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Did the lender also sign the application form for the client?
I am afraid your arguments will run thin in the event this matter were to come before the courts ,since it is usual practice when people take out a loan or mortgage they "cahoot" with the broker-rather -the lender-and are usually aware of what is being put in the application-UNLESS THE CLIENT SIGNED A BLANK APPLICATION FORM.
Hmm...very interesting![Syed Amir]
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∙ 13y ago
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Can a mortgaged property be placed in trust?
No. Not without the lender's approval.No. Not without the lender's approval.No. Not without the lender's approval.No. Not without the lender's approval.
What should you do if your lender rejects your loan application?
Either find another lender - or ask the lender why they've refused you.
what do I do first, find a home to buy, find a lender or fill out the USDA application?
fill out the usda application
Can the lender pay the borrowers property taxes without their knowledge or authorization?
Yes. A requirement that the bank will maintain an escrow account and pay the property taxes is usually part of the mortgage application process and is set forth in the documents you signed. The bank is protecting its investment against being taken by the town for non-payment of property taxes.
What are some items needed when going to apply at a commercial loan lender?
Some items that are needed when going to apply at a commercial loan lender are your loan application, and a resume. These items are essential when applying at a commercial loan lender.
How does one obtain an sba loan?
To get a SBA loan you will need to find a lender that is a participating lender. Once that is done, you need to fill out the application and provide all requested documents.
Does the early Disclosure of Loan Application need to be signed?
Yes, anytime you choose a lender to continue the process of a loan application the disclosures need to be filled out before moving forward.
Can you get a mortgage without your lender selling your mortgage?
You have no control over a lender selling your mortgage. However, it is less likely if you do business with a local bank.
If the primary lender loan discovers that the cosigners signature was forged can the primary repo the vehicle no matter what the time of discovery?
If the signature was not only forged but done without the knowledge of the person, the party involve has a bigger problem than a "repo". Be that as it may, the agreement was made fraudulently and the lender has the right to reposession and recovery of expenses, by whatever means necessary.
How can one find trusted residential lenders?
This is tricky because a lot of residential lenders can be predatory. A good way to weed out the predatory lender is to ask questions. Ask them what each fee means and any other questions about the application. Any lender who wants to help you can explain everything in detail without hesitation. Be sure to trust your instinct, too.
If the lender does a bait and switch on you and you change your mind about the loan can they keep your application fee?
If the lender truly pulled a bait and switch or acted inappropriately, it should nullify the application fee. However, you'd have to be able to prove it and then probably file a small claims suit. YES. It is a fee to have your application "processed" and if either party backs out they keep the fee for doing the paperwork, regardless of the outcome.
Is a mortgage note invalid without the lender signing?
No, it is still valid
