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Time is Valuable: Knowing what you can and cannot afford can save you time and frustration in the house hunting process. This will help your Realtor find the perfect house in your price range. Move in Quicker: Having Mortgage Pre-Approval will save you time when you submit your complete mortgage application for approval.
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Former NBA player Tate George gets 9 years for running real estate Ponzi scheme Tate George is a University. to an alleged $2 million ponzi scheme he was involved with in New Jersey. (Prosecutors) say George used his company to get more than $2 million from investors for.
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If your credit score is between 500 and 579, you need to make a down payment of at least 10 percent to get an FHA mortgage. But first you would have to find a lender that would approve the loan.
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How to increase Mortgage Loan Processing efficiency. March 19, 2012. Loan processors can get overwhelmed with following up on different documents from multiple sources (including 3 rd-party service providers) that are required to close a loan.They need to interact with loan officers, underwriters, borrowers and 3 rd-party service providers to be able to fulfill conditions on a loan application.
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