Tag: Mortgage

JMT Document Services #signing #agent, #signing #service, #service, #sign, #signing, #loan #services, #signing #services,


JMT Document Services is a nationwide mortgage loan signing service. We provide signing services for major national and regional mortgage lenders and Title Insurance companies. We need quality people with Notary Public commissions in all areas of the country to sign mortgage documents on a part time basis.

There is no investment involved. We will send mortgage documents to you as our lenders approve loans in your area.

You will meet with the borrowers and obtain their signatures on the mortgage loan documents, then return them to us in the overnight package we provide to you.

If you are interested in making extra money, we would like to know more about you and we would like to tell you more about us.

Please click JOIN US and complete the information form and send it to us. Thank you. We look forward to hearing from you.

Loan signing services on a nationwide scale! JMT maintains a NATIONWIDE network of loan document signers who can assist you with all of your loan signing needs. Let us help you in obtaining the signatures of your borrowers on your loan documents.

Our loan document signers are all licensed notary publics, experienced and trained in signing mortgage loan documents, including first mortgages, equity and home improvement loans.

The loan signers will meet with your borrower at a time and place that is convenient to the borrower. Appointments can be scheduled by your office or, let the signer save you time by scheduling the appointment for you. Just notify JMT that documents are ready, using our simple order form. Our central scheduling office will coordinate with the borrower and the signer, leaving your time free to process your next loan.

  • Completed loan documents are returned to the location you specify, using overnight delivery service
  • Our loan signers are capable of receiving your documents by fax or email

Call JMT with your special signing needs. We will work with you to develop the procedures and processes necessary to get your loans not only signed, but signed promptly, accurately and professionally, the FIRST TIME.

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Lender Lister – Business Directory #local #lenders, #residential #lenders, #banks, #wholesale #lenders, #commercial #lenders,


Search for Local Lenders

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. First Time Home Buyers. VA Lenders. Reverse Mortgage Lenders.

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Florida Crime Prevention and Training Institute – Home Page #florida, #attorney #general, #mortgage, #fraud,


Welcome to the Florida Crime Prevention Training Institute (FCPTI) website. This website contains innovative educational opportunities for crime prevention and community oriented policing strategies for officers and citizens; as well as, professional development courses for advocates, officers and victim service providers.

FCPTI has provided quality training since its establishment in 1982 and will continue its highly successful Florida Practitioner Designation Programs in the following fields; Crime Prevention, Crime Prevention Through Environmental Design, Elder Crime, School Resource Officer and Victim Services.

You and members of your organization are cordially invited to attend these excellent courses, and I look forward to working with you in our efforts to reduce crime while also assisting crime victims in our communities.

What others are saying about our Training:

“I have attended several classes with FCPTI. Most for crime prevention and the others for victim advocacy. Overall we have had great instructors and the location were very good. I really enjoyed this class and can’t wait to get back to share the art programs & new urbanism with Chief Baker.”

Gretchen Lorenzo, Fort Myers PD

F.A.S.R.O Annual Training Conference

FASRO 2017 Annual Training Conference
Lake Buena Vista Palace
July 9-14, 2017 in Orlando, Florida

For more information and to register visit:

FLDOCA Meeting
Santa Fe College NW Campus
April 21, 2017 in Gainesville, Florida

For more information and to register visit:

48th Annual Crime Prevention Conference
Hyatt Sarasota
October 23-27, 2017 in Sarasota, Florida

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Secure email delivery #appraise, #appraiser, #appraisal, #appraisalport, #appraiser #network, #appraiser #listings, #residential, #collateral, #cms,




More Business. Less Work.

AppraisalPort connects you to lenders

And to others who engage in real estate appraisal services. Once you are connected, AppraisalPort provides tools to build your reports quickly, accurately, and deliver them straight to your client. Learn more about AppraisalPort

Secure communication with your clients

AppraisalPort is a secure, Web-based work site from which appraisers can receive orders, send completed reports, and communicate with their clients. It is integrated with FNC’s Collateral Management System®, used by many mortgage lenders, banks, and appraisal management companies. Read more AppraisalPort® FAQs

AI Ready™

New order information is auto-populated into your forms software package if you use AI Ready software. This helps to eliminate typos and reduce time spent re-keying information. Read more about AI Ready

  • “Appraisal Port is an intuitive and easy to use platform.
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– Kevin Allin, San Diego, California

  • “Simple log-in, automatic report acceptance and seamless
    integrated delivery system maximize my clients’ and my time. In
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    sense of belonging to a community of appraisers.”

