Tag Archives: mortgage

How many mortgage loan officers are left in the United States?

Posted on February 19, 2012 by

How would i get in contact with all of them for very little money?

Posted in loan officers | Tagged , , , , , , | 1 Comment

If I recently did a loan modification and I miss a mortgage payment can my lender foreclose on me immediately?

Posted on February 5, 2012 by

How soon before a lender will start the foreclosure process? Is it after 60 days or is it immediately?

Posted in loan modification processing | Tagged , , , , , , , , | 4 Comments

How can mortgage loan officers and car salesmen sleep at night after ripping off so many people?

Posted on January 29, 2012 by

After documenting myself, doing a lot of homework, negotiating, etc, they still try to rip off by slapping fees that were not there, doing wrong calculations by “mistake”. It is a continuos fight to save my wallet from these scum … Continue reading →

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What’s the best way to get started as a mortgage loan processor?

Posted on January 21, 2012 by

I am in the NAVY with about 10mos. left and looking for a job I can get into when I get out. I have no experience and don’t know if I need to be taking classes or something.

Posted in loan processor | Tagged , , , , , | 2 Comments

If my mortgage lender (BOA) won’t give me a loan modification, should I try with another company?

Posted on January 12, 2012 by

I’m in the foreclosure process trying to hold onto my home the best I can. BOA won’t give me a modification because they say my income and expenses exceed their guidelines! I cannot bring to the table all of the … Continue reading →

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Is there a fee associated with becoming a mortgage loan processor?

Posted on January 3, 2012 by

I had a company contact me today and said they got my number from my resume posted at Hotjobs. com. The lady said that her company was hiring entry level mortgage processors and she wanted to know if I was … Continue reading →

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My mortgage company is messing with me. I have continually asked for a loan modification?

Posted on December 19, 2011 by

I filled out all the proper information for they required but for some reason they continually are prolonging the process. it’s been over 4 months now and they have thrown every excuse possible at me. I am not sure Y. … Continue reading →

Posted in loan modification processing | Tagged , , , , , , | 9 Comments

What is the difference between a loan processor and a mortgage underwriter?

Posted on November 28, 2011 by

Also, what can cause a closing date to get changed on a mortgage?

Posted in loan processor | Tagged , , , , , | 7 Comments

How do Mortgage loan officers make their money?

Posted on November 13, 2011 by

I’m getting a mortgage loan through a mortgage company but the guy that is giving me the loan seems a little bit to excited. How much money is he making off of the loan of 170,000 and what should I … Continue reading →

Posted in loan officers | Tagged , , , , | 6 Comments

As a mortgage loan processor should I prepare the 1003 and 1008 or is this the loan officers job?

Posted on November 6, 2011 by

My loan officer is hardly at the office and is always calling me do submit files to underwriting but 1003 are not even completed. Is it ok if i prepare them. Or is this the loan officers job.

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