Sentences with phrase «n't spoken to a lender»

If you were an agent, would you spend hours out of your day to help someone who hadn't spoken to a lender yet?
If you are early on in the process, and you haven't spoken to your lender or «loan servicer» yet, now is the time to do it.
If you were an agent, would you spend hours out of your day to help someone who hadn't spoken to a lender yet?
If you are early on in the process, and you haven't spoken to your lender or «loan servicer» yet, now is the time to do it.

Not exact matches

Mark - I spoke with some guys I know in that industry and they feel that i won't be able to come up with the proper capitalization without a private lender.
Generally speaking, if your business can demonstrate an ability to make the periodic payments, you haven't declared bankruptcy in the last 12 - 24 months, and are current with your personal debt obligations, you may be able to qualify for a micro-loan from a non-profit lender even if you have a less - than - perfect personal credit score.
To find out what your lender offers and whether or not you qualify, you'll have to speak directly with your lendeTo find out what your lender offers and whether or not you qualify, you'll have to speak directly with your lendeto speak directly with your lender.
But because most small businesses don't have much of a business credit history to speak of, the owner's personal credit is the most reliable insight a lender can get into how the business will handle its debts.
If you have spoken with your lender and they will not permit a loan modification, they are required to submit your loan for HAMP loan modification evaluation.
I was not told by my realtor or lenders I spoke prior to signing the new contract about this issue.
If you have prequalified for an FHA mortgage or been pre-approved (there is no standard definition of either term) and not yet bought a home you might want to speak with your lender once again.
While this quote does not provide direct guidance on the subject of debt forgiveness, it does speak to an important point about the terms that many lenders impose upon borrowers.
Do not be afraid to call the lender and ask to speak to a representative about the details of their business and / or your auto loan.
Speaking to a lender is usually necessary at some point and is not a bad thing.
While generally speaking, seeking personal loans with bad credit from traditional lenders, like banks, is not recommended, there are some advantages to it.
Would you turn down a qualified buyer for someone who hadn't even spoken to a lender yet?
I recently spoke at a Foreclosure Education Summit and had the opportunity to speak with a representative from HUD who informed me she wouldn't be surprised if lenders increased the minimum to a 680 Fico before years end!
If you are not happy with your lender's response, you can speak to their internal complaints section.
I spoke with a lender who does this program (because not all lenders do — you have to work with a participating lender) and she told me the household income is verified by you supplying the last three years of tax returns.
Your lender will stipulate if you're able to finance your closing costs or not, so be sure to speak with your lender well in advance if you want to pursue this option.
In fact, many of the people I've spoken to by email are surprised to learn that the rates advertised on a lender's website don't apply to everyone across the board.
Generally speaking, private lenders are not as forgiving as the federal government when it comes to repayment options.
Generally speaking, lenders that want to create QM - compliant home loans must ensure that «the borrower's total debt - to - income ratio is not higher than 43 percent» (source: CFPB fact sheet).
So many graduates are convinced that they aren't eligible to refinance their student loans — even though they've never researched their options or spoken with a lender.
«After speaking to the buyers at length, I put the sellers, lender, and title company on notice that there was a good chance this deal wasn't going to close,» she adds.
(As mentioned above, HML / Lender on Fix / Flips that can answer questions on various types of loans, criteria you look for, etc. in general, not specific to any one deal, Maybe an accountant or tax attorney to speak on how it relates to various real estate transactions, Someone on IRAs used for investing in real estate, the limitiations, how it's done, etc., Tax deffered exchanges (@Karen T.), etc..
When you can talk directly to the other agent, when you can speak with the other party's lender, appraiser, inspector, etc., you don't have to rely on someone else to communicate for you, you don't have to rely on someone else to negotiate for you and you don't have to wonder if the information you're getting is real, watered down or even incorrect.
The first lender I spoke with was qualified to issue the loan, but didn't have any clients that actually used the loan, therefore they lacked the experience with the process... it was very noticeable when I asked a few basic questions and he would say «I'll have to get an answer on that and call you back»....
If you are speaking to a mortgage lender / loan officer about mortgage rates, and they don't offer you multiple rate options and show you the cost or credit for the different rates available, then you may be speaking to the wrong person.
You aren't obligated to use them after the pre-approval is done but after you speak with this pro you will understand why nearly 100 % of our clients opt to finance their investment properties with this Lender.
Other lenders are not allowed in the office to speak.
Speaking of mortgage insurance, many lenders require you to have private mortgage insurance (PMI) if you can't put 20 % down on your home.
You can show specific plans, stats, proforma accounting, projections, financial statements, contracts and basically «the deal» but I don't even allow any money folks to speak of themselves as investors in my deals, they are lenders, owners, partners, or something else.
After doing my research, speaking to other investors, an attorney, and a lender, I decided that it wasn't worth the time, money, or complications for me to transfer my properties into an LLC.
If the person you speak with does not understand what you are asking, you can ask to be referred to one of the following departments (different lenders have different names for these departments):
They never spoke of «drawbacks» but if you have financed property then the lender may not want to play along with your planning.
Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact of higher oil prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.
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