Is Citibank And Citimortgage The Same Company? Citimortgage is a subsidiary Citigroup Inc, and according to Wikipedia is “an American multinational investment banking and financial services corporation headquartered in Manhattan, New York City”. 1 The parent company company has a number of subsidiaries including Citibank. What happened to CitiMortgage? CitiMortgage has teamed up with Cenlar
Can You Be Turned Down For A Loan Modification? Possible reasons for a modification rejection include insufficient income, high debt-to-income ratio, missing documents, or delinquent credit history. According to Loan Safe, the main reason loan modifications are denied is due to a mistake on the loan officer’s side. Can a loan modification be denied? The
Can You Refinance Your Camper With Bank Of The West? The simple answer to the question, “Can you refinance an RV loan?” is YES! There are many resources available for refinancing an RV including local banks and credit unions. Does Bank of America Do camper loans? Bank of America: Bank of America only offers RV
How Do Repair Credits Work? The correct way to offer a repair credit is to reduce the home’s sale price by the amount of the credit and make that the new purchase price. In the end, the seller goes home with the same amount of money. What is a credit in real estate? Debit and
Can You Contact Fannie Mae? Can you contact Fannie Mae? Contact the Fannie Mae Resource Center , or call 800-2FANNIE (800-232-6643), Option 4, if Fannie Mae owns your mortgage or for more information about a Fannie Mae lender. How do I file a complaint with Fannie Mae? If your issue with Fannie Mae, Freddie Mac,
Can Lender Cancel Loan After Funding? Can Lender cancel loan after funding? Yes. For certain types of mortgages, after you sign your mortgage closing documents, you may be able to change your mind. You have the right to cancel, also known as the right of rescission, for most non-purchase money mortgages. Can a loan be
Do Loan Processors Need A License? Do loan processors need a license? You must have a loan originator license if you work as an independent contractor Loan Processor (receive a 1099) for a loan processing company. You must work from a licensed location under the loan processing company’s mortgage broker license. What does a loan
What Does Default Mean Does It Occur Only When Borrowers Fail To Make Scheduled Loan Payments? What does default mean does it occur only when borrowers fail to make scheduled loan payments? What does default mean? Does it occur only when borrowers fail to make scheduled loan payments? Default means that the borrower has failed
Does Kabbage Do A Hard Pull? Does kabbage do a hard pull? Yes, as part of the application process, Kabbage will perform a hard credit pull on your personal and business credit scores. What credit bureau does Kabbage pull? Kabbage will perform a hard credit check (through Experian) with the borrower’s consent, once a loan
Does Freddie Mac Do Loan Modification? Does Freddie Mac do loan modification? Fannie Mae and Freddie Mac offer loan modifications to eligible troubled borrowers so they can avoid foreclosure and stay in their homes. What qualifies you for a loan modification? Who is eligible for a loan modification? To qualify for a loan modification, a