Sentences with phrase «said a loan officer»

I'm ashamed to say some loan officers don't mind over-charging a U.S. Veteran in order to pocket more commission for themselves.

[13:44] There's no rule that says loan officers can't cultivate their own leads to pass on to real estate agents!

Justin Pfeifer, a Denver - based RE / MAX agent, said loan officers are constantly calling and emailing to try to get his business.

Not exact matches

Sun is currently the chief credit officer at Avant, and stood out early to Goldstein at Enova by developing an alternative risk - scoring system for the company's loans, Goldstein says.

Instead, senior loan officers have authority over whether to make loans, and the company uses proprietary algorithms that look at applicants» credit history to determine their credit worthiness, SoFi said.

«Some people are not the best trivia players, but they're motivated to get help with their student loans,» said Seth Beard, Givling's chief marketing officer.

«They essentially agreed with everything I had said and then, at the final moment, a senior officer at the bank decided he had «conceptual problems» with the loan.

In Nicetown, a section of North Philadelphia where vacant, boarded - up row homes dot the landscape, the chief operating officer of the local community development corporation said she would love it if Trident's loan officers would attend one of her homebuyers clubs.

«The growth in auto loan balances and originations has been very robust,» said Donghoon Lee, Research Officer at the New York Fed.

«Use caution in how you're deducting expenses as it's the net income that's used to qualify for a mortgage, not the gross pay,» said Kevin Hardin, a senior loan officer with HomeStreet Bank.

PRIMARQ Chief Marketing Officer Sara Batterby said that the only reason that the loans that the company aims to help incubate may appear unsafe to some is because current lending standards are too strict.

«For anyone overdue on payments, the reality is... life has probably happened,» said Adam Carroll, Chief Education Officer at National Financial Educators and the creator of the student loan debt documentary Broke, Busted & Disgusted.

Be open and honest and let your loan officer go to work,» said Green.

«The loan officer said the documentation I provided wasn't enough to prove that the amount deposited in my account was received from a legitimate trade,» Cincinnati said.

«Basically, a home equity line of credit is a loan that functions like a credit card, but is secured with your home,» said Laura Mael, the public relations officer at Settlers bank.

Logan Mohtashami, senior loan officer for AMC Lending Group in Irvine, California, says in an interview that there are always «spreadsheet people» who decide whether to rent or buy a home based on tax advantages.

Talad Invoice, a lending platform initiated by a fintech startup, is expected to grow at an exponential rate this year, following two years of peer - to - peer lending using invoices as loans collateral, said Watewiboon Pumipue, chief executive officer of D90 Capital Co, which operates the financial platform.

Our loan officer said we might have to provide some additional documents during this stage, but he didn't specify what they might be.

«The rates for PMI vary according to two factors: credit score and loan - to - value ratio,» Joe Parsons, a senior loan officer with PFS Funding in Dublin, California, says.

customers and investors of the Fanteakwa Rural Bank in the Eastern Region has a shock of their lives when the Chief Executive Officer of the Bank, Hon Kwabena Amankwa Asiamah Said he loaned their investments and deposits to the flagbearer of the opposition New Patriotic Party (NPP), Nanan Addo Dankwa Akuffo - Addo.

Jennifer Trepinski, Senior Loan Officer at Corporation for Supportive Housing, said, «Webster Green will become a home for vulnerable, low - income New Yorkers who are high - utilizers of Medicaid services, providing them a safe and supportive platform from which to stabilize their health and move forward with their lives.

Sure,» said Troy Assemblyman Steve McLaughlin, a Republican and former mortgage loan officer.

The former Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC), Sedina Tamakloe Attionu, is ready to attend upon the Economic and Organized Crime Organization (EOCO) in what appears to be an investigation into her tenure at the center, her lawyers have said.

We will say farewell to jobs that can easily be routinized — like paralegals, loan officers, and cashiers.

Besides agreeing to end the cited lending practices, the bank says it will conduct annual equal - credit opportunity training to officers and employees involved in setting loan buy rates.

