Loan Modification & Selection Portals

11 responses. Wanna say something?

1. 
   evanswanson
   Jul 16, 2009 at 05:05:45
   #1

   very professional response b of a.

2. 
   mortgagebrokerdave
   Jul 16, 2009 at 05:05:45
   #2

   That is a great video, you break it down very well.

3. 
   MrMortgage1
   Jul 16, 2009 at 05:05:45
   #3

   lots of info here

4. 
   MrMortgage1
   Jul 16, 2009 at 05:05:45
   #4

   A good mortgage is like a work of art.

   mortgageartist. com

   Your path to the best free mortgage information resource around.

5. 
   smmiller777
   Jul 16, 2009 at 05:05:45
   #5

   I am a mortgage underwriter and PMI is for conentional loans only. FHA loans have MIP. This is not new. No, mortgage insurance is not required on a conventional loan when 20% is down. If less than 20% PMI is required. The 3% loan he speaks of is now 3.5% now in todays market is an FHA loan. Most folks that do not speak on that type of loan is not approved to do FHA loans. Not too many companies do 2nd liens any more. The lender is the best loan to do because the fees are less.

6. 
   friedmanrc
   Jul 16, 2009 at 05:05:45
   #6

   Mmmmm, that doesn’t make sence. I work for Bank of America, and the normal customer is required to put down 20% to not pay PMI. You don’t need to pay PMI, unless you have less than 20% equity in your home. Please talk to me if you have any other questions

7. 
   friedmanrc
   Jul 16, 2009 at 05:05:45
   #7

   I work for Bank of America. We do many different scenrios for our customers. I will always give many different product scenrios based on my customer’s information. You really don’t know what your talking about.

8. 
   LtStarkiller
   Jul 16, 2009 at 05:05:45
   #8

   You are now required to have a PMI on a FHA loan for it’s lifetime? Even with putting 20% down? When did this happen?

9. 
   PAGENzx
   Jul 16, 2009 at 05:05:45
   #9

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10. 
    mannyfeseha
    Jul 16, 2009 at 05:05:45
    #10

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11. 
    DrewDownsManagement
    Jul 16, 2009 at 05:05:45
    #11

    Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.