Is there anyone who knows and can tell if the person acting as a Mortgage or Loan officer is a scam?
Absolutely! All Mortgage Loan Originators MUST be Federally licensed as well as within the state(s) which they are conducting business. The Nationwide Mortgage Licensing System and Registry (NMLS) will contain the data of each legitimate Loan Originator or Mortgage Banker/Broker and is...

Are loan services required to offer HARP 2?
Harp 2 applies only to loans owned by Fannie Mae or Freddie Mac and must have been securitized prior to June 1, 2009. Indy Mac, in your case, is simply the servicer of your loan and your HARP 2 DU refi is not required to go through them. So long as you meet the criteria set forth under HARP any mortgage...

Will closing cost be cheaper under HARP 2.0?
Darian, $7k in closing costs is way too high. I'd stay clear of that if I were you.

Are there lenders outside of your current lender willing to refi under-water mortgages?
Hi Daniel, good question...Those fees are kinda high but the rate is not bad, I might be able to do a little better with your FICO being that high. Please give me a call and we can discuss. I'm only about 45 min from you too! Travis Torcoletti IKON Financial Group (803) 381-5149

LOAN OFFER
This is not an advertising board. You are clearly a shyster and should get reported for abusing this format. Also, you are a douchebag.

need asistance
Hello, and thanks for your question...I believe that I can help you with a purchase. Just give me a call and I'll run through the scenarios with you.Travis Torcoletti (803) 381-5149

We live in SC, we have a conventional Loan and wanting to purchase a new home,can we get another conventional loan? Not selling.
You certainly can! As has been stated you must qualify for the loan and if you would like to dicuss that with me I'd be happy to help. I am in Columbia and I work with Ikon Financial Group, in fact, I'm currently working on a mortgage for a client in the Greenville area right now. Feel free to give me...

Confused
The fact is that it is not really possible to assume a home loan, and even if it were it wouldn't be advisable since a person still has to qualify for a loan and today's rates are certainly better than they were when the loan was originally taken out. If your credit report states that the loan is...

I want to refinance my mortgage but do not qualify for any government assisted programs
I agree with you, if you can get out from under B of A then do it ASAP! I'm a former customer of theirs and they are not good in any way. I would go to a local mortgage broker and get some direction there. I think you might be suprised that the HARP covers much more than those who are usually thought to be in...

Is it uncommon for a lender not to give a buyer a copy of the loan approval?
You are entitled to a copy of your appraisal under Federal Law, in fact I just provided a borrower with his a couple days ago after the value came in substantially lower than he thought. All you must do is request it in writing.

how to apply for home equity loan?
Maybe call Midland Mortgage and ask to do a loan app?

Should I refi using HARP
Sounds like a good deal but I'd caution you on your value estimate. I am currently doing a HARP refi for a client that overestimated his property value on the app by $80k and he just barely slid under the acceptable LTV limits. Use Zillow, Cyberhomes and the Chase on-line value estimator then...

Looking for a 90% LTV refi loan in VA
I think you will be hard pressed to get a lower payment switching from interest only to a 20 or 30 year fixed conventional. P & I alone at 3.75% for 30 yrs on $412k is over $1900/mo. then add in escrowed taxes and insurance your looking at about another $400 or so per month.

Looking for a 60%LTV after a forclosure
When was your foreclosure? You typically need to be at least 3 years removed from it to do another loan no matter your other circumstances.

How do I put my new husband on my home loan
The only way for him to get on the loan is to refinance it together with both of you as borrowers so both of you would need to meet the qualification standards. Lenders will typically use the lower median credit score from the two borrowers so that means if your median score were 690 then that's what...

Can I use my wife's income and my credit?
No...whoever aplies for the mortgage will have to meet all of the qualification standards, and the underwriters will exhaustively research every little detail. You can't mix and match.

Seller has a contract and buyer wants to pursue a VA loan..
Great...so what's your question?

Stated Income Loans
There is no way to do a SISA loan anymore, especially in CA, that I'm aware of. You may be able to do a SIVA (Stated Income Verified Assests) loan as long as you have excellent credit and verifiable assets within proper thresholds, but that is a niche loan and would probably depend on what state law allows. ...

High dti and refinancing
The DTI is an issue at 60%-65% as most lenders want to see 29%-41%. But on the plus side, assuming your $320k value is accurate, you have a good LTV ratio and credit score. You would need to pay down some of that debt though. Cashing out on a property and paying debt down makes perfect financial sense provided...

Can I use the two homes I own outright as collateral for a loan?
Yes, you can take out a HELOC (Home Equity Line of Credit) on either of the properties and then use that money to pay off debt or whatever BUT, the bank is still going to review your abillity to repay the loan which means you have to qualify just as you would any other loan and demonstrate an abillity to...