Most Popular Lending Content
Eligibility to Rescind
06/03/2002
On a home equity loan, if there is anyone over the age of 18 living in the home at the time the loan is approved, do they have to sign the deed of trust even though they are not on the original deed of trust?
Understanding Due on Sale vs. Right of Offset
06/03/2002
I have a construction loan promissory note that contains the "Right of Setoff" paragraph in it,along with the normal "due on sale". What are the ramifications of this combination on the promissory note?
Statistics, Facts, & Such
06/01/2002
- 78% of U.S. households are deemed "credit worthy" by the lending industry. From those households, 185 million consumers carry the 1.2 billion credit cards in circulation in the U.S.
Whose Signature Are You Requiring?
05/27/2002
Are W-9s required for all loan customers?
05/20/2002
Are we required to obtain a W-9 on our loan customers. Our data processing company issues a TIN missing or not certified exception on a number of our loan customers. I'm unclear on how to deal with these exceptions.