Aug
31
Is there a difference on how commission splits are handled between commercial loans & residential loans?
Filed Under Renting & Real Estate | 2 Comments
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
Aug
29
what types of loans can a commercial bank make that a credit union cannot?
Filed Under Credit | 4 Comments
Just trying to get some background info before i chose
ALTON
Aug
29
Did Bush lower INTEREST rates on home mortgages during his presidency?
Filed Under Politics | 4 Comments
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
Aug
25
Does buying a house/building with a store front require a commercial loan?
Filed Under Renting & Real Estate | 2 Comments
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
Aug
17
What does it mean when the company that you pay your home mortgage files for bankruptcy?
Filed Under Renting & Real Estate | 11 Comments
I pay my home mortgage to American Home Mortgage and I just saw online today that they are filing for bankruptcy.
GRAHAM




