can i sue chase bank for selling my mortgage with good credit during a HARP application?
by 350.org Question by Daniel G: Do personal loan underwriters spend a lot of time verifying income or do they rely on credit score? Do personal loan underwriters spend as much time as mortgage loan undertwriters verifying income? I know mortgage loan underwriters spend days checking a loan and have tools to check docs. Do personal loan underwriters follow the same guidelines? Best answer: Answer by kellyyes they do they need both statements and information that support what you have written down to make sure that you are not a risk worth taking. Give your answer to this question below! by marsmet526 Question by Allison: why is my FHA mortgage banker refiance taking so long? We have had our complete FHA refinance package with the underwriting 2 weeks today. The loan officer tells us that it’s a more difficult file to process but says all looks good. I asked if they want to see any more documention and he told us that they haven’t asked for anything. We are getting concerned. If everythink looked fine, symptoms but they wanted some more documentation, wouldn’t they approve with stipulations? What could the hold up be? And at what point do we walk away and go with someone else? Best answer: Answer by MoneyMonkeySometime the squeaky wheel gets the grease. Ask him for a deadline, and keep calling him politely every day until it is complete. Ask him outright if you should be looking for a loan elsewhere. Add your own answer in the comments! Question by Manny: can i sue chase bank for selling my mortgage with good credit during a HARP application? During my application for modification or refinancing program to get a lower rate, information pills after 4 month back and forth with paper work, without any detail explanation, the letter said I was not qualified I never been late in payments, our credit scores were above 740 & 760 and we could make our payments,but our mortgage was underwater and this was the purpose for refinancing. Two month later our mortgage was sold to LBPS/Seterus a motrgage service company. Best answer: Answer by A HunchSeturus a mortgage service company. They don’t own the loan, so Chase couldn’t have sold them the loan. They service the loan for the owner. Was Chase the owner? Is Chase still the owner? Was Chase ever the owner or were they a servicer too? Know better? Leave your own answer in the...
Read MoreQ&A: Is it Wisconsin state law to have both spouses on the home loan application?
by marsmet526 Question by Brian: Educated guesses about when the FHA 30yr fixed rate will drop and how much? I’m a first time home buyer and I was just preapproved for an FHA loan with a 6.5% rate. Three months ago I was approved for a conventional loan at 6.25%. I’m just wondering when analysists are predicting rates to drop? Best answer: Answer by Natalianot soon the rates are going to go up for the next year unless the government lowers them again Add your own answer in the comments! Question by Cat: How can I refinance from FHA to a conventional loan with little or no money down? Just over 6 months ago, viagra dosage we bought a bank owned property. We’ve put at least 15 grand into fixing it up. I was told that we can switch to conventional with an appraisal that shows our property is worth 20% more as we don’t have cash for closing. Would we not have to pay mortgage insurance if we went conventional and why? I need a little guidance with this. Thanks! Best answer: Answer by MeJoin a credit union and work with them. What do you think? Answer below! Mortgage-Bond Sales Soar on Fed's Refinance Push: Credit Markets The Obama administration fueled additional opportunities for refinancing by pushing Fannie Mae and Freddie Mac at the end of 2011 to expand the Home Affordable Refinance Program, medical or HARP, for borrowers with little or no home equity. Almost 791,000 … If you would like more informaiton please visit here… Taking advantage of the lowest mortgage rates Q I keep hearing about these really low-rate refinance opportunities, but nobody seems to say which bank or mortgage broker is offering them. I have a 15-year fixed rate loan at 4.25 percent. I financed my loan under the Home Affordable Refinance … More informaiton please visit here… Diminished expectations: Oregon politicians try to repair economy, restore … A state agency will conduct a limited test of a program to buy back and refinance underwater mortgages. Still, the …. It's similar to the federal Home Affordable Refinance Plan, the Obama administration response to upside-down mortgages. But HARP is … More informaiton please visit here… Annaly Capital Vs. American Capital Going Into 2013 According to the latest statistics compiled by Mortgage Bankers Association and reported by Bloomberg, sale of Agency MBS reached a three-year high. This was a result of the direct actions from the Fed, which intends to make home ownership affordable. For more informaiton please visit here… Question by Tia: Is it Wisconsin state law to have both spouses on the home loan application? When applying for a home loan in Wisconsin, price is it state law that you and your spouse be on the home loan application. OR can you just apply using just you or your spouse? Best answer: Answer by AndrewATTN: Dear Client, page I am a private registered loan lending firm base in UK, approved We offer short and long term loan. We can be of help to you. if you are interested e-mail or call us now so we can proceed to the next level. Kindly get back to us with the loan amount need, loan duration period,sex,age,annual income, country and phone number. Note: Even if your bank have decided not to offer you a loan because of your bad credit score, we are willing to help you. Awaiting your prompt respond asap. Phone Number:+Tel: 447045713070. Fax Number:+447005931319. Mr Frank Smith. Email: giantloanagency@live.com Add your own answer in the...
