Realtor Susan
RealtorForum Replies Created
-
So, are Democrats happy President Donald Trump is convicted of 34 counts and is facing long prison time?
-
Looks great 👍
-
Same with hot dogs. Never had New York pizza or hot dogs. Heard it is delicious. Lou Manitis Chicago Deep Dish is the best deep dish Pizza I had.
-
Silver is rallying and broke the $32.00 barrier today. Silver price per ounce is going over $50.00 per ounce in the coming days, few weeks at the latest. Silver price is forecasted to outpace gold prices. China 🇨🇳 is buying Silver bars and coins like crazy.
-
Silver is going viral folks.
-
Beautiful 😍 🤩 👌 ❣️
-
Kevin Hart is a great funny man
-
Here are two resourceful links to fact check that loan officers are allowed to be compensated by 1099.
Under these rules the IRS considers the behavioral, financial and the type of relationship between the parties to determine whether a business can classify compensation as W-2 or 1099. See http://www.irs.gov/businesses/small-businesses-self-employed. The degree of control and independence are the factors considered in this analysis. Here classification is strictly relevant to which party is responsible for remitting payroll taxes. Where a business classifies a party as a W-2 under these rules, it must submit the payroll taxes on behalf of the employee. Where a business classifies a party as a 1099 independent contractor, the contractor becomes responsible for remitting payroll taxes.
See https://www.hud.gov/sites/documents/SFH_FAQ_PREVIEW.PDF, pg. 4. Consequently, if a mortgage lender or broker is a third party sponsor it does not fall under the DE W-2 requirement.
-
The FHA Streamline Refinance is a mortgage refinance product through the Federal Housing Administration (FHA) that can help homeowners with an existing FHA loan to lower their interest rate and reduce their monthly payment. Here are some key points about it:
-
Speedy and Simplified Process: As the name suggests, an FHA Streamline is a relatively speedy and simplified process. Some borrowers are even able to skip the appraisal before closing.
-
No Need To Verify Your Income Or Credit Score: There are two types of FHA Streamline Refinance loans. The type you qualify for determines whether your lender will require income verification and a credit check.
Please note that while the FHA doesn’t require a credit check with a non-credit qualifying streamline refinance, the lender you work with might still pull your credit report. Always consult with your lender or a financial advisor for personalized advice.
-