Commercial Mortgage Lender Bailey
Commercial Mortgage LenderForum Replies Created
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Fun times at Burger-King Manila Philippines 🇵🇭 with Senor Hamburguesa
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As a 1099 wage earner, you can not be told what or what not to do by a supervisor such as mandatory hours worked or mandatory meetings, or to abide by company policies.
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As a remote mortgage loan officer, your primary responsibilities would include originating and processing mortgage loans for clients from a remote location. This involves evaluating applicants’ financial information, credit, and property evaluations to determine loan feasibility. The work encompasses maintaining compliance with banking and regulatory requirements, and effectively using technology to communicate with clients, underwriters, and other stakeholders. Additionally, effective marketing and building relationships with real estate agents and other partners are crucial for generating leads and expanding business opportunities. Effective marketing strategies, including utilizing social media and maintaining a personal website, play a vital role in success as a remote mortgage loan officer (GCAMortgage).
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Great oldie. 👍
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Sounds like a great plan to me.
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What can I tell you. Chris Christy loves food. The big guy loves to eat
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The mortgage loan origination industry is BRUTAL. HIGH RATES, HIGH HOME PRICES, SKYROCKETING INFLATION, OUT OF CONTROL COSTS OF GOODS AND SERVICES mean severe competition as a mortgage loan originator. Many mortgage loan originators cannot take it and continue to leave the mortgage business in droves. More mortgage companies are closing their doors like never before.
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Mega Realtors doing over $2 Billion of annual revenue are not part of the settlement but need to pay the higher dues.
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The main difference between a car purchase and an auto lease lies in the ownership and long-term costs associated with each option:
Car Purchase:
Ownership: When you purchase a car, you own it outright after making all the payments.
Financing: You typically finance the purchase through a loan and pay it off over several years (usually 3-7 years).
Equity: As you pay down the loan, you build equity in the vehicle, which you can cash out by selling or trading it in.
Unlimited Mileage: There are no mileage restrictions when you own the car.
Long-term Costs: After the loan is paid off, you only have to cover maintenance, insurance, and operating costs.
Auto Lease:
Ownership: You don’t own the car; instead, you pay to use it for a predetermined period (usually 2-4 years).
Leasing Payments: You make monthly lease payments, which are generally lower than loan payments for the same car.
No Equity: At the end of the lease, you have no ownership or equity in the vehicle.
Mileage Limits: Most leases come with annual mileage limits (e.g., 10,000-15,000 miles), and you pay extra for exceeding them.
Long-term Costs: After the lease ends, you either return the car or purchase it at a predetermined residual value. You then have to start a new lease or purchase a different vehicle.
Wear and Tear: You may have to pay fees for excessive wear and tear when returning the leased car.
In summary, a car purchase gives you ownership and equity but higher upfront and long-term costs, while an auto lease provides lower monthly payments but no ownership, mileage restrictions, and additional fees or costs at the end of the lease term.
The best choice depends on your driving habits, budget, and personal preferences regarding ownership and long-term costs.
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This reply was modified 1 year, 1 month ago by
Gustan Cho.
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This reply was modified 3 months, 1 week ago by
Sapna Sharma.
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This reply was modified 1 year, 1 month ago by