Sentences with phrase «mortgage loan candidates»
Counseling: The federal government mandates that all reverse mortgage loan candidates must meet with an unbiased HUD - approved counselor before completing a reverse mortgage application to ensure that all borrower (s) have all the information they need to make the right decision before entering the loan; this is to protect the borrower.
https://www.americanadvisorsgroup.com/ Not exact matches
«If you have a $ 200,000 mortgage on a house worth $ 250,000, and you have $ 200,000 in student loans, the bank may not see you as a good candidate for a loan,» Hoeksema says.
Berkshire Hathaway's «lenders have constantly focused on improving access to mortgage loans in minority communities,» the statement said, adding that the companies «actively recruit diverse candidates and are committed to cultivating a diverse workforce.»
A recent article by Washington Post syndicated columnist Ken Harney described the ideal candidate for a 10 - year loan: mid-50s to early 60s with good credit, decent income, significant home equity who wants to pay off their mortgage before or near their retirement date.
This proves to the private lenders who make VA loans that a prospective homebuyer has been approved and is a legitimate candidate for a mortgage.
Your credit score is a measurement that indicates whether you're a good candidate for a mortgage, a loan or a credit card.
One popular idea is that these candidates are prioritizing other debt over student loans; for instance, a credit card bill or mortgage seems more pertinent than a student loan, especially with the student loan forgiveness buzz from the election.
The common practice of requiring a co-signer on large loans does not say anything negative about you personally; it simply means that you are a good candidate for a mortgage, but your lender needs more assurance that they have a safety net in case a situation should arise where you are unable, for some reason, to make payments.
The simplest way to explain it is this: The ideal VA loan candidate will have at least two years of consistent, continuing income that is sufficient to cover a mortgage payment.
As a result, lenders continue to be misled into treating loan applicants with poor credit as prime - credit candidates — worsening already critical fraud and delinquency problems in the mortgage market.
They examine your income, assets, debt, employment history and credit record to decide what kind of candidate you are for a mortgage loan.
But at the same time, your mortgage payments have to be more than 31 percent of your income, meaning you are pressing up against the limit of what a likely candidate for refinancing looks like, assuming you have other debts, like a car loan or credit - card bills.
As a result, lenders continue to be misled into treating loan applicants with poor credit as prime - credit candidates - worsening already critical fraud and delinquency problems in the mortgage market.
The ideal candidate will possess basic knowledge of residential mortgage loan, bond and / or servicing rights information and loan files, sophisticated data analysis and data...
Candidate with excellent interpersonal skills, vast expertise in mortgage loans and money management, seeks to work as a housing counselor for a reputed agency.
Sample resumes of Mortgage Closers show that no degree is required, and that most employers look for candidates who possess a high school diploma or its equivalent, along with prior experience with loans, mortgages or banking.
Realities: The Wall Street and mortgage loan debacle The resultant loss of faith in our economic system and negative stock market reactions The «pucker factor» experienced by many employers and potential candidates about an unsure future.
A resume of a candidate applying for a Mortgage Loan Originator position must be written according to needs and wants of prospective organization.
This resume was written by a ResumeMyCareer professional resume writer, and demonstrates how a resume for a Mortgage Loan Review Specialist Candidate should be properly created.
This resume was written by a ResumeMyCareer professional resume writer, and demonstrates how a resume for a Mortgage Loan Processing Candidate should be properly created.
At the national level, that would mean supporting candidates who would fight reductions in the MID, the 20 percent down payment requirement, the loss of a government - backed secondary mortgage market, and reductions in FHA and conforming loan limits.
If you have three to five months» worth of mortgage payments set aside, you're a much better loan candidate.
When CEO Keith Volgman made the decision a year ago to expand his loan origination business, NorthPoint Capital, the Chicago - based mortgage banking operation began the search for the ideal candidate to spearhead that effort.
They are saying that borrowers who are current and pay all of their bills on time, their car payments on time and any other loans on time but that have defaulted on their mortgages are some of the «most attractive» candidates for the new loans.