Posts Tagged closing-costs

The Problem with Good Faith Estimates

Rhonda Porter on 05 27, 2007 | 116 Comments

The document that savvy shoppers use to determine which loan originator they will work with is called a Good [photopress:beef.jpg,thumb,alignright]Faith Estimate.  It is supposed to be just that an

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Bribery to Work with the Builder’s Preferred Lender

Rhonda Porter on 05 6, 2007 | 76 Comments

When ever I’m working with a home buyer who may be considering new construction, I know I might lose them to the builder’s in house lender.   Often times the builder will offer an enticing cred

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How Loan Officers Harvest Seller Paid Contributions: An escrow perspective for buyers and sellers.

Lynlee Kane on 04 25, 2007 | 45 Comments

Preface: Last week Rhonda Porter brought up the topic of “Are you leaving too much on the table.” The latter part of her post suggests that the Loan Officer harvested the amount of seller contr

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Second Opinions on Good Faith Estimates

Rhonda Porter on 03 25, 2007 | 23 Comments

[photopress:MPj03867450000_1_.jpg,thumb,alignright] A few weeks ago, one of the Realtors I work with, Suzy Seller, contacted me to see if I could help her client with an out-of-state mortgage.  

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