15 Must Ask Questions For Your Contractor » Mortgage Masters Group

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15 Frequently Asked Mortgage Questions. Once the loan-to-value ratio on your mortgage falls to 80%, you can ask your lender to drop them. And even without your request, lenders are required to.

Stearns continues to demonstrate our unwavering commitment to the mortgage. to reach out to your Congressional representatives about this issue.” The CFPB has updated its TILA-RESPA Integrated.

7 Things to NEVER say to a Contractor home construction loans are more complicated than a traditional mortgage loan. You need to deal with a loan officer that has a considerable amount of experience providing home construction loans to consumers. Here are four questions to ask your home construction loan officer.

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5 Must Ask Questions When Using a Mortgage Broker Not all mortgage brokers are the same. They come in all sorts of shades and stripes, and in an era of online business, even past customer reviews only go so far in suggesting what mortgage broker to work with.

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The Patch provides an exception to the 43 percent debt-to-income (DTI) ratio limit of the qualified mortgage (qm) rule for loans that are eligible for purchase or guarantee by one of the government.

The mortgage landscape is changing. As we move forward into a new year, several changes around the industry will affect you and your mortgage business. Knowing what they are, how they’ll affect your business, and what you can do to prepare for them are all key to maintaining success in the future.

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Contractor mortgages – your questions answered by Deal Direct. The market for contractor mortgages is evolving all the time. However, below are the answers to some common questions that hear all the time: Is there a minimum income criterion for contractor mortgages? This depends entirely on the lender.