    – Susan Bender-McGoldrick, Lexington, VA.

  • “It’s nice that we can upload quickly and easily.
    It’s convenient to have all of our clients organized on
    one site and makes it very efficient to receive orders.”

    – Beverly Pogue, Bethesda, Maryland

  • “AppraisalPort provides the convenience of auto accepts and
    receiving of orders, and the communication you receive on each one.
    The GAAR option is great for checks and balances, and the rules can
    fire back quickly and reject the report back to
    appraisers to correct the fired rule.”

    – Norma Lorence, Williamston, Michigan

  • “As an appraiser, I am able to post messages and
    communicate 24/7. This has helped eliminate unnecessary phone calls
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  • “Castle Associates, Inc. strongly endorses AppraisalPort as an
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  • “Appraisal Associates has had such success
    with the system, it works beautifully, there is no lender pressure,
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  • “Your staff always handles any problem that
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    -L. Michael Gandy, Las Vegas, Nevada

  • “I love that it is so easy to add new clients through AppraisalPort.
    Just a couple of clicks and we are connected.”

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  • “I’ve used several appraisal ordering companies
    over the years but when a lender asks me which one I prefer
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    – Clint Bruce, San Diego, California

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  • Lender Lister – Business Directory, connecticut mortgage lenders.#Connecticut #mortgage #lenders


    Search for Local Lenders

    Use the search form below, browse the lending businesses by category or location, check the featured or last added businesses or browse them by map by clicking on the icon to the right .

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    Reverse Mortgages: Best Deals – CBS News #reverse #mortgage #rate


    Reverse Mortgages: Best Deals

    How can I get the best deal on a reverse mortgage?

    1. Choose a Home Equity Conversion Mortgage (HECM). For most borrowers, it’s the right loan.

    2. Compare the HECM with one of the jumbo loans if you have an expensive house. Sometimes the jumbo wins. Often, however, ‘ll find that the HECM gives you all the cash you need, while saving you thousands of dollars in costs.

    3. Look beyond the upfront cash the lender offers. A jumbo lender might provide a higher credit line at the start. But because ‘s credit line grows every year, HECM will probably provide you with much more money in the end. Your HEMC counselor can help you figure this out.

    4. The most expensive way to borrow is by taking a lump sum up front. You pay interest and fees on the whole amount, even though you intend to use only part of the money each month. Fixed monthly payments aren’t much better because your income won’t rise with inflation. The best option is taking the loan in the form of a credit line. That way, you can draw money as needed and will be charged interest only on the amounts you actually use. What’s more, a HECM credit line rises every year, so your borrowing power and future income will go up.

    5. Reverse mortgages carry all the fees of regular mortgages and then some. You might pay $15,000 to $20,000 up front.

    6. Most of these loans charge variable interest rates, adjusted annually. HECM gives you three choices:

    • A loan with a rate that adjusts monthly. You get higher monthly payments and a lower initial interest rate than on the alternative choices. Over the life of the loan, however, the rate can rise by up to 10 percentage points.
    • A loan whose rate adjusts annually. You get smaller payments and a higher initial interest rate. The rate can rise by up to 2 points per year and 5 points over the life of the loan.
    • A loan with a rate that never changes, but there’s a catch. You have to take the whole amount as a lump sum.

    7. Finding the lowest-cost loan is tricky. Normal comparisons of rates and fees don’t work. Reverse lenders are required to calculate a Total Annual Loan Cost, or TALC rate, based on all projected costs. The TALC rate is far from a perfect disclosure, but it lets you compare two loans in a reasonable way. Always ask for the TALC rate.

    You can get a better, more customized cost estimate from a good reverse mortgage counselor. The counselor should be working with special computer software developed for this purpose by the AARP. The program lets you enter specific interest rates, possible rates of home appreciation, and the rate at which you’ll draw money from your credit line. That shows you how the costs of the various loans change over time.

    8. If your home rises substantially in value or interest rates drop, you might want to refinance your reverse mortgage. You’ll pay the closing costs all over again, so ask the mortgage counselor to show you, in real numbers, all the pros and cons.

