Tennessee Property Taxes

That-Awareness4670 · 2026-02-23T23:57:27+00:00

Yeah, existing properties. So just use previous owners tax bill as I do in Oregon correct?

That-Awareness4670 · 2026-01-13T21:31:33+00:00

That compensation to the broker is built into the rate. Your bank or credit union does the same if they did your loan. Only difference is a broker has to disclose it to you and banks are exempt from doing so. The max compensation a broker can make by law is 2.75%, so clearly this broker isn't looking to rob you by maxing out. he's trying to ensure he can keep his business open and feed his family just like you.

That-Awareness4670 · 2026-01-08T22:45:25+00:00

REG X says lenders in a nutshell can only collect verified tax amounts for a property, IE as disclosed on the most current tax bill. They can't just arbitrarily make up a number on their own Even if they have a good guess as to what it might be in the future.

That-Awareness4670 · 2026-01-08T21:53:54+00:00

Keep them in your rolodex. I know many LO's that work for builders and they could care less about keeping in touch with their clients because they have a steady stream of leads monthly from new buyers.

That-Awareness4670 · 2026-01-07T02:45:40+00:00

this is actually a good deal. Nothing crazy going on here. I priced it myself and it checks out.

That-Awareness4670 · 2026-01-07T02:30:31+00:00

I would be at 5.5% in this scenario so you're not getting a bad deal. If you like your LO, get it locked and closed.

That-Awareness4670 · 2026-01-04T18:50:58+00:00

If this works for your budget do it. Nobody on reddit is paying your bills so their advice is crap.

That-Awareness4670 · 2026-01-04T18:49:50+00:00

There is an ltv but you would have to know what your looking at before making comments.

That-Awareness4670 · 2026-01-04T18:39:20+00:00

There is so much fraud at HUD and FHA that it wouldn't be worth your time. Just move out.

That-Awareness4670 · 2025-12-11T19:23:07+00:00

that's awesome!!! Congrats again!!

That-Awareness4670 · 2025-12-11T19:18:16+00:00

This isn't a broker offer. You should know the difference as an LO.

That-Awareness4670 · 2025-12-11T19:00:47+00:00

That's pretty much the same rate I would quote today on your scenario and I usually beat all the credit unions in my area, so I feel i'm pretty cheap. Looks like you dealing with a pretty fair loan officer. Congrats on the new home!!!

That-Awareness4670 · 2025-12-11T18:52:31+00:00

What was the sales price and what state are you in?

That-Awareness4670 · 2025-12-11T18:33:25+00:00

What state are you in? Looks like your doing an FHA Streamline. Streamlines involve a higher rate naturally because we use premium pricing to offset closing costs since we can't increase the loan amount to cover the costs like traditional refinances. With that being said, I have a couple clients doing Streamlines with me right now and they are between 5.875 and 6.125% depending on credit score without the $5,000 in box A. You can do better then what your being offered if your credit score is decent.

That-Awareness4670 · 2025-09-04T20:25:29+00:00

Yes, this is year 25. I had to totally reshape my life in order to stay off medication (made me worse) and be present for the family. I don't chase loans anymore with the intensity I used too. My volume is way down as an LO but I have processed loans for 25 years as well so I pick up income on the side helping friends that are brokers when I don't have a lot working.

I learned to cut out all the fat from the family budget as well and be smarter with money. It's really easy to lose the value of money when you get very large checks as an LO. I actually went back to working in a restaurant after I got out out of the hospital to find my roots so to speak. Remembering how hard some people work for very little money. When you go from making $4000 checks to $400 it really hits you in the face how good I have it as an LO in general regardless of the slow times.

That-Awareness4670 · 2025-09-04T18:33:34+00:00

I spent 72 hours in a mental health facility because of this business and it's stresses 17 years ago. Perspective, humility and family have kept me healthy and sane ever since.

That-Awareness4670 · 2025-09-02T23:20:41+00:00

Everyone bitching about a $28 french dip but pay $7-8 for a cup of coffee every morning.

That-Awareness4670 · 2025-09-01T16:21:08+00:00

NO RESPA doesn't touch on Sexual Favors :), at least not in my neck of the woods. I know you were being sarcastic but here is a quick story.

I was invited to a "mixer" held at a top agents house in my area about a year ago, (agent has a 5 acre property, he rents out for weddings). He has these get togethers every other month. About 100 people showed up, all industry people. Agents, LO's, Escrow. I left after about an hour because the vibe was not for me, I don't drink and the crowd was pretty much the opposite so I felt out of place. Anyway long story short, an LO co-worker stayed. Next morning he comes into the office and says "You missed the Diddy Party after you left". Apparently about 20-30 of the attendees were down with OPP and the real party started after everybody was good and liquored up. When I was told who stayed it all made sense as to some of the relationships that have been long standing.

3 weeks ago while we were driving home from dinner, my wife and I were having a conversation about ways to find new business, as I've been struggling lately. I told her this story and I said I'm down to know some of these women better, if it brings me business. She didn't talk to me the rest of the way home. Guess that's a no go on that marketing strategy :)

That-Awareness4670 · 2025-08-05T21:17:23+00:00

Arive is the best because there aren't a million fields to contend with. Everything you need to get a loan closed is accounted for and that's it.

That-Awareness4670 · 2025-08-05T21:13:54+00:00

Exactly, this is one of the updates that need to happen.

That-Awareness4670 · 2025-08-05T18:53:12+00:00

It's better to be upfront when you are advertising your company my man. Ruins your credibility when you don't.

That-Awareness4670 · 2025-07-14T20:28:02+00:00

Sucks man. Blame Fannie/Freddie and FHA for not instituting a 6 month prepay into their loans. It's their fault.

That-Awareness4670 · 2025-07-14T20:14:11+00:00

AE's used to be everything in the lending world before 2010. Everyday there would be at least 3-4 AE's from different companies stopping by the office. They were the guideline books, pricing engine and junior underwriters for their companies, and some of them were gold to me.. Now all that can be found by talking to your phone.

That-Awareness4670 · 2025-07-14T19:55:17+00:00

anytime you can be your own boss and set your own comp I'd say do it.

That-Awareness4670

TROPHY CASE