Does anyone really know how a mortgage is created?
amacmedic asked: The true facts about how a mortgage is created are known to very few people… even bank loan officers cannot answer this question!
I am looking to see what people know of the actual mechanics of how a mortgage is created. Lots of people know that they must fill out an application, have a [...]
NEHEMIAH CORPORATION AND FHA( LOAN OFFICER)?
CONCERNED asked: I was pre-aproved by FHA AND NEHEMIAH PROGRAM which would help me with my closing cost and down payment.I was told to ask the seller for a 6% back and that would be for closing and down payment cost. my question is IF THE HOUSE IS SELLING FOR 176,500 from this amount the [...]