Wholesale Mortgage Lender John
Wholesale Mortgage LenderForum Replies Created
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A refinance occurs when the terms of an existing loan, such as interest rates, payment schedules, or other terms, are revised. Borrowers tend to refinance when interest rates fall. Refinancing involves the re-evaluation of a person or business’s credit and repayment status.
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A mortgage broker is a financial intermediary who matches home borrowers with potential lenders in order to obtain the best possible mortgage
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Working with someone you cannot trust is the number one thing I have found.
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I here this place is great and want to go there soon. My favorite place for sushi in Chicago is BOKA. Not cheap but it’s worth the price.
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I’ve been posting a lot of good information on VAS IRRL”S, Take a look and ask anything you need help with
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Anyone in a VA or FHA loans can refinance as long as the there are no lates on the MTG with no appraisal, job, assets. They just do a MTG only which means you can have late payments on liabilities, judgements and collections that do not need to be satisfied. For streamlines FHA and IRRl’S you cannot take cash out. You can role costs into a Irrl but not FHA.