Embrace the challenge of a fixer home with an FHA 203k loan – As long as there’s a good contractor or good team in place. “Realtors are not construction minded – they’re sales minded. Loan officers have financials to concentrate on. There’s not many of me.
Fannie Mae’s decision to use real estate agents as appraisers is risky – The loan officer or loan processor runs your loan file through Fannie. inspection waiver), which means Fannie is confident in the property value and you are good to go without having to pay for a.
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A Good Loan Officer is More Important than the Lender. – For example, a loan officer may be able to work out a collateral agreement in which you put up an asset to secure a loan or to act as collateral on the loan. If you fail to make your payments, the bank can then seize the asset, so the loan is less risky for them.
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Good Be To How Loan A Officer – Centralmassroundtable – Finding a good loan officer can be as simple as getting referrals from friends or real estate agents. However, it really is important to do your research because even a good loan officer may not have access to the loan program that may be best for you.
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How To Be A Good Loan Officer – Hanover Mortgages – Contents 17:10 mortgagecoach 4 155 Dummies (computer tech Critical thinking skills mortgage loan qualifying Credit score requirements. Jul 17, 2013 · Joe Parsons: A loan officer at a bank or a credit union is typically just the smiling face of the institution-the officer’s job is to accept an application that the borrower has filled out, and.
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