Archive for the ‘mortgage’ Category

Career suggestions for a veteran mortgage guy?

Wednesday, March 28th, 2012

Snow B asked: I have been a loan officer, sales manager and Wholesale rep at various times over 31 yrs. I never wrote subprime loans. With the mortgage crash, I am looking for another career. I am not really interested in insurance, financial planning or being a stockbroker. ...

How does a fixed mortgage work with property taxes increasing?

Monday, March 19th, 2012

chica24 asked: Does your monthly mortgage rate stay the same over the years while taxes keep increasing? Or does it still increase your monthly mortgage payment and end up being risky with how high it can become?Thanks!

What happens to the mortgage on a house when the couple have divorced?

Wednesday, March 14th, 2012

appendium h asked: Assuming a couple have divorced and the woman gets the house after the settlement , does the man continue to make payments for the mortgage ?

What is a good book on mortgage consulting?

Monday, March 12th, 2012

just try asked: I'm looking for a book for somebody who is taking up mortgage consulting as a career (ie they work for a mortgage broker). They are already certified but I wondered if there is a book that anybody would recommend for tips/advice on closing deals.Any suggestions?

Do mortgage lenders insist on buildings insurance when getting a mortgage on your own home?

Monday, March 12th, 2012

asked: Is this a standard requirement from mortgage lenders to insist on buildings insurance? I trust it is as in the event of a disaster they get refunded for their mortgage loan?Glade Scented Candles

How does a mortgage holder get out of PMI payments on their mortgage loan?

Thursday, March 8th, 2012

asked: Seems to me that PMI is very costly for the home owner, especially me with a perfect credit rating and new funding source to maintain a mortgage if I lose my job (my job is very secure). Please any suggestions on how to get the PMI waived by ...

Where can I learn the mortgage loan process before starting work?

Wednesday, March 7th, 2012

Discovery asked: I've accepted a positon as a mortgage loan officer and it's been several years since I've worked in this industry. I don't want to walk in cluesless but I know things have changed such as required documents to receive a Good Faith Estimate. Thanks for your ...

Can you get a mortgage allowing you to bid on a foreclosed property?

Monday, March 5th, 2012

asked: Our realtor advises that only buyers with cash in hand can buy foreclosed properties at auction. There is a technical challenge buying if you need a mortgage as you have to be in contract to be able to get the mortgage approved. Is this true or is there ...

How do you pay your mortgage or rent when you retire?

Friday, March 2nd, 2012

asked: I am 28 in the USA. I haven't got a mortgage. When I am retired and living probably in private rented accommodation, who pays the rent? Or what about if you haven't finished paying off your mortgage but have to retire? I'm planning for my future!Triple Scented Jar ...

How do you become a mortgage processor in California?

Friday, March 2nd, 2012

asked: I am trying to become a mortgage broker but i first want to get into processing the loans before i start. Are there any major companies or do you have an office of your own where it is possible to start from the ground up? I am ...