Did your last mortgage broker or lender trick you into a messy situation which could cost you your home? I've been close to 30 years in the mortgage industry, and I've seen it all. Believe me, it is not pretty. As the owner of a mortgage company I am called frequently to testify as an expert witness in mortgage fraud cases and other cases where lenders did not fully disclose the terms of the loans they were offering to the borrowers. I have seen fraud being committed by borrowers - and by lenders. It's a tough world out there. And by the way - you are invited to visit my website, www.real-estate-expert-witness.net.
More than 25 years in loan production and underwriting in Southern California.
Mortgage Bankers of America (Southern California Chapter)
Former columnist for AOL Financial Center and the author of a mortgage primer.
|Pablo||12/29/16||10||10||10||Thank you very much for the useful .....|
|Elsa||07/29/16||10||10||10||Thank you so much for the advice .....|
|Adrienne||06/11/16||10||10||10||Thank you very much for the clarity .....|
|Miss Susan W.||10/24/15||10||10||10||Great advice. Very concise and would use .....|
|Roger||07/24/15||10||10||10||Thank you for the insights!|
Pablo, The capital gain calculation for most real estate transactions is: Sales price (minus sale expenses, such as realtor's commission, escrow, fix-up) Less Purchase price (plus any capital
Joseph, You could possibly refinance and reduce your payments if your existing loan qualifies for the HARP program. The HARP refinancing program was started in April 2009. While the Government calls
Elsa, The refinance to a 15-year loan would possibly make sense ONLY if it is a no-cost, no-fees refinance. Assuming that the loan balance is around $400,000, a 15 year loan at 2.625% will have monthly
Hi Adrienne, If you go over your copy of the loan documments you signed 8 years ago, you will notice that one of them is entitled "Transfer Disclosure". It advises you that your lender may transfer
Brianna, Banks use tax-service agencies whose job is to inform the bank whenever there is a change in title on a property securing their loan. Since we know that Chase will be notified about the change
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