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"The only company found in Florida that underwrites their own Mortgage loans was Chase Bank. Check with your lender because they may change their policies at any time. Also, you can contact Florida's department of financial regulation to see if this information is still accurate."
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∙ 12y ago
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How do you buy out a spouse's mortgage?
You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.
How can one qualify for the cheapest mortgage rates?
Having a good credit score is important for getting cheap mortgage rates. One can request their own credit score and show it to potential lenders; this is superior to having lenders request one's credit score, which can affect the score.
Can your mortgage lender sell you a home they own?
Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.
What is In house underwriting when dealing with home mortgages?
In House underwriting means that the lender is doing their own underwriting instead of sending it out to a 3rd party underwriter.
Why do lenders tend not to be as flexible about the qualifications required of mortgage customers as they can be for other types of bank loans why is this so?
Banks often sell mortgage loans to secondary lenders, who have their own regulations; mortgages generally run much longer and are much larger than other types of loans; if the borrower defaults on a mortgage loan, the bank may be stuck with a large asset that's hard to maintain and hard to sell.
What is lender?
Correspondent lenders are similar to mortgage bankers. They not only can decide if they will extend you a loan but they can fund it with their own money. This makes them lenders and as lenders they do not have to disclose rebates like a mortgage broker. They do have to disclose all the other costs associated with the loan.
What is a lender?
Correspondent lenders are similar to mortgage bankers. They not only can decide if they will extend you a loan but they can fund it with their own money. This makes them lenders and as lenders they do not have to disclose rebates like a mortgage broker. They do have to disclose all the other costs associated with the loan.
What is a correspondent lender?
Correspondent lenders are similar to mortgage bankers. They not only can decide if they will extend you a loan but they can fund it with their own money. This makes them lenders and as lenders they do not have to disclose rebates like a mortgage broker. They do have to disclose all the other costs associated with the loan.
How do you buy out a spouse's mortgage?
You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.
You own a home and oue 104000 dollars on the property can you carry it and sell it to a buyer?
I think what your talking about is called a wrap around mortgage and you would have to check with your mortgage bank to see if they do this.. Not all mortgage lenders do these types of loans.
How can one qualify for the cheapest mortgage rates?
Having a good credit score is important for getting cheap mortgage rates. One can request their own credit score and show it to potential lenders; this is superior to having lenders request one's credit score, which can affect the score.
What is the required timeframe for mortgage lenders to retain files for paid off mortgage loans?
The timeframe for which a mortgage lender is required to retain files for a paid off mortgage loan depends on the state that the lender is in. Each state has their own laws regarding mortgages.
Is it a good idea to get basic homeowners insurance?
Yes, if you own a home, homeowners insurance is definitely recommended, if not mandatory by some mortgage lenders.
How can you get a loan against property that you own outright with no mortgage in Florida if you are here legally from the UK but have no social security number and want to start a business?
Contact a mortgage or lending professional. You would be classified as a "foreign national." There are many lenders and programs available to you that will finance the property, allowing you to use the funds as you wish or finance the business itself.
Why should husband and wife both sign a mortgage?
Who signs a mortgage is not determined by marital status. The persons who own the property as grantees in the deed must sign the mortgage. In the case where only one owns the property some lenders require the other party to sign. In that case, by signing, a non-owner agrees to be fully responsible for paying the mortgage if the primary borrower defaults although they do not own the property.Who signs a mortgage is not determined by marital status. The persons who own the property as grantees in the deed must sign the mortgage. In the case where only one owns the property some lenders require the other party to sign. In that case, by signing, a non-owner agrees to be fully responsible for paying the mortgage if the primary borrower defaults although they do not own the property.Who signs a mortgage is not determined by marital status. The persons who own the property as grantees in the deed must sign the mortgage. In the case where only one owns the property some lenders require the other party to sign. In that case, by signing, a non-owner agrees to be fully responsible for paying the mortgage if the primary borrower defaults although they do not own the property.Who signs a mortgage is not determined by marital status. The persons who own the property as grantees in the deed must sign the mortgage. In the case where only one owns the property some lenders require the other party to sign. In that case, by signing, a non-owner agrees to be fully responsible for paying the mortgage if the primary borrower defaults although they do not own the property.
Can your mortgage lender sell you a home they own?
Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.Yes. Lenders sell homes they have taken by foreclosure or acquired by deed.
What is In house underwriting when dealing with home mortgages?
In House underwriting means that the lender is doing their own underwriting instead of sending it out to a 3rd party underwriter.