Read MoreCan someone go to jail for lying on a credit application for a car loan?
Question by Superman: Can someone go to jail for lying on a credit application for a car loan? I know someone who purchased a new car from a dealorship but lied about the ammount of money she was making per month. She is just starting a new job and has not recieved her first check yet. The dealership told her she was approved before seeing her income verification and let her drive home with the car. He later told her that he needed a check stub “for his file” to process everything (even though he had earlier said that she had been approved the loan) and she does not have one to give him. Can she go to jail for this? Best answer: Answer by Frank CastleYes. Add your own answer in the...
Read MoreWould it be bad for my husband to include my income on a mortgage loan application?
Question by ruizmarbs: can you plese send me sisa’s lines in noli me tangere? sisa’s lines in noli me tangere Best answer: Add your own answer in the comments! Maryland HARP Lender Accelerates Recovery Through Obama #MyRefi … Local Maryland HARP lender John Carter, drugs president of Executive Lending Services, information pills Inc., diagnosis said, "We do our best to spread the positive news about how HARP is one of the few government programs that is actually reaching a large number of people, but many … If you would like more informaiton please visit here… Inlanta Mortgage Expands – Adds Sales and Support Staff Inlanta Mortgage provides its partner branches with Fannie Mae/Freddie Mac agency products, viagra 60mg as well as a full suite of jumbo and portfolio programs. The company is delegated FHA/VA, FHA 203K and USDA approved. Inlanta Mortgage was named a Top … For more informaiton please visit here… Wells Fargo Addresses "Illegal" Income; Forced Place Insurance Defined … We need about 40 part-time 203k underwriters (with CHUMs number) to work on a special diligence project for 2-4 months. The job entails a very limited review of the value and LTV calculations. A qualified … Add to the mix the more stratified costs of … More informaiton please visit here… Question by Serendipity: making home affordable refinance plan question? I am trying to find out more information. I believe i would qualify because online it says this particular program is for those who haven’t missed a payment and have never been late but want to take advantage of lower interest rates. I called my bank and they have no clue what they are saying. Each person i get transferred to has a different answer and it is like black and white. I was told that i need to fill out an application for the program and then they would decide what is right for me. I am scared to do that because what if i do it and they somehow change my loan terms or something without me agreeing. I don’t want to change anything unless it is better for me? one girl said that they don’t have information to start the next girl says oh ya apply today, ampoule i am so confused? my current loan is fha! so how is that an answer? Best answer: Add your own answer in the comments! by eyewashdesign: A. Golden Question by fotophrk: Would it be bad for my husband to include my income on a mortgage loan application? No spam, medical really. I will report it. I have poor credit that I’ve been working on for years. He has a good payment history but possibly his income to debt is high because of his beast of a truck. But he’s never defaulted on anything. If he added me on a loan for extra income would my bad credit be taken into account? Best answer: Answer by Use Your NoodleYes, remedy it would You cannot pick and choose one or the other. If he needs your income to help with the debt load he has to qualify, nurse then, the bank will also take into account your credit history. If it is poor, then, it will affect the terms of your loan. Add your own answer in the...
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