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Can a mortgage broker perform an appraisal for their clients?

Can a mortgage broker perform an appraisal for their clients?

My family lives in Wisconsin and are looking at purchasing a house. I’ve heard that the mortgage company I’m working with does their own appraisals on properties their clients are interested in purchasing. Can they perform the appraisal or should it be done by another party who has no interest in the outcome of the property? Does the mortgage broker have to notify you that they will be performing the appraisal? I have searched the mortgage lenders site several times and have never seen anything about them doing appraisals. The house that I’m interested in, they did the appraisal and never said to me that it would be done by them.

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My family lives in Wisconsin and are looking at purchasing a house. I’ve heard that the mortgage company I’m working with does their own appraisals on properties their clients are interested in purchasing. Can they perform the appraisal or should it be done by another party who has no interest in the outcome of the property? Does the mortgage broker have to notify you that they will be performing the appraisal? I have searched the mortgage lenders site several times and have never seen anything about them doing appraisals. The house that I’m interested in, they did the appraisal and never said to me that it would be done by them.

My family lives in Wisconsin and are looking at purchasing a house. I’ve heard that the mortgage company I’m working with does their own appraisals on properties their clients are interested in purchasing. Can they perform the appraisal or should it be done by another party who has no interest in the outcome of the property? Does the mortgage broker have to notify you that they will be performing the appraisal? I have searched the mortgage lenders site several times and have never seen anything about them doing appraisals. The house that I’m interested in, they did the appraisal and never said to me that it would be done by them.


Housing loan in India?
Hi, Im planning to take home loan in L&T Finance, can anyone tell me how L&T is? Can anyone explain me how to calculate EMI for housing loan. Ex: I will take 50 lakhs rupees as loan for 20years at 10% interest rate. As per L&T the EMI is 48,251/- Rs. How to calculate my EMI if I pay some 5 lakhs after 12 months.””
“”
Hw do you stop someone from charging your credit card.?
Im 19 yrs old and have never had a credit card before. My mother disappeared when I was about 5 years old and I wanted to find her, so I went on the Intelius people search website and asked my boyfriend’s dad to use his credit card to charge 1.95 to see the results of my mother’s adresses. Next thing you know I go back on the website and find that I have been automatically subscribed to a monthly service of 19.95 for an identity theft protection”””” service that was NOWHERE in the fine print””
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“”Is a credit card a good, service, or idea?
yes and no is not an answer…
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#repost

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“”How to buy car with only cash down payment, no loan?””
I would pay off the rest of my car with my own money, not a loan. “”
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Should I go with a cash advance credit card fixed 3.99% or home equity 6.25% variable?

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What exactly shows up on a credit report?
My mom has been thinking of buying a car from the dealer. I know they check your credit and was wondering what exactly shows up on a credit report and if they show you the stuff that shows up?
“”
Are Georgia residents not able to receive payday loans?
If they are, could someone direct me to a website that will not just keep sending you to other websites to continually fill out applications that then send you to other websites.””
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#repost

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Will my credit keep me from getting hired?
I just received a job offer from a large company, which is contingent on a background check that includes credit. I graduated from grad school a year ago and fell on some hard times since I couldn’t find a job right away. I have two credit cards that are maxed out ($4K and $2500 balances) and have had several late payments over the last year. Nothing is in collections and I’ve had no bankruptcies or anything major like that. Will the maxed out credit cards and late payments have any affect on my job offer or do they just look for major stuff? I’m freaking out since I really want the job, but I’d had a rough time financially over the last year.””
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#repost

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Do I have to pay my mortgage late fee?
I had my mortgage getting auto-payed through my online banking, but the mortgage company increased the amount of my mortgage by like $15 and I didn’t see it. So as it goes, every months payment was considered late due to how they apply your payments. I now have about $600 in late fees. Do I have to pay these? Is this going to kill my credit. Thanks for any advice :)””
“”
Personal loan to pay closing costs?
Our good faith estimate says that we’ll need roughly 7,600 dollars cash if the SELLER pays the closing costs (there are still some closing fees that the buyer is responsible for) And then we rounded the number UP becuase we’re taking inspection fees and lawyer fees into consideration (we’re saving 1,000 for each even though we may only need 500 for each. Its better to save more than to find out we dont have enough!!)””
“”
What are some good ways to help build credit?

