Following are a few examples of different scenarios to show how to calculate this fee correctly. Example #1 Purchase Price $250,000 Appraised Value $258,000 Borrowers want to finance $8,000 in closing costs in the loan since the appraisal is higher … Continue reading
In case you missed this call Jennifer DeVenne shared the PowerPoint with me so I could share it with everyone else. Thanks Jennifer. FHA Call on 3-11-2012 Click here FHA Collections Click here Above are the 2 major pieces of … Continue reading
Notes for HARP 2 loans All HARP loans other than Flagstar must be done as a Broker unless the LTV is at 100% or less. Wells will only do Wells to Wells deals
Hi All: I’m new to Integrity so I thought I would reach out to all to ask if you’ve had success in any way when your working with a Borrower that has an underwater mortgage with MI. I guess no HARP … Continue reading
Did you get your License renewed by 12/31/2011? If not, please contact Mark Spense at the Corporate Office as soon as possible.