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BungalowMo

Advice

  • (295 Contributions,
  • 2 Best Answers,
  • 106 Helpful)

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Nationstar Mortgage....

Answer

So Mark...that person was with Nationstar at the time??Do YOU do Virginia refi's??  :0)

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Nationstar Mortgage....

Answer

The main issue I have read that concerns me is that when they buy your mortgage, they do not send you your paperwork (mainly acct #!!) in a timely manner, which means your very first payment with them is late!As I said, I will give them a chance to get my information mailed to me by Thursday, the 15th, as promised by Chase. If I do not get it by Monday, the 19th, then I won't be so pleasant.I guess I'm just approaching this as guarded.  I have never looked into a company that has nothing but nasty stuff as soon as you google their name.  Not even a mix of good & bad.

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Nationstar Mortgage....

Answer

I guess all I can do is wait & see.  Until now, I have always paid my mortgage from my acct on the Chase website with my banking info saved in there, I think with this one, I might push the payment from my Credit Union until I decide they're cool...

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Can a new buyer assume an existing home insurance policy from the seller?

Answer

By "assume", do you mean just keep their policy?  For that I'd say no.But...you can call them, tell them you are purchasing a property they already insure & would like to use them as well.Unless you've seen the seller's policy, you can't know if it's a good deal or not.

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picture of tenant requested BEFORE showing apt?!

Answer

I find that to be extremely unethical.If a realtor is afraid to show an apartment or home by themself, then maybe they need to get into another business.I do understand from the agent's point of view, but let's get real....the way someone looks is no indicator of whet they may or may not be capable of.I bet you'd have no problem showing a property to Ted Bundy or Richard Ramirez if you'd never heard of them!http://en.wikipedia.org/wiki/Ted_Bundyhttp://en.wikipedia.org/wiki/Richard_Ramirez

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Nationstar Mortgage....

Anyone have any personal insight into them??Chase sold my mortgage to them & their reviews are horriffic!

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NEED A LENDER THAT WILL USE MY CREDIT SCORE BUT MY HUSBAND INCOME

Answer

Spill the bad news...what is on his credit keeping him down?My credit was in the toilet years ago & there are things you can legally do to fix bad, paid accounts.  Even accounts he is paying off.The simplest thing, like writing them a letter & asking them to work with you.  I had *major credit card co* totally remove my negative account 2 years early, simply by asking.  Yes...it took a couple letters, but it worked.What they report has to be correct.  The fact that they removed that tradeline altogether was perfectly legal.  They are under no legal obligation to report at all.Whatever you do, don't get them angry....be sweet & sincere & you just never know....Been there & done it!

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Where do mortgage companies get my credit score? From all 3 bureaus, or just one?

Answer

There are MANY kinds of scores!You can buy them directly from the big 3.....lenders do not use themYou can get them from free sites like Quizzle, Credit Karma, etc....lenders do not use these either!Even when you buy your scores directly from the myFICO site...those scores are what banks use to approve credit cards.  Those 3 are the closest to the real deal, but can still differ from a "Mortgage Pull" .  Mortgage lenders pull a Tri-Merge report from Equifax, Experian & Trans Union.  These scores are calculated using a different scoring algorythm than credit card scores, like on FICO.  Even though....the tri-merge report gives you 3 FICO scores.  They are Mortgage FICOS.If you go to an auto dealer & want to get financing, they can pull 1, 2, or all 3 reports.  Those scores are also FICO's, but they are considered "Auto Enhanced" scores, as in for an Auto loan.Bottom line, if you have clean reports with a few years' history, you should be ok. The FICO scoring system is different for each kind of product (credit cards, auto loans & mortgages), but also for each different Credit Reporting Agency. On any given day, you will have 9 uniquely different FICO scores in all.

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