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Peter
Loan OfficerForum Discussions Started
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All Discussions
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What is PROJECT 2025? It’s all over the news. Is Project 2025, Donald Trump Creation? What does the Republicans have to do with Project 2025? Why are the Democrats and Kamala Harris criticizing Trump for Project 2025. What ate the basis and main points of Project 2025. Trump is denying he has anything to do with Project 2025. Who was the founder of Project 2025.
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How Do Lenders View a 30-Day Rolling Day Late Payment on Credit Report? Do they count is as a one time late payment or a late payment every month? Can I get a mortgage with a 30-day late payment? How bad is a 30-day late payment? What is a rolling 30-day late? How do you explain late payments to a lender? How long does it take to recover from a 30 day late mortgage payment? How bad does one 30 day late payment affect credit score? How long does it take to bounce back from a 30 day late payment? How to get a 30 day late payment removed? How long does it take to repair credit after late payments? How long will one 30-day late payment affect credit score? How many points does a 30-day late take off? How long does it take your credit score to recover from a late mortgage payment?
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Is 120 Day Late On Mortgage Payments Considered Foreclosure? How many late mortgage payments before foreclosure? What are the exceptions to the 120-day foreclosure rule? What does 120 days delinquent mean? What is the 120-day default period for mortgage? How far can you get behind on mortgage payments? How long can you go without paying your mortgage? What happens if you are 3 months behind on your mortgage? Can a bank foreclose if you make partial payments?
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What is the correlation between house prices and interest rates. Is the time right to refinance when rates are high, inflation is high, and home prices are at all time high? Is It Good Interest Rates Are Rising? Is it a good idea to refinance at a higher interest rate? Is it a good idea to refinance a house right now? At what point does it make sense to refinance? Is it a good time to buy a house when inflation is high? What is the relationship between interest rates and home prices? Is it better to buy a house when interest rates are high? What is the interest rate forecast for the next 5 years? What’s a good mortgage interest rate?
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This discussion was modified 5 months, 3 weeks ago by
Peter.
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This discussion was modified 5 months, 3 weeks ago by
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How much reserves do you need on a home purchase? What is the maximum debt-to-income ratio you can have for a home purchase? Also, regarding student loans do you go by IBR income based repayment plans and what’s on the credit report payment reported monthly. Was the maximum loan amount you can have on a home purchase? How much money should you have saved before buying house? Is $5,000 enough to buy a house? How much income do you need to buy a $200 000 house?
Is 50K enough to buy a house? How much money should you have saved before buying house? How much should I spend on my first house? Is $5,000 enough to buy a house? How much should I invest in my first house?
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How much money should you have after closing on a house? How much should I have saved to put down on a house? What happens if you don t have enough money for a down payment? How much money should you have leftover after a down payment? How much money should i have saved if I am not planning on any money down and lender or seller credit for all of closing costs?
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This discussion was modified 5 months, 3 weeks ago by
Peter.
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This discussion was modified 5 months, 3 weeks ago by
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How does an underwriter calculate rental income? How is rental income calculated for debt-to-income ratio? Do leases count towards debt-to-income ratio? Do mortgage lenders consider future income? Do banks consider rental income for a mortgage? Can I use future Airbnb income to qualify for mortgage? What is projected rental income? Can I use future income to qualify for a loan? Can you use future rental income to qualify for FHA? How to calculate rental income? Does FHA allow future income? Can future rental income be used to qualify for a mortgage? How do underwriters verify rental income? Can income from a rental property be used as qualifying income? What is included in debt-to-income ratio for mortgage? What is the maximum DTI for investment property? What is the formula for debt ratio in real estate? How do mortgage underwriters calculate on future rental income as qualified income on debt to income ratios calculations?
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This discussion was modified 5 months, 3 weeks ago by
Gustan Cho.
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This discussion was modified 5 months, 3 weeks ago by
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How can I get approved for a condominium mortgage loan? How does condominium mortgage loan work? How can I get a loan of approximately $60-65,000 on a condo in Florida with high DTI but excellent credit, 20% down (purchase of $75000). A mortgage lender denied me, waiting for denial letter.
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How far back do mortgage underwriters need to see child support payment history? How do underwriters review child support payment history and how many months of child support payment history is required? What are the agency mortgage guidelines on child support payment history on HUD, VA, USDA, FANNIE MAE, AND FREDDIE MAE AS WELL AS JUMBO AND NON-QM LOANS?
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HOW TO WRITE A SAMPLE LETTER OF EXPLANATION FOR MORTGAGE UNDERWRITERS? WHAT ARE THE STEP BY STEP INSTRUCTIONS ON HOW TO WRITE A LETTER TO MORTGAGE UNDERWRITERS?
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Can an unsecured signature loan acquired 30 days before applying for home loan hurt my chances?
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Can an unpaid medical bill that just went in to collections cause you to be declined for your FHA mortgage?
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Can a gift of equity cover not just down payment/closing costs, but paying off an auto loan at closing to get my son’s DTI to qualify?
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Can I get a mortgage for TWO single-family homes ONE year after chapter 13 discharge with 20% down and 733 credit score?
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Can I get approved for a VA loan with two suspended payments approved by the Trustee, almost one year into Chap 13?
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Can i get MLO licensed in TEXAS if i have collection in my credit report and a letter saying well fargo is suing me?
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Do all states or counties in states require permits on Accessory Dwelling Units often referred to as ADUs? I like to put an accessory dwelling unit for additional rental income due to bidenomics and the out of control inflation and cost of living.
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What is domain authority, domain ranking, and spam score? What do you need to look out for when you are starting a brand new website? I heard that you need to check the URL, its history, domain authority and ranking, and the URLs spam score. Can you please explain?
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NMLS distance from mortgage company brick and mortgage location to personal residency requirements on individual states.
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This discussion was modified 1 month, 1 week ago by
Sapna Sharma.
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This discussion was modified 1 month, 1 week ago by
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Tucker Carlson interviews Russian President Vladimir Putin. A must see video
https://www.facebook.com/share/TEGddzxrJoVv4Tcu/?mibextid=21zICX
facebook.com
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TᑌCKEᖇ CᗩᖇᒪSΘᑎ 2/9/24 ᖴᑌᒪᒪ HD
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If you are a loan officer, how do you start your own mortgage net branch and operate under a P and L. What type of requirements is necessary to have your own business as a P and L mortgage net branch? @Bill Burg
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Polls show that former President Barack Obama was the worst President in the history of the United States. Barack Obama was not just the most incompetent President but a corrupt President where he overlooked corruption of his vice president Joe Biden and other members of his party.
wsj.com
Poll Ranks Obama 'Worst' President Since WWII
A new Quinnipiac University survey of 1,446 adults finds 33% of respondents ranked Barack Obama as the worst president since WWII. Tim Malloy, Quinnipiac University assistant director, joins the News Hub with Sara Murray. Photo: Getty Images.
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What diet would you recommend to lose weight? Fruits, vegetables, salads, fish, nuts, or non-meat products? What type of exercise would be effective to burn calories and fat for someone with a heavy workload? Is there a simple workout program for adults or those who are older. I know the older you get the harder it is to lose weight. What triggers metabolism and not too difficult for people with a heavy appetite.