Tanya P asked:


I am looking to get into a mortgage career in California, and was wondering the difference between how commercial loans and residential loans commision splits are handled, since there is a larger amount of money people are borrowing between the two? ( if the is one) ….
If they vary between companies. Could I just get a basic example of each split? ( i.e. I know with Res. loans, you can make commision off of “points” or % of the loan), does that system work for Commercial as well with certain companies? Or is it something totally different?

CHAD

Joshua S asked:


Just trying to get some background info before i chose

ALTON

hichefheidi asked:


Or did Alan Greenspan lower interest rates on mortgages in response to a failing economy, in order to stimulate growth? Just wondering why the cons are patting themselves on the back for that one…

And to everyone who answered this one honestly the last time around, thanks…I had to rewrite on account of my misstatement. Now that you can’t make fun of my error, could the rest of you answer this question?
no, dlil, you DIDN”T answer the last question, just tried to hurl petty insults, same as now. And thanks for reminding me that foreclosures are at an ALL TIME HIGH. If you want to disprove me, please provide a link. In the meantime, answer the question (and try to leave Clinton out of it lmfao)

RICKY

Ken asked:


I’m considering buying a 2 apartment building with a store front. Does this require that I get a commercial loan or can I still use the lower rate Residential loan if I plan to use it as my primary residence?

IAN

pinchebarron asked:


I pay my home mortgage to American Home Mortgage and I just saw online today that they are filing for bankruptcy.

GRAHAM

S_Monica asked:


I have been looking into this for my Dad, but it really seems to good to be true. I know there has to be a trick to this.

HERSHEL

Inquisitive asked:


I would like to get a jumpstart on a new position by studying coursework on commercial loan processing. Many of the online sites cost quite a bit and the library locally doesn’t have much to offer in the way of resources.

WAYNE

MrsSilentWarrior asked:


When we got our commercial loan, our loan officer told us that “all commercial mortgages are ARM.” Although we got in on the low interest rate boom 4 yrs ago, our payments are now almost doubled. Any suggestions?

EZRA

khulet asked:


I’m trying to discover the # of US home mortgages and auto loans financed by banks in the US and the average value of each type of loan. It’s for a school project.

GORDON

rflatshoe asked:


What do you think of their service? Any bad experiences? Did they give you options to lower your interest rate?
I am currently being offered 6.4% for a 30 year fixed.

I do notice that the interest rate offered is slightly lower for those with better credit, higher income and stable employment history. The published rate is 6.5%.
None of the answers were helpful. I will repost at the end of the week.

KURTIS