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Will this secured loan really help me build credit?
I went to my bank a few weeks ago to apply for a credit card to try to build some credit. The man I spoke with said that I probably would not be approved (and I didn’t) because I didn’t have any credit. He said I should take our a secured loan with them for $1,000 dollars with 8% interest. Is this loan really going to help me build a good amount of credit? Also how quickly could I pay it off and still build credit? I may be mistaken but I heard once that if you pay off a loan too quickly then it will hurt your credit. Thanks in advance.””
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#repost

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What are some ways I can improve my credit?

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Does anybody know a site where I can get a free credit report?
Not the ones where you have to sign up for one month for free and have to cancel before the 30 days. Someone had said that there is a site where anyone can get 1 free credit report per year. Thank you…
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#repost

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I need a $2000 loan. but payday services only offer up to 1500. What are my options if my credit isn’t good
Is that possible to take out 2 payday loans concurrently?
“”
#repost

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Does anyone know a company that will finance me for an auto loan with bad credit?

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#repost

“Can a mortgage broker perform an appraisal for their clients?

My family lives in Wisconsin and are looking at purchasing a house. I’ve heard that the mortgage company I’m working with does their own appraisals on properties their clients are interested in purchasing. Can they perform the appraisal or should it be done by another party who has no interest in the outcome of the property? Does the mortgage broker have to notify you that they will be performing the appraisal? I have searched the mortgage lenders site several times and have never seen anything about them doing appraisals. The house that I’m interested in, they did the appraisal and never said to me that it would be done by them.


Best credit agencies for very poor credit?

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How can I check my credit score without credit card?
How can I check my credit score without credit card? I know there r many sites which says that just give credit card # and its free for 10 or 30 days, BUT I don’t have a credit card and I wanna check my credit score immediately.So what r the options?””
“”
Is there any Tennessee state law cocerning cash advance companies?
I have several of them out n heard that I might have more than the law allows for Tennessee.. I didnt know the law at the time but I have heard it.
“”
“”What is a good place i can get a personal loan of $7,000?””
I need a personal loan of at least 7,000 and would like to pay it back in a period of over 5 years i think. How does it work when you get a loan, do you have to pay it back monthly or as long as it is paid back in the designated time you selected such as 5 years? Where is a good place to get a fast loan of $7,000 with bad credit?””
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#repost

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#repost

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What happens if a broker cannot sell your new mortgage loan because of the current state of the loan industry
I recently closed escrow on a new home mortgage, but because of the recent changes in the home mortgage industry, the broker cannot sell the loan to a traditional bank. In otherwords, from what I am being told by my loan officer, is that when the loan funded, the bank that was to buy the loan closed its doors. Now that brokerage is stuck with the loan… Is there anything I should be concerned with?””
“”
Bank Account For Un Born Child!?
I would like to set up a savings account for my unborn baby, I want to do this early, but is there a way??? Would banks allow that??? It’s never too early to set up something good for my baby!””
“”
Where online can i get a free credit report that does not require a credit card number to recieve it?

“”
What is the best way to refinance a mortage?
I currently have a fixed rate of about 12%, and I was wanting to see what my options were for refinancing. Can I trust such online services as Ditech.com or Loantree.com?””
“”
Will getting a loan from ace cash express and paying it back over time build my credit score ?

