Private lenders may have the registered mortgage but they can not recoup
before initial lenders have been compensated.
Working
with initial lenders proved unsuccessful and Albritton became discouraged by poor customer service and communication.
The logical first place to start when seeking a bad credit mortgage refinance would be
your initial lender, the one who now holds the mortgage.
You will have to be approved by
the initial lender to assume the mortgage.
You will need to be approved by
the initial lender to assume the mortgage.
You will have to be approved by
the initial lender to presume the mortgage.
Since private lenders are not eligible for government provided mortgage insurance many charge
an initial lender fee to compensate for the risk associated with private mortgages.
You will need to be approved by
the initial lender to presume the mortgage.
There is a clause in the mortgage act that dictates that
initial lenders be paid before the private mortgage lenders can claim their cut.
If something isn't being stated correctly, ask the credit report agency to change it, and confirm it with
the initial lender.
Renowned finance magazine, Fortune Magazine, featured Excelsior Growth Fund as one of
the initial lenders who will have access to the Contract Financing Loan Fund.
Because private lenders do not qualify for government provided mortgage insurance, borrowers are required to pay
an initial lender fee to compensate risk associated with private mortgages.
As one of
the initial lender services sites of Green Leaf Loan Group, Speedy Payday Cash provides cash advance payday loans and and eventually other financial products to consumers in a responsible manner.
A: If the client or customer has made a legal commitment to do business with
the initial lender, the REALTOR ® making the referral should be careful not to interfere in an existing business arrangement.