«Most mortgage loan officers and brokers only close one or two loans per month, so to make a living they need to make thousands of dollars in commissions on each loan they close,» he says.

«AAG's new traditional mortgage option is designed for customers who are not eligible or choose not to move forward with a reverse mortgage loan, but want to use their home equity to achieve a better retirement,» said AAG Chief Sales Officer Paul Fiore.

But, a lot of these biweekly companies approach us, as mortgage companies, or approach mortgage loan officers, and say, hey, we'll pay you a commission to sign people up for our program.

So now, the loan officer says, well, I could give them the Robert Palmer's 45 second free tutorial on how to make biweekly payments, or I can sign them up with biweeklyinternational.com and make couple hundred bucks.

A Globe and Mail report Wednesday said that Scotiabank's (TSX: BNS) internal guidelines don't require its loan officers to verify foreign clients» income sources if the down payment on a property is at least 50 per cent.

Because of their unsecured nature, personal loans differ from auto loans, which come with a lien against the vehicle, and mortgages, which are backed by the asset of the home, says Todd Nelson, business development officer with Lightstream, the San Diego - based online consumer lending division of SunTrust Bank.

The new loan results in a lower aggregate cost than the existing facility, Home Capital's Chief Financial Officer Brad Kotush said in a statement.

«We are bringing together 90 years of industry experience, including providing outstanding service to federal and private student loan borrowers, lenders, and schools,» Jeff Noordhoek, Nelnet chief executive officer, said Thursday in a press release.

Do not yell at the Loan Officer if they don't know the answer or say they can not talk to the appraiser.

More home borrowers are deciding it's better to pay for insurance instead of putting 20 % down, says Matt Johnson, loan officer at Sterling Bank in Seattle.

I can't say if every experience was like mine, but Dan (my loan officer) was great and their system for handling documents and communication is top notch.

Reader question: «My loan officer said that my application file has gone to the underwriter.

See what one of our senior loan officers had to say in a recent post in the NY Times.

my loan officer says the new limits for fha loan will be available this month and I can close.

Also find out from each loan officer what fees are government - regulated and what fees the lender prices — then haggle on the latter, says Sylvia Gutierrez, a loan officer in South Florida and author of «Mortgage Matters: Demystifying the Loan Approval Maze.&raloan officer what fees are government - regulated and what fees the lender prices — then haggle on the latter, says Sylvia Gutierrez, a loan officer in South Florida and author of «Mortgage Matters: Demystifying the Loan Approval Maze.&raloan officer in South Florida and author of «Mortgage Matters: Demystifying the Loan Approval Maze.&raLoan Approval Maze.»

«You'd be surprised how many lenders don't even know about this loan,» says Christian Durland, senior mortgage loan officer at CMG Financial in Englewood, Colorado.

Our loan officer said we might have to provide some additional documents during this stage, but he didn't specify what they might be.

If you make one full payment at the end of the year and apply it to your mortgage principal, you could knock off a few years from your loan, says Elise Leve, senior loan officer with Citizens Bank in New York City.

«They not only know whose rates may be the most competitive, but also who the better mortgage loan officers are — those who will take the time to talk you through the details of the loan you are considering,» he says.

And if you're active or retired military (or a surviving spouse of a veteran), a Veteran Affairs loan allows you to put 0 % down, says Todd Sheinin, mortgage lender and chief operating officer at New America Financial in Gaithersburg, MD..

And that can be a great option, says Bob Melone, loan officer at Radius Financial Group in Boston, provided you're happy with their service.

«It's almost time to stop thinking of online loans versus not - online loans,» said David Snitkof, chief analytics officer at Orchard Platform, a data provider.

«Usually people get seller financing when they can't qualify for typical financing,» says Heather McRae, a senior loan officer at Chicago Financial Services.

«It really allows the bank to stay true and committed to what their credit profile is and not feel the pressure [from its own retail loan officers] to go down the spectrum in terms of product diversification,» Fercho said.

But what exactly is a mortgage broker and what does one do that's different from, say, a loan officer at a bank?