Sentences with phrase «by loan officers»

I'm not sure why more buyers aren't being told by their loan officers about all of the good options available to them....

Built for the enterprise, endorsed by Loan Officers.

A: No, when you apply online, the application process is very fast, when you submit your information, it is received by a loan officer immediately.

The CFPB stated that higher interest rates on loans closed by the loan officer during the quarter resulted in a higher quarterly bonus for that loan officer.

The Loan Officer Assistant position ensures the timely and accurate packaging of all loans originated by our loan officers; gather information and take each file from pre-approval to closing; input proper loan information into the system for processing; en...

Borrowers who are discharged veterans can obtain the certificate of eligibility by signing a request form provided by their loan officer, and presenting a copy of the DD214 papers.

«We need to be cautious, and I think one of the best things we can do when talking to a prospective buyer is asking them to be preapproved by a loan officer.

At this time, the CFPB is not prohibiting payments to and receipt of payments by loan officers when a consumer pays upfront points or fees in the mortgage transaction.

Institutions argue that a credit score is superior to the previous method of evaluation by a loan officer because the loan officer was given too much discretion, which gave rise to problems such as bias.

The counselor is a nonbiased, HUD - approved third party who should be able to answer all questions that have not been previously answered by your loan officer.

Within two business days, you will be contacted by a loan officer and notified regarding your eligibility.

In the pre-approval process, the same information requested by the loan officer during a pre-qualification is requested but with verification this time.

Underwriting is the process of scrutinizing a loan application to assess the accuracy of the data entered into the automated underwriting system by the loan officer, and therefore the risk of the applicant.

Improve Your Creditworthiness This may well be the single most important criterion used by loan officers.

In a multimillion - dollar settlement in January with national lender Prospect Mortgage over alleged violations of the anti-kickback law, the CFPB tipped its hand: It cited payments made by loan officers to subsidize realty agents» advertising costs on an unnamed online site that was widely understood to be Zillow.

● Payments to brokers for hot «leads» — names, addresses, phone numbers — of prospective buyers who would then be solicited by loan officers.

All other costs — origination charges, title charges, escrow population — must be either (1) Paid by the borrower as cash at closing, or (2) Credited by the loan officer in full.

By the time you are making an offer you should have already been pre-qualified by a loan officer, so you or your real estate agent can ask how much the lender's non-allowable fees will be.

Take the time to learn about all your homebuyer assistance options and find out which one will benefit you the most by a loan officer who specializes in and embraces these specialty loan programs.

AARP's claim, which in my view has very little credence, is that the seniors who had left their spouses out of HECMs did not make an informed choice, but were deceived by the loan officers and mortgage brokers with whom they dealt.

«Ross had tried to get a legitimate mortgage in another neighborhood, but was told by a loan officer that there was no financing available.

Loan processor — An person within the lending institution who is responsible for accurately packaging loans that have been originated by loan officers.

Good Faith Estimate --(GFE)-- an estimate of your mortgage's closing costs; provided by your Loan Officer.

«If a person is willing to be preapproved by a loan officer, they are probably serious about buying a house.»

Whether quoted to you by a loan officer or a broker, the price of any loan may contain overages.

Whether quoted to you by a loan officer or a broker, the price of any loan may contain overages.