Posted on: 15th Aug, 2010 11:58 am
to be a self employed mortgage processor, what licensing must i have ?(mtg broker, mtg loan originator, etc...)
to be a contracted processor, what licensing do you need (broker, LO,?)
Welcome bosslady,
You can go through the given link below in order to know about the state licensing requirements:
"http://www.mortgageprocessor.org/mortgage-state-licensing-requirements.php"
You can go through the given link below in order to know about the state licensing requirements:
"http://www.mortgageprocessor.org/mortgage-state-licensing-requirements.php"
Here are some guidelines that will help you in grabbing the best mortgage loan:
• If you are opting for the loan against the property it is advisable to produce the copy of registration of the property along with that it needs a copy of the property tax paid by the owner.
• Insurance policy is the most sought after document that bank is always looking for as it acts as the guarantee if some thing happen to the borrower the lost will be paid by the insurance company.
• It is advisable to pay the maximum tax applicable, so that after examine the document bank would be able to analyze the financial status of the candidate.
• Always transact the money continuously so that it reflects in your bank statement. Always take a note of it that no cheque is bounced in your banking as it shows your banking in a negative light.
[External linking deleted as per forum rules. Thanks.]
• If you are opting for the loan against the property it is advisable to produce the copy of registration of the property along with that it needs a copy of the property tax paid by the owner.
• Insurance policy is the most sought after document that bank is always looking for as it acts as the guarantee if some thing happen to the borrower the lost will be paid by the insurance company.
• It is advisable to pay the maximum tax applicable, so that after examine the document bank would be able to analyze the financial status of the candidate.
• Always transact the money continuously so that it reflects in your bank statement. Always take a note of it that no cheque is bounced in your banking as it shows your banking in a negative light.
[External linking deleted as per forum rules. Thanks.]
Which mortgage company should i choose for mortgage loan?
Hi Jesse!
Welcome to forums!
A query similar to yours has been answered in the given page:
http://www.mortgagefit.com/california/bestloan-apartment.html
Take a look at it. Hope it helps you.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
A query similar to yours has been answered in the given page:
http://www.mortgagefit.com/california/bestloan-apartment.html
Take a look at it. Hope it helps you.
Feel free to ask if you've further queries.
Sussane