All Posts Tagged With: "terms"
FHA to lenders: Show us your license
HUD has come out with a new standard for lenders, the requirement to see the license number for each lender or loan officer who does an FHA loan. The numbers are recorded with the Nationwide Mortgage Licensing System and Registry (NMLS). Okay, what does this mean and why should borrowers care? When you sell a [...]
10Jan2011 | Peter G. Miller | 1 comment | Continued
Is it better to get a loan from a mortgage broker or a mortgage banker?
There are numerous home financing sources in today’s marketplace: mortgage brokers, mortgage bankers, credit unions, banks, savings and loan associations, etc. The real test is not how the lender is organized, it’s whether they can deliver the best loan for your circumstances. In general terms, a mortgage banker is a company that has the ability [...]
1Sep2008 | Peter G. Miller | 0 comments | Continued
Real Estate Dictionary
Copyright 1994, 2008 Craig E. Buck, Attorney at Law, All Rights Reserved. DISCLAIMER: Laws vary from state to state. Be sure to check with a local real estate attorney for an interpretation of the law in your jurisdiction. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. [...]
23Aug2008 | Peter G. Miller | 0 comments | Continued
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