It's still accurate. Good for you for selecting a licensed loan officer - at least in this case, if something…
Amy, I feel like I need a white board to draw out your scenario 😉 It sounds to me that…
Hi Emily, Yes - I will most likely still be teaching home buyers education classes in 6-12 months 🙂 Please…
Skip, that's really shocking - if I understand you correctly, she has occupied the condo for 25 years and now…
Monte, you need to check with your local loan officer. IMO the property would be a rental unless you are…
That IS very disturbing. If you had selected a non-depository (non-bank/non-credit union) mortgage company, they would be state regulated by…
The same wait periods apply with the first mortgage - with FHA the wait is 3 years. There are no…
IMO your challenge may be in documenting that he was forced to "quite or be fired" - that the loss…
Steve, that would be a good question for your CPA or tax adviser.
The lender can write a commitment letter at anytime, it just may have conditions that state what is "subject to"…
