Insurance Investing Legal Loan Officers 
Housing Wire
NOVEMBER 2, 2023
Meanwhile, Michael Strauss , its only loan officer, now has an inactive status on his license, according to the Illinois Department of Financial and Professional Regulation (IDFPR). While the decision was under appeal, Strauss was brokering loans. 3, indicating a voluntary surrender.
Housing Wire
JANUARY 19, 2023
There were no severance packages, and even health insurance was canceled retroactive to May 2022, leaving some on the hook for huge medical bills. The nascent mortgage company, however, has only one loan officer registered and no loan origination volume so far, according to the mortgage tech platform Modex.
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Housing Wire
SEPTEMBER 15, 2020
This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. insurance companies, including home and auto providers. Register for the FinLedger Daily Newsletter.
Housing Wire
APRIL 16, 2024
The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. For example, Realfinity pays LOs 1.4%
PennyMac
JUNE 2, 2022
Have you been inspired by one of the numerous investment property television shows? If so, you are probably intrigued by the prospect of investing in rental property. Financing, knowing what kind of property to buy, and the many other steps are all part of a well-rounded investment plan. Property taxes. Maintenance costs.
Eppraisal
DECEMBER 28, 2021
While applicants can feel uneasy about a bank looking so closely at their financial lives, they can nonetheless take comfort from the fact that the lender's thoroughness enables it to make loans in the first place. Assembling and confirming the validity of these documents is the job of a loan processor.
PennyMac
JUNE 28, 2022
If you’re buying a second property (such as an investment property), sellers can contribute the same amounts for down payments above 10%. State laws will usually dictate who is legally responsible for overseeing the closing. FHA Mortgage Insurance Premium. The current rate is 1.75% of your base loan amount. Courier Fee.
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