"I went to another lender and am very very satisfied. Thank You."    View Post

"I have read some of the previous posts concerning this subject. I have not seen any posts dated 2010. I am concerned there maybe changes in 2010 concerning gift letters. Here is my situation and my understanding. My wifes mother lives in a small city in a neighboring state. Approximately 45 minutes from our home. She moved there 7 years ago with my wifes step-father who is now very ill and under Hospice care. My wife wants us to move there. She has found a home. The two of them are very excited...."    View Post

"I have been working with a broker on a loan. I have reservations about continuing the loan process with the company. We started the loan application process with my wife and I applying. Then, because I was told I qualified to carry this home plus our other, the brokerage company recommended that I alone apply for the loan due to my wife's credit score being a little lower than mine (she was to be included on the title). This was to save us in closing costs due to an adjustment for credit score..."    View Post

"I would like some advice and guidance on a few questions since it has been 25 years since I last closed a mortgage for a primary residence for my wife and I. I'm not opposed to using a broker (non-traditional walk in the bank for the loan) I just don't know how to compare them in a timely manner and with the least credit inquiries/personal info to god knows where. Can you help me? Here are a few questions I have thought of. (1)Is there a national/regional average or could someone provide..."    View Post

"I'm going to make an offer an REO property today or Sat. Bank is willing to take 5% down, waive PMI and offer special rate. The listing price is $850k. There are 5 homes out of approximately 15 in this gated community that have been foreclosed on, one is unfinished. The tax 2009 value of home is 710k. I have seen this property listed for 695k before it was foreclosed on then, I saw it listed at 762k about 3 months ago. Can you give me some guidance on offer price as well as closing scenario etc..."    View Post