Archive for the ‘Renting & Real Estate’ Category

JP29 asked: I’m considering getting into commercial real estate loan brokering and I would like to find out how many point lenders usually pay on these types of loans. I know the amount can vary, but I’m looking fo a range so I can calculate my possible commission. For argument’s sake let’s say an average [...]

Spaghetti asked: I am currently with Citimortgage and I’m thinking about re-financing my condo.They do charge a one-time non-refundable processing fee of $635.00.Is that a decent price or are there better deals out there and what lenders don’t charge a closing fee (if any)? Any recommendations?

Friv asked: I am a new real estate agent and I want to find out how to hook up with lenders such as wamu or countrywide to get the foreclosure properties listed. Any help will be appreciated. Thank you!

e e in california asked: I want to know how banks set the interest rates for mortgages. All I know is that they move up and down with the fed funds rate and discount rate (Correct me if I am wrong). Does anyone know all factors that play into the rates that lenders [...]

Jessica L asked: My husband and I are a young military couple looking to buy our first house. We can’t be approved for a mortgage loan through our bank because my husband has only been in the Navy for 1 year (they require 2 years in the same field). We have applied through Lending Tree [...]

reciprocityabound asked: Our property taxes are tied into our mortgage and are due to go down in May 2008. Do lenders have to adjust it right away or can they make you pay the full amount until the end of the year?

killerlegs asked: I am trying to find out what is the best newspapers or websites used to find jobs in Texas, especially the houston area and what is the most common sources used for mortgage lenders. Do people usually use the banks or mortgage companies? I want know a good mortgage lender with [...]

Ceej asked: I am looking for names of lenders that will finance land with active oil wells. I already have contacted GE Capital Energy Group. I will not work through brokers- direct to lender only. Anyone know of any lending groups that will finance land with oil wells??
Thanks!

Shannon J asked: As a Realtor it is hard to even trust that a deal will close now-a-days with the lenders going out of business and leaving buyers stuck out at closing. This has been a terrible experience for me.
Here in Houston mortgage brokers and loan officers are hurting and some are even given [...]

MT asked: I am looking for a FHA 30 fixed loan and want some lenders with the lowest rates. It is usually around 6% but if you have a lender that can offer lower I want to know. Please only Colorado lenders because each state has different laws.