Archive for August, 2008

How do i find a job as a mortgage loan officer without any mortgage experience?

dre_gh asked: I currently work in a distribution center, and i have a bachelors in economics and psychology. I am interested in becoming a mortgage loan officer so i took a 24 credit hour course in residential mortgage lending but unfortunately i haven’t been able to find a job because i do not have any [...]


How close to good faith estimate will my home loan be?

Annie asked: I’m just about to sign on my first home loan but want to know how close to good faith estimate will my loan be? I don’t want to pay much more than what I was quoted. The loan agent at the mortgage company (referred by builder) has told me that the [...]


What do you all think about a commission only Mortgage Loan Officer position in Virginia?

mrsb2u asked: I have been offered a position with a company as a Mortgage Loan Officer. The training is not paid – the commission is 25 percent and there is Marketing dept in house that provided leads and completed the applications for the Loan Officers. How do you feel about the commission rate? If the [...]


How do I find a guaranteed home loan for bad credit with no down payment and amount of loan not limited?

nikki asked: I am trying to find a home loan that I can get that is guaranteed for bad credit regardless of income, no money down payment and amount of home purchase is not limited.. We started into this home with a land contract. We put all of our money into it and now they [...]


Can a conventional home mortgage loan be refinanced using FHA?

KEVIN Z asked: I know that if a person already has an FHA loan, they may refinance using the FHA Streamline process. If a person currently has a conventional mortgage loan, can they refinance using FHA? If posible, can you please provide me the resource where I can read this information. Only if that’s not [...]


How do mortgage companies determine which credit score to use?

Melissa T asked: With the three credit scores being different, which do they use to determine you qualification for a mortgage? Or do they simply average all three scores. My husband has two scores at around 540 and his transunion is at 605. What are his chances?


How can I get a mortgage if I have credit score under 400?

LadyCatherine asked: Most of the mortgage companys I have tryed will not give me a mortgage because I have a credit score under 400. They say they will not help anyone with out having a credit score over 500.
I have a fourclouser on my credit and a really old credit card bill that [...]


Recent quotes do not show up on Yahoo Finance home page?

CD asked: My recent quotes box on the right side of the Finance home page does not display any quotes that I have recently looked at using the beta charts. However, if I only view the summary page or classic charts, my recently viewed quotes will show up in the quote box on the [...]


Is it possible to obtain a mortgage loan for a USA home from a foreign country?

DogJD asked: I am wondering if it is possible to obtain a LOWER interest mortgage loan by obtaining if from a foreign country? Could you give me any web site references? Thanks!
Also have you ever heard of Sydney Financial Group?
I found this question from another one that was posted previous to this one, [...]