Sentences with phrase «loan docs»
"Loan docs" is an abbreviation for loan documents. It refers to the paperwork or legal documents that are involved in the process of taking out a loan. These documents usually include an agreement that outlines the terms and conditions of the loan, such as the amount borrowed, interest rates, and repayment terms. Full definition
Nobody forced anybody to sign loan docs for ridiculous ARMs that would jeopardize a person's finances.
biggerpockets.com
(Lieing on loan docs is a crime in most all states.)
I also am a victim of this sceme as my loan was sold 3 times and now Citi Mortgage has it and the original loan docs do not match what they have.
Your final loan docs need to be signed with a notary.
If your request meets our basic requirements, we may ask you for additional information, and we will begin title work, visit the property to conduct our own appraisal, and begin drawing loan docs.
All the closing costs were a mystery to me, and my loan officer or Realtor had to explain each expense every single time I saw them in updated loan docs.»
Worked with a clear understanding of developing HUDs, REO and Short Sale transactions, packaging loan docs, balancing files and disbursements.
from the transaction process by ensuring loan docs and disclosures are delivered well before the closing.
But most borrowers probably wouldn't sign loan docs and then rescind just to get those fees reimbursed.
And if the Foreclosure Investigator would report misrepresentation on the original loan docs, that would mean that a lot of people who are in foreclosure would want to avoid this investigator at all costs.
We have had numerous attempts at closing on our house (we've even signed the final loan docs) just to have Countrywide come back and fight yet again.
If your request meets our basic requirements, we may ask you for additional information, and we will begin title work, visit the property to conduct our own appraisal, and begin drawing loan docs.
This loan doc looks mighty darn funny...
LAWYER: I'll take a look at your loan docs for you, but the odds are you have personally guaranteed the mortgage.
As we were signing the loan docs on Friday, it reminded us just how detailed and regulated your business is.
If she's on the loan docs she will take a hit on the credit.
The good news is that your credit score will unaffected if you aren't on any of the loan docs.
There are generally two ways to get out — by canceling and possibly having to eat any upfront fees, such as appraisal, or rescinding, which requires signing loan docs and then exercising your RoR.
Credit scores work on the loan docs.
Additionally, we are doing this prior to signing any loan docs.
When this property is foreclosed on, will they pick up her name from the loan docs and (a) list her in the foreclosure process and (b) will it impact her credit?
Loan docs are signed electronically and they do card printing in branches.
After we signed our loan docs, we put in our notice for our apartment and it has already been re-rented as of 12/1.
Lenders refer to these as «loan docs.»
The bankers will immediately dive into riskier loans, and look to work that amazing multiplier effect as quickly as their greedy little paws can robo - sign loan docs.
And there is no way to know the actual rate without seeing the loan docs.
But then they'll use a tax mailing address that's easy to track or personally sign a loan doc that gets recorded.
Check your loan docs and there will be a breakdown of payments through the years of the loan.
You may be able to buy the loan docs from the lender through the servicer for less than what the property is worth.
Legal fees should be within $ 250 - 500 for loan docs.
But I would certainly want to have a look at the loan docs where your project was pledged as collateral.
Escrow will prep your loan docs for signing and provide an updated statement showing the amount due at closing.
After you sign your loan docs, escrow prepares your «funding package» with signed documents to be returned to our Funding Department.
The floating rate spreads are locked for 5 years and the loan docs are pre-negotiated, making access to funds reliable and quick.
Anyone here that's ever created their own amortization table, and tried to compare it to their institutional mortgage statement each month and track the amortization (or compare it to the amortization table in your loan docs), will be able to attest to it not being so straightforward as everyone thinks.
If you are going to need financing, you are probably going to have to get your wife involved with the loan docs.