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  • My mortgage is in processing. What does a mortgage loan . . .
    The mortgage loan processor is the link between you, your loan officer and your underwriter And he or she is arguably the most important member of the team Many processors take your application
  • What Do Loan Processors Do? | The Truth About Mortgage
    I’ve already covered the mortgage underwriter’s role, so let’s take a look at what “loan processors” do seeing that they’re also key to getting your loan closed in a timely fashion Once a loan is originated by the mortgage broker or loan officer, the corresponding paperwork is sent along to a loan processor The loan processor is responsible for prepping and organizing the file
  • Reverse Mortgage | Americas #1 Rated Reverse Mortgage Lender
    A reverse mortgage is a loan secured by your home that can help you access a portion of your equity to receive tax-free cash without having to make monthly loan payments
  • What Are Mortgage Points? | The Truth About Mortgage
    A "mortgage point" is a fancy term used in the industry to describe a percentage point of the loan amount So if you're paying one point on a $100,000 mortgage, it's simply $1,000 Learn more about how it works and why it's charged
  • California State Licensing Requirements - My Mortgage Trainer
    California State Licensing Requirements Note: The information below is for individual MLO Licenses under the California Department of Corporations (DOC) Those seeking Real Estate Broker Licenses or Real Estate Salesperson Licenses with MLO License Endorsement should refer to the NMLS California DRE Licensing Page
  • Common Mortgage Questions – Mortgage FAQs
    An ARM is a loan that starts off with a low fixed interest rate for an initial period of time (anywhere from 1-10 years), and then the rate adjusts periodically to reflect changes in market interest rates
  • How to decipher the stack of mortgage loan disclosures . . .
    Comparing lenders with the Loan Estimate The third and final page lets you compare lenders head-to-head It tells you the total costs of the loan and the mortgage APR, or annual percentage rate
  • Home Mortgage Loans | SunTrust Mortgage
    Rest easy You've got someone on your side At SunTrust Mortgage, we take home mortgages personally That’s why you’ll find a knowledgeable person readily available to answer your questions and ease your concerns as you go through the home loan process

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