    Excerpted from Making the Most of Your Money Now by Jane Bryant Quinn

    Copyright 1991, 1997, 2009, by Berrybrook Publishing, Inc. Reprinted by permission of Simon Schuster, Inc

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    How to get the best mortgage rate #what #are #points #on #a #mortgage #rate


    How to Get the Best Mortgage Rate

    You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved. Here’s how we make money .

    Buying a home is a huge financial commitment. Finding the right mortgage (and how to get the best mortgage rate) can be a confusing process — especially for first-time homebuyers. Comparison shopping is the key to getting the best deal, and you’ll want to ask yourself, “How much house can I afford ? before getting too far into the process.

    Here are six important questions to consider when deciding which mortgage is right for you:

    1. Should I get a fixed- or adjustable-rate mortgage?

    Mortgages generally come in two forms: fixed or adjustable rate. Fixed-rate mortgages lock you into a consistent interest rate that you’ll pay over the life of the loan. The part of your mortgage payment that goes toward principal plus interest remains constant throughout the loan term, though insurance, property taxes and other costs may fluctuate.

    The interest rate on an adjustable-rate mortgage fluctuates over the life of the loan. An ARM usually begins with an introductory period of 10, seven, five or even one year, during which your interest rate holds steady. After that, your rate changes based on an interest rate index chosen by the bank.

    ARMs look good to a lot of homebuyers because they usually offer lower introductory rates. But remember, your rate could go up after your introductory period, so be sure you’re comfortable with the chance your monthly mortgage payment could rise substantially in the future. As you try to figure out how to get the best mortgage rate. Use the terms of the loan to calculate what your payment might look like in different rate scenarios.

    2. Should I pay for points?

    A point is an upfront fee — 1% of the total mortgage amount — paid to lower the ongoing interest rate by a fixed amount, usually 0.125%. For example, if you take out a $200,000 loan at 4.25% interest, you might be able to pay a $2,000 fee to reduce the rate to 4.125%.

    Paying for points makes sense if you plan to keep the loan for a long time, but since the average homeowner stays in his or her house for about nine years, the upfront costs often outweigh interest rate savings over time.

    Alternatively, there are negative points. It’s the opposite of paying points: A lender reduces its fees in exchange for a higher ongoing interest rate. It’s tempting to reduce your upfront fees, but the additional interest you pay over the life of the loan can be significant. Carefully consider your short-term savings and your long-term costs before taking negative points.

    3. How much should I expect to pay in closing costs?

    Closing costs usually amount to about 3% of the purchase price of your home and are paid at the time you close, or finalize, the purchase of a house. Closing costs are made up of a variety of fees charged by lenders, including underwriting and processing charges, title insurance fees and appraisal costs, among others.

    You’re allowed to shop around for lower fees in some cases, and the Loan Estimate form will tell you which ones those are. Shopping for the right lender is a good way to find the best mortgage rate, and save money on a mortgage and associated fees.

    4. Do I qualify for any special programs?

    Before you settle on a mortgage, find out if you’re eligible for any special programs that make home-buying less costly. For example:

      • VA loans. If you or your spouse are active military or veterans, you might qualify for a VA loan. Such loans allow low (or no) down payments and offer protections if you fall behind on your mortgage.
      • FHA loans: Like VA loans, an FHA loan allows low down payments, but they’re open to most U.S. residents. They’re popular with first-time homebuyers, because they require as little as 3.5% down and are more forgiving of low credit scores than traditional lenders.
      • USDA loans. If you live in a rural area, the USDA might give you a low- or no-down-payment mortgage and help cover closing costs. Like VA loans, USDA loans can also offer help if you fall behind on your payments.
      • First-time homebuyer programs: If this is your first go-round in the homeownership process, check out the HUD website for helpful information and a list of homebuyer assistance programs in your state.

    5. How much can and should I put down?

    Generally speaking, a lower down payment leads to a higher interest rate and paying more money overall. If you can, pay 20% of your home’s purchase price in your down payment. However, if you don’t have that kind of cash, don’t worry. Many lenders will accept down payments as low as 5% of your home’s purchase price.

    Be aware: Low-down-payment loans often require private mortgage insurance. which adds to your overall cost, and you’ll probably pay a higher interest rate. Put down as much as you can while maintaining enough of a financial cushion to weather potential emergencies. As you ask potential lenders how to get the best mortgage rate. many will tell you that the more money you put down, the lower your rate will be.

