Sentences with phrase «conventional mortgage brokers»

In contrast, conventional mortgage brokers and lenders add a markup to the wholesale prices, and quote the resulting «retail prices» to customers.

Not exact matches

According to John Councilman, federal housing chairman for The National Association of Mortgage Brokers, a credit score below 740 will bring on intense scrutiny and sizable fees in the conventional lending market.

Also, it is anticipated that the secured loan market will further grow especially with the expansion of loan product offerings and an increasing acknowledgement from brokers that secured loan products are a practical alternative to the conventional mortgage products.

Step 4: Apply for a 75 % LTV conventional refinance mortgage with the mortgage broker / banker of your choice.

My mortgage broker told me I have no chance of a bank lending on a conventional mortgage with major issues like visible water leaks.

It's a conventional loan, so I think it may be tight, but the agent says that the mortgage broker isn't concerned a bit.

For an out - of - state rental I'd like to purchase with conventional financing, do I need to find a mortgage broker in the state the rental is in or can I use a broker in my home state?

The main sources of property loans are conventional or non-conventional mortgage lenders and brokers.

I spoke with a mortgage broker today who shared with me that title must be held for 6 months before I can sell a rehabbed property to a buyer who qualifies for conventional financing.