Question by KEVIN Z: How do I build a successful career as a good mortgage loan officer in a down housing market?
I have recently become a mortgage loan officer in the DFW area. There is not a lot of experience in my office. Any advice where I can get assistance to survive this market? I would be happy to learn how to close at least one loan per month then build from there. Thanks for your assistance.
Best answer:
Answer by Dionannan
Bad timing.
As I understand the housing market is down and still falling.
Keep working at it and continue studying. The market will rise – When ………….. Watch the experts.
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Some cool condominium images:
Neon Lighted Condominium At Kota Kinabalu, viagra buy Malaysia
Image by thienzieyung
I was very surprised when I initial spotted this the night ahead of – Alam Damai Condominium lighted up with new neon lights at the top. For every single block, online there are four main sources of neon lights placed facing each other on the "L" shaped ‘pillar’ at the top rated. These lights modify colour repeatedly, but largely stays purple. It can adjust from orange and even to green. These lights are most likely only noticeable from places south of the condominium. That is, locations such as Luyang, Lido, Karamunsing. Areas such as Likas and Menggatal may not be capable to see it. The condominium genuinely kicks ass at night as these are possibly the first buildings to have such night lighting in Sabah. The windows are nevertheless dark the blocks are nonetheless unoccupied as of now. Photo taken at the shops along Kolam Road.
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Question by Anna H: How can a student with several loans get approved for a home loan?
I am currently a student with several student loans out in my name. I have a good credit score but am only able to work part time due to school. I make enough money to cover monthly rent with my boyfriend. We want to get into a house but I fear my loans and low income will make it difficult if not impossible for us.
Best answer:
Answer by Judy
Please follow 2 things:
1. Try your best to put 20% so you don’t pay that nasty PMI.
It is not tax deductible, viagra 60mg and does not apply towards interest or principal. Like throwing away thousands a year.
2. Don’t let the banks bully you into any mortgage that has the words “variable or indexed” interest rates. Stick to 15 or 30 year fixed.
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Mortgage Rates: Low Mortgage Rates On Hold As December FOMC Begins
While lender overlays and restrictions can make it difficult for some borrowers to obtain a HARP 2.0 loan, pilule there is an easier way to find HARP lenders who will assist and work with borrowers. For this purpose, cheapest the online form is available for … For …
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IndyMac Back in the News; First Time Homebuyer Comments; Ocwen's…
Starting December 10th, the FHA will accept manual delivery of credit scores and will be adding a field to the Connection Insurance Application in order to differentiate between Credit-Qualifying and Non-Credit Qualifying Streamline refinances. The …
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Mortgage Rates : FHA, VA, Conforming Rates Ease Lower Monday
he Fannie Mae (FNMA) 3.0% coupon closed +3/32 to 105.05. Fannie Mae bonds are tied to conforming mortgage rates and conforming loan programs such as the HARP refinance for underwater homeowners. The Ginnie Mae (GNMA) 3.0% 30-year coupon made larger …
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Question by Cj: Can I take an equity cash back refinance loan or home equity loan, cialis 40mg lease it, no rx then buy new?
Is there anyway to refinance my existing 6 year FHA home loan or do a home equity loan, visit then lease purchase the home and then buy a new home with down payment from the proceeds from the old home’s new financing?
Best answer:
Answer by loanmasterone
A very good thought. A few years ago this would have worked out perfectly.
Why would you want to lease purchase your existing home. You should use this a rental, an income producing property.
If you purchased your house 5-6 years ago, I doubt if you have sufficient equity to refinance at this time or get an equity loan. In most cases property has depreciated in value over the past few years, as oppose to appreciating in value.
To make sure you have sufficient equity you might consider speaking with an appraiser about the possible value of your property.
Keep in mind that a lender would only lend you about 80% of the value of your property. You would then have to pay fees and loan cost. If you have a current mortgage loan the balance of this mortgage loan would be part of the 80%.
You might consider joining a local real estate investment group. This group does exactly what you would want to do, only using different techniques, however, obtaining the same results,income property. This group might be able to help with the value of your property.
I hope this has been of some benefit to you, good luck.
“FIGHT ON”
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