies to apply for a loan? I'm in a dilemma here. My father works for a mortgage company. My fiance doesn't want him knowing how much is in her bank account, or how much she makes in general. She asked that we go to a bank in addition to his place. Is it normal to do that? I feel like I'd be going behind my father's back by doing this.

Which is the best source to find a loan processor job in USA as Im from India with mortgage exp? I have 2 years exp in processing loans for a company based in Virginia but had offshored it to us in India. I would love to make that as my career as that is where all your qualities would be used in the best way. Please help me !!

How do Mortgage loan officers make their money? I'm getting a mortgage loan through a mortgage company but the guy that is giving me the loan seems a little bit to excited. How much money is he making off of the loan of 170,000 and what should I look out for?

For VA Loans in Denver, which mortgage company could help me with the best rates on a home in the Denver Area? my fico is 685, and i need it soon, not much paperwork though,they complicate everything.

Trust and mortgage loan companies are:? a)chartered banks b)near banks c)banks d)none of the above

How long do it take to get a credit score for a mortgage loan.? My wife and I was trying to apply for a mortgage loan and the mortgage company said that she did'nt have a credit score. She don't have any debt or anything. Her credit history is clean. How does she go about getting a credit score as soon as possible and how many forms of credit should she apply for?

What is an FHA loan compared to other mortgage company loans.? My mortgage company is getting me an FHA loan. Why? How do I qualify for an FHA loan.?

How is the sub-prime loan debacle effecting national mortgage companies like Fannie Mae and Freddie Mac?

What is the lowest amount of money a loan mortgage will allow on a home loan? i.e. 40,000 mortgage or 140,000 mortgage. In other words I want to buy a home for 20,000 will a morgage company give a loan for that amount? Is there a based amount for mortgage companies? I live in NC area if that helps

Do you have a mortgage with GMAC, and if so, have they done anything to cause you to default on the loan? Did your mortgage company do anything illegal to make it appear that you were or are delinquent in paying your mortgage? Did they post your payment late, fail to pay your homeowner insurance, charge unwarranted late fees, sent reports to credit reporting agencies saying you were late on your payment(s). These are just a few of the tactics that a mortgage company or mortgage loan servicer might use to declare that you are in default on your loan and either foreclose or force you into bankruptcy. I am asking this question because I think I have been victimizes by my mortgage company and I need to know if I am the only person who has experienced this abusive behaivour.

How much does the Universal American Mortgage Company loan officer make?

Do Mortgage companies/loan officers use your school loans as a payment even though they are deferred? Just curious? We are planning on purchasing a home in the spring, but have school loans (40-50K). Hubby is in grad school. Anyway, It shows on his credit bureau. They are deferred because he is still a student( has a lot more to go), and so we have no payment from them. Does this hurt our chances of getting a loan or would it matter more if we had it as a payment already? They have done a DTI on us and by the looks of it, they could not have possibly added it in. So, I am hoping they dont or shouldnt because its not an open bill right now. its deferred until he finishes or quits for more than 6 months.

Whats the best mortgage company to use when having low credit? I am going to get a loan much lower then I can afford and I have no debt since I used my profit from my old house to pay all my debt off. I also qualify for a first time home buyer credit since its been 3 years since I owned a home. What big company..or even small.. should I go to pre qualify and get a pre approval from that wont charge me a million points or tons of fees and high rates for having low credit? Thanks

What do mortgage companies look for to approve a home loan? What type of qualifications do you need to be approved... ex. credit score, income, what automatically disqualifies you such as a repo???

a What is the loan to value ratio mortgage companies use to determine the loan amount for rental house? Was it 70%?

Can I add a family friend on title at closing even if they are not on the mortgage loan or purchase contract? I would like to add the friend because they are helping with half the down payment and will be living in the unpermitted cottage (which will help with the mortgage payment). However the loan company does not know that because he's in between jobs and not working right now but has a lot of cash. Would I be able to add him on title at closing? If not then should I add him later? How much will that cost me? Thank you in advance.

How long does a person have to stay in a USDA loan, before they can refinance with another mortgage company? The individual took the loan out quite awhile back, when she was a struggling single mother. Now she is making around 80K per year, and doing fine. Wants to refinance so as to consolidate debts into a low interest, low payment fixed loan. The prospective mortgage companies won't touch her existing loan due to the fact that it is a USDA loan.

