Sentences with phrase «bank about getting mortgage»

Not exact matches

Things get more tangled as the movie goes on: Based on Michael Lewis» rightly acclaimed book, about the traders who foresaw a collapse in mortgages that would lead to a bank crisis and a nationwide financial panic in 2008, the big - screen version is a film without an audience.

If the bank won't give you the mortgage because of underwriting changes, or because something about your situation changed or because the house did not appraise for the amount you need to finance, you can get out of the contract.

Mr. Flaherty, who mused to the Financial Post editorial board last week about getting CMHC out of the mortgage insurance business, has placed the agency under the authority of the country's banking regulator, the Office of the Superintendent of Financial Institutions.

Because the rules is if you have less than a 20 % down payment and you are getting a mortgage from a federally regulated lender, so we're talking about the big banks, then you must have mortgage insurance.

If you are denied a straightforward mortgage from your favorite bank, you will need to get a little more creative about your financing if you want to wind up living in the property you want.

See what happens to Becky when her relationship breaks up and she gets a letter from her bank about falling behind on her mortgage.

What You Need to Know about Mortgage Brokers In the past, many people considered going to a mortgage broker as a last ditch possibility to get financing after they had been turned down by the majoMortgage Brokers In the past, many people considered going to a mortgage broker as a last ditch possibility to get financing after they had been turned down by the majomortgage broker as a last ditch possibility to get financing after they had been turned down by the major banks.

As mentioned above, until 2007 you really got a lot of strange answers when asking banks and brokers about investment property mortgages.

How about some general guidelines, like «Hey, if you want to be assured of getting approved for a single family, 15 % down, 30 - year mortgage — here are the specific things you need», getting really specific as far as the savings in the bank... And you can use a hypothetical example — say you're buying a $ 100,000 property.

You go through the whole process of getting approved, and then the bank basically turns around and says, «well, we're a little nervous about all this debt (the loan), so you need to pay for private mortgage insurance, in case you default.»

We often get questions about the different mortgage origination channels: (1) Commercial Banks; (2) Mortgage Banks; and (3) mortgage origination channels: (1) Commercial Banks; (2) Mortgage Banks; and (3) Mortgage Banks; and (3) Brokers.

I've been getting a lot of questions about these mortgage rates, regarding rates from both banks and private lenders; so let's start off by taking a look at Nominal Rates:

You can get more details about VA loans at banks, mortgage brokers, large mortgage lenders or credit unions.