California Nationwide Mortgage Licensing System (NMLS) Process Summary
Ok, now that I have completed the process I can report back on how it went. 1) Its expensive, it costs $575 as an individual and $500 as a company. …
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Top 7 Reasons Mortgage Home Loans get denied
The following are some reasons loans are being denied. 1) Being aggressive in determining qualifying income. When it is difficult to come up with enough qualifying income, maybe the borrower …
Summary of Mortgage Home Loan Programs offered by IET Capital
FHA · VA · Conventional · Cal STRS· Cal PERS · CalHFA· USDA · Access· 1st House · Construction PERS (FHA & Conventional Financing) Limited to: Members of Public Employee …
What the heck is HUD thinking?
?: Can anyone explain to me how not requiring brokers/loan correspondents to be approved was a move done by HUD to “strengthen risk management? Other than the possible cost benefit …
Long Live the Loan Broker!!
This post is from an e-mail sent Tuesday May 11th, 2010 By Paul A. Lucido National Marketing Director, PRMG (Paramount Residential Mortgage Group) one of our preferred wholesale investors. Mortgage …
LIPA: New Downpayment Assistance Program from LAHD
The Los Angeles Housing Department (LAHD) recently announced the Low Income Purchase Assistance (LIPA) Program has received a limited amount of additional funding from HOME and CalHome funds. The LIPA …