Most Popular Lending Content
Is it Possible to Scan (and Index) Multiple Customer Documents at Once?
06/07/2015
Is it possible to scan (and index) multiple customer documents at once?
Centralized vs. De-Centralized Capture: Which is Better?
06/07/2015
Centralized vs. de-centralized capture - which is better?
1098 Tax Forms for Individuals w/o SSN#
05/31/2015
Are banks required to issue 1098 tax forms to individual loan customers who do not have Social Security number?
Early TIL/GFE for 3rd Mortgage Loan
05/31/2015
We are making a 3rd mortgage loan to a current customer. It seems ridiculous, but as far as I can tell we need to provide an early TIL & GFE. Is there an exemption somewhere I have missed?
Advance Funds Without New Appraisal?
05/31/2015
We have an existing commercial mortgage loan with an appraisal one year old. The borrower wants to put a small addition on the building and wants to borrow $50k for the addition. The LTV, with the new advance will not exceed the original LTV. Can we advance the funds without a new appraisal or evaluation based on the original appraisal (1 yr. old), no adverse change in the market conditions or deterioration of the building - actually improving the building?