    NerdWallet s mortgage rate tool can help you see rates available to you with varying downpayments and purchase prices.

    You may also like

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    Reverse Market Insight – HECM Originators #genworth #reverse #mortgage


    Archive for the HECM Originators Category

    HECM endorsements declined -0.3% in June, but Retail/direct grew 0.8% to 2,530 loans while Wholesale/broker dropped -1.6%.

    5 of the top 10 lenders grew their volume despite the small industry decline, with a huge spread between the top and bottom results:

    • Finance of America Reverse grew 37.9% to 906 loans, their highest reading in over 12 months
    • Synergy One was just a hair behind, rising 37.2% to 343 loans and their highest monthly total yet
    • Nationwide Equities also jumped 22.6% to 141 loans

    Don t forget to check out the rankings on page 3 (trailing twelve months with channel splits) and page 4 (single month retail only). If your company is not an FHA approved lender, these are the only industry rankings where you ll appear!

    Click the image below to access the full report.

    HECM endorsements declined -3.6% in May, continuing to slowly recede following the spike in March. After holding up better in April the Wholesale segment accounted for much of May s decline, dropping -6.7% compared to Retail/direct at just -0.6%.

    We also saw several big lenders rising in the month, with 7 of the top 10 posting gains:

    • Live Well grew 21.6% to 197 loans
    • Nationwide Equities was close behind, rising 19.8% to 115 loans
    • Synergy One edged up 8.2% to 250 loans

    Don t forget to check out the rankings on page 3 (trailing twelve months with channel splits) and page 4 (single month retail only). If your company is not an FHA approved lender, these are the only industry rankings where you ll appear!

    Click the image below to access the full report.

    April brought the obligatory drop in endorsements after the big month in March, with volume falling 6% to 5,034 units. That is still good enough for the 2nd highest volume month in the last 12 months, and 4th highest in the past 2 years.

    • Wholesale/broker volume fell 3.6% to 2,511 loans
    • Retail/direct volume fell further, down 8.2% to 2,523

    As would be expected in a down month, most of the top 10 institutions had lower volume, with a couple of exceptions:

    • RMS/S1L volume spiked more than 300% to 276 units(page 2)
    • Reverse Mortgage Funding increased from 546 to 574 units
    • One Reverse inched up to 261 loans

    Don t forget to check out the rankings on page 3 (trailing twelve months with channel splits) and page 4 (single month retail only). If your company is not an FHA approved lender, these are the only industry rankings where you ll appear!

    Click the image below to access the full report.

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    What Is an FHA Streamline Refinance – Guidelines, Pros – Cons, fha streamline refinance


    What Is an FHA Streamline Refinance Guidelines, Pros Cons

    If you have an FHA-insured mortgage on your home, you may have the opportunity to refinance with an FHA streamline refinance. While the hype surrounding the FHA streamline refinance program makes it sound fabulous, the reality is that mortgage lenders often put what are called overlays on FHA guidelines. In other words, while the FHA says you can basically refinance your underwater home even if you have bad credit and are unemployed, most lenders require you to meet a certain level of standards.

    That said, if you have an FHA loan and can qualify for an FHA streamline refinance, it can be a great deal. Just make sure you compare your options for other types of mortgage refinance.

    Unlike other mortgage refinance options, the FHA streamline refinance program offers borrowers with an existing FHA mortgage a new FHA-insured home loan without requiring an appraisal or any documentation of income or assets. Furthermore, depending on when the current loan was taken out, lower mortgage insurance fees may be available to the borrower.

    FHA Streamline Refinance Process

    Before you take any refinancing steps, make sure you meet the few guidelines established by the FHA:

    • Your current mortgage must be FHA-insured.
    • You must have made on-time, in-full mortgage payments for the past 12 months.
    • Your FICO credit score has to be at least 620 or higher. Some lenders require a credit score of 640 or 680 on an FHA loan.
    • You cannot have refinanced within the past 210 days.

    If you meet these guidelines, you can contact your current mortgage lender to inquire about a streamline refinance. You can also contact other mortgage lenders to compare rates and fees. Different lenders have different loan requirements, so even if one lender turns you down, another may be willing to work with you.

