Mortgage Appraisal Transfer
What are our rights if a broker doesn’t follow through to closing?
We put a good faith deposit down,paid for the appraisal, and survey.We are approved,and have a Mortgage Loan Commitment letter.Now the broker isn’t communicating at all,and seems to not want to follow through.We have had 2 closing dates,but she always comes up with a reason it can’t be done.Can we transfer all we’ve done to this point to another broker,or mortgage company?
Thank you for any help or advice you can give us.
I am talking about the broker.This is a family owned real estate agency,so the agebt,and broker are tired into the same office.We have been put off by both the agent,and the broker.
I actually just received a call from her,telling me the loan company she submitted our info to,and approved us, is no longer financing manufactured homes.
I called and spoke directly to the loan company,and they never received any of our info,and in fact they only finance manufactered homes.So again,we were lied to by the broker.
HI – I understand the Broker is not returning your calls, or has lied to you – that gives us a bad name that is in the business.
The Broker should always stay in contact with their clients. YES you can transfer to another Broker – ok – Or you can call the Lender that was doing the financing – and find out who else is able to do your loan with their company. If you have paid for the appraisal, your broker needs to release it to the NEW broker (ok – follow me so far).
Do not know what state you live in, but here is a web site for you to check out – you can also put in key words on yahoo: manfacturing financing; moble home loans, etc
Welcome to 21stmobilehomeloan.com
Your source for Mobile Home Financing
Following is a summary of our most popular programs. Additional guidelines apply.
Please call 1-800-955-0021 or complete one of the online loan applications.
Our Conventional Loan program provides standard fixed rate financing for new and previously-owned manufactured homes (1974 and newer).
Our all-in-one Land/Home financing program offers financing for both home and property. This program features flexible loan terms for both new and pre-owned homes, and the option to use land equity towards the down-payment.
Staged Funding Our Staged Funding program for land/home purchases provides funding in four stages as work progresses, and offers convenient payment options during the construction period.
With Classic-Land-in-Lieu, customers use the equity in the land they own towards a down-payment on a new or pre-owned manufactured home.
FHA / FNMA Freddie Mac
Yes, you may qualify for trememdous savings with a conventional mortgage loan on your multisectional manufactured home or modular home.
21st Mortgage Corporation
21stmortgage.com
info@21stmobilehomeloan.com
1-800-955-0021
Hope this information helps – I also can do manfacturing home loans – if you are interested. Good Luck to you.
Bank Mortgage Fraud pt 2 of 5 ASSIGNMENT TRANSFER FRAUD…ANY CONFLICTS??
Fitch Downgrades GCCFC 2007-GG9; Affirms Super Senior and Mezzanine AAA Classes
CHICAGO–(BUSINESS WIRE)–Fitch Ratings downgrades 16 classes of Greenwich Capital Commercial Funding Corp., series 2007-GG9 (GCCFC 2007-GG9), commercial mortgage pass-through certificates, due to further deterioration of performance primarily due to increased expected losses on the specially serviced loans. A detailed list of rating actions follows at the end of this release. The downgrades …
The above mentioned are the basic requirements in order to qualify for a home loan. Secondly, I was interested to know how big a home loan I could get considering Mortgage Appraisal Transfer. As soon as I knew how much, I could start searching for a house.
Mortgage Appraisal Transfer
Need my FHA number……. Transferring loan?
I am in the process of purchasing a home and was recently made aware that my mortgage broker cannot locate the lender. All of her numbers are disconnected as well as her cell number. I have contacted a new lender. This new lender stated that he needs my loan file from the previous company. Well, you see the dilemma since we cannot locate the lender. My previous lender ordered the appraisal and sent all of the paperwork through underwriting. How does my new lender get the FHA number that I was assigned? We need to get things approved before next week so I can use my downpayment assistance program. Thanks for all the help.
The title company will have all that info. Your broker should know this. He isnt very good at his job. If you cant find the title company or have problems locating your case number I will be more than happy to pull it up for you. Write down my email address just in case. oswaldmortgage@yahoo.com. Im not a broker, i used to be. This is my personal email.