Sometimes lenders will require that LMI be paid for a fixed period (for example, 2 or 3 years), even if the principal reaches 80% sooner than that. Legally, there is no obligation to allow the cancellation of MI until the loan has amortized to a 78% LTV ratio (based on the original purchase price).
Although many [...]
From the category archives:
Mortgage Companies
Cost of Mortgage Insurance
oDesk Mortgage, Finance and Loans Workers
I thought i’d post this one up because oDesk has a lot of talent in the mortgage, finance and loans sector. For example here are a couple of random profiles:
“My background includes four years of Mortgage Loan Processing, which necessitates meeting end-of-month quotas on closing loans, the need to meticulously proofread documents provided for accuracy [...]
Refinancing Your Home Mortgage
When it comes to getting the all American home you have been looking for, or for leveraging the equity in your current home in order to get the things you need, you will find that there are many Home Mortgages designed to meet your needs.
Buying a home in America is one of those expenses that [...]
American Home Mortgage
American Home Mortgage Investment Corporation was the 10th largest retail mortgage lender in America and was structured as a real estate investment trust commonly known as REIT.
It has filed for bankruptcy and the company stated that it was focused on earning net interest income from self-originated loans and mortgage-backed securities, and through its taxable [...]
Apply For a Mortgage
How to apply for a Mortgage? Well applying to get a home loan aka mortgage is probably one of the single biggest things a person or couple will do especially when it’s your first house, and dreams of starting a family and having your own home.
Firstly, most lenders usually pull reports from all three bureaus, [...]
Loss Mitigation Phone Numbers
I have gathered a list of the primary mortgage and loan lenders Loss Mitigation Departments phone numbers, this will hopefully assist people as sometimes the numbers can be difficult to find.
Please note, I’ve done my best to ensure these phone numbers are correct and accurate however i have not called every one of them. If [...]
National City Mortgage Company
National City Mortgage Company
Headquartered in Miamisburg, Ohio, is a division of National City Bank. Since 1955 we have worked hard to become a respected mortgage lender trusted by hundreds of thousands of homeowners for one of the biggest financial decisions in their lives.
Specialize in originating residential mortgage loans through our retail, wholesale and telemarketing channels. [...]
EMC Mortgage Company Contact Details
About EMC Mortgage:
EMC Mortgage Corporation (EMC) is a wholly owned subsidiary of The Bear Stearns Companies Inc. We are a mortgage banking company specializing in the acquisition, securitization, servicing, and disposition of residential loans. Our proven success is built on a foundation of providing competitive pricing and excellent portfolio management. This disciplined focus has enabled [...]
