Any experience on hiring a rmlo?
Hey any investors who use seller financing who wants stay in compliance with the safe act and Dodd Frank
Have you hired a rmlo and how was the process?
Most Popular Reply
Yes we have (and I also have underwritten loans as a MLO). The process is getting allthe information together like the 1003, credit authorization form, bank statements, income statements etc. they will underwrite the file and confirm the borrowers ability to repay.
What state is this in?
- Chris Seveney
7e investments
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