    In addition to various individual mortgage lender requirements, you need to meet the FHA net tangible benefit requirement, which says that refinancing will either help you avoid future mortgage rate increases (refinancing from an adjustable rate mortgage to a fixed-rate mortgage works for this) or will reduce your total monthly payment including principal, interest, and mortgage insurance by at least 5%. The interest rate doesn t have to drop by 5% just your payment.

    That can be a catch for many homeowners, because even though you have been paying mortgage insurance premiums with an FHA loan, you need to continue paying them with a refinance. Depending on when you took out your current mortgage, those mortgage insurance premiums could be higher on your new loan and erase any payment reduction achieved with a lower interest rate.

    FHA Mortgage Insurance

    How much you ll pay in mortgage insurance depends on when you closed on your current mortgage. As of June 11, 2012, the FHA offers reduced upfront mortgage insurance premiums to borrowers who took out their current mortgage prior to June 1, 2009. Those borrowers must pay 0.01% of the loan amount.

    If you took out your current loan on or after June 1, 2009, you ll pay a higher upfront mortgage insurance premium of 1.75%. That s a whopping difference from $10 to $1,750 on a $100,000 mortgage. The upfront mortgage insurance premium can be added to your loan balance.

    As you already know if you have an FHA loan, you have to pay both an upfront mortgage insurance premium and an annual mortgage insurance premium. However, the annual mortgage insurance premium is eliminated if your loan-to-value (LTV) is 78% or less.

    Here s the breakdown on annual mortgage insurance premiums: If you are refinancing a loan taken out before June 1, 2009, your annual mortgage insurance premium will be 0.55%. If you are refinancing an FHA loan taken out more recently, you will need to pay 1.25% of the loan amount. The annual mortgage insurance premium on a $100,000 mortgage would be $550 at the lower rate compared to $1,250 at the higher rate. These premiums are paid on a monthly basis, so on a $100,000 loan you would pay $58 more per month at the higher mortgage insurance rate.

    Pros Cons of a Streamline Refinance

    Clearly, homeowners with an FHA loan taken out before June 1, 2009 benefit the most from the FHA streamline refinance program, but even those with more recent loans should compare their current monthly payments with their payments under a refinance.


    1. Easy to Qualify. FHA financing is designed to help borrowers with less-than-perfect credit. If your credit score is less than 740 and above 620 or 640, compare your options for conventional and FHA financing. If your credit score is above 740, conventional financing is likely to be the better deal.
    2. No Appraisal Required. Even if you owe more on your mortgage than your home is worth, an FHA streamline refinance is an option as long as you find a lender who does not require an appraisal. However, that can be a challenge, even though the FHA says an appraisal is not needed.


    1. Mortgage Insurance. When you take out a new FHA loan, you must pay upfront mortgage insurance again. And if your loan-to-value is higher than 78%, you must pay annual mortgage insurance premiums. The mortgage insurance increases your loan balance and your monthly payments. If you took out your loan after June 1, 2009, your mortgage insurance premiums will be higher on your new loan.
    2. Closing Costs. The FHA says borrowers cannot finance their closing costs into their loan balance. Closing costs vary widely by location: The average closing cost is approximately 3% of the loan amount, or $3,000 on a $100,000 loan. Most lenders allow you to wrap closing costs into your loan balance for a conventional loan refinance. Your options on an FHA streamline refinance, however, are to pay your closing costs with cash or to find a lender who will do a zero cost refinance. While zero cost sounds like a great option, what this actually means is that you must pay a slightly higher interest rate over the life of your loan to reimburse the lender-paid closing costs.

    If you are considering a zero-cost FHA streamline refinance, be sure to compare your options for refinancing into a conventional loan to see which mortgage product results in the lowest monthly payments and the lowest long-term costs.

    Final Word

    If you have an FHA-insured mortgage approved before June 1, 2009, refinancing to a lower interest rate with an FHA streamline refinance will probably save you money. But even if your mortgage was approved after that date, it s worth talking to a few different lenders to see what they can do. Even though it s relatively easy to qualify, you may still need to shop around for a loan approval if your home equity is low or you have credit challenges. Either way, the effort is worth it and could lead to thousands in annual savings.

    Have you taken part in the FHA streamline refinance program? What was your experience?

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    Last Updated July 30, 2017 3:33 PM Central

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