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What are the differences between a mortgage company and bank when getting a home loan?
Wiki User
∙ 9y ago
Banks usually work together when making payments for your loan. A mortgage company is basically paid a fee to bring together lenders for profit. More information is available at http://homebuying.about.com/cs/mortgagearticles/a/home_lenders.htm
Wiki User
∙ 9y ago
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Does the cosigner on a mortgage need to be on the purchase and sale so the seller is aware of a cosigner?
That is an issue between the mortgage company, the buyer and the cosigner. The seller's only worry is selling the property and getting paid.
What steps are involved in getting a second mortgage?
One first must understand the components required in the mortgage. Then, one can talk to a professional from a bank or mortgage company. Through this professional, one can learn how to fill out the required paperwork to get a second mortgage.
Is getting a mortgage from an online broker safe?
As long as you are dealing with a repurtable company it is very safe to get a mortgage online. Just make sure you are able to talk to someone in person if you need to.
What are 3 differences between I bonds and EE bonds?
you thought you was getting the answer , LOL
Is getting East West mortgage a good choice?
East West Mortgage company actually has decent reviews and ratings on the internet. If you wanted to find out more, you could check with the Better Business Bureau.
How To Select A Reputable Morgage Company?
Getting a home loan is not as difficult as some consumers may believe. There are many mortgage companies looking for viable candidates who are in need of home loans. It is critical that you take your time in searching for a reputable mortgage company. Unfortunately, some mortgage companies take advantage of their customers. This is the main reason why many personal financial consultants and consumer advocates encourage people to perform their due diligence on all prospective mortgage companies. Calling federal agencies is one powerful way of avoiding doing business with a mortgage company that has a shady past. Many federal agencies will be more than happy to refer you to a reputable mortgage company.
Where can I find more information on getting a mortgage with bad credit?
Check out this article about getting a motgage with bad credit... http://www.finweb.com/mortgage/need-a-mortgage-but-have-bad-credit.html You can learn more about getting a mortgage with bad credit, by visiting www.fha.gov, www.hud.gov, and www.mortgageloansbadcredit.com.
How can one get mortgage for properties in France?
Getting mortgages in France may be a bit different from what you normally have in your home country. French Mortgage direct is one company that can provide information for any one willing to delve into buying properties in France.
What are the benefits of getting a second mortgage refinance?
The main benefit of a second mortgage refinance is that it allows one to not have to create a new mortgage. Creating a new mortgage can be a hassle, which a second mortgage can alleviate.
How can one get poor credit mortgage loan in Ottawa?
To get a poor credit mortgage loan in Ottawa a person needs to seek the advice of a lending company who can help you with getting a loan. Many times they will tell you how to get your credit in better standings so that you may get the loan.
How do you get a letter from your previous mortgage company stating you no longer hold responsibility of property due to foreclosure?
You should receive a letter from the mortgage company stating that mortgage lien is released when the house is sold or auctioned off. This does not mean that you no longer have an obligation unless the mortgage company sold the house for an amount that would cover your total balance including all collection costs and any other costs, like real estate taxes, utilities etc. that were incurred. If the mortgage company did not have a deficit balance left, you should have no trouble getting such a letter, but if there is a balance due, the letter may state something to the effect that the property has been sold but a deficit balance of a certain amount of money is due.
Can a single person get a mortgage?
Yes. Getting approved for a mortgage depends on your ability to pay, not on your marital status.
