Sentences with phrase «mortgage brokers told»

Because her credit cards were loaded with debt to pay for the classes, mortgage brokers told her she was ineligible for a loan, she said.

Just because a mortgage broker tells you that you qualify to purchase a home for a certain amount doesn't mean you have to spend that much.

I'm confused too... we are looking to refinance our home and our mortgage broker told us, that on a FHA loan, that the PMI will drop after 5 years, regardless of the Loan to Value ratio?

(Sometimes they explain that their mortgage broker told them to stop using their credit cards!?!) All the advice I give them is to just start using their credit cards again.....

When you apply for your loan or within three business days, RESPA requires that your lender or mortgage broker tell you in writing whether someone else may be servicing your loan.

OUr mortgage broker told us to get a detailed estimate and to find out if our current plans are permittable by our town, before we can do anything.

If your real estate agent and mortgage broker tell you that you can afford to buy that house, you trust them.

In response to your need to amend the deal, in writing, the mortgage broker tells you, «If you need to put it into writing, do it in the closing instructions or inspection resolution — anything that you don't send to me.»

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

We actually couldn't even afford the $ 2000 for the homeowner's insurance to close the deal, and our mortgage broker told us» I'm making enough off of this deal that I will loan you the $ 2000.»

My mortgage broker tells me I can get an investment loan with 25 % down at 3.75 %.

Not exact matches

Rabidoux says he works with mortgage brokers who tell him these unregulated mom - and - pop lenders grew from 4 % of their total volume in 2014 to 33 % this year: «I know people who borrowed against their homes to invest in these mortgages.

«They put their deposit down four or five years ago and then they're ready to register the unit and get a mortgage and they're walking into tough times,» a Toronto broker told industry website Mortgagebrokernews.ca last month.

It takes only a matter of minutes for our experienced brokers to tell you if you qualify for a mortgage.

A mortgage broker, who asked not to be named, told me he often beats bank pricing because «the bank model is to only be competitive if they need to be.

We were told by the mortgage broker that we could «afford» a lot bigger note than what we wanted.

Through a speedy process, our private mortgage brokers are able to tell you whether you qualify for a loan in a matter of minutes.

When you evaluate your credit report with a mortgage broker in anticipation of purchasing your own home again in the near future, you are told that according to FHA financing «rules» you are unable to qualify for FHA financing until FIVE (5) YEARS AFTER the property sells because the mortgage from the private lender was never reported to the credit bureaus (it's apparently too costly for private lenders to report).

Our private mortgage brokers can tell you within a matter of minutes if you qualify for a loan.

Ask any mortgage broker and they can tell you that there are a handful of misconceptions that the public has about working with a mortgage broker.

RESPA requires the lender or mortgage broker to tell you in writing, when you apply for a loan or within the next three business days, whether it expects that someone else will be servicing your loan (collecting your payments).

If your application is denied, ECOA requires your lender or mortgage broker to give you a statement of the specific reasons why it denied your application or tell you how you can obtain such a statement.

ECOA requires your lender or mortgage broker to tell you that you have a right to get a copy of the appraisal report.

Call mortgage brokers Chatham, Ontario for a free quote on your mortgage, we can usually tell you within minutes if you qualify for a loan.

Below are some questions that a mortgage brokers Unionville will ask you, so that they can quickly tell you if you qualify for a mortgage.

With this basic information a Woodbridge mortgage broker can tell you if you qualify for a mortgage and also give you a range for interest rates and any possible fees associated with obtaining a mortgage.

A friend told them to talk to her mortgage broker to see what real options they had.

We were also told to contact a mortgage broker, but so far the people we've been recommended to are direct mortgage lenders.

Can one of my expert Canadian friends tell me - a self directed RRSP, as in the US, can invest in a class of assets regular brokers don't handle such as businesses, real estate, notes, loans, mortgages?

However there is a problem with that since as many mortgage brokers will tell you, banks want to know the source of the funds.

(Tell your mortgage broker to use the same company he uses to pull your credit for the rapid re-score.)

I recently had a conversation with a HUD employee, I am being told: «In Texas they are taking mortgage broker fees very seriously» and they will not allow any mortgage broker fee to be charged unless it is to a non approved 3rd party.

Canada's banking regulator is still monitoring 30 - year mortgages, the head of Canada's financial regulator told a conference of mortgage brokers in Toronto on Monday.

I worked as a loan officer for a mortgage broker once, and was told that we were FHA approved.

I've talked briefly with a local mortgage broker and my credit is good and he tells me that my debt to service ratio will be fine to buy most any of the local rental properties that I am looking at.

Now my broker is telling me that I have to maintain my % down payment that I made when I first got this mortgage.

Your mortgage broker or the bank you're dealing with will tell you if your mortgage allows this.

«Anything under 680 is going to be where things get a little difficult,» Nathan Pierce, a certified residential mortgage specialist and vice president of the National Association of Mortgage Brokers (NAMB), tells Magnimortgage specialist and vice president of the National Association of Mortgage Brokers (NAMB), tells MagniMortgage Brokers (NAMB), tells MagnifyMoney.

Ahead of the US Fed interest rate rise on December 16, Canadian banks have been quietly raising the rates on new variable - rate mortgages, local mortgage broker and finance expert Peter Kinch told REW.ca November 28.

But I can tell you the result is that independent mortgage brokers — most of them — were forced out of business.

Visit a mortgage broker and tell them you're looking for a hard - money lender to take on a second mortgage.

The mortgage broker, real estate broker, and friends will tell you to buy as much as possible.

Other times, the mortgage broker who sold you the insurance told you one thing, but your policy said something completely different.

Generally, I tell people, and a lot of people don't do it, but I tell them, «If you get a good rate and term and you like the mortgage broker, then lock it in, or at least say, «I'm going to go with you.»»

I told my friend, the mortgage broker, but she was adamant that I not mention it to the buyer or seller.

«A mortgage broker in my office initially told me about this good cause.

Current mortgage rate is 3.375 % (with PMI on top of that), but my broker tells me (and research is supporting) that refinance rates are up near 4 %.

The type of insurance brokers that don't try to quote you interior coverage, or the type of mortgage brokers that don't freak out when you tell them that the house is not habitable.

I work a completely different angle than ALL the other mortgage broker do who are so far up their realtor's rear for leads that you can't tell where their realtor ends, and they begin!

Many Realtors and / or Mortgage Brokers will not tell you this information.