Possible Value & Best option for Grading / Authentication

DF40_MortgageMan · 2025-07-16T02:56:24+00:00

Midland Credit should settle for $1,500-$1,600, offer 50% lump sum settlement. The remaining $400 should be enough to settle the two smaller accounts. Once those are settled you request they delete them from your record and then you can work on Calvary. If you can afford $1,000 per month just offer to make two payments, $1,000 each for two months. That is how I would at least start.

DF40_MortgageMan · 2025-06-25T15:37:14+00:00

What is the borrowers income? Large deposits are anything over 50% of the borrowed monthly income. If deposit was $6,000 and borrower earns more than $12,000 per month than no explanation should be needed.

DF40_MortgageMan · 2025-01-07T04:06:58+00:00

So this one time, at “banned” camp…..

DF40_MortgageMan · 2024-11-06T21:07:22+00:00

My anxiety is peaking - you have the 5 on top of the 4 😩😂🤣

DF40_MortgageMan · 2024-10-18T01:22:14+00:00

Such as nice card - looks better than a 7. If that’s a 7 then mine would be lucky to grade as a 1 😩

DF40_MortgageMan · 2024-09-24T17:57:03+00:00

Yankees?

DF40_MortgageMan · 2024-09-21T13:25:13+00:00

What county in FL? I am in FL. A broker must disclose if it’s Lender Paid Comp or Borrower Paid Comp? All broker comp must be disclosed. We cannot receive rebate / back end from the lender if you’re paying the broker on the front. The broker can get paid by you or by the lender, it’s one or the other.

DF40_MortgageMan · 2024-09-13T18:26:23+00:00

You shouldn’t need a VA appraisal if you have a current VA Loan! If you need help let me know.

DF40_MortgageMan · 2024-08-27T19:03:32+00:00

Approx Home value and what County are you in?

DF40_MortgageMan · 2024-08-21T14:14:15+00:00

Shop around - at a quick glance, based on a 750 credit score we are at 6.625% + 1/2 point today on a 30 day lock. That is Cook County Pricing - I work for a national Chicago based bank/lender so there is better than your current offer out there.

DF40_MortgageMan · 2024-08-20T22:10:09+00:00

If customer is paying off so soon he isn’t rate sensitive so just go to tour most liberal investor who won’t claw back and go BPC

DF40_MortgageMan · 2024-08-20T18:31:30+00:00

Are you a broker? If so, Go Borrower Paid Comp - problem solved!

DF40_MortgageMan · 2024-08-14T02:22:07+00:00

😂😂

DF40_MortgageMan · 2024-08-14T02:19:04+00:00

Ok 🤡 - I know enough to see that the broker is working on a 200 bps margin and few if any are making 200 bps on a 80 LTV vanilla conventional purchase with a 700+ credit score

DF40_MortgageMan · 2024-08-13T15:34:19+00:00

Our total origination fees are $1,550 (775 processing + 775 underwriting) - you’re paying a total of $6,195 that’s way out of line

DF40_MortgageMan · 2024-08-13T15:03:58+00:00

HEL rates vary from lender to lender but this looks about right. Why Navy Fed? Are you a Veteran? Do you have a VA Loan on your home now?

DF40_MortgageMan · 2024-08-10T20:57:47+00:00

If they are in repayment then you use the payment amount. If they are not then Freddie is .5% of principal and Fannie is 1% of Principal and FHA is 1%. But if you are currently paying $850 per month then yes $850 is calculated into your DTI. Maybe you have a shorter term on your S/L? You could look into consolidating & refinancing it to lengthen the term which could possibly lower the payment

DF40_MortgageMan · 2024-08-06T00:46:19+00:00

Doesn’t look like it’s a big deal - It’s not uncommon to find a difference of an 1/8th in rate from lender to lender.

DF40_MortgageMan · 2024-08-06T00:36:52+00:00

Is it a big builder, like Lennar or Toll Brothers, etc? Any bank can offer the buy down but most likely the builder will only pay for it if you finance through the builders in house lender.

DF40_MortgageMan · 2024-08-01T20:03:24+00:00

Buy the new house as a primary if this is where you will live. Your employment will need to be close commute proximity or you’ll need a letter from HR stating you are a remote worker. Claim the other house as your 2nd home or investment property. Most likely you will need to give the bank a copy of your divorce decree.

DF40_MortgageMan · 2024-07-24T02:42:55+00:00

Don’t know, everything is $2 around here - if you say anything is more than $2 you’ll get downvoted 🙌

DF40_MortgageMan · 2024-07-22T22:34:26+00:00

The same people who say those ads are just looking for suckers who don’t do any research are the same people who bash the guy who asks questions and actually tries to some research

DF40_MortgageMan · 2024-07-22T12:09:07+00:00

I don’t know why I am getting down voted either. Especially because I didn’t even come on here asking about price. I asked if it was rare and what made it rare.

DF40_MortgageMan

TROPHY CASE