“”
Wh are there so many pawn shops & Payday Loan stores in black neighborhoods?
I drive down this one main street in the large city I live in where the neighborhood changes from white/mixed to all black & I notice that in the black areas, there are large quantities of pawn shops & Payday Loan stores. Why is this?””
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Any way to accept payment online without credit card or bank accounts?
I make beats and I want to sell them online but I can’t get a credit card or bank account. Is there any alternative way to receive payment without having either of those?
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How long does Bankruptcy stay on your credit?
Chapter 7
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“”Does leasing a car effect your debt to income”””” ratio in the eyes of a lender?””””
Is a car lease calculated into your debt to income ratio just like a traditional auto loan? Is the lease considered a loan in the lenders eyes?
“”
What is a 5/1 AMR mortgage and is it worth it ?
We only have about 7 years left to pay on our home (refinanced to a 15 yr. mortgage) but the monthly payments are high.
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Free credit report?where can i get one?
I used to get a report. From 3 agencies for free because I was considered low income.I don’t remember the website anymore .I found a site that says their free however their asking for 10.50.
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“”When applying for bankruptcy, are you required to give up all credit including car leases?””
when applying for bankruptcy, are you required to give up all credit including car leases? my last resort is to apply for bankruptcy and i have 2 cars that i am leasing that i dont want to give up. is it possible to have everything else into the bankruptcy but the 2 cars?””
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Are there different types of auto loans?

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Auto loans for project car?
i want to start my project car. i have a bank account with bank of america. debit and credit. i was wondering if i can get an auto loan for about $5000 to start. i already have a working 2011 hyundai sonata. the car is under my parents name but i make the payments. would that or the fact that i have zero to no credit score prevent me from getting a loan? i dont have an employment history that is worth looking into. i am 20 years old and i live with my parents. i havent started college yet. i am also a us army reserve and have been in the military for about a year and half would that help me get the loan? my purpose in starting my project car is to learn the mechanic trade. and to enjoy driving a car that i have built from scratch. i have been learning from friends and other people that i know. i have zero to no knowledge on this financing stuff. also i am planning on going active duty in about a year more or less.
“”
Loan on stimulus payment?
Can I get a loan against my stimulus rebate check? I was expecting to have it by now, now I am in debt and need to pay some bills asap. Anyone know how or where other than payday loans?””
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I am a little curious about bankruptcy?
Okay, before any of you ask no this is not happening to me nor is anything similar. I’m just vaguely curious about it. Say a couple is in bankruptcy and with major debts, they’re losing a lot of their things like their house and their vehicles. If the couple files a divorce during the bankruptcy, how are the debts and fines distributed or does only one have to deal with that issue?””
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Can my mortgage be denied after underwriting and commitment?
My husband and I are purchasing a new construction. As a part of the contract, we were required to submit a pre-approval letter at the time we signed the contract. We also were required to submit a loan commitment letter within 30 days of the contract date, which we fulfilled. My mortgage broker said the commitment process is like going to close. We plan to close in about 30 days or so. Is it possible for our loan to be denied at the last minute even though we have a commitment letter? This is our first mortgage and we appreciate any information or help that could relieve our worries. Thanks!””
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Why is my credit score zero?
I checked my credit score yesterday on free credit report.com and my credit score says 689 but when i went to get a loan for a car at a dealership today they said my credit score showed zero?? they could see my stuff on there from my past and all was good but didnt know why my credit said zero? Please help with honest answers. If you have no clue please dont respond or just say something stupid like i see alot of people do. Im asking for real advise. Thanks to anyone who can help
“”
#repost

“Can a mortgage broker perform an appraisal for their clients?

My family lives in Wisconsin and are looking at purchasing a house. I’ve heard that the mortgage company I’m working with does their own appraisals on properties their clients are interested in purchasing. Can they perform the appraisal or should it be done by another party who has no interest in the outcome of the property? Does the mortgage broker have to notify you that they will be performing the appraisal? I have searched the mortgage lenders site several times and have never seen anything about them doing appraisals. The house that I’m interested in, they did the appraisal and never said to me that it would be done by them.

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