Sentences with phrase «called upon lenders»
A voluntary mortgage aid plan announced by President George W. Bush last December called upon lenders to freeze the mortgage rates of some subprime borrowers for five years.
http://realtormag.realtor.org/ Not exact matches
Entrepreneurship and mentorship organizations such as SCORE and the Young Entrepreneur Council could be called upon to help prepare veterans for business ownership, easing the worries traditional lenders have with supporting vet - preneurship endeavors.
Another type of mortgage that is becoming popular is called a Lender Buydown, where the homebuyer gets an initially discounted rate and gradually increases to an agreed - upon fixed rate over a matter of three years.
Appraisers did not want to be seen as deal breakers because if so they would not be called upon for further appraisals by the lenders any more; their income stream would dry up, and that would be a no - no, so they went along for the ride and OK'd values that lenders wanted to be reflected within the appraisal documents.
There have been many instances where I have called the private lender to correct the documents his / her attorney sent that contained terms that were not agreed upon.
You are the first in a series of professionals who will be called upon to work on the transaction you have originated — mortgage agents and brokers, lenders, appraisers, property inspectors, stagers, real estate lawyers, title insurance companies, property insurance companies — even the municipality.
«In these transactions, there's no end to the assistance the HUD lender is called upon to provide.