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Contract Processing

Hello everyone, I need some more brokers who need a contract processor!!! I have over 26 years experience in every position!! I have a complete home office that I work out of and currently work for 3 brokers who are VERY happy with my services. Of course things are so slow, I need more brokers!! I am doing mostly FHA right now, but some CONV and I can

Posted to Announcements - Products, Rates, Services, Events, etc. (Forum) by Rhonda Still on Thu, Dec 18 2008
80 20 Home Mortgage Loans

A 20-80 is actually called an 80/20 in mortgage terms. This is a way of purchasing a home with 100% financing, but avoiding what is called "PMI" or Private Mortgage insurance. You get 2 loans...the 1st one is for 80% of the sales price and the 2nd is for 20% of the sales price, thus, you have to pay nothing down. You only pay for the closing costs or

Posted to General Mortgage (Wiki) by Rhonda Still on Tue, Apr 22 2008

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