How are the mortgage companies now? Are they flexible now to loan money to people? I know 4 or 5 months ago they were so strict, don't matter if you have a 700 FICO score. I heard they change guidelines again and are more flexible. Is this true?

I need to refinance my current loan and are seeking reputable mortgage companies?

Will a mortgage company refinance a loan currently in forebearance? I've got a mortgage that is in a repayment status under a forebearance plan, but they want to modify the loan and put what I currently owe on the back of the loan. I want to know if another mortgage company will refinance me with the loan currently being behind (although payments have been made as agreed through the plan). Thanks for your help!!! Stressed in GA...

Do home mortgage companies use gross earnings income for loan applications?

Do mortgage companies verify your bank statements with your bank when applying for a loan? And how long does that take? I know they verify employment, rental history, and sometimes W-2's, but I am confused about bank statements. And how long does that take? I know they verify employment, rental history, and sometimes W-2's, but I am confused about bank statements. Edit: So do they usually fax in the statements or just the VOD form? If you give them statements aren't they usually enough?

Best company value/results-wise to obtain mortgage leads is? Looking for reputable company to start a leads relationship with. Initial lead package must be affordable, as well as have the ability to tailor the potential list, example: credit score, LTV, loan amt, etc.

What happens to my mortgage loan if my mortgage company files bankruptcy? There are strong rumors that Countrywide Home Loans is about to file bankruptcy. My loan is in good standing, but I don't know how their financial troubles will affect my individual loan.

what does it mean if my mortgage company accelerates the loan? Our mortgage company gave us until January 10 to pay a certain amount of money. They said if its not paid by that date they will accelerate the loan. What exactly does that mean?

Can a mortgage company that bought my loan change me from my 30 yr fixed to an adjustable.? My loan was with Greenpoint Mortgage and I was just informed that Countrywide is now my new mortgage company My loan was for a 30 year fixed and now Country Wide told me that in February they will change my loan to an adjustable. Can they do that?

Can I get a home equity loan with a first mortgage? I am buying my first home with an FHA loan. The mortgage company I am using doesn't do a 203K loan and I would like to use money to improve the house. I was approved for $40,000 more than purchase price and only want $20K max. My credit is not perfect... I'm trying to find out the chances of being able to get a home equity loan with a first mortgage. The house is valued $277K and the loan will be for $229000. Any help would be great!

What mortgage companies give loans to homes w/ more than 20 acres ? We are looking to purchase a home in TN w/ 54 acres and have found that it is not as simple as grtting a traditional loan. Thank you for any info .

Do you think the Clintons should take part of the blame for the failure of mortgage companies? I distinctly remember questionable loans from mortgage companies becoming popular during the Clinton administration, and was mad that people were allowed to buy houses that are obviously not qualified to get loans and over inflating housing prices, so responsible people can't afford them. Now Hillary is attacking Bush for his lack of response to sub-prime mortgages. I am not claiming Bush is blameless, but asking for opinion on Clintons part on the fall out of mortgage companies going bankrupt.

What do the mortgage companies mean when they say they can not insure you house loan.? What is the danger to the homeowner? I have been in the new home for over a year now and they just now told me that they could not insure my loan. They said they made a mistake and overlooked something in my credit. I do not know what dangers I face now because of this.

is there a mortgage company that loan funds to people with bad credit? I cannot work outside the home due to my illness.We need an additional income to live. My credit is bad, but am working on making it better. I want to buy investment properties and help those just like myself. I need help in getting financed with no money down.

What type of easement is needed for a mortgage company to let me borrow a home building loan? I recently bought about 8 acres and to get to my 8 acres I must go through a gate that passes through someone elses land. The other person has 20 acres and to the south side of their land is a road that stretches the entire length from the front gate to my gate. On my warranty deed, there is no mention of this road being or having an easment. Instead there is a grandfather clause on that road and people with land behind mine use the road too. It passes through my land as well. My question is, if I wanted to get a mortgage loan to build a house, what type of easement will I have to get in order for the loan company to lend it to me. I've been told that there needs to be an easement in order to borrow money. Where can I get this easement from and do I have to involve the people infront of me in any way? Also, if I wanted to put an automatic gate in the very first entrance where the road begins, who do I have to talk to. Im willing to pay for it